Inventory Maintenance

Daily

“Go Backs” & Returns Are Returned To The Floor.

· Defective and damaged items are destroyed and discarded

Non-AR Accounts

· Donations, store use, damage, and pilferage processed through the register to the correct amounts

Store Recovery

· Items returned to the correct location

· Merchandise fronted and faced

Back stock & Top stock Filled

· Items filled from the back stock areas and top stock shelves

· Back stock boxes should be labeled with SKU and location

Sign, Bin Tag, Price Discrepancy, Location Maintenance

· Correct signs and bin tags on the floor

· Correct prices on signs and bin tags – sale signs active

· Correct location codes for items – if an item is moved, the location code must be changed and a new bin tag must be printed

· Discontinued and “Z” flagged item bin tag maintenance

Update Any Received Transfers

· Properly update any transfers received at the store to update counts

PIP/RPI

· Correctly update physical counts

Reminders

· Cashiers must scan each item

· Refunds and defects are keyed properly – including reverse transactions

· Cashier chooses the correct return option:

o Return – quantity on hand (QOH) increases by amount being returned and refund is given to the customer

o Defective Return – item is marked as a return , refund given to customer and QOH does not add amount being returned to QOH

o Exchange For Defective – item is marked as a return, no refund is given to the customer and QOH is decreased by the amount being exchanged.

Freight Stocked & Received In MPO/RRP

· Freight is completely stocked within scheduled timeframe and RRP is completed properly

Purchase Order Inquiry

· Check POI for outstanding invoices

Zero Counts

· Manually

· RF unit

Cycle Counts

· Used to correct on-hand counts for each SKU in a specific location

Negative Counts (RIS)

· Negative on-hand qualities corrected

Hotsheets

· Bin tags printed and check price changes

Keep Paperwork

· Keep four weeks of all maintenance paperwork for review by Ops.

RSO (ACE)

· Bulk item checklist

Electronic Receiving Report (ACE)

· Discontinued SKU’s, new items and alternate purchase order numbers

Physical Counts Of High Theft Items