I once heard a story of a man who was being interviewed for a job on a ranch. When asked what his best quality was, he answered, “I can sleep through a storm.” Puzzled, the rancher still hired him.
The man was great at his job and he always kept busy until one evening when a storm bore down on the ranch. For the first time, he was nowhere to be found. Panicked, the rancher searched everywhere for the man and finally found him asleep in his bed. He woke the man up and asked him if the animals were in their stables. “Yes,” the man calmly replied. The rancher asked if their supplies were covered and put away. “Yes,” the man replied once more. The rancher went through a long list of concerns and to each one the man confidently answered that it had already been taken care of.
Finally, the man told the rancher, “The reason I can sleep through a storm is because there’s nothing to worry about. I’ve already prepared for any emergency.”
Now I ask you: Can you sleep through a storm? In good times and bad in business, can you rest assured? Peace of mind comes through knowledge and effort. There is no peace for the unprepared because anytime a problem comes up, they crumble.
Know Where Everything Is
A good way to be prepared is to know what inventory you have in stock and where it can be found. Having a well-organized warehouse with up-to-date inventory quantities helps in many ways:
- It makes it easier to pick, pack, and ship orders.
- It ensures you have the information you need to make proper reordering decisions.
- It reduces the risk of shortages and overstocks.
- It helps you make the most of your warehouse space and reduce carrying costs.
Protect What’s Yours
It’s important to protect what’s yours by performing cycle counts on a regular basis to make sure your inventory records are accurate and by analyzing work processes to make sure they’re as efficient as possible. Hard times are going to come sooner or later. You must prepare now by setting up automatic reorder points, studying vendor performance, and training your warehouse workers so they know how to use barcode scanners and inventory software.
Fishbowl is the #1 manufacturing and warehouse management solution for QuickBooks. Sign up for a free trial of Fishbowl to see for yourself how it can help you thrive in good times and bad. No matter what storm you have to pass through, you can have the confidence that you’ll be just fine because you’ve already made all the right choices leading up to it.
Fishbowl is the right choice. With it, you can rest easy.