ANN: eStockCard Inventory Software is ending Support for Windows XP

Announcement:-

To all our esteemed customers and users, the eStockCard team is regret to inform that with effective from end of March 2014, there would not be any technical assistance for any bugs fixing or new enhancement for the eStockCard which run on Windows XP.

However, the customers could still use the eStockCard which runs on Windows XP without any supporting from the eStockCard.

Thus for the existing customers who wish to continue to receive the latest updates and enhancement on the eStockCard, we would suggest them to migrate their Window OS from Windows XP to Windows 7.

Click this link here to download the latest version of Chronos eStockCard Inventory Software. Thank you.

 

Types of Racking Available for an Organization

All organizations with inventory are finding themselves working in confines space and money constraints. Thus finding the correct racking would increase space utilization, easy accessibility to the inventory locations, handling time and able to pick order within minutes. Inventory is also prevent from damage when it is moved from the respective spaces.

The most common racking available include: push back rack, selective,  drive in racking, pallet flow rack and cantilever.

Push back rack

Each level in a Push Back Racking system holds a series of nested rolling carts which operate in a lane that slopes upwards away from the pick face. This rack acquired its name because the lift truck operator lines up in front of the first pallet and pushes against it, causing the first pallet to roll away from the pick face and expose the next cart. All carts are interlocked to prevent jamming and product damage.

Push Back Racking allows you to store multiple SKUs on different lane levels, enabling easy access. Combined with proper warehouse management, you can maintain First In First Out (FIFO) by emptying the oldest lanes first.

Selective

Selective pallets made up of vertical frames and beams that are arranged in single or double rows. It allows storing of different sizes and shapes of packaged materials  and also easy, direct access to every stored load. The height between shelves can be adjusted based on the size of the loads and wire decking can be added to accommodate non-racking pallets. Labor costs are thus reduced as movement of pallets can be eliminated. Inventory control is also improved because it easier to view what is available.

 

Drive in racking

Drive in racking offers a high density of pallet storage with low selectivity. Consequently, it is ideal for product with a high number of pallets per SKU. When stock rotation is an issue, Drive In rack ensures that tunnels are fully emptied before replenishing. It is a LIFO – Last In, First Out high density storage system.

Drive in racking systems efficiently able to store large quantities of loads by allowing the forklift driver to enter the rack system and place the load on structural rails. The lift truck can enter the rack from one side to pick up or pull out pallets because the pallets can slide backwards on a continuous rail. While forklifts can drive into the rack to access pallets 2 or more deep, the size of your facility may limit the depth of storage for a bay.

 

Pallet Flow Rack

In pallet flow racking, product flows back to a picking position and is easily accessible to the operator. The product is loaded from the back and picked up from the front. This system provides high density storage because every aisle can contain product with the same SKU. Pallet Flow racking is perfect for fast-moving product with first in/first out (FIFO) rotation. Plus, warehouse floor space can be maximized with fewer aisles by storing pallets back to back.

The main parts of this storage system are static racks and dynamic roll tracks. The dyamic roll tracks are decline along the rack and used gravity to move pallets from one location to another. Each lane has brakes to control the movement of the pallets.

Pallet Flow rack suits FIFO inventory systems as loads are moved from the loading to the unloading ends whereby the first load is removed first. It is also ideal when pallets must be moved from one area to another without fork lift trucks and thus more flexibility, lower maintenance costs and less damage to racks.

 

Cantilever

Cantilever racks are faster to load and unload as they do not have any front columns. Thus they are useful for storing long or bulky loads. Loads may be placed anywhere along the entire length of a row and handling clearance is more abundant.

 

Check out Chronos eStockCard Inventory Software and see how our software can help to improve your warehouse operation.

Inventory Software Helps in Organization

Inventory software system may help in monitoring and controlling the inventory in your organization. However you may wonder which inventory software is the most suitable one?

