Many organizations have an intention to implement advanced technology for making their warehousing process automated. Understanding the needs, various solutions providers undergo research and deployment phase to bridge the demand globally. But before defining the latest developments incorporated in the warehouse management system, let us discuss the importance of warehouses, challenges faced, and the solutions that could be offered to overcome the crises faced.

Warehouse and its importance

A warehouse is a place where one can store raw materials, assemblies, products in the production process, finished goods, and items for sale. Also, it is an integral part of the supply chain and logistics. Think from a customer perspective, an end-user you shall expect to have the goods as quickly as possible with superior quality?

And now have you thought at any instance,

1. How I got the material as quickly?
2. Since the supply of raw material is limited, how could the manufacturer deal with the large-scale production?
3. Customers like us when places the order, how the orders are processed, how it is transported with high accuracy?

The answer to all the above is, warehousing and inventory handling! And many of the manufacturers and distribution centers face as many challenges as follows,

Inventory Accuracy – Due to lack of advancement/accuracy in inventory handling and visibility, many organization faces crises like raw materials running out of stock, wrong materials dispatched to the customer or sent to the production process which results in finished goods with the defect.

Increased Lead Time – With the growth of e-commerce, end-users started to consume goods at a higher rate, this lets the distribution centers maintain the stock levels at a certain level concerning the demand. Also, it is noted that the demand is based on seasonal consumption, current market trend, and global impact. With the lack of AI in the ERP, suppliers often face increased lead time to meet those demands.

Space Utilization – Day-to-day warehouse operations involve picking, moving the items from bin to pallet, pallet to the production area, production to dispatching, and so on. The lack of streamlined warehouse operations and inventory handling makes the workforce have inadequate insights into the item location and inefficient utilization of available storage space.

Other challenges include redundant processes, constant effort to bring down the operational cost, handling product damages, managing fluctuations in demand.

To overcome all those challenges, we are constantly striving for offering error-free and automated warehousing and inventory management process. And they have implemented various developments like,

1. Seamless integration with SAP, CRM, and ERP modules.
2. Implementation of voice picking technology for efficient inventory picking which saves time and increases inventory visibility.
3. In-built intelligence tool for forecasting, business planning, and interpreting the analyzed data for increased production, throughput, and business planning.
4. Enhanced modules that make implementations easier.