Product quality and packaging emphasise brand reliability and impact customers and clients. Businesses maintain inventory in the form of stock of goods on hand or in storage to facilitate smooth business operations. It is necessary to also ensure balanced inventory stock levels for waste reduction as well as to minimise the risk of damage. Optimal inventory control provides several benefits to businesses, such as ease of access for workers, reduction in inventory costs and an overall increase in profitability.
Inventory control and quality control are both equally crucial for the success of your business operations. An efficient organisation operates at high productivity levels based on both. They minimise waste and deliver quality products to meet or exceed consumers’ expectations. An effective system for inventory control streamlines processes and helps identify problems at their source. This, in turn, improves quality control.
What is Quality Control?
Every organisation has a predetermined set of processes and procedures to measure quality metrics. This practice of quality control ensures that the set metrics for the quality of products are met by measuring the output levels and quality. The process of quality control can be implemented throughout a production run or business cycle. Businesses can identify problem areas of their inventory control operations by ensuring proper quality control management throughout every stage, starting from the origin to the point of sale.
Quality control maintains internal quality measures and helps comply with your business-specific industry's international safety and environmental standards.
Define Quality Standards
Organisations can set down a quality assurance program that ensures meeting objectives for the quality of their inventory. These can be:
- Availability of the products when needed
- Efficient system management
- Providing internal controls
- Product storage under appropriate conditions, and
- Rules to follow regulations, procedures and accreditation standards
To meet these objectives, an organisation can appoint in charge to monitor product quality, internal control system, vendor performance, purchasing data, and storage conditions. They can maintain a checklist for the evaluation of purchases and inventory practices. Similarly, they can keep a sample audit form for quality assurance criteria, procedures and standards, and recommended actions.
Upgrade Equipment and Technology
Organisations may use the latest software for an inventory management system which uses real-time analytics. They can also incorporate a barcoding system to track inventory more efficiently and accurately.
You could also consider using advanced inventory management techniques to forecast seasonal trends or discover unprofitable product lines that can be eliminated. With technology, you can update your inventory in real-time. Thus, you may know how many units of the product you have on hand or how many have gone out. This data allows your team to analyse and optimise inventory levels appropriately and provides you with the bigger picture.
You might have invested in modern equipment and technology to reduce waste and keep product quality consistent as a business. When it comes to planning contingencies, you must be aware that machinery will wear out at some time or another, and equipment will invariably fail. So you need to prepare your teams beforehand for this eventuality.
Set down protocols for repairing broken equipment, use other devices when needed, and define where employees can report immediately following the breakage.
Sometimes, a single inoperable piece of machinery can hold up the whole assembly line. You can have a backup piece of equipment ready or have expert professionals and mechanics ready for such situations. You can also conduct workshops to train employees on repairing equipment and run regular drills for repair jobs.
Cleanliness is another essential aspect of reasonable quality control of your inventory at your warehouse for rent
. You need to store your products in a clean and organised environment, neatly stacked, labelled, and secure with no spills, broken seals, or damaged parts. Let your product quality be built in during product development according to the consumer requirements and follow all safety and regulatory requirements.
The area where you receive the products and prepare samples should have adequate facilities to prevent cross-contamination. Similarly, your warehouse space for rent can use air-con rooms, wherever required. It is necessary to clean out the premises and disinfect them where applicable, as per the written procedures, if any.
Reduce Your Carbon Footprint
As an organisation, you can evaluate new ways to improve the efficiency of your business while reducing carbon intensity. For example, installing solar panels outside the building which uses solar energy cuts down on the use of electricity. In addition, paperless inventory management with digital platforms to manage your inventory and the use of digital invoices can help reduce paper and cut down costs.
Similarly, you can follow lean operating principles for an Integrated Warehouse Management System. A green supply chain can bring many benefits to your company.
Space Resource do provide similar spacious and well-maintained warehouse space for rent in Singapore at various strategic locations across the island. Available in various area sizes and B1
categories, these warehouse spaces are well-lit, clean, and include industrial spaces for rent that have open space within the premise. You can conveniently keep your goods or products here with perfect quality control methods in place. If done well, it will help to create a positive reputation for your company.