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Product Restocking Checklist
Inventory Assessment
Review sales data to predict inventory needs
Conduct a physical inventory count
Compare on-hand inventory to the ideal inventory levels
Ordering Process
Identify products and quantities that need restocking
Place orders with suppliers considering lead times
Confirm order details and delivery dates
Receiving and Processing
Inspect deliveries for accuracy and quality upon arrival
Record received inventory in the management system
Label and organize new stock for easy access
Shelving and Merchandising
Restock shelves according to planograms or layout plans
Rotate stock to ensure older products are sold first
Update pricing and promotional displays as necessary
Monitoring and Maintenance
Regularly check inventory levels on the sales floor
Address any discrepancies between physical and system inventory
Review and adjust restocking procedures for efficiency