Every business wants to cut unnecessary warehouse costs, but the problem is, with the same old operational flow. Unwanted warehouse costs depend on different factors, but poor inventory handling, inefficient space utilization, wrong stock placement, delayed orders, frequent mis-picks, and improper raw/finished goods storage top the list. When items are not stored in their ideal slots, workers waste time locating them. When there is no real-time tracking of inventory movement, the result is over-ordering and stockouts. Additionally, without a warehouse management system to guide FIFO or FEFO usage, expired or obsolete items make losses.
The good news? Most of these problems are fixable. You do not need to restructure your warehouse or hire more people. What you really need is a system that can order these complex problems in a smart, efficient way. A Warehouse Management System (WMS) especially when integrated with our ebizframe intelligent ERP, is the perfect solution to handle all these complexities in an efficient and cost-effective way. How? Let’s explore.