NEGATIVE INVENTORY

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    BB PONDY BAZAAR

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    Merchandise ctgry. qty Map valueMen sForma ls 218 47000Men sCasuals 436 124000Men sAcc 62 2364Ladies Ethn ics 138 53042Ladies W estern 278 43658Ladies Acc 151 9117kids 822 91423Home Fashion 942 143,474Grand Total 3047 514078

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    1. GRN PENDING2. NOT PROPER CHECK / QTY MATCHING3. WRONG INWARD4. ITEM NOT FOUND5. IDOC ISSUES

    6. PRICE MISMATCH7. WITHOUT BARCODE8. BARCODE DA MAGE9. ARTICLE HAVE TWO EANS10. BILLED IN VENDOR ARTICLES11. VENDOR S PRODUCT WISE PRICEMISMATCH12. ADVANCE BOOKING13. STOCK DISCLOSED WRONGLY IN STOCK CHECK14. SCANNING PROBLEM/MANUA L TYPING15. ARTICLE,EAN, BAR S OF THE PRICEMAY VARIEY 16. OTHER STORES PRODUCT17. WITHOUT BILLPRODUCT

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    y PEOPLEy

    PROCESSy TECHNICA Ly OTHERS

    CORE POSSIBILITIES OF

    NEGATIVE INVENTORY

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    1. GRN PENDING2. NOT PROPER CHECK / QTY

    MATCHING3. WRONG INWARD4. WITHOUT BARCODE5. MANUA L TYPING

    6. ADVANCE BOOKING7. BILLED IN VENDOR ARTICLES

    PEOPLE

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    1. VENDOR S PRODUCT WISE PRICEMISMATCH

    2. STOCK DISCLOSED WRONGLY INSTOCK CHECK

    1.OTHER STATE STORES PRODUCT2. WITHOUT BILL PRODUCT

    PROCESS

    OTHERS

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    y OVERSTOCK / EXCESS STOCKANA LYSIS

    y NEGATIVE INVENTORY ANA LYSIS

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    y After GRN stock on floory Don t match qty A MAPy Person who do es th e phy sical ch eck should

    do th e stock inwardy Daily cro ss check th e barcod e sy Barcod e should be scanne d rath er tha n

    manu ally typing. y V endor cod e not suppo se to scan on our

    sy stem( cro ss th e v endor cod e )y W eek ly PI ( dept t eam , team formatio n )

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    y INF stocks should be sen t to th e floor, only after clearing th e issue.

    y Price mis-match should be remov ed

    from th e floor till th e right updatio n is done.y Bar-code dama ge daily check nee ds to

    be done on barcod e printing quality .y Scann ing probl em randomly all th e

    prod ucts should be scanne d before been taken into th e floor.

    y Mu ltipl e EANs in sing le articl e code

    should be meticulous ly inward ed.

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    y V endor articl e codes nee d to b e sealedwith donot scan symbol to avoid wro ng scann ing.

    y

    Intimatio n of prod uct-wise price mismatchto th e v endor, if any .y Stock-check proc ess should be done and

    supervised with utmo st car e to bri ng in

    zero mi stakes.

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    y TEA M FOR MATIONy NEED SCANNER y NEED SYSTEM

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    y Ins tantly iden tify prod ucts with neg ativ e on hand quan titi es and values in inv en tory

    y Drill-down to id en tify specific causes of neg ativ e inv en tory i ssues

    y Use analy sis data to h elp corr ect error s in inv en tory r ecord s

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    FASHION TEA M BIG BAZAAR .