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Warehouse Management Best Practices
Exploiting the warehouse management strategies will help you to keep control of
warehouse thus resulting in increased revenue.
1. Analyse Warehouse Layout
Analyzing the stock layout is very important for efficient use of space. Warehouse space need to be planned based on the low sale and high selling products.
Stock levels should be maintained at an optimum level to meet the demand and at the same time avoid overstocking.
2. Inventory Demand Forecasting
One common mistake in warehouse management process is to mix several SKUs into one bin for saving space. It is better to divide the bin into convenient parts.
3. Avoid Mixing up SKU
4. Re-slot Your Picking Position
Store the most frequently picked items close to the shipping area for facilitating quick pickups and dispatch.
5. Keep Warehouse Team Informed
Warehouse management systems fails to reach the business goal without real time data. Keeping sales team informed will help you for faster process.
6. Take Advantage of Technology Option
Use bin location, RFID, voice picking, bar-code scanner to quickly locate products.
For better knowledge have a look at here...
Warehouse Management Best Practices