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HWArobotics Introduces its Reliable, Customizable Shuttle Systems at MODEX 2024

shuttle

HWArobotics Introduces its Reliable, Customizable Shuttle Systems at MODEX 2024

HWArobotics made a significant impact at MODEX 2024 in Atlanta by introducing its cutting-edge shuttle systems, now available to companies across North America. With two decades of experience in the field, HWArobotics showcased its high-quality, reliable, and efficient automated storage and retrieval systems (ASRS) technology, aiming to expand its presence in the region and forge new partnerships.

The company presented a comprehensive range of ASRS technology, including tote shuttles and pallet shuttles, along with associated cargo lifts, racking, and control software. These systems are designed to optimize logistics and supply chain management operations, boasting system availability of over 99% and delivering high throughput for various industry sectors.

At Booth C3885, attendees had the opportunity to explore HWArobotics’ products, which utilize high-performance components from European suppliers like Siemens, Voestalpine, and Hilti. The showcased SLS300, SLS400, and SLS600 series tote shuttles, along with the FPSS1500 pallet shuttle, exemplify the company’s commitment to durability, efficiency, and versatility.

The SLS300 series standard tote shuttle storage system offers high efficiency and continuous operation for up to 24 hours, achieving speeds of up to 4 m/s and handling up to 120 boxes per hour. The SLS400 series variable tote shuttle system provides compatibility and flexibility, allowing for the mix and storage of containers of different sizes.

Additionally, the SLS600 3D tote shuttle system caters to low-traffic, high-efficiency environments, offering excellent warehouse sharing capabilities and easily adjustable system capacity. The FPSS1500 series pallet shuttle system, designed for warehouses and distribution centers, enhances operational efficiency with its advanced four-directional movement and AI scheduling algorithms.

HWArobotics’ General Manager, Sky Chen, expressed pride in the company’s 20 years of experience as a pioneer in shuttle robot systems, highlighting its commitment to exceptional customer service and technological innovation. The recent deployment of HWArobotics shuttle systems by Darwynn underscores the effectiveness of their technology in automating and optimizing logistics and storage processes.

With a strong global customer base, including prominent names like Bosch UAES, Hisense Hitachi, SONY, and JD.com, HWArobotics aims to enhance the competitiveness of North American businesses by offering intelligent warehouse and manufacturing plant upgrading solutions. Their advanced shuttle systems represent a significant leap forward in the field of warehousing and logistics automation.

Enter the Exosuit: How Exoskeletons Are Providing Clear ROI in Supply Chain Operations

Do more with less. It’s a harsh reality within the supply chain labor force, as companies are struggling to recruit and retain material handlers and other front-line staff. It’s not a new issue, but one that’s been exasperated due to increasing demands and a changing workforce. The responsibility of delivering goods and services in a shorter amount of time lands heaviest on warehouse workers who serve as the heart of operational efficiency. So how can executives ensure that the literal working hands of their company stay healthy and perform at their best? Part of the answer may lay in a singular solution, which can have an impact on a billion-dollar problem.

Every year, overexertion from handling objects costs companies more than $12 billion. It’s the number one cause of work-related injuries in warehousing and logistics, which is more than twice the rate of any other cause. Musculoskeletal injuries hit warehouse workers hardest and back pain has been noted as the leading cause of disability worldwide. While automation and robotics are offering relief for some workers, it is apparent that many tasks are going to be best performed by humans for a long time to come. And many of those same automation projects meant to make the warehouse more efficient actually increase the load on the remaining human staff. Many autonomous-mobile-robot programs, for instance, will make a warehouse more efficient, but dramatically increase the pick rate for workers, meaning they are bending and lifting even more products every hour than before.

Thankfully, there is a solution that started coming to market a few years ago that is starting to see wider adoption, one that improves both worker well-being and productivity: exoskeletons. In particular, soft exosuits, which are textile-based versions of exoskeletons, are seeing high user acceptance rates and have been shown to not only reduce back injury risk and compression force on spinal discs, but reduce fatigue – which is of critical importance to warehouse workers who are constantly lifting and transporting goods throughout the facility.

