Warehouse Efficiency and Your Bottom Line

Sales, operations and finance are critical functions for any business. Most organizations spend a lot of time analyzing their sales pipeline, extending existing client relationships, monitoring their financial statements and managing cash. Operations deserves that same attention; otherwise, companies can be inefficient, have gaps in performance and possibly lose customers.

As a supply chain management firm, we are often asked for ideas to improve the effectiveness of companies’ warehouse operations. Often times the areas of improvement are unique to the company; however, there are certainly some commonalities that consistently impact all companies’ performance.

If you are a company looking to improve your warehouse operations, consider the following tips to increase efficiency.

STANDARDIZE YOUR PROCESS

MANAGE LABOR EFFECTIVELY

BE SMART ABOUT SPACE UTILIZATION

LET TECHNOLOGY ACCELERATE YOUR BUSINESS

MONITOR THE HEALTH OF YOUR OPERATIONS

A company that is successful never stops striving for excellence. Key performance indicators beyond productivity metrics and service levels need to be established for continuous improvement. Metrics shouldn’t be work, but the byproduct of your work. Systemically establish metrics that are important to the health of your operations so that you can focus your attention on monitoring trends and identifying areas for continuous improvement rather than gathering data.

SAFETY DRIVES SUCCESS

CHOOSE THE BEST FREIGHT MODE AND PARTNER