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7 Best Practices for Cost Effective Warehousing

Supplying your products on time and with multiple channels can be quite challenging. You receive constant pressure from various buyers and store locations. It is a challenge to keep up with inventory demands while monitoring the inventory process and the needs of your workers and your customers or buyers. Without going into the disadvantages of inventory reduction, but focusing on a businesses’ ability to fulfill all the requirements brought in by customers. This is why your business needs to have a proper inventory management practice, as things can quickly go haywire if you’re not careful managing the inventory process. With that in mind, here you have some of the best ideas that will make inventory management run smoothly.

Use Money-Saving Options like Wave Picking and Cross-Docking

Whenever you plan on doing inventory management for warehouses, you should focus on ROI and running a lean operation. Cross-docking is a very efficient system that will allow you to significantly decrease both handling and storage time.

Cross-docking allows businesses to manage warehouse inventory in a seamless manner, and it makes storage a lot easier for that reason alone. If you have a complex shipping system, you can opt for wave picking. If you adopt an advanced tracking method, you will find both cross docking and wave picking to save money and time.

The following six tips will help you to organize people, processes, and facilities to prevent sub-par cross dock efficiency from hampering your logistics operation:

• Use conveyors if you can.

Gravity rollers or a similar conveyor system can greatly reduce the need to handle goods. They should be used if possible to move pallets or cartons between unloading and loading doors in your cross-dock facility.

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Chong Hui Ying
Chong Hui Ying
Chong Hui Ying has substantive years of supply chain experiences in the field of warehousing and logistics operations, specifically in the healthcare products sector. She is a member of the Singapore Institute of Purchasing and Materials Management (SIPMM). Hui Ying completed the Diploma in Logistics and Supply Management (DLSM) course on March 2019 at SIPMM Institute.

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