By considering all the issues, controlling inventory is usually a complicated and absolutely vital job for every company whether big or small. For example, let takes an normal convenience store which are available in any locations in the country today. Quite a number of convenience stores are usually run by single owners or small chains. They need to lower their costs in order to stay competitive, thus usually they do not have any extra the resources to handle their inventory in properly manner. For them managing inventory  is a major tasks and waste of time.

Majority of the convenient stores carry at least around two thousand items of inventory. New items tend to be introduced by vendors on a weekly basis. Further to that there are hundreds of special offers for the stocks to be administered and real income possibilities are available through them. However handling the stock quantities and margins are difficult enough to be handled.
With about two thousand items on hand, overstocking and under stocking issues tend to arise. Shrinkage can be difficult to be identified when there are too much inventory around and damage goods bound to take place. Today, items might also become expired on the shelves before it can be prepared for delivery. So your capitals are then sitting on your shelves gathering dust and unable to go to work in the rest of the organization.

When consider inventory software for any organization, there are a few things which are essential.

First, the inventory software should be able to monitor stock at item level which would present you with the right information to get rid of poor performing stocks and enhance inventory quality consistently. You also need to view the stock levels to prevent over stocking and under stocking. And you’ll need to be to view the comprehensive data you require immediately in accordance with actual demand. Inventory administration involved a  large activity and your inventory software must automate the procedure thoroughly to do it as best as possible.

Chronos eStockCard Inventory Software can help you to solve all the problems mentioned above, check out Chronos eStockCard v3 Warehouse Edition for details.

Using a Barcode for Warehouse

The barcode label is the backbone of any types of barcode inventory software in the market today.  Labels are mostly used to identify Locations name, Items and Quantity.

Usually an organization would chooses to divide the warehouse into  sub-locations.  These may be racks name, levels, columns on a shelf, or floor area on the warehouse floor.  By scanning the location label upon storage of inventory, the inventory and its location is stored in the inventory software database, and the system would then be able to quickly locate an inventory item when it is needed.   Info’s to be consider when designing  location labels:

  • What racking code which will work best?  (For example, Rack A , Level 1, Col2 = A-1-2)
  • Will the new location code will be added in near future due to the company is growing and the warehouse will be reconfigured.
  • Is it the warehouse so large that the higher level codes cannot be seen or scan?
  • Is there are large items that cannot be stored on shelves and need a flooring locations?

Looking for a warehouse control system? Please check out Chronos eStockCard v3 Warehouse Edition for details.

The Benefit of using BarCode for Inventory Control

Most computerized inventory control software come with barcode capability either included or as an add-on feature. Storeroom supervisors can use barcode technology to receive and retrieve their inventory easily.

Barcoding technology offers many benefits:

  • accurately records all inventory record
  • eliminates time-consuming data-transcription errors common with paper records
  • eliminates manual data entry and mistakes for parts checkout
  • enhances inventory receiving and retrieving
  • updates available quantities automatically
  • record all the inventory data in order to help determine minimum levels and reorder quantities
  • records transaction histories on inventory movement
  • provides a higher return on investment (ROI)

Effective Inventory Management

An effective inventory management plays a critical role in all operations. It differs from business to business, but the core practices ensure success whether a company is supplying a retail store or in manufacturing industry.

Without a proper tracking and monitoring on the stock locations, no operation can work smoothly. To achieve efficient inventory processes,  a culture of understanding and accountability cannot be escaped.

i) Inventory Accuracy at the Receiving

The critical stage of effective inventory management is at the receiving part. Shall there be any errors made at this point will affect and thus creating other problems along the way. As with any aspect of inventory control, top managements emphasis on the three fundamental of fulfillment control: workers, system, and process.

Store receivers must be properly trained on their critical work functions. They must understand the standards for accuracy and record management.

ii) Use of Technology

Automation of data provides engineering constraints on errors. The use of RF/barcode scanning and RF ID technology will reduce the errors compare to manual record keeping. Thus this companies will gain a lot of efficiency and accuracy during receiving.

