Experienced warehouse managers know that product returns and recalls are inevitable, and that processing them quickly is a necessity. Distribution centers and 3PLs must provide exceptional logistics operations to keep costs down and maintain customer satisfaction, especially now with the higher influx of e-commerce business. This is where your warehouse management system (WMS) software is required. By providing the right tools, information and ERP system integrations, your WMS software can work with established return procedures for more efficient processing. In addition, product recalls that are required, can be handled in a timely, efficient, and accurate manner to satisfy the recall. For any warehouse that handles food or food related products, this isn’t a nice to have…it is a requirement.
Have you ever opened the wrapper of an ice cream bar and seen obvious signs of melting and refreezing? If so, you’ve experienced firsthand a cold chain failure. When it happens with ice cream or chocolate, the results are disappointing. When it happens with medications, the consequences can be deadly.
The COVID pandemic brought a lot of changes along with it. One of these changes, is how much inventory businesses are deciding to keep on hand. Just-in-Time inventory management might have worked well before, but after a global pandemic and supply chain shortages, what is the best method for the future? How do you address supply chain uncertainty?
As eCommerce continues to grow exponentially along with two-day, next day, and same day delivery methods becoming the standard; a faster more dynamic way of picking is required. One of the factors that has led to the demand for faster shipping times is the introduction of Amazon Prime. This membership, which offers 2-day shipping for its products, was launched in 2005 and now has over 200 million members.
Many back-office operations are becoming easier to manage thanks to digital technologies!
Properly managing your inventory is an important part of your business operations as it allows you to fulfill customer orders in a timely and efficient manner.
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Over the past two years, retail spending has increased over 14 percent. It is partly due to consumers wanting to return to their pre-Covid lives, returning to stores to shop, and the influx of money from the government giving them extra money to spend. So, with the continual rise of Ecommerce and shopping trends alongside supply chain delays, will there be enough inventory for the holiday season? Here are some tips to help you prepare for the holiday season.
Warehouse Management System (WMS) software is a great addition to any type of distribution business because it provides automated solutions to warehouse operations and processes. It is important to have it implemented correctly and successfully to fully utilize the tool for your business. A WMS covers processes that involve receiving, putaway, inventory management, location management, order management, picking, packing, shipping, and integration to an ERP or other external systems.
Every warehouse manager is under pressure to run their facility at maximum capacity while keeping overhead low. Because of the quick changes brought about by technological advancements in this sector, keeping up with the latest trends can be challenging. If you don't keep up with warehouse management best practices, your company risks falling behind the competition.