acf domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/enlivendc/vlogis.enlivendc.com/wp-includes/functions.php on line 6121The process of handling inventories or stocks, or goods with care in a safe and secure place is known as warehouse management. Warehousing is an important part of the supply chain network, and its efficient operability determines the success of the supply chain. The warehouse management process can be divided into receiving, storing, and tracking goods in it. The staff who are present in the warehouse are trained accordingly to carry out the required operation in a perfectly synchronized way.
Today, a lot of companies have started using software for their warehouse, and this is not just a part of technical advancement, it also assists as an unavoidable element in day-to-day warehouse operations and has elevated overall performance as proof. The software for warehouses helps the management team to track the performance, plan better, and avoid unnecessary chaos to improve overall operability and achieve better results.
Similar to warehousing and logistics play an integral part in the supply chain system, five key performing factors determine the operability of any warehouse. These five factors are crucial for the outperformance of any warehouse and deliver better and more timely service.
Inventory tracking involves monitoring the availability of stocks and planning accordingly. Carrying out inventory tracking with software helps a warehouse management team to track the availability of a particular product with its exact numbers and also to plan their transportation accordingly. Inventory tracking of a product category can help to get and also to transmit in and out of the warehouse.
Picking and packing are the two important, yet unnoticed, activities in warehouse management, any set of inventories will be picked at different levels, and a separate bill has to be raised at each level to denote these items are successfully picked. Similarly, packaging also happens on different levels for a bunch of inventories which is about to arrive or leave the warehouse.
Receiving and storing are two simple yet important processes to be carried out with complete care in warehouse management. When a specific set of stocks is received in a warehouse, it is initially scanned and allowed into the warehouse, and while storing it is again scanned for the second time to finalize to segregate it under permanent or temporary storage.
Shipping is the most crucial part of the warehouse management system, here the warehouse of a company gets either tied up with a separate shipping partner or the company itself will take up the goods and transport them to the next destination. However, the update regarding the transportation of goods needs to be made once it is shipped from the warehouse to intimate the end customer about the product, and the shipping activities highly vary according to the involved mode (air, sea, road).
Generating and maintaining a proper report for the warehouse is essential to keep track of the performance of the in-house employees, stock availabilities, and operational methods, and also to know the demand for products. The generated reports not just help in present-time evaluation, but also assists in future prediction of goods and cost optimization for overall operability.
Being a leading logistics player in India, V-Logis offers the best end-to-end logistic solutions to a diversified client base, and we can able to achieve it by deploying the best practices on focusing all the key areas of the warehouse precisely.
The post What is warehouse management? And analyzing its 5 knowing processes first appeared on V-Logis.]]>it is essential to know about the hazard level of chemicals before storing them in the warehouse, a proper evaluation must be carried out on either side i.e., with the chemicals and the warehouse whether they can be related or not.
A thorough evaluation of the conditions of the warehouse must be carried out to know whether it is fit to handle any kind of chemicals in its storage, and post the basic evaluation precise analysis will be done based on the exact chemicals to be stored.
It is highly essential to check the storage capacity of the warehouse, especially in terms of storing chemicals in it. Excessive storage of chemicals might lead to any kind of hazardous problem and causes severe damage to even human resources.
Warehouse workers and other employees must be provided with proper training in terms of handling the chemicals. They must possess a thorough knowledge of the chemicals they handle which gives them the responsibility to store them with care.
The emergency exit plan is highly mandatory for the chemical warehouse to avoid any life loss if there is an occurrence of an accident. This is not just about having an exit way but also framing a strategy to not make it huge if it has happened.
Safety measures are highly important for chemical warehousing and we being the lead player in the logistics industry can deliver a safe and secured solution to store your chemicals.
The post Safety Measures To Handle In Chemical Warehouse first appeared on V-Logis.]]>Inventory turnover denotes the inflow and outflow of stocks into a warehouse for a year, and if a warehouse witnesses a high rate of inventory turnover, then it is doing good.
The back-Order rate denotes the complexity faced by warehouses in fulfilling the orders they receive, and if a warehouse faces this problem for a long time, then it holds a poor inventory management system.
The inventory level in a warehouse needs to be accurately noted whether it is under manual or systemized operation, if there is a mismatch between the records and the existing stock, then it leads to poor stock management again and results in customer dissatisfaction.
Inventory to Sales ratio denotes the total number of stocks get sold based on the available ones, the higher the sales the higher performance, it is a bit hard to predict manually this ratio, but analytics would do the favor for managers.
Order picking accuracy denotes the delivery of the right orders, today with the presence of online shopping the order picking accuracy is at a greater height of 99% and anything below that would lead to customer dissatisfaction.
The lesser a truck spends time at the dock the greater the operability efficiency of a warehouse, if suppose a truck spends more time at the warehouse dock then there is some efficiency issue with the manpower in handling the stocks.
Staying days denote the number of days a specific set of inventories present in the warehouse, the more the number of days an inventory set is present in the warehouse the higher will be its storage cost.
It denotes the cost incurred in shipping a single product from the warehouse to the customer place, and it is highly essential to mark this cost that involves several factors like warehouse operability, transportation, etc.
The time that a dock takes to reach the receiving and pick a location for the inventory also matters and it highly affects the warehouse’s operability. The work efficiency of the truck driver and staff who got involved in loading and unloading, packing, and unpacking the goods is determined here.
Proper order management is necessary to know the weak link of the entire warehouse process it involves procurement, production, transportation, and labor and helps a warehouse management system to know the problematic area and fix it.
Tracking the performance of a warehouse is vital to know the standard and raise it above if there are no major errors, and if there is any error then it has to be rectified in case. Warehouses must consider all the required metrics time and again to evaluate their performance.
The post Metrics That Determine Warehouse Performance first appeared on V-Logis.]]>