The Hidden 3-5% Annual Inventory Shrinkage
In wholesale and manufacturing, unaccounted inventory shrinkage quietly eats away up to 5% of annual profits. Without itemized serial and barcode tracking, pinpointing when and where stock disappeared is impossible.
The 3-Point Scan Protocol
Our custom ERP systems enforce mandatory scan checkpoints:
- Inbound Goods Receipt (GRN): Raw materials are scanned upon vendor delivery, immediately generating unique internal serial barcode labels.
- Production Line Requisition: Stock is digitally transferred to the shop floor only when scanned by authorized production supervisors.
- Outbound Dispatch Verification: Packers scan goods before box sealing. If an item does not match the invoice, the system sounds an audible alert and blocks shipping label generation.