The use of technology will reduces the chances of receiving wrong order or items. However it must be noted that a proper procedure must be established during the receiving, cycle counting, auditing and problem solving when exceptions arise.  A very effective inventory management must be measurable.

iii) Accuracy Expectations

With resources and inventory play a  huge part of overall cost, organization must decide the acceptable level of accuracy. In majority of environments, there may not be a return on investment past 90% inventory accuracy. However, there might be in others cases whereby anything less that 100% accuracy, it may cause a critical process failure.

Once those expectations had been set, the management must then  follow the old adage of inspect what they had expected. A very effective inventory management starts with effective leadership and support from the management.

All the 3 steps which we had discussed are then enforced through cycle counts and constant auditing from the management. These are the key support structures in order to achieve effective inventory management. The organizations will then have the visibility necessary to increase efficiency and profitability.

Check out Chronos eStockCard inventory software for effective inventory management.

A Cost Effective Warehousing

Based on today economy, the managements are exploring every possible method to cut costs and benefit the organization’s bottom line. Over the time, these efforts often lead to maintenance, repair, and operations parts storerooms. The inevitable order comes down through the ranks of facilities management to cut spending, and warehouses/stores often come in mind.

Control is the key of efficient on warehouse management, because efficient warehousing management means effective cost control. Top management can demonstrate effective cost control by reducing expenses related to storing and distributing  part centres, but without proper monitoring and control, it is a disaster waiting to happen.

For example, we could take an example of this case. Imagine how long would it take for on-hand inventory accuracy and stock levels to become completely unmanageable if the workers/customers could take what they needed without paying or telling the managements what they are taking? The business would surely fail within a short period.

The warehouse is in fact the general store for the entire facility. Top managements must apply common-sense business, security, and accounting principles if the facility is to survive and, ideally, reduce costs related to the  inventory management.

To manage a cost-effective warehouse, the managements must have effective controls in place to properly record and monitor not only the tools, parts,equipment and inventory coming into the warehouse, but also those going out. They also must closely track, monitor and manage both of these material flows. Increasingly, technology plays a crucial part in the implementation and success of these practices whereby the proper inventory software would come into place.

In the technology world today, the management would  have a number of popular and effective cost-saving technologies that can help them streamline and improve the effectiveness of their inventory-management processes. Chronos eStockCard v3 Warehouse Edition is one of the powerful inventory system for warehouse inventory management and control. For the Small & Medium Businesses/Industries, they can opt for our newly launched Warehouse Express Edition at USD 299.00 per license only. It has all the basic features for warehouse inventory management. You can more details here http://www.estockcard.com/inventory-software-comparison.html.

Chronos eStockCard v3 Warehouse Express Edition is released!

Chronos eStockCard v3 Warehouse Edition has been released in the market for few years now and we have received many compliments from our customers even users. It is always our honour to be able to help our customers to solve the inventory issues such as traceability, shelf life control and inventory holding issue. We also appreciate it when the users can suggest good ideas for us on how to improve the eStockCard. One of the most requested suggestion from our users is to simplify the Warehouse Edition. The eStockCard team takes this request into consideration and finally we go for it so we are glad to introduce the new Chronos eStockCard v3 Warehouse Express Edition.

What is Warehouse Express Edition? It is a light version of the eStockCard v3 Warehouse which is specifically targeted the customers who would use it immediately without fully making use of all the features in the eStockCard v3 Warehouse. The features are almost the same as the standard Warehouse Edition but it has some features limitations and certain screens are non-accessible.

The price for eStockCard v3 Warehouse Express Edition is only USD299 per license which is only a fraction price of the eStockCard v3 Warehouse Full edition. Rest assured that based on our feedback from our customers and users, those limitations will not affect those customers who are just making use of the simple functions in the eStockCard v3 Warehouse to monitor and track on their stock inventory.

However, if in the near future when your organization grows bigger and more functions would be required, you can opt to upgrade from the Express Edition to the Standard Warehouse Edition by just paying the balance difference between these two editions.

To find out more of the Chronos eStockCard v3 Warehouse Express Edition, check out the full details on the functionality limitations at this product comparison page here http://www.estockcard.com/inventory-software-comparison.html.

