Use Labeling To Increase Warehouse Efficiency
by Maureen Perroni, on July 14, 2016
Due in large part to growth in e-commerce, demand for warehouse space is reaching new heights. Business 2 Community reported that 97 percent of available warehouse space is already rented, causing prices to increase by 9 percent in 2015.Given that new warehouse construction does not appear to be close to catching up to consumer demand, businesses need to find ways to use their existing warehouse facilities more efficiently.
"Businesses need to find ways to use their existing warehouse facilities more efficiently."
When it comes to getting the most out of your warehouse, the key phrase is "location, location, location." This doesn't just mean that the warehouse needs to be close to your customer base - though that certainly helps. It's also important to carefully plan where each item is stored within the facility. A poorly laid out space will make it difficult to access products that are in the highest demand, but smart organization can speed up the process and ensure responsiveness.
Custom labeling makes this easier, according to an article in Manufacturing Tomorrow. In a large warehouse, it's crucial to have clear indicators for where each product should be stored, based on criteria that make sense for the particular business. Important factors include the date and time that each item arrives to be stored. Generally, warehouse managers don't want their oldest products to get moved to a far corner where they are forgotten.
An Enterprise Labeling Solution adds intelligence and centralized control to a business's labeling efforts This makes it easier to create clear identifiers for each product that can be easily adjusted if the need arises. In order to boost supply chain efficiency, businesses need to use labeling to minimize confusion in their warehouses.
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