Birgðavöktun

Birgðavöktun refers to the process of monitoring and managing inventory levels. In Icelandic, "birgðir" means inventory or stock, and "vöktun" means monitoring or surveillance. Therefore, birgðavöktun is the act of keeping a close watch on what is available in stock, how much of it there is, and where it is located.

The primary goal of birgðavöktun is to ensure that a sufficient supply of goods is available to meet customer demand without incurring excessive holding costs. This involves tracking incoming shipments, outgoing sales, and internal transfers. Effective birgðavöktun helps businesses avoid stockouts, which can lead to lost sales and customer dissatisfaction, as well as overstocking, which ties up capital and increases storage expenses.

Various methods and technologies are employed for birgðavöktun, ranging from simple manual counting to sophisticated inventory management software and automated systems like barcode scanners and RFID tags. These tools provide real-time data on inventory levels, enabling better forecasting, replenishment planning, and overall operational efficiency. The success of birgðavöktun is crucial for the profitability and smooth functioning of businesses, particularly those in retail, manufacturing, and logistics.