In 2025, the business that makes glassware is at a turning point. More and more companies are turning to new technologies to streamline operations, make sure they are following the rules, and drive long-term growth. Internal audit management systems are one type of technology that has become very popular. This piece goes into detail about how these solutions are changing the glassware business and giving companies the tools they need to do well in a market that is becoming more and more competitive.
What are apps that check your inventory?
An inventory audit program's job is to compare the company's recorded inventory with the real stock that is on hand in a planned way. These are the steps in this method:
- You have to count every item in the building by hand to make sure that the records match the numbers.
- Making sure records are correct means checking against financial data and store records to find mistakes.
- Checking the stock's condition and quality to make sure that the value shown in the books matches what it's really worth.
What part does an inventory audit program play in the process of making glasses?
Because the goods are so valuable, accurate monitoring is very important when making glassware. It's important to have an inventory check program for these reasons:
- Punctuality: Regular audits help find and fix mistakes, making sure that the inventory value shown in the company's financial records is correct.
- Making sure things stay the same: Following quality control standards like ISO 9001 is critical. Audits make sure that these rules are being followed so that fines or sanctions are not given.
- Cost Management: Businesses can reduce holding costs and waste by altering their purchasing strategies and monitoring items that are either overstocked or not selling quickly enough.
Get a personalized demo: https://axonator.com/request-for-demo/
What Do You Need to Do to Set Up a Dependable System for Auditing Inventory?
Putting together an inventory audit program has several important steps, such as:
Step 1: Get ready
- Put things where they belong: Clean up the building and stack things that are similar together to make it easier to count them.
- Check for Accuracy: Before the audit, compare inventory counts from different sources to make sure they are correct.
- Set Goals: The audit should have clear goals, such as checking records, finding theft, or improving cost-effectiveness.
Step 2: Finish the audit by counting things in a planned way
- To cut down on mistakes made by people, inventory checks should be done in a planned way using tools like barcode scanners.
- After counting, look for and write down any differences between the data that was logged and the count that was done by hand.
Step 3: Review and Response
- Figure out patterns: By looking for trends in differences, you can figure out if there are systemic issues or ways to make things better.
- Check how well the audit process works by thinking of ways to improve it next time.
- Making changes to inventory rules or making security stronger are some ways you can resolve the problems you've found.
An example from real life: a research project on how to make glassware
It was hard for a medium-sized glassware business to keep track of their inventory, especially when it came to high-value items. Because their pay plan required a 99% customer fill rate, they ended up having too much product and paying more to keep it. The following are the steps they took to start their inventory check program:
- When the company did a full physical inventory count, the first report showed big problems that were caused by goods being damaged, lost, or stolen.
- They used technology by using an inventory management system that showed them how much stock they had in real time and cut down on mistakes by automatically entering data.
- Audit Frequency: Instead of doing audits once a year, they started doing them every few months, which meant that audits had to be part of daily activities to avoid too many problems.
It was found that the audit program cut down on holding costs, improved compliance with industry standards, and cut down on inventory errors by 30%.
What are the pros of having an inventory audit program for a glassware manufacturing company?
- Regular audits that check the accuracy of inventory records make it less likely that financial accounts will be wrong.
- Assists in meeting government requirements, avoiding fines, and maintaining business certifications.
- Operations that run more smoothly: Companies can make their operations run more smoothly by finding and fixing inefficient transportation and storage tasks.
- Lower costs come from being able to predict goods better and losing less to theft, damage, and items that are no longer useful.
In short, inventory management is getting better and better in the business of making glasses in 2025. An inventory audit tool can help you make smart decisions by showing you real-time trends in demand and stock levels, as well as making sure that your reports are correct and obey the rules. In an industry that is constantly changing, glassware makers can stay competitive and efficient by following best practices and using technology to keep track of their stock.