Tips for Better Warehouse Inventory Management
By: Morgan Williams, Marketing Design Coordinator
Changes in consumer demand and inventory management techniques have significantly complicated the warehousing industry, forcing warehouse managers to ensure inventory is optimized and workflows run seamlessly. If the inventory management fails, the entire supply chain could see the effects.
In today’s fast-paced business climate, customers demand and expect more from their warehouse and distribution centers, as their orders are more frequent and require custom-tailored solutions. To meet these demands, warehouse managers are under pressure to fulfill orders within a shorter amount of time, while maintaining the highest level of customer service and still remaining competitive.
Camcode’s Nicole Pontius describes 6 tips that will help you identify new strategies to strengthen your inventory management in 2016:
- Identify your Key Performance Indicators (KPIs)
- Maximize vertical space
- Solicit feedback from front-line staff
- Support workflows with the right technology
- Re-evaluate your facility layout
- Re-evaluate vendor relationships
When you set clear objectives, measure your progress and take steps to optimize your facility and warehouse processes, productivity soars. How are you planning on optimizing your inventory management in 2016?
Try our Benefits Calculator to see how you could be optimizing your inventory.