To ensure accurate inventory records amid supply chain shifts, consider these actions: Implement Real-Time Tracking: Use RFID, barcoding, or IoT sensors to monitor inventory movement continuously. Automate Data Entry: Reduce human error by automating stock updates through integrated systems like ERP or WMS. Conduct Frequent Audits: Perform regular cycle counts and spot checks to reconcile physical stock with system records. Collaborate with Suppliers: Ensure timely communication with suppliers for accurate delivery schedules and stock updates. Update Safety Stock Levels: Reassess safety stock based on current supply chain conditions to prevent inaccuracies. These steps help maintain transparency and reliability in your inventory management.

1. Minimum WIP Higher accuracy in inventory 2. GOOD ERP system which is able to generate real time data report 3. Reduce L/T of Material to do localisation for procurement which is help also to reduce In-Transit inventory

To maintain accurate inventory records amidst supply chain disruptions: Implement real-time tracking systems like RFID and IoT to monitor stock levels and detect discrepancies immediately. Perform regular audits and cycle counts to verify physical inventory against digital records, minimizing potential errors. Build strong supplier relationships to ensure timely communication about potential disruptions, and diversify your supplier base to mitigate risk. Utilize data-driven forecasting to anticipate demand shifts and adjust inventory levels accordingly. This comprehensive approach ensures inventory accuracy and operational efficiency during supply chain fluctuations.

Real-Time Data Integration: Utilize software that offers real-time inventory tracking. Perform frequent cycle counts and audits to ensure physical stock matches system records. This prevents discrepancies from escalating over time. Develop strong communication channels with suppliers to stay updated on their inventory levels and potential disruptions. Adapt to flexible purchasing strategies, such as diversifying suppliers and maintaining safety stock, to mitigate risks when one part of the supply chain is compromised. Use predictive tools to anticipate changes in supply trends. These practices help minimize the risk of errors and keep inventory accurate during supply chain shifts