- What are the specific goals for the inventory/warehouse managementarea?
- Are these goals tracked by KPIs?
- Have key inventory management risks been identified?
- If yes, what actions been developed for the identified risks?
Systems and Processes
- Do you have an inventory management system?
- How many assets (catalogue items) are you managing?
- Is inventory stored in separate sources? If so, please list them.
- Is Excel one of the inventory sources?
- Are there any documented processes for inventory management?
- Is there a RACI matrix defining roles and responsibilities withinthe inventory management process?
- Are there any data standards?
- Is there a cycle count schedule?
- Are there acceptance criteria for cycle counts?
- Who is the person responsible for cycle counts?