What is receiving in business?
'Goods receiving' is the function of checking items delivered to the business, either coming in as new stock or as supplies. This includes inspecting the quality, condition, and quantity of any incoming goods, and allocating them to a space in the warehouse.
What is receiving in a company?
The receiving procedure refers to a standardized set of steps and practices that businesses use when taking delivery of goods or materials. It's designed to ensure accuracy, efficiency, and security in the receipt, verification, documentation, and storage of goods.
What is receiving in inventory?
Receiving inventory is the act of inspecting, verifying and accepting a shipment into inventory within a warehouse or operation. In a transparent supply chain, every link has access to relevant information on the origins and status of products, including when inventory will arrive.
What is the meaning of receiving in warehouse?
Warehouse receiving is the process of replenishing stocked inventory in the warehouse. It is the first step in the process of delivering an order to a customer. The process includes delivering, unloading and storing ecommerce inventory in a warehouse or fulfilment centre.