27 Oct Warehouse Management In 2022
Changes in warehouse management are tenacious, and in today’s eCommerce-driven society, this change is accelerating faster than ever. With warehouse moves, management shifts, upscaling, downsizing, reconfigurations, and consolidations, warehouse management is quickly progressing. With demands like these, environments need to be flexible and intellectual, adapting and staying ahead of these new requirements and conditions
What is Warehouse Management?
Warehouse Management involves having systems in place to help businesses monitor, optimize, and scale their warehouse or distribution center’s day-to-day functions. These systems provide real-time visibility into inventory status and functionality and optimization of current operations.
What is a Warehouse Management System?
A warehouse management system is a software application that automates inventory management tasks and warehouse processes. These systems improve performance and
workload balance and keep up with consumer demand. The advantage of having a warehouse management system is reducing human errors along the supply chain. Automating this management system increases order fulfillment and scalability and gives your operation a competitive advantage.
According to a recent study, companies that switch to an automated warehouse management system see a 25% gain in productivity, a 10-20% improvement in space utilization, and a 15-30% reduction in safety stock.
So, if you’re a manager assigned to keeping pace with all this change, you may have access to an underutilized tool that can help you better position for a change and, even better, predict it.
Consider a Few Questions:
- Has the layout of your warehouse changed?
- Are you experiencing workforce turnover or management changes with new or different expectations?
- Has your warehouse capacity expanded or changed?
- Have you recently purchased new equipment or developed new workflows?
Many warehouses are already utilizing forklift telematics systems that are constantly capturing operational data. This data already reveals the effectiveness and efficiency of your operation. The challenge is figuring out which pieces of data are significant for your specific predicament and how to read them.
When figuring out how to prioritize and interpret your data and implement changes, you can better position yourself and others by working with your telematics supplier. Lift Power is equipped with the knowledge and tools to support your warehouse management with software like Crown’s InfoLink® Operator and Fleet Management system and more! A supplier like Lift Power works with a broad range of customers, applications, and environments and can leverage that experience to apply best practices to any situation.
Lift Power Capabilities:
- Performance Review – Our experts review your current InfoLink usage, identify opportunities, and recommend adjustments and next steps for improvement.
- Performance Coaching – Our experts leave you with best practices with custom step-by-step instructions for your specific needs.
- Performance Plan – Continuous coaching and checkups in focus areas that ensure progress is made and adjustments are applied as your operation evolves.
Warehouse management systems go beyond improving your day-to-day warehouse operations; it’s vital to staying competitive in this rapidly evolving marketplace. If you’re constantly chasing productivity and safety goals, consider how you can use your operational data to identify efficiencies and improvements that will help you get ahead of challenges. Gain more insight into your operation, better understand what resources are needed, and how to react to those changes.
If you’re interested in learning more about our Warehouse Management systems like Crown’s InfoLink, contact our warehouse management specialists.
