Raw Material inventory involves the physical verification of unprocessed materials that a company holds in stock for use in its production processes. These raw materials serve as the essential building blocks for manufacturing finished products and must be carefully tracked to ensure that production runs smoothly without interruptions. Accurate inventory counts help companies maintain optimal stock levels, avoid production delays, and reduce the risk of overstocking or material shortages.
Common examples of raw materials include metals, fabrics, chemicals, and various components that are transformed during manufacturing into finished goods ready for sale. Proper management and regular verification of raw material inventory not only support efficient production scheduling but also contribute to cost control and waste reduction. By maintaining precise records of raw materials, businesses can improve forecasting, enhance supply chain coordination, and ultimately increase overall operational efficiency.
Datascan's full-service warehouse capabilities are second to none. We didn't have to worry about the process at all, Datascan came in prepared with supplemental labor for our count, it was a complete success and we didn't have to worry about not having enough people for our count.
Track and verifies long-term tangible assets such as machinery, vehicles, office furniture, and IT equipment
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Below are answers to our most frequently asked questions. If you don’t see your question below, contact us for more information.
What safety measures should be in place during a warehouse inventory count?
Inventory work in warehouses often occurs in environments with potential hazards, such as elevated platforms, confined areas, or proximity to operating equipment. Because of these conditions, comprehensive safety training and the use of appropriate personal protective equipment (PPE) are vital to maintaining a safe work environment.
What does your raw materials inventory service include?
We provide physical counts of raw materials, reconciliation with inventory systems, lot/batch tracking, condition and expiration checks (if applicable), and reporting on variances and stock levels (if on-hands are provided).
Why is raw material inventory accuracy important?
Accurate tracking ensures reliable production planning, reduced waste and spoilage, compliance with quality and safety standards, cost control and forecasting accuracy.
Can you track lot numbers, expiration dates, or batch codes?
Yes. We specialize in detailed tracking of lot/batch numbers, expiration dates, and other identifiers critical for traceability and compliance.
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