How to Optimize Inventory Control with Cloud Based Inventory Management

1. How to Optimize Inventory Control with an in-House Warehouse Management System Are you and your business struggling with an average warehouse management system? A Warehouse management system is used to organize and control everything from scratch that concerns your warehouse and inventory- to make sure all steps are running in accordance with your company’s benefit in mind. These steps and activities include- Arrangement of warehouse and its inventory, managing and stocking the newly arrived goods, maintaining an appropriate amount of required equipment, picking, packing, and shipping stock, and tracking and analyzing the overall performance. Accordion to MetaPack’s 2015 State of Ecommerce Delivery Report, 96% of shoppers agreed that a positive delivery experience encourages them to shop with a particular retailer again. The fact that almost all your customers would only get back to you if you serve them right makes the need for efficient inventory control even more essential.

2. One of the most important steps to ensure healthy inventory control is by optimizing your warehouse operations. And this how you can do it inhouse by keeping the following key areas in mind- Planning the layout of your warehouse- this is a basic technique that requires you to provide enough storage space to your inventory while offering enough working space to the staff. The usual areas that make up for a warehouse are- new stock area, unpacking area, warehouse office, main storage, deadstock area, and packing and shipping stations. Labeling- your warehouse staff is only as efficient as you let them be. An efficient warehouse management system involves the practicality of labeling locations to help the staff understand “where to be”- the required site. The level of details required in this process entirely depends on the size and complexity of the business’s operations. Arranging your inventory- For effective arrangement, you must keep your better selling products the closest to the packing desk. The A, B, and C strategy can be used for quality inventory control here- A-items – comprises of the goods with the highest annual consumption value B-items – Up to 30% of the total stock- interclass goods C-items – Almost 50% of the entire stock, comprises items with the lowest consumption rates

3. Warehouse equipment- A warehouse operates with equipment, there is no other way for a man to shift tonnes of stock. Some of the most important equipment include shelving units, packaging material, printers, bins, totes, picking carts, scales, and CCTV! Is the lack of effective warehouse management evidently visible in your business’s performance? Do you stand stressed and worried as a supply chain leader? Will you be willing for someone to come and take the impossible away from you? Well then, here’s a one-stop solution for you! To ensure your manufacturing business is well aligned with the latest market trends and is using the best market practices to power up your inventory management practices- here is an effective Cloud based inventory management system for you. Contact us at Cloud Inventory to simplify each and every level of your inventory control with our fully automated Cloud based inventory management. Contact us today! Source Link: https://cloudinventory.weebly.com/blog/how-to-optimize-inventory-control- with-an-in-house-warehouse-management-system