That reduction in fatigue was expected to have a direct impact on productivity, and now there is evidence to support that assumption. HeroWear recently conducted a study with an international premium grocery retailer tracking the number of cases picked per hour for their distribution center workers while wearing exosuits. The study analyzed data from a 9-week period: 4 weeks of baseline, 1 week of training, and 4 weeks where      workers were given a soft exosuit to wear while picking orders. The conclusion of the study: productivity went up by more than 8% (every quartile from top performers to the bottom saw improvement in productivity) and worker-reported discomfort from performing those duties went down by 30%. Moreover, 81% of the workers voluntarily said they were willing to continue wearing the soft exosuits after the study was completed. That level of acceptance for a new piece of safety gear is well above average.

That last data point is a crucial one when examining worker retention. Worker turnover is a massive problem in supply chain businesses. Attrition is especially high in the first 30-90 days among warehouse staff. It is leading many executives to ask themselves, “Are we providing solutions that are aligned with our workers’ needs and helping them adapt to physically demanding jobs so they can do their jobs effectively?” If a company is offering resources that aren’t well-received or seem tone deaf, it’s a waste of time and money and can negatively impact the culture. Solutions need to allow employees to complete their tasks seamlessly and studies have shown soft exosuits can do that. 

But while employee health is a goal we can all agree on, ultimately when considering any change to an operation, executives are evaluating against one major variable: return on investment; what’s the value of a product or service to a company and will it eventually pay for itself? Part of the HeroWear study involved evaluating the expected ROI of the project using industry average personnel costs, and the results were strong: a payback period of less than 6 months and potential ROI of 13x over 5 years. That analysis does not include potential savings on medical cost thanks to an expected reduction in injuries, or the potential savings from recruiting and retention boosts thanks to improving worker well-being. The potential benefits of an exosuit program reach throughout Operations, Safety, and HR/Retention departments.     

Soft exosuits are an exciting solution for companies looking to solve evolving labor challenges. By improving retention through addressing worker well-being while at the same time improving productivity, teams can truly work the problem from both ends. 

warehouse

Movu Robotics and EQSolutions Partner to Revolutionize U.S. Warehouses with Seamless Automation Solutions

Movu Robotics, a global leader in advanced storage and warehouse automation systems, has announced a strategic alliance with EQSolutions, the systems integration division of Equipment Depot, a leading provider of material handling equipment in the United States.

This partnership signifies a significant advancement in leveraging cutting-edge technology to address the evolving needs and challenges of logistics and warehousing businesses. By combining Movu’s accessible robotic solutions with EQSolutions’ integration expertise, the collaboration aims to deliver tailored, comprehensive solutions and professional services to enhance efficiency, productivity, and sustainability for clients across the U.S.

EQSolutions specializes in engineering transformative warehouse and automation solutions, offering a single-source solution for various industry challenges in manufacturing, warehousing, and distribution facilities. Marc Terwilliger, VP of EQSolutions, highlights the synergy of Equipment Depot’s reputation for industry-leading equipment and Movu’s innovative automation technologies, setting new standards in warehouse efficiency.

Movu Robotics is equally enthusiastic about the partnership, emphasizing their commitment to pushing the boundaries of robotics technology to address real-world challenges. CEO Stefan Pieters underscores the goal of making warehouse automation more accessible and scalable, noting that teaming up with EQSolutions allows them to deliver plug-and-play robotics solutions with expert end-to-end integration.

By leveraging the expertise, resources, and capabilities of both organizations, this partnership aims to drive progress and unlock new opportunities in logistics and warehousing through the power of seamless automation.

store

Columbus Consulting and GreyOrange Collaborate on Innovative Retail Platform Revolutionizing Store Operations

Columbus Consulting International has teamed up with GreyOrange, a leading AI-driven fulfillment automation company, to introduce a cutting-edge retail inventory management and omnichannel retail management solution called gStore. This partnership aims to streamline store execution and enhance inventory accuracy, leveraging RFID technology and advanced data analytics.

gStore, the latest offering from GreyOrange, integrates data from RFID overhead or handheld systems with planogram-based inventory to facilitate real-time replenishment and intelligent task allocation. With an impressive inventory accuracy rate of 99% and precise location tracking within three to five feet, gStore enables retailers to improve customer service and optimize workforce efficiency.

