Warehouse

Warehouse

1. a building for storing goods

2. Ordering Order

   • Printed or extraction program
     • where all the information related to the shipment is detailed
       • Example: products, quantity, location, aisle, shelf, etc.

3. Entrance to the warehouse

   • Official Document
     • that certifies the material and real
       • entry of an element into the Warehouse
         • thus constituting the support for legalizing the registrations
           • in the warehouse and make the accounting entries

4. Shrinkage control

   • It is any loss that threatens profit margins considerably
     • since - unlike waste - it has no resale value
       • The shrinkage is due to errors or the illegal extraction of goods and raw materials
         • The Two Big Causes of Losses
           • Theft
             • Businesses suffer losses due to theft by customers
               • the employees themselves and even the suppliers
                 • Monitoring is important the management of an administration system
                   • that automatically detects shortages, as we will see below.
           • Errors
             • The Most Common Mistakes in the Handling of Goods and Merchandise
               • The Accounting Errors That Cause the Most Money and Product Losses
                 • +Poor information capture. +Late capture of the increase in costs, so the selling price is not adjusted and profit margins are lost.
               • +Problems with relocation logistics. +Disposal of products due to non-compliance with quality standards.

5. Warehouse card

   • Document where the outputs and receipts of goods to the warehouse are recorded
     • Keep track of the cost of the product by following the inventory valuation system that the company has selected.

6. Transfer of goods

   • Internal movement activity where certain goods in the warehouse change location.
     • Also part of the control of the receipt and issue of goods, this operation requires an exhaustive record of the movements.
   • Types of transfer
     • The transfer of products between two warehouses of the same entity.
     • Transfer between different levels.
     • Changes of winery.

7. Requisition of materials

   • It is a request made by the warehouseman or warehouse manager
     • to deliver a material requested through a work order for the execution of a task.
       • are automatically generated when you add an inventory-type resource to a work order

8. Merchandise output

   • Warehouse issues are movements of goods that are made to supply customers
     • They can be classified into two main types: outputs of materials for production and outputs of finished products for sale
       • These outputs are recorded in the inventory to keep track of the products
         • materials that have been used and to calculate the cost of products or materials that have been sold

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