New Process Makes Identifying Obsolete SKU’s Simple
An existing client with over 1000’s SKU’s was having a difficult time managing their OLD/INACTIVE SKU’s. They were having a hard time differentiating these SKU’s from active and were looking for a more streamlined approach & deepen visibility. They also wanted an automated solution to clean these SKU’s out as part of their quarterly stock destruction process
- Pharmilink recommended a new process and set-up for “OBSOLETE” or “NLA” SKU’s that involved the following: OBSOLETE SKU form that indicates the SKU, date, requestor, current division and category (prior to OBSOLETE/NLA), quantity in inventory, reason for Obsolete, approved method of stock destruct
- Following receipt of the OBSOLETE SKU form, the Pharmilink team systematically moves the SKU to the “Obsolete division” and follows through with any stock destruction instruction clearing out the inventory.
- On the clients end they now have a clear and segregated view of their Obsolete SKU’s and can track the action historically.
- Decisions for future stock destructs can also be handled much more efficiently utilizing the “Obsolete division”. Any returns allocated back to a quarantined/obsolete SKU can quickly get included in future stock destructs based on a client based SOP. This can be pulled in automatically to any Stock Destruct order, not having to pay storage for these OBSOLETE SKU’s.