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Inventory Management Process Flowchart

How to draw an inventory management flowchart and present

the process visually? This article helps you learn inventory

management process with visual flowcharts.

What is Inventory Management Process?

The term Inventory Management refers to the process of supervising and

controlling of the stock items for a company. The inventory management ensures

that the company always has the needed materials and products on hand while

keeping the cost as low as possible. Effective inventory management is at the

core of supply chain management excellence. Warehouse needs to supervise the

storage of:

 1. Raw materials or components that a company will use in the production of the

items.

 2. Quantities of finished products for sale.


Inventory Management Process Flowchart

The inventory management process flowchart below clearly shows how inventory

items flow across individual departments. We choose a cross-functional

flowchart to present the process because by showing each process step to a

functional unit, you have a more comprehensive and complete view of how the

process interacts with relative departments.


How to Create Inventory Management Process
Flowchart
1. First you need to identify the inventory management workflow.

Get yourself clear on each specific process by asking workmates and people who

are in charged. It's better to clarify who is responsible for which step and what

documents need to prepare when you need to stock in or get products out.

2. Start drawing with a professional flowcharting program.

An effective flowchart software should get everything ready. It should include the

complete set of flowchart symbols, easy-to-use drawing tools and good-looking

themes. Edraw max is a commendatory flowcharting software who has all these
features. Try it now to create efficient inventory management flowchart right

now. You can use ready-made flowchart examples to start.

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