What Is a Bin Card and Who Maintains It?

A bin card is an inventory control document used to track the quantity of an item stored in a specific location, usually referred to as a “bin”. It is usually used in a warehouse or manufacturing facility, and is maintained by the inventory control department. The purpose of the bin card is to keep an accurate record of stock levels so that management can ensure adequate supplies are available for production or sale.

What Information is Contained in a Bin Card?

A bin card typically contains the following information: the item description, the quantity stored in the bin, the item’s current inventory level, the quantity of items added or removed during the current period, the date of the last inventory count, and the name of the person who conducted the last inventory count.

How Is a Bin Card Used?

The bin card is used to keep track of the quantity of items stored in a specific bin. Each bin is assigned a unique number, which is used to identify the bin card. When an item is added to or removed from the bin, the information on the bin card is updated accordingly. This helps keep an accurate record of stock levels, enabling management to have an up-to-date view of inventory levels.

Who Maintains a Bin Card?

The inventory control department is typically responsible for maintaining the bin card. They are responsible for keeping track of stock levels and updating the bin card accordingly. This helps ensure that adequate supplies are on hand to meet production or sales needs.

Conclusion

A bin card is an essential document used in warehouse and manufacturing operations to track the quantity of items stored in a specific bin. The inventory control department is usually responsible for maintaining the bin card, ensuring that accurate and up-to-date information is available for management to make informed decisions.