1 min read

Technology-based Warehouse Tips

Table of Contents

Technological Change on the Mechanism of Metal Gears..jpeg

Forbes magazine states that implementing technology is the leading way to improve warehouse performance. That is, warehouses that update their processes to support the technology and employ associated training programs will enjoy better ROI and performance. Here are three ways that technology can be used to improve warehouse operations.

Leverage Software

Warehouse management systems (WMS) help with inventory forecasting and product demand planning. They can also be used to generate statistical reports for inventory management, which may help with reducing costs and streamlining processes. Warehouse and supply chain managers need reliable data to continuously improve forecasting metrics and inventory accuracy.  Product level, supply demand and production speed data may be used to increase overall performance and optimize workflows. From a manufacturing and raw resource perspective, warehouse managers who gather and analyze data may help with production planning.  When a WMS is combined with barcodes or RFID tags, warehouse efficiency, worker productivity and inventory management accuracy will increase.

Financial Focus

ERP and WMS software helps management to understand the big picture in order to integrate operations and provide strategic support. These programs can automatically analyze and interpret data used for insightful analysis and actionable recommendations. From an operations view, warehouse managers who focus on finances will better track losses, minimize expenditures, lower overhead rates, increase capacity planning and improve internal processes. Routine and ad hoc reports may help with developing financial models, variance analysis and gap closing measures. Reviews of financial data and accounting activities will help with budget planning, risk forecasting and staff scheduling.

Pick-to-Light vs. Put-to-Light Systems

Pick-to-Light systems utilize designated light displays to specify volume, clarify which products to pick and direct staff to the right location. These flexible systems offer the ability to plan, control and analyze picked orders. Pick-to-Light systems my reduce errors, increase accountability and improve picking productivity. On the other hand, a Put-to-Light system is ideal for retail warehouses with bulk orders.  This includes food, apparel, grocery, sporting, personal care and general merchandise products. This technology lowers cost operations, requires less floor space and works best with high-speed order sorting. Either way, similar technology will offer the business intelligence needed to maintain diverse and transparent workflows.

Warehouse efficiency can also be improved through automation tools, strategic stock placements and preventative maintenance (PM) programs.  Broken equipment and machines will cause downtime problems that result in lost revenue and dissatisfied customers. A comprehensive PM program should include regular inspections and preemptive part replacements based on the product’s life cycle.

Applying Athletic Smart Vest Technology to Logistics

Applying Athletic Smart Vest Technology to Logistics

Smart vests are being designed to monitor and personalize the training of elite athletes. What if the same technology could be applied to warehouse...

Read More
IoT May Change How We Choose Beer & Food In The Future

IoT May Change How We Choose Beer & Food In The Future

Yes, it's true. The Internet of Things may change the way that we purchase a brew in the very near future.

Read More
Smart Stores Stretch the Supply Chain To New Heights: Improving With the Right Technologies

Smart Stores Stretch the Supply Chain To New Heights: Improving With the Right Technologies

No doubt you've heard plenty about smart devices, but you probably haven't heard a lot about smart stores and how they're changing the way supply...

Read More