Jim Brownell, Senior Consultant at Columbus Consulting, emphasized the significance of gStore in addressing retailers’ critical needs, including inventory management, omnichannel fulfillment, workforce management, and loss prevention. The solution’s seamless integration with existing systems such as POS, order management, and security systems simplifies store operations while providing valuable insights to management personnel.

gStore has already delivered remarkable results for leading retailers, including a 45% increase in productivity, a 5% rise in sales, and a 60% boost in daily customer assistance. Its capabilities extend to streamlining buy-online-pick-up-in-store (BOPIS) and ship-from-store (SFS) transactions, making them more efficient and cost-effective.

The gStore platform addresses five core store needs, including inventory management, workforce management, smart technology integration, store visuals and analytics, and merchandising insights and controls. Pareiya Gupta, Head of gStore – Product & GTM at GreyOrange, highlighted the platform’s ability to provide real-time insights to merchandisers, facilitating strategic decision-making to maximize revenue.

https://gstore.greyorange.com/discover-gstore

Columbus Consulting brings over two decades of industry experience to the partnership, serving as a strategy and implementation partner for retailers seeking to leverage the gStore solution. With a focus on Unified Commerce, Columbus Consulting is prepared to expand the application of gStore to both existing and new clients, offering a proven solution to revolutionize store operations and drive business growth.

greyorange

GreyOrange Enhances Warehouse Efficiency for Flaconi, a Leading Beauty Retailer

Flaconi, a prominent online beauty and perfume retailer in Germany, has chosen GreyOrange Inc., an AI-driven fulfillment automation leader, to optimize its warehouse operations for faster and more efficient product distribution to customers.

The collaboration involves flaconi implementing GreyOrange’s GreyMatter™ fulfillment orchestration platform alongside a fleet of 70 GreyOrange Ranger™ Assist robots. By adopting the Robots as a Service (RaaS) and Software as a Service (SaaS) model, flaconi gains the flexibility to scale its warehouse operations according to demand, particularly during peak seasons. GreyOrange’s RaaS and SaaS solutions enable flaconi to expedite order fulfillment through features like dynamic zoning, hybrid picking, and GreyMatter’s intelligent workload distribution to the robots.

Kurt-Alexander Westphal, Team Lead Operations Excellence at flaconi, highlighted the strategic advantage of quickly deploying additional robots during peak seasons to ensure timely delivery of beauty products. He emphasized that the automation deployment with GreyOrange Ranger Assist robots allows flaconi’s teams to focus on more strategic tasks, enhancing daily operations and scalability.

flaconi’s decision to partner with GreyOrange was influenced by GreyMatter’s versatility in handling a wide range of product SKUs, including fragile items, with precision. The GreyMatter platform’s ability to integrate various technologies under a unified control system further appealed to flaconi.

Akash Gupta, Co-Founder and CEO of GreyOrange, emphasized the company’s commitment to providing flaconi and similar customers with comprehensive hardware and software solutions to gain competitive advantages and exceed customer expectations. Gupta highlighted GreyOrange’s global support network, ensuring seamless implementation and ongoing assistance for customers like flaconi as they scale their operations.

logistics

Key Strategies for Boosting Profits in Logistics in 2024

The logistics industry stands at a pivotal point, with evolving technologies and shifting market dynamics presenting both challenges and opportunities. To capitalize on these trends, logistics companies must adopt a strategic approach. Here are nine key strategies detailed with helpful insights that can significantly enhance profitability in the logistics sector.

1. Comprehensive Technological Integration

Integrating sophisticated technologies like Artificial Intelligence and the Internet of Things is paramount in today’s digital age. AI and ML are pivotal in optimizing routes and predicting maintenance needs, thus reducing operational costs. IoT technologies offer real-time tracking capabilities, which are essential for maintaining shipment integrity and improving customer satisfaction. Autonomous vehicles and drones are enabling cost-effective last-mile delivery solutions for urban and remote areas. Investing in these technologies not only streamlines operations but also positions companies as forward-thinking leaders in logistics.

