A poor storage strategy can have a massive impact on the supply chain. This is why you should never ignore warehousing efficiency and workflow optimization. Luckily for warehouse managers, there are several tried-and-tested tips you can incorporate in warehouse building and management phases to ensure efficiency and maximum returns. Here are a few of them:
1 Optimize storage
One of the easiest ways to enhance warehouse efficiency is to minimize storage space waste. Every square meter should be put to good use, and movement inside the warehouse shouldn’t be restricted.
You can achieve this by keeping in mind the kind of goods that will be stored in the warehouse before construction. Once the structure is in place, consider installing shelves and mezzanine floors to make use of vertical space as well as pallet racking to facilitate easy and safe pallet stacking. Check out this link for more info on pallet racking and how it can contribute to warehouse space optimization.
2 Find a good location
Your ability to attract business is largely affected by the location of your warehouse. Clients will prefer a warehouse that is easily accessible and, if possible, close to their businesses. If you target a predetermined set of clients, it would be best to set up your premises near theirs to make your warehouse hard to overlook.
3 Use of proper software
Inventory level management and organization of incoming goods are some of the most impactful factors when it comes to warehousing efficiency. Most warehouse management systems have been built with these factors in mind. These systems help the management keep track of inventory movement and know when it is time to restock.
It is always advisable to have a good understanding of your warehouse’s requirements before choosing software. Systems with more features are more expedient, but they may offer a lower value for money if most of those features will not be used. Whatever you choose should fit right into your daily warehousing activities and processes.
4 Consider automation
Automation is one easy way to attain fluidity in warehousing processes and cut back on labor costs. Contrary to popular opinion, automation is not only viable in warehouses that store specific products; it can be used for mixed products too.
Vital rudiments of automation include forecasting, where seasons are anticipated, and adjustments are done with past demand and supply experiences in mind. For example, the festive period of the year is bound to affect warehouse activity in one way or another. Your warehouse management system would then be set to adjust accordingly to the changes when the season comes.
5 Staff training
As the saying goes, a workman is only as good as his tools. However, if the workman can’t make the most of what’s in front of them, they won’t produce to their full potential. Employee training helps you increase efficiency and maximize your investment’s ROI.
These are some of the tips to keep in mind when creating an efficiency maximization strategy for your warehouse. Note that most of them are practical for both existing and new warehouses.