As COVID-19 hit a huge percentage of the world, life drastically changed. Social distancing became a necessity, and taking extra precautions with personal hygiene, such as regular hand-washing and wearing masks, became a norm. With business owners, more changes took place as they had to adjust to having limited mobility and manpower. Some businesses, unfortunately, had to close, and those that struggled to stay open had to become creative and find ways to adapt. A huge part of the adjustment included monitoring inventory.
As global shipping and delivery became limited, businesses either found themselves overstocked, while some did not have enough in their inventory. As manpower also became limited, monitoring inventory manually became a slow process. Business owners had to take advantage of available technology and switch to automated systems in monitoring inventory in their warehouses from their own homes. Blue Chip Inventory Services provides automated systems and delivers reports via mail or electronic mail to the comfort and safety of the business owners’ own homes.
With the Blue Chip Inventory Service’s automated SKU monitoring system, items in the inventory that are coded are registered and owners can view the remaining number of items in stock every time an item is taken off the shelf and sold, as well as which items need to be sold first due to expiry dates, if applicable. With the same system, employees who are doing manual inventory are still able to continue even if they are practicing social distance because all the items are coded, and new items to be coded only need one person to scan for the codes.
With Blue Chip Inventory Service’s retail inventory system, even the prices and the calculated cost of all items can be monitored, hence the auditing system is also accessible off-site and electronically. Coupled with the SKU monitoring, business owners are able to provide information for auditing remotely. For business owners with multiple warehouses, this system is indeed helpful in consolidating reports of all total sales and even for the reports for each individual warehouse.
Another change in monitoring inventory was for business owners who had to switch to selling online and processing orders remotely. Hooking up their online ordering system with Blue Chip Inventory Service’s system enables business owners to monitor their inventory remotely while still keeping the business running even when there is a limited number of people fulfilling the orders, from getting the items in the warehouse to packing the items for shipping, and to hand off to the courier service.
COVID-19 also changed the way inventory was planned out. With the new year, business owners using Blue Chip Inventory Service are able to monitor which items moved quickly and which ones remained in the warehouse for a longer period than expected. With this information, businesses can focus on ways to improve sales for items that stayed on the shelves, and which items to stock ahead to accommodate high demand.
COVID-19 may have given business owners and consumers all over the world a difficult time, but thanks to technology and years of expertise, Blue Chip Inventory Service can be a useful tool in maintaining safety during inventory monitoring.