The implementation of warehouse management systems has gained momentum and all product companies have started investing in their customized solutions to align with industry-specific solutions.
It has been proven that this is one of the controlled areas that can really make an impact in improving an organization's supply chain. You can navigate to www.fastvan.com/industries and learn how supply chain management solutions allow manufacturers and distributors to quickly get to the new levels of performance they seek.
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When it comes to taking the necessary steps to create a more agile and flexible warehouse that can adapt and change with the flow of market conditions, the goal is to minimize the time during which products or inventory remains in your warehouse.
Indicators that need to be monitored to improve storage system and process efficiency are:
Accuracy when first selecting a line
Delivery on time
Reverse order percentage
Take the time to turn orders into sales
Labor costs in the warehouse
The reason you add warehouse labor costs as one of the measurement indicators is that in addition increasing the number of pickers can improve the accuracy of pick-up and return times. The best solution is to examine the entire process first and find areas for improvement.
To create more flexibility in the warehouse, companies must use technology that can bring automation and transparency. Visibility means collectors know the contents of every bin in the warehouse in real-time and can also track inventory attributes such as lot number, size, serial number or date, etc.
This combination helps increase the overall efficiency of the storage system at significantly lower costs in the long run.