Inventory is the stock of any item or resources used in an organization. In the case of fabric inventory, various types of fabric and accessories such as sewing thread, button, interlining, zippers, labels, etc are stored in the storeroom. For bulk production in garments industry, it is essential to maintain a well-organized & well-equipped fabric inventory system. Flow Chart of Fabric Inventory System in Garments Industry is as follow:
Flow Chart of Fabric Inventory System:
Received the fabric
Inventory control should be defined as a list of in housed, unsold, and unshipped goods in an organized way at the same time; balance quantity, booking quantity, shipping quantity everything I mean the real status of stock/selling/shipping/moving goods.
Inventory control in Garments
Proper inventory control in the apparel and textile warehouse will ensure market competitiveness in the international market.
Goods in the warehouse can be placed in three ways
- Raw material, to be inputted for products bought from another company.
- Work in progress, production is running.
- Finished goods, waiting for delivery to the buyer’s destination.
Benefits of Inventory
- Information transparency.
- Save cost.
- Save time.
- Increase in efficiency.
- Data Management
- The beneficiary for all other departments.
- Minimize Goods receive and delivery time.
- Increase supply chain performance.
- Knowing stock information at any time.
- Organize the warehouse.
- Factors of inventory report for Garments and Textile store.
- Mention buyer name.
- PO and style name
- Production name.
- Product description.
- Booking quantity.
- Proforma invoice (P I) number of received goods.
- Challan No.
- Quality inspection status.
- Due product
- Rejected quantity
- Received quantity.
- Balance quantity
- Delivery quantity.
- Product moving log.
- Shipment date.
- Store rack number.
Author of this Article: S. M. Hossen Uzzal Production Officer Monnu Fabrics Ltd. Manikgonj Email: firstname.lastname@example.org