The smallest mistakes in your warehouse management plan can cost you more heavily than you can imagine. If we had to point the single biggest mistake that you can make in managing the warehousing and logistics of your company, it would have to be not hiring a professional to guide you on the latest developments in logistics. Relying on guesswork or on past experiences will not suffice, especially considering the dynamic advancements being made in warehouse management technologies.
A major faux pas committed by small businesses is overlooking the need to effectively streamline the inventory, and identify fast-moving products from slow-moving ones. If your inventory is overstuffed with products that have been lying for a long time, and are not expected to move anytime soon, you are losing on valuable space and need to take action immediately. Using upgraded technology to identify the goods that are taking up space can help you to boost the efficiency of your inventory up to 99%.
If you are still among those companies that are relying on paper records to document various stages of the warehouse management process, it’s high time you made a switch to digital data. Replacing humans with machines will not just help you to cut down on labor costs and work force management, but will also boost the efficiency of your warehouse by several notches. You can track processes as they take place in real time, and can instantly tally data to identify any loopholes in your strategy.
Considering that transport and material handling figure among the top costs of the complete warehouse management system, you need to make an effort to cut down on these costs. The easiest way to do this is to ensure that the central warehouse and distribution center is as close to your main stores as possible. For this, it is important for the warehouse distribution center to have multiple locations, which shall translate into shorter shipping distances, and hence lower transportation costs.
Finally, not having sufficient inventory space can be detrimental to the growth of your business. This can happen due to the storage space being taken up by seasonal items, or due to the need for sudden expansion. In any case, a warehouse management company that is equipped with sufficient space resources to meet your needs will be an asset to your company. Even if you do not plan to expand any time in the future, this is a factor that you should consider right from the word- go.
For more tips contact McLane Logistics Technology. It is renowned to provide customized Warehouse Management Software solutions to various large as well as medium business firms. For more details visit them at 4001 Central Pointe Parkway, Temple, TX 76504 or call at 1-800-989-7568.
A major faux pas committed by small businesses is overlooking the need to effectively streamline the inventory, and identify fast-moving products from slow-moving ones. If your inventory is overstuffed with products that have been lying for a long time, and are not expected to move anytime soon, you are losing on valuable space and need to take action immediately. Using upgraded technology to identify the goods that are taking up space can help you to boost the efficiency of your inventory up to 99%.
If you are still among those companies that are relying on paper records to document various stages of the warehouse management process, it’s high time you made a switch to digital data. Replacing humans with machines will not just help you to cut down on labor costs and work force management, but will also boost the efficiency of your warehouse by several notches. You can track processes as they take place in real time, and can instantly tally data to identify any loopholes in your strategy.
Considering that transport and material handling figure among the top costs of the complete warehouse management system, you need to make an effort to cut down on these costs. The easiest way to do this is to ensure that the central warehouse and distribution center is as close to your main stores as possible. For this, it is important for the warehouse distribution center to have multiple locations, which shall translate into shorter shipping distances, and hence lower transportation costs.
Finally, not having sufficient inventory space can be detrimental to the growth of your business. This can happen due to the storage space being taken up by seasonal items, or due to the need for sudden expansion. In any case, a warehouse management company that is equipped with sufficient space resources to meet your needs will be an asset to your company. Even if you do not plan to expand any time in the future, this is a factor that you should consider right from the word- go.
For more tips contact McLane Logistics Technology. It is renowned to provide customized Warehouse Management Software solutions to various large as well as medium business firms. For more details visit them at 4001 Central Pointe Parkway, Temple, TX 76504 or call at 1-800-989-7568.
