Why Warehouse Automation will be a driver for managing inventory in 2019?
Have you ever thought how efficiently your business runs if you have software which helps you to keep an eye on inventory, shipping, returns, demand, your workforce safety and provides real-time data to spot your losses, sounds interesting, right? Warehouse management system helps you to have a positive impact on the business overall and a satisfactory relationship with your customers.
Warehousing services in the world are set to increase at a compound annual rate of about 6% for the next five years & has been attributed to global demand in the health care, manufacturing, and pharmaceutical industry. To keep up with the demand, warehouse managers have been forced to come up with the different offerings that meet the needs of their clients.
There is a lot of value that can be scraped out of just overlaying a piece of advanced technology in an existing facility, and a lot of smart companies are already benefitting from that. You can add more value anytime & the end result is going to be positive, irrespective of what environment you’re operating in or what market challenges you are dealing with.
Warehouse Automation- The driving innovation in the warehouse like never before
Gone are the days of thinking that paper-based processes are enough for you. In today’s warehouse environment, automation includes all of the physical methods which bring inventory right to the order picker, so that his or her movements in the warehouse could be minimized.
Automated storage systems, integrated with core software of the organization are bridging the gap between the physical inventory and its data in the core system. Some of the most popular ones include carousels, automated storage and retrieval systems (AS/RS), vertical lifts, mini-loads, and automated material-carrying vehicles.
To those firms which are still using clipboards, spreadsheets, and obsolete manual electronic readers to track inventory, it’s time to wipe the slate clean and get up to speed with digital inventory that is powered by advanced technologies like smart glasses, robots, and drones.
Here are the top most reasons which show how warehouse automation will be a driver for managing inventory:
Scalable and increasing inventory accuracy
First and foremost, the warehouse management system helps to make inventory task easier, faster and efficient. It allows you to get visibility into an organization’s inventory at any time and location. Avoid out of stock, overstocks and make your business healthy by keeping your inventory data accurate.
The warehouse management system helps to generate optimal inventory levels to meet the demands without underestimating or exceeding it. One can manage their inventory with easy and fast billing; re-order management and self-customization with it.
Customer satisfaction
With the warehouse management system, the process between warehouse and shipping could be shortened. When you have an order for shipment, it can tell you exactly to which location to go to & to get it. It can even force you to scan the location or item and ensure you actually pick the right item so your customer gets exactly what they have ordered, therefore increasing customer satisfaction.
Thus the proper management of transportation and inventory can ensure high delivery performance and consistent customer satisfaction.
Safe Environment
The need for the outsourcing, supply chain security and the interdependence of all firms in the logistics industry have changed the overall role of warehouses today. With WMS system in action, it greatly decreases the amount of physical labor involved with tasks including walking, lifting and carrying heavy loads as well as keeping employees out of the sub-zero temperatures in frozen food warehouses, eliminating the multiple breaks.
Improved productivity
Warehouse management system ensures that your company meets its productivity goals and adds potency, consistency, and quality control by helping you move goods through your warehouse with maximum speed. Automation is often touted as a tool to help lessen the impact of employee churn or even the general labor shortages. Robotic process automation systems serve to enhance the productivity of human workers & are the perfect option to take care of non-value-added work, such as moving products from across the warehouse.
Storage space
The warehouse provides a central location for receiving, storing and distributing products. A business that purchases or builds its own warehouse can now tailor the warehouse according to its demands and will not have a problem with storing or moving inventory. Now the clients are using their mobile phones to find warehouse space and only pay for what they use. The best thing with such an approach is that it permits any firm to adapt to any dynamic variables.
Hence there will be no denying fact that warehousing services play an important role in the storage and exchange of goods and 2019 will be a great year for warehousing for the number of developments that are set to change the operations of warehouses.
