One of the largest items on your balance sheet is labor cost. To successfully reduce the cost of operating your business, you must balance between resourcing and cost controls. Unfortunately, not all company managers consider warehouse management and distribution centers as an asset. But warehousing is vital for most types of business so their goods will be received and fulfilled.
Warehouse Management to Optimize Storage Space
There’s a myriad of storage options available. The initial investment needed can be rather high. However, warehousing can help you save square footage. It’s a powerful factor that can help you take on more inventory. When looking for a storage system, make sure to invest in a system that leverages vertical space. You should also be upfront about your design and budget. In that way, the warehouse provider will have a better understanding of your goals and you can maximize the given space.
Invest in Automated Picking Technology
If your business has a large stock of inventory, you might need an automated picking technology. It supports the overall work of your picking associates. This is a powerful system that can reduce human error. It increases productivity, thereby, getting extra cash in the long run.
Prevent Theft
Theft is a growing issue. It always leads to inventory shrinkage. Preventing it can be a challenge. Your staff members might be tempted to steal some of the goods as they move through the system. It’s tricky to find out if the missing stock is the result of theft or misplaced inventory. With a proper warehouse management system, you can perform regular stock monitoring and keep accurate inventory data.
Maximize Picking Process
The picking process isn’t just about speed but it’s also about accuracy. When you have a warehouse management system in place, you can prioritize urgent and VIP orders first. You won’t have to mix your SKUs. You can also arrange the items in clusters while avoiding vertical picking. Furthermore, you can keep the fastest stock horizontally while keeping the slower stock vertically. The right system can help you gather important trends and insights in your warehouse. With these benefits, you can streamline the processes while decreasing costs. A robust warehouse management system can do the heavy lifting for you with little effort while you increase your business’s overall efficiency.
Streamline the Process with Trailer Spotting
You can add trailer spotting to your warehouse management system. A Trailer spot enables you to have a carrier that enters the yard, drops off the trailer, and picks up the load immediately. This will make sure that there’s an empty trailer available every time you need to move items right away. It can lower the number of shipment backlogs and trucker downtime. With it, there’s a trailer on standby ready to go each time a driver drops off one trailer. It ensures efficient warehouse management. Do you need warehouse management and trailer spotting? Get your customized solutions by calling us here: (888) 496-1102.