2. Strategic Use of Commercial Lending

Logistics companies can leverage commercial lending to fuel growth and technological advancements. Accessing capital through loans enables investment in cutting-edge technologies like AI-driven route optimization and IoT for real-time tracking without straining cash reserves. This financial leverage is crucial for adopting sustainable solutions, such as electric vehicle fleets or solar-powered warehouses, offering long-term cost savings and environmental benefits. Careful ROI analysis ensures judicious investments, while diverse lending options like term loans and equipment financing provide flexibility. This approach fosters innovation and expansion and equips companies to swiftly adapt to market changes, securing a competitive edge in the logistics sector.

3. Dynamic Routing and Load Optimization

Dynamic routing software that adapts to real-time traffic and weather conditions can significantly reduce fuel costs and improve delivery times. Coupled with load optimization tools, logistics companies can ensure each vehicle operates at full capacity, reducing the number of trips and maximizing efficiency. This approach cuts costs and reduces the carbon footprint, aligning with growing environmental concerns.

4. Lean Management and Process Optimization

Lean Management and Process Optimization is centered on a strategic application of lean principles to minimize waste and maximize efficiency in logistics. This method extends beyond just inventory management; it encompasses a holistic review of supply chain operations, from procurement to customer delivery. Key practices include:

  • Implementing Just-In-Time (JIT) inventory systems to reduce storage costs.
  • Applying Kaizen for small yet continuous improvements.
  • Utilizing value stream mapping to identify and eliminate non-value-adding activities.

With their emphasis on cross-functional team collaboration, these practices ensure every part of the supply chain is optimized. This optimization leads to reduced lead times, improved product quality, and enhanced customer satisfaction. In addition, 

implementing lean management practices. By streamlining operations, companies can eliminate waste in logistical processes, eventually reduce costs, and enhance service. 

5. Strategic Warehouse Placement

Positioning warehouses strategically close to key markets or transport hubs can drastically reduce transportation costs and delivery times. This strategy encompasses a thorough analysis of the supply chain to identify optimal locations for warehouses, considering factors like market demand, transportation infrastructure, and real estate costs. Such strategic placement improves operational efficiency and enhances customer satisfaction through faster delivery times.

6. Emphasizing Sustainability

Sustainability is a critical factor in modern logistics. This calls for investing in fuel-efficient or electric vehicles, optimizing delivery routes to minimize emissions, and adopting sustainable packaging solutions. By focusing on green logistics, companies contribute to environmental conservation while catering to the growing segment of eco-conscious customers. Moreover, sustainable practices often align with cost-saving measures, like reduced fuel consumption and waste minimization.

7. Personalized Customer Solutions

Tailoring logistics services to individual customer needs enhances customer satisfaction and loyalty. This involves offering flexible delivery options, real-time tracking, and efficient handling of returns. Utilizing data analytics to grasp customer preferences and behaviors can further refine these personalized services, creating a competitive edge in customer experience.

8. Digital Engagement and Relationship Management

In the digital age, a solid online presence and digital marketing are vital for attracting new clients and maintaining existing relationships. The effective use of social media, search engine optimization strategies, and content marketing can enhance visibility and brand reputation. Implementing advanced Customer Relationship Management (CRM) systems helps maintain strong customer relationships, offering personalized experiences based on data-driven insights.

9. Diversifying Supplier Base and Risk Management

Depending solely on a single supplier or region can expose companies to significant risks. Diversifying the supplier base ensures resilience against geopolitical, environmental, or economic disruptions. Coupled with robust risk management strategies, including contingency planning and comprehensive insurance coverage, this approach safeguards the supply chain, ensuring consistent operations even in adverse conditions.

The Takeaway

Logistics companies must employ multifaceted strategies to boost profitability, from technological integration to supplier diversification. Each plays a crucial role in enhancing the bottom line and maintaining market competitiveness. Yet, central to their success is a proactive mindset that entails a steadfast commitment to long-term solutions. Such a comprehensive and forward-thinking approach is essential for thriving in the ever-evolving logistics landscape.

integration

Synergy Logistics and Techdinamics Revolutionize Shipping Integration for Efficient Warehouse Management

Synergy Logistics, a leader in warehouse technology innovation, has recently announced a groundbreaking partnership with Techdinamics, a renowned provider of connected fulfillment solutions. This collaboration aims to deliver seamless integration of rate shopping and transportation management capabilities to customers, revolutionizing the warehouse management landscape.

