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Inventory Management Process Flowchart

> Flowchart Knowledge > Inventory Management Process Flowchart
Posted by Allison Lynch | 11/01/2019
How to draw an inventory management flowchart and present the process visually? This article helps you learn inventory management process with visual flowcharts.

What is Inventory Management Process?

The term Inventory Management refers to the process of supervising and controlling the stock items for a company. The inventory management ensures that the company always has the needed materials and products on hand while keeping the cost as low as possible. Effective inventory management is at the core of supply chain management excellence. Warehouse needs to supervise the storage of:

  • 1. Raw materials or components that a company will use in the production of the items.
  • 2. Quantities of finished products for sale.

Inventory Chart

Inventory Management Process Flowchart

The inventory management process flowchart below clearly shows how inventory items flow across individual departments. We choose a cross-functional flowchart to present the process because by showing each process step to a functional unit, you have a more comprehensive and complete view of how the process interacts with relative departments.

Inventory Management Flowchart

How to Create Inventory Management Process Flowchart

1. First, you need to identify the inventory management workflow.

Get yourself clear on each specific process by asking workmates and people who are in charge. It's better to clarify who is responsible for which step and what documents need to prepare when you need to stock in or get products out.

Inventory Management Workflow

2. Start drawing with a professional flowcharting program.

An effective flowchart software should get everything ready. It should include the complete set of flowchart symbols, easy-to-use drawing tools and good-looking themes. Edraw Max is a commendatory flowcharting software who has all these features. Try it now to create an efficient inventory management flowchart right now. You can use ready-made flowchart examples to start.

Why Edraw Flowchart

Beginners better read this article before starting: How to Start a Flowchart. Any problem you can reach support@edrawsoft.com.

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