Three Tips for Successfully Managing a Warehouse

The rapidly increasing complexity of customer needs has beensupplemented by the advancements in information technology inrecent years. It has truly revolutionized the marketplace, requiring manufacturing organizations to produce more, at minimum cost. Achieving this goal without compromising on quality can be a real challenge, which is why an efficient warehousing and distribution function must be there to minimize the costs of the overall process at the heart itself. As the central point that handles the receiving, organizing, storing and managing if inventory, the storehouse activities must be coordinated in the best possible way, and in this article, we will look into a few ways in which this can be done.

Be Prepared To Handle Surges

The supply to your warehouse will depend on the level of demand generated by the marketplace. And this can vary greatly at any given period of time. As a manager, you must have a strategy on how you are going to approach such an issue, in order to keep the operations running without coming to a sudden halt. The first step is to figure out the best way to accommodate this increased demand and the resulting inventory within the storehouse. For example, if you learn that an additional forklift is necessary to handle the increased volume of inventory, contact a company such as Damoli to fulfil the requirement. However, sometimes it might make more sense to simply outsource the activity to a third party rather than performing it in-house, especially when it comes to changing levels of demand for labour. A third party will give your storehouse a great deal of flexibility and allow you to focus on your core competencies better.

Organize the Warehouse

Operational optimization cannot be achieved in an establishment such as a storehouse without first making the best use of the space available. The inventory must be stored in a logical fashion and the slotting must be done by giving the highest priority to those inventories with highest output/rate. Having to identify, track and retrieve a stored unit of inventory upon the recognition of the herd can be a real hassle, even with the latest stock tracking technologies that are available. Therefore, categorizing the storage areas based on a value system is the best approach to optimizing the storage space within the stock house.

Inspection

When it comes to warehousing and distribution, prevention is ALWAYS better than cure! The reason for this is because the prevention of any issues in-house is always better, easier and cheaper than waiting till it gets to the customer, which will result in the incurring of multiple costs and losses that will be too much for you to handle. Which is why it is more advisable to subject everything to a proper inspection before it is too late. For instance, instruct your receiving team to inspect all that they receive for any defects before stacking them on the shelves. Similarly, the products must be inspected before being shopped. The cost of returning goods and the dissatisfaction experienced by the customer must be avoided at all costs, and this strategy will help you avoid this conundrum. 


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