- FIFO: This method is simple—use the oldest stock first.
- Batch Tracking: Ideal for industries like food production, this method lets you track products by batch numbers. If there’s a recall, you can quickly find out which projects used the affected stock.
- Serial Tracking: This is the most detailed method, where each product has a unique serial number. It allows you to track every item from purchase to project use but requires more administrative effort.
Chris Dynon, the workshop manager, highlighted major improvements in stock management and order processing, which made the workshop run more efficiently and boosted customer satisfaction by speeding up service delivery.
