RTL Reliable Transportation More About Warehousing | Page 3
FIVE TIPS TO IMPROVE THE EFFICIENCY OF
YOUR WAREHOUSE
•
Update Your Standardized Processes
– As the supply chain industry continues to grow, you have to reassess the processes
that you have been using in your warehouse. It is highly advisable to keep adjusting
the processes to free yourself from the risk of obsolete information and standards.
Standard processes are very important and they ensure there is maximum security
and safety in the warehouse. Moreover, such processes improve the efficiency of the
operation. You should also ensure that the training and onboarding of new members
is simplified.
•
Eliminate Excessive Inventory
– Excess inventory is one of the major drains on the profitability of warehousing
processes. Due to this common problem, wholesalers end up purchasing huge
amounts of a single product for significant discounts. This practice is a huge mistake
because the excess inventory ties up money. This eventually leads to a huge drain in
profitability. However this is a controllable issue. There are several ways in which
you can reduce excessive inventory. One of them is to order large purchases to be
delivered in small batches. This is among the most effective ways to help you
improve warehouse productivity.