What is stock transfer in logistics?
Stock transfer describes a logistical process that occurs primarily in the warehouse. Individual storage units are assigned to a more suitable storage location and transported there.
Such processes can occur in any warehouse and in any industry. For example, relocations are taking place in trade, retail, industry and manufacturing.
How does a transfer work?
Stock transfer consists of several sections:
- First, a load unit or goods are identified for stock transfer.
- This load unit or product is then removed from the warehouse stock as if it were being shipped.
- The load unit or goods are then assigned a new, more suitable storage bin. This can be decided on the basis of the ABC analysis or other aspects.
- The load unit or goods are now transported from the old storage bin to the new one and booked into the warehouse management system.
The aim of stock transfers is to achieve the highest possible throughput. However, the specified guidelines for the storage of goods must always be observed.
