Warehouse Management with Cloud Computing( Cloud warehouse management )
What is Warehouse Management?
Warehouse Management is typically the daily operations taken out in the warehouse. It typically includes shipping, receiving, put-away and picking of goods.
Why is warehouse management important?
Warehouse management is very important in every aspect of your business. Every business ranging from small to big needs a good warehouse management system. Customers are impatient these days. After ordering something they want quick and perfect delivery regardless of their location.
That is why shipping and order fulfillment is an important factor influencing the buying decision of the customers. So it doesn’t matter if you have a great product in your inventory. It is also important to deliver the product in good condition within the shortest time possible.
For example Companies like Flipkart, Amazon has its world-class warehouse management system with their own in house delivery chain which helps them to deliver faster and ensure the best possible customer experience.
But other companies like Snapdeal.Yepme doesn’t have their delivery system. That is why if you order a product from them, then you have to depend on third-party courier systems which are often unreliable and it directly impacts the buying decision of the customers.
A well-organized warehouse management system integrates automation and technology in every step that includes product inventory management, delivery management, and tracking. Customer tracking facility, ERP integration, etc.
What are the types of Warehouse?
The warehouses are broadly classified into the below types:
Retail warehouses are generally built for storing readymade consumer goods like clothing items, fashion items, electronic items, and other household items.
These warehouses are mainly built for overseas trade.
These types of warehouses are meant for picking, checking, labeling and packing of goods for export.
Railway warehouses are mainly built by the nearby locations of the railway junctions and railway hubs. Mainly these railway warehouses are built for storing and dispatching.
Canal warehouses are mainly used for trans-shipment and storage.
Technology is a part of our day-to-day lives, and therefore, it was merely a matter of time before it began to alter the way we look at logistics and distribution in the warehouses.
In this article, we will take a closer look at how technology and cloud computing has helped to improve warehouse management & inventory accuracy and why CEOs and supervisors ought to implement these innovative advancements in their facilities.
Cloud warehouse management
1. Barcoding inventory
Making use of Excel spreadsheets for managing inventory is an obsolete strategy at present, which will consume lots of valuable time for your company. Moreover, this type of manually operated solution to warehouse management is not that accurate.
It is only possible to update Excel spreadsheets manually, which implies that they are not going to work in real-time whatsoever. On the other hand, barcoding inventory, as well as tracking inventory, operates using a WMS (warehouse management system), which aids you in avoiding any stock out and also in managing the inventory plus warehouse management expenses in a much better manner.
2. Handheld scanners
Besides barcoding inventory, it is also essential to provide the appropriate tools to the warehouse employees who are none other than handheld mobile scanners. Warehouse management requires much more than merely entering values into the laptop.
It is going to involve monitoring outgoing and inbound shipments with a precision which simplifies how the inventory, purchasing, and warehouse management teams reconcile the inventory counts. Your sales team needs those precise inventory counts to win business.
3. Loading and shipping
First, it isn’t out in terms of loading and shipping. It is essential to load the trucks in the reverse order. The first items unloaded are going to be the last products placed in the car. The introduction of the GPS systems will allow us to optimize loading, routing, plus deliveries.
Here, we like to mention that deliveries will help you to guarantee customer gratification. You are going to know about the whereabouts of the shipments in case the clients do make any queries.
4. Having the proper rack systems
Proper handling and storage are essential while mitigating problems about the damage of the inventory. It will be possible to lessen the inventory cost every square foot of the warehouse space with the help of double-deep racking systems, which will help to store more inventories within a particular site.
One more option happens to be the pushback racking facility, which helps to simplify how you segregate specific inventory classes, including spare parts, raw materials, consumables, and finished products.
The proper rack systems need to be sturdy and well-built so that they can safeguard your inventory against any damage that would have taken place in their absence. When the list is left out in the open, there is a possibility of more damage to happen. The rack systems offer protection from poor handling as well as accidents.
5. Monitoring inventory costs using inventory software
Inventory happens to be a cost of investment. Nevertheless, you will come across other expenses, which can impact the profit margins to a great extent.
It is essential to track these expenses at certain intervals since it will help you to comprehend what portions of these expenses impact your bottom line the most. For example, to what extent does financing affect these expenses relative to the costs of obsolete inventory, damaged inventory, or pilferage?
Comprehending every loss will help you to make sure that you have a strategy moving forward to lessen their effects within the warehouse.
Make it a point to keep the warehouse operations updated by making use of the organization, storage, communication, as well as software solutions obtainable out there. All these implementations will help to improve productivity, minimize errors, and also improve your facility’s bottom line.
The warehouse setting has transformed nowadays. The importance is now centered on expediting the flow of goods as well as managing costs due to the demand of the clients for faster and more precise shipping.
This is a guest contribution from Kelly Jones. Kelly is a tech writer and mainly writes on trending technology topics including Mobile,AI,Warehouse applications etc.Apart from this, she also writes on topics like logistics,e-commerce management.
She is currently working for JD Edwards Services and preparing his next article on application of AI in logistics. When she is not writing she loves to read books and loves to hear bed time stories.