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⦁ Warehousing and distribution processes requires the management of assets, people, and data to ensure products and partially finished products are available for assembly to customer order where and when required.
⦁ Holding inventory is a major cost, made worse by out-of-stock situations or if goods are in the wrong location within your supply chain.
⦁ Running a warehouse incurs heavy fixed costs and variable costs which accumulate quickly, so managing resources well is important.
⦁ Utilizing warehouse resources efficiently is key to a low-cost storage operation.
⦁ Warehouse management uses and generates a large volume of data about movements and condition of goods.
⦁ Many logistics companies own considerable assets and in some cases their business model includes making such resources available to others.
⦁ Ensuring warehouses and distribution centers have the inventory they need at all times to fulfill demand quickly is critical in order to compete in today’s highly competitive market.
⦁ Visibility into processes and information on the root cause of disruption is key to catering to different product and customer.