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 These companies generally have a fairly small number of products which they track for inventory. It is common to see less than 700 items in inventory. If they also track raw materials, their item count may number 1200 items. There will be a mixture of companies who do their own production, and companies who purchase products for resale. In some cases, a company will produce some of their high volume products, while purchasing other products. Dairies and Bottled Water companies will generally produce most of their products. Beer & Wine companies generally purchase all of their products from a Brewery or Winery. In the Soft Drink industry, you may see a joint production company set up by a number of smaller bottlers. Their inventory may be kept in a single or multiple warehouses. Given the cost of buildings and handling, the trend is toward fewer warehouses. They keep an inventory of a number of different types of items. These include full goods, empty containers, and miscellaneous items ( Cups, Lids, Glasses, CO2, etc. ). If they produce some or all of their products, they will also track raw materials. In terms of transactions, these companies have daily movement of inventory in and out of their warehouses. Transactions include sales, production, purchase receipts, breakage, transfers to other warehouses, and inventory adjustments. It is common for warehouse counts to be done on a daily basis. This is usually done to control full goods. It is normally done at night, after the trucks have been loaded for the next day’s deliveries. These physical counts are reconciled each day to the computer’s inventory balance of each item. They then follow-up on any variances found, as quickly as possible.
Garman Routing Systems, Inc. |