Perpetual Verification Inventory - Case Study
A Multi-Hospital Health System experienced a software integrity problem, which made it necessary to validate a regional warehouse’s perpetual inventory. A method for conducting the inventory and fixing incorrect inventory values with a minimum of prep time and with no down time was needed.
THE CHALLENGE
Conduct an inventory and product validation within a compressed time frame with the goal of having the warehouse perpetual inventory updated prior to resuming distribution to its customers.
THE APPROACH
Within 48 hours of the initial software failure HISI had assembled a short notice audit team and commenced the inventory which would ultimately restore accurate data to the system’s perpetual inventory. Utilizing inventory information obtained from the most recent validated system backup, HISI conducted an inventory where it verified location, product information, and conducted a double blind count. All count information was applied to the perpetual inventory creating variances. All product changes and count discrepancies were verified by HISI and warehouse personnel.
Final inventory data was uploaded to the perpetual inventory system allowing for a smooth update of the WMS.
THE RESULT
Within 72 hours of the initial system failure HISI had conducted and validated the perpetual inventory allowing for a resumption of business as usual to a high volume facility with a minimum of disruption to normal operations.
|
