Ready to Close the Gaps in Your Warehouse Management Strategy?
Ready to Close the Gaps in Your Warehouse Management Strategy?
Ready to Close the Gaps in Your Warehouse Management Strategy?
25 Mar 2021
Ken WeygandWhen things in your warehouse fall through the gaps, nobody wins. Not your business, not your employees and certainly not your customers and consumers.
So what can you do? Well, for starters: mind the gaps. Recognize where you may be falling short, where you may struggle, and make adjustments accordingly. And secondly, and perhaps most importantly, implement processes to mitigate the gaps, to position yourself so that your inventory struggles are a thing of the past.
And when an error does occur, because, let's face it, an error will occur—nobody is perfect. But when it does, you can quickly correct it with minimal losses. It all starts with an industry-specific enterprise resource planning (ERP) solution. Specifically, one that has inventory management functionality.
When you have an enterprise solution made specifically to support warehouse management, your business will be all the better for it. You'll have the power to change your warehouse from a cost driver into a strategic competitive advantage.
A distribution ERP with warehouse management tools enables:
Improved space utilization Make the most of what you have. Utilize the space in your warehouse in a way that promotes efficiency. Flexible bin, zone and location management for single or multiple warehouses ensure scarce space is most efficiently utilized. You can also track and manage workflow and inventory more effectively with space allocation for various aspects of the distribution process, like pending shipments and return receipts.
Enhanced inventory management In the warehouse, it all comes down to inventory. Whether you have enough of it, are running low, where it's stored, and how to get it out the door effectively. Lot and serial tracking enable you to manage and validate returns and meet customer-specific reorder needs quickly and efficiently. You can minimize inventory discrepancies with flexible inventory counting options and improve shipment tracking and management with integrated bills of lading (BOL) and small parcel carrier shipment processing.
Productivity and efficiency gains Leverage flexible picking options—like speed bins, cross docking and wave picking—to streamline the picking process and drive improvements in labor productivity and delivery efficiencies. All within your distribution ERP. You can utilize advanced cartonization tools to pre-allocate cartons during pick ticket creation for improved efficiencies and simultaneously reduce shipping costs. Also, don't hesitate to implement various warehouse technologies, like wireless hand-held devices, to automate data collection, reduce warehouse errors and capitalize on improved picking and labor efficiencies.
Flexibility to meet customer demands You can maximize your revenue potential by meeting customer demands. This means having the products and inventory that the customers want and getting it to them at the exact time they want it. You can do this with customer-specific UCC 128 labeling, flexible units of measure, branded packing slips and multiple UPCs per SKU. With an ERP with inventory management functionality, you're able to meet mass merchant compliance requirements more efficiently. Get ahead of emerging customer requirements for delivery efficiency gains by enabling your warehouses with dynamic routing. An integrated ERP is built to include all the tools you need to manage your inventory—as it comes to the warehouse, while it's in it, and when it's out the door and on the way to the customer—successfully.
Accurate and actionable historical data An ERP is a fantastic tool. High on the list of useful functionality is that an ERP is a centralized hub for all your data. It tracks product and retains all that data. And best of all, you can use that stored historical data to find trends and patterns in your inventory. No longer do you have to guess what a customer may want, weed through papers to find their order from the year prior. An industry-specific distribution ERP does all this for you. And knowing your sales history from month-to-month or year-to-year ensures you keep on track with your targets and helps you stay on track when meeting your customers' inventory demands. Because you can anticipate what a customer will order based on their history, you can ensure you have the right inventory to fill the order. Turning customers away, lacking inventory and running late on orders is a thing of the past.
Our distribution ERP was made to close the gaps in your warehouse. To promote efficiency and productivity when it comes to your inventory management strategy. We're here to help you do that.
Ready to take that next step to create smooth, efficient processes? Find out how, now.
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