Supply Chain can make or break your growth.
For achieving a good efficiency in your Supply Chain, one of the key components is an Optimized Warehousing Strategy. To maintain efficient warehouse(s) and streamline the order fulfillment process, quite a few challenges are faced.
Key Warehousing Challenges :
1. Time Consuming Customer Dispatches
Pickers are unaware of the exact bins where the items are stored.
2. Stockout – leading to Loss of Sales
This challenge is faced mainly due these reasons:
- Not Maintaining Optimum Safety Stock Levels
- Fluctuating Demand
- Inconsistent Demand Planning
- Unplanned Purchasing
3. FIFO / FEFO system is not followed
Arbitrary Items are picked from nearby bins or items stored in front.
4. Unorganized Warehouse Space
This has a Direct Impact on Customer Deliveries and is one of the key factors for a low ROI.
Warehouse Managers find it painful to allocate and manage space as no proper system is laid down.
5. Wrong Product Delivery
Either due to similar packing / specifications or due to lack of product knowledge, wrong product gets dispatched
6. Inventory Status uncertain
Stock Uncertainty is a major source of chaos and time wastage.
It leads to miscommunication, loss of sales, untimely dispatch, loss of customer confidence
7. Dead Stock
No timely action is taken on slow-moving items, and there is uncertainty of inventory status. This leads to Dead Stock.
8. Manual or Unplanned Bin Allocation
The root cause of confusion during deliveries is the manual or unplanned allocation of space / bins at the time of Inward, Put-away, Inventory Move, Quality Checks, and during Customer Returns.
The main focus of ManagingSupply.com is to address these key challenges to help the customers get the best possible ROI on both time and money.
A two-fold approach is adopted for the same:
A. Warehouse Consulting
coupled with a
B. WMS on Monthly-Subscription basis
… SaaS based Warehouse Management System – WMS software,
The aim is to reduce Revenue Loss, Delivery Delays, Unhappy Customers and Sleepless Nights, making “Supply Chain Simplified”.
SUPPLY CHAIN SIMPLIFIED
You can connect with the team at ManagingSupply.com and share your Supply Chain / Warehousing Challenges.
OR you can Register Here to avail the Free Warehouse Consultancy Offer – Limited to 1st 19 Registrations