The core of stock management is that:
stock items are assigned
Unique Stock Codes or Item Numbers
by tagging and labelling
to monitor every stock item.
Monitoring and Traceability of stock items
from suppliers to store shelves to customers
is a mandatory requirement.
Therefore stock item coding and labelling
is a vital aspect of the organization.
Items are labelled separately or collectively
during entry before being distributed to shelves.
The additional time spent or invested
in labelling items would assure future
beneficial results in terms of
marketing and customer satisfaction
and preventing arising problems
due to misunderstandings between
suppliers and customers.
Labeling is key to material management.