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Controlling Inventory Flow

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. However, figuring out the best way to achieve this feat can be confusing, so warehouse managers should follow these steps.
Controlling Inventory Flow Begins With Liquidate Nonessential Products
Warehouses have a tendency to become stock rooms for stale product.

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Implement an Order Management System

Being in control of your supply chain and warehouse is essential to your success, and warehouse management systems follow suit. However, you need to do a bit more than just flip the proverbial switch, explains F. Curtis Barry & Company. Fortunately, you can follow these steps to ensure you implement an order management system properly.

1.

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Inventory Management Technology

There are diverse types of inventory management technology and systems, designed to properly sort, control and act upon information with a company’s inventory. As explained by Kenneth Hamlett of the Houston Chronicle, the two dominant types of inventory management technologies include manual and automated systems. But, there are additional levels of inventory management in between.

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order management system

In modern order fulfillment, the demand for an order management system is unparalleled. Prior to the rise of e-commerce, orders were handled through faxes and direct mail. However, the growth of e-commerce and Big Box retailers required systems that could streamline the entire process, getting more orders processed with fewer delays.

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Slotting Optimization

As the number of products being sold has increased, the demand for superior warehouse control has grown. For your company, this means you need to make sure every space in your warehouse is maximized for efficiency and optimization. In fact, slotting optimization in warehouses can lead to the following benefits for your company.

1. Increased Picking Productivity With Slotting Optimization.