Bench Stock Inventory Management. Bench stocks are low cost high use consumable supply classes ii clothing and equipment iii p packaged petroleum oils and lubricants iv construction materials and ix repair parts. There are three main types of benchmarking. Inventory takes up storage space requires security and protection against spoilage jacks up your insurance costs and ties up cash you could be spending elsewhere.
Benchmark your inventory management processes to see your success skyrocket. In addition the current ipv program was not designed to address problems with the supply.
Management management of repair parts on bench stock is vital for medical devices demanded on an occurring and routine basis.
A physical inventory of all bench stock part should be conducted every year. Bench stocks are low cost high use consumable supply classes ii clothing and equipment iii p packaged petroleum oils and lubricants iv construction materials and ix repair parts. In inventory management the process of moving raw materials from receiving to a warehouse storage location can be measured for the time it takes. In a previous post we took a look at inventory management pain points and bad practices.
