Congratulations to these SERVE Award Recipients! July to September 2023 S erve A3 COMMUNICATIONS • Brittany Knowles | Inside Sales Manager | Irmo, SC SERVE AWARD RECIPIENTS
The Importance of Early Inventory Preparations Don’t Wait Until the Eleventh Hour
In our fast-paced world of commercial service and distribution, ensuring the accuracy of our inventory is crucial. At the end of each year, we embark on a full physical inventory count to guarantee that our records match the real-world items on our shelves. The process can be intensive, but its significance cannot be overstated. Waiting until the last minute to prepare for inventory counts might seem tempting, but January 2nd will be here before we know it! A precise count helps us identify surplus stock, reduce carrying costs and prevent shortages. It allows us to fulfill customer orders efficiently and keeps us competitive in the market. Identifying errors in November and December prevents issues on count day. Accurate inventory counts aren’t the sole responsibility of a select few. It’s a team effort, and every member of our organization plays a role. From sales and procurement to warehouse and logistics, we can all help to prepare. If you are part of the team at your branch that performs the Monthly Cycle counts and you have seen issues during your counts, be sure to bring those up to management as soon as possible. The same goes for the regularly scheduled WIP Counts. If you are in a Sales or Project Management role, make sure that you go through your bins to ship as much material as you can before inventory. If it is out of the building, you don’t have to count it in January! We encourage open communication and information sharing between departments to ensure everyone is on the same page. For questions regarding
Stock Inventory and WIP Counts, please contact Operations@cookandboardman.com. How Can You Help? Here are a few ways you can contribute to the success of our inventory count: 1. **Maintain Order: ** Keep warehouse and sales bin areas organized throughout the year. Well- organized shelves and clear labeling make the counting process smoother. 2. **Accurate Documentation: ** Maintain accurate records of sales, returns, and adjustments throughout the year. If you have bad WIP entries, clean them up as soon as possible. 3. **Communication: ** If you notice any discrepancies or irregularities in inventory, report them promptly. Timely communication is key; it takes time for things to be cleaned up and processed. 4. **Training: ** Stay informed about inventory procedures and best practices. Emails will be going out to managers by the end of November, and those will be shared with the teams at the branch level. Remember, our inventory is a shared responsibility, and your active participation is crucial to achieving an accurate and efficient count. Don’t wait until the last minute – let’s work together to ensure a successful physical inventory and a solid start for 2024!
our associates, customers & communities. ducate & Elevate E
espect R respect for ALL. ision V xpertise E
ADVANTECH • Chase Thompson | Purchasing Manager | Dover, DE • Nicole Covarrubias | Project Coordinator | Dover, DE
our associates through training & development programs.
to become the supplier & employer of choice in the industry.
COOK & BOARDMAN • Clay Gilbert | Welder | La Vergne, TN
to ensure we are the expert, most skilled and most knowledgeable, in our industry.
• Jennifer Bishop | ERP Systems Administrator | Corporate • Mark Van Hoever | End User Sales Rep | Winston-Salem, NC
Stephanie Colby Corporate Operations Manager
“This branch is more like a family than a group of colleagues... and It shows in the way we conduct business. As a whole, we are able to lean on each other’s strengths, motivate each other, and maintain a fun and enjoyable atmosphere. I am very proud to be associated with such a talented group of industry professionals. This award is a testament to the hard work and dedication of the entire team. It requires all of us working together towards a common goal. ” Keith Crawley, Branch Manager Branch of the Quarter for Q3 Branch of the Quarter
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Simpsonville, SC
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