Cycle Count and Actual Inventory

Cycle counting is an inventory stocktake solution that allows organizations to count a number of items quantity in certain areas within the warehouse without having to count the entire inventory. It is a sampling technique where count of a certain number of items can be selected to be counted. This sampling method is used by surveyors every day where they measure the opinion of a small group of the people and infer that is the opinion of the whole population.

When a cycle count is performed, there are two consumption that are made. The primary one is that the accuracy of the items quantity in the cycle count can be used to determine the accuracy of the items quantity in the warehouse as a whole. The other is that if an incorrect quantity is found in the cycle count then that it could also be expected to occur for other items in the warehouse.

Types Of Cycle Counting

There are a number of types of cycle counting that can be used:

•Certain Category

•Random Sample

 

Certain Category Cycle Count

When the warehouse management starts cycle count (stock take) they may use a certain category of item to test whether this group of items will provide with the best result. The process usually focuses on a small category of items that are counted many times within a certain period. This repeated process will show if there are any inaccuracy in the count technique which can then be corrected. The process is continued until the technique has been confirmed to be accurate.

 

Random Sample Cycle Count

When a number of items to be counted are chosen randomly, this process known as random sample cycle count. When a company’s warehouse has a large quantity of items, they can randomly select a certain number of items to be counted in order to save times and resources. The count can be performed weekly or monthly so that a large percentage of the items in the warehouse are counted in a reasonable period.

Two methods can be used in random sample cycle counting; constant  counting and diminished counting.

Constant counting is where the same number of items are counted each time a count is performed. This can mean that certain items are counted frequently and some items are not counted, as the selection of items to be counted is random.

Diminished counting is a technique where a number of warehouse items are counted and then excluded from being counted again until all of the items in the warehouse are counted. Each count selects items from an ever-decreasing number of eligible items to be counted.

 

Choosing a Warehouse Racking System

A racking system can either make the life easy or complicated in your warehouse or distribution center. Physical constraints and the operating requirements whether simple or unique need to be considered on the existing changes plan or expend the existing facilities before selecting a rack system.

  1. Storage density. By analyzing the current storage volumes by SKU, you can identify deep-lane storage such as double-deep, drive-in, drive-thru opportunities which can dramatically increase cube utilization within a warehouse.
  2. LIFO or FIFO? For FIFO (First in, First Out), consider pallet flow racks. However other deep-lane storage alternatives in a FIFO environment under the right circumstances can also be considered. But carefully on it  because buried loads may significantly increase your material handling labor costs.
  3. Easy to pick Inventory. To have access to specific pallets at all times, deep-lane storage is not suitable. In case of a space crunch, you may have no choice but force to “bury” pallets. If this practice is limited to the slowest-moving SKUs, the additional labor required to access these loads may have to be used.
  4. Forklift access. Fork truck selection is critical especially for drive-in, drive-thru, or double-deep racks. With select rack systems, a minimum of six to 12 inches can also be added to the “right-angle” stacking aisle requirement as provided by the truck manufacturer. This will greatly help to reduce damage to both product and racks
  5. Picking profiles. How the inventory is packed? Are they in pallets, cases, or pieces? Are you picking from bulk to replenish a forward pick zone? Depending on the answers, different types of racks might be required and configure.
  6. Warehouse lighting. Increased accuracy & sight, reduced rack damage, and improved work environment are all factors to consider when lighting a warehouse.
  7. Warehouse environment has a direct impact on the cost and type of rack being selected. Consider warehouse climate, wash-down requirements, local government regulations, and other special product handling needs.
  8. Capacity. Do not estimate or guess how much the heaviest pallet loads weigh. Weigh them properly. Based on the heaviest pallet will be stored into any of your storage racking locations, then build up the  racking system accordingly. This will help considerably in building up the flexibility and safety into the storage system.

Check out Chronos eStockCard v3 Warehouse Edition here to see what are the features and benefits you can get from our powerful warehouse control system.