In the supply chain, the storage of raw materials and finished products is an important data to be mastered. Companies must have enough stock to be able to respond effectively to demand, but they must not have too much to avoid overstocking, which has a fairly high cost and ties up resources unnecessarily. In such a context, technology comes to provide companies with efficient solutions in the management of their supplies and their stocks. Transformation of the storage function over time Several decades ago, it was normal to see many people working in giant warehouses...
Keeping your attention on improved operations gives you the competitive advantage, especially in warehousing operations. Warehousing is a crucial stage in the supply chain and running a warehouse efficiently improves turnover, increases revenue and ensures customer satisfaction. However, running an efficient warehousing facility requires implementation of management best practices, some of which are discussed below. Implement Automated Inventory Tracking System To manage your inventory, you will need accurate and up-to-date information on where goods are located at all times...