Turning challenges into opportunities
While many companies continue to use to processes, practices, and systems that perpetuate many of the warehouse management problems mentioned here, some companies recognize these challenges as opportunities to strengthen their competitive market positions. They are taking warehouse management to new levels by adopting advanced solutions that help them deliver the perfect order, reduce labor costs, and maximize the use of space and equipment.
These solutions enhance warehouse operations with next-level capabilities, such as inventory management, work and task management, radio frequency (RF) and voice direction, labor management, slotting, and kitting and light assembly. Moving beyond the limitations of enterprise resource planning (ERP) systems, advanced warehouse management solutions position firms to operationally excel and drive profitable growth in today’s hypercompetitive markets.
By integrating warehouse management, labor management, transportation management, and third-party logistics (3PL) billing into a unified solution, manufacturers and distributors gain end-to-end supply chain visibility and an efficient execution system that can help them make better decisions and execute those decisions more quickly and profitably.
Today's advanced warehouse management solutions are fully available in the cloud and take advantage of a number of key technologies that can help companies improve operational efficiencies and reduce costs.
These technologies may include:
Winning in hypercompetitive markets
Enormous gains in warehouse performance can be realized through the implementation of an advanced warehouse management system. Manufacturers and distributors that invest in an advanced warehouse management solution can strengthen order management, increase labor productivity, and maximize their use of warehouse assets.
As customer demands rise and supply chains grow increasingly global, companies need to drive gains in warehouse productivity and performance to avoid excessive costs. These investments also provide a greater ROI in terms of greater warehouse visibility, agility, and productivity. They lay the foundation for profitable growth and market success in the hypercompetitive markets of today and tomorrow.