Running a warehouse is much more complex than it was in the past. Supply chain bottlenecks combined with increased online sales. This is coupled with a growing expectation of fast shipping and delivery. It has put a ton of pressure on warehouses to perform. Many companies, regardless of their size or experience, have problems when …
In the wake of COVID-19, warehouses look to implement scalable processes to manage unpredictable demand. Emerging technologies are focused on refining the warehouse operations with QR codes especially in managing the inventories. Inventory management in manufacturing industries has become more complicated. Earlier, organizations tracked their inventory through manual entry. This method worked well when there …
Inventory management is an integral part of the supply chain that influences customer loyalty and brand experience. Timely inventory availability and efficient inventory management are mission-critical in today’s fast fulfilment environment where the customer is spoilt for choice. An effective inventory replenishment strategies assists organizations in determining when a product requires restocking (before it runs …
In the FMCG industry, the competition is fierce. As a result of consumers’ high expectations, the focus remains on delivering products efficiently to the market. The availability of products at relevant channels and the best FMCG warehouse practices have become important competitive differentiators. Also, the FMCG industry has a minimal margin for error due to …
It’s very common for companies to run out of warehouse space and it gets frustrating, the racks and the bins get blocked. Also, you can’t figure out where to put things and this scenario really hampers productivity. You can’t let this continue and contemplate the following options:- 1. Go vertical Increasing the roof or adding …