The Satellite Review Magazine 2017 Satellite Review Magazine_pages hi res | Page 35

Improved Inventory Management In the cold supply chain, it is import- ant to keep products in the proper climate controlled environment as long as possible, reducing the possibility of product quality degeneration and spoilage. By employing just-in-time (JIT) fulfillment strategies, warehous- es don’t have to prepare orders far in advance of when trucks arrive for pick up and maximize the amount of time that items are kept in storage within the automated system. The speed and reliability of high-density automated storage and retrieval systems (AS/RS) allows pharmaceutical and food and beverage companies to successfully im- plement this strategy, thereby ensuring a safer pharmaceutical and food and beverage supply chain. In addition, a Warehouse Execution System (WES) combined with an AS/ RS can help companies employ First Expired, First Out (FEFO) inventory management by providing complete control over inventory and the move- ment of products in the warehouse. This prevents warehouses from hold- ing products for too long and expiring, leading to product waste, or worse, reaching consumers and becoming a safety concern. the power grid for use by other ma- chines operating on the same grid. Reduced Costs In a traditional, manual refrigerated warehouse, workers require frequent “warm-up” breaks, which can lead to warehouse inefficiencies in time, labor and energy usage. Automated technol- ogies, such as a high-density AS/RS, can pick products in refrigerated and frozen environments without the need for breaks. Moreover, automation can dramatically increase picking accuracy which reduces inefficiencies due to re- packaging and operational bottlenecks as a result of incorrect orders. An AS/RS enables companies to better utilize their existing space by storing more product within the same (and of- ten smaller) building footprint. Retro- fitting an existing facility with an AS/ RS can increase the storage capacity of an existing facility by 30 to 50 percent. In the case of new buildings, an AS/RS can reduce the overall building foot- print by as much as