The world of supply chain is relentlessly moving forward to more effectively meeting the demands of globalization and the changing markets. Warehouses for that matter play a crucial role in supporting the entire system. In order to stay ahead and exceed the expectations of customers, it is of utmost importance to adopt good warehousing practices. These practices, if done right, can reduce costs, improve customer satisfaction and increase the overall efficiency.
However, achieving a fully operational, efficient and productive warehouse can prove to be quite a challenge. Therefore, to counter such issues, it is advisable to follow the given warehousing practices to achieve productivity and efficiency.
1. Use bin locations to quickly locate products
Using bin locations and labeling can prove to be one of the best solutions for increasing warehousing efficiency, yet is underrated. In order to reduce the cost of labor, reduce mis-ships, enhance faster delivery, and reduce errors, it is advisable to include bin locations and labeling as one of your warehousing practices.
2. Maximize vertical space
Most warehouses have a lot of unused vertical space they could be taking much better advantage of, and doing so can save them a lot of money in the long run by preventing costly moves to other places. So, if you’re running a little low on floor space, start utilizing vertical spaces to increase the efficiency of your warehouse.
3. Implementing the 5S lean strategy
“5S” lean strategy is one of the best ways to ensure proper organization of warehousing activities. The “5S” principle consists of: Sort, Set in order, Shine, Standardize, and Sustain — all techniques that are designed to keep clutter at bay, reduce errors, and improve safety and keep things organized.
4. Cycle Count
To keep your warehouse efficient, you need to have an inventory counting strategy in place. Counting inventory at regular intervals ensures that you have goods ready to meet your customers demand. Inventory cycle counting is a system by which you count inventory on a regular basis. This can be done daily, weekly or any period you determine, as long as it is consistent and you assess your entire stock within a given period.
5. Adopt modern technology
A warehouse management system (WMS) or an ERP system are the best technologies that can be used to enhance warehouse efficiency. The use of such technologies provides automated pick lists that can be sent to mobile devices to help eliminate mistakes and reduce wasted time and paper. Therefore, in order to get your warehouse future ready, adoption of these technologies will help you gain a competitive edge over all other companies.
With ever-increasing demands and needs of the customers, making sound decisions and investments in the warehousing areas will be a key to staying competitive. We hope the inculcation of the above-mentioned warehousing practices help you in making your warehouse more efficient and productive than ever.