The focal point of this alliance revolves around Techdinamics’ cutting-edge techSHIP solution, which seamlessly integrates with Synergy’s advanced warehouse management system (WMS) SnapFulfil. Together, these platforms create a fully connected workflow encompassing order management, WMS functionalities, picking, packing, and shipping processes. The result is faster order fulfillment, improved accuracy, and reduced operating costs, all without the need for additional labor.

TechSHIP, a robust cloud-based application, facilitates easy integration with multiple carriers for generating shipping labels and custom documentation. It also offers intelligent rate shopping features, selecting the most cost-effective or appropriate services based on customer preferences and shipping destinations. With connections to over 150+ carriers, TechSHIP streamlines order processing, ensures timely deliveries, and provides competitive shipping rates.

Smitha Raphael, Chief Product & Delivery Officer at Synergy Logistics, emphasizes the speed and depth of integration offered by the techSHIP solution. Its agile nature allows for rapid configuration and deployment, enabling customers to achieve operational efficiencies and a swift return on investment within just 20-30 minutes.

One success story stemming from this partnership involves Younique, an online beauty retailer based in Utah. By leveraging the integration with techSHIP, Younique gained access to previously unavailable carriers like Purolator and significantly improved label printing efficiency for high-volume orders through SnapFulfil’s batch functionality, resulting in decreased shipping costs.

Reg Adams, President of Techdinamics, highlights the seamless integration between SnapFulfil and techSHIP’s API, enabling users to manage orders and generate labels within the WMS interface. This integration empowers users to leverage techSHIP’s order management rules and rate shopping capabilities directly from SnapFulfil, enhancing operational efficiency and cost-effectiveness.

This strategic alignment between Synergy Logistics and Techdinamics represents a significant milestone in the realm of warehouse management, leveraging real-time integration and partnerships to provide transparency across critical business systems and sales channels. With a rapidly expanding network of native integrations spanning various sectors, Synergy aims to drive efficiency and innovation in warehouse operations, setting new standards for seamless shipping integration.

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The Future of Warehouse Safety: Harnessing Technology to Protect Workers in Automated Facilities 

Warehouses can be hazardous, but they’re getting safer. Much of that improvement stems from new technologies, with automation leading the charge. 

Automated facilities are far safer than conventional operations in many ways. At the same time, robots introduce unique hazards that warehouses must contend with. In both cases, technological innovation is the answer to better safety.

Automation as a Safety Measure

Warehouse automation has historically trailed behind other heavy industries like manufacturing, but that’s starting to change. Over 70% of logistics businesses use some form of mobile robot today. This shift improves safety along two major lines — automating dangerous tasks and minimizing errors.

Automating Dangerous Tasks

Automation’s most significant safety advantage is that it removes workers from the most hazardous parts of the job. When human employees don’t need to carry the heaviest loads or reach the highest shelves, it has the same impact as if these hazards didn’t exist.

Automation can’t perform every job a human can, but the most dangerous work is often easily automated. Carrying heavy loads or picking items from high shelves are straightforward, predictable tasks — just the kind automation excels at.

Automated tasks don’t have to be dangerous to improve workplace safety. Overexertion accounts for 23% of all workplace injuries and often stems from repetitive motion. Warehouses that automate material-handling workflows minimize this motion, preventing one of the most common causes of injury.

Error Reduction

Automated warehouses are also safer because they minimize human error-related risks. Mistakes play a role in almost all workplace safety incidents, so companies that reduce errors will also reduce injuries.

Autonomous alternatives to manually operated machines make some of the biggest impacts in this area. For example, conventional forklifts pose severe threats because driver errors are likely, as humans are easily distracted. Robot forklifts, by contrast, don’t get preoccupied or bored, so they’re less likely to make errors that endanger nearby workers.

It’s also worth noting that automation reduces the workload in labor-strained warehouses. Workers can feel less stressed when there’s less to do, letting them focus on what they’re doing, further preventing dangerous errors.

Keeping Workers Safe From Robots

Of course, automation itself can introduce new workplace hazards. The answer to these risks is not to avoid automation but to implement new technologies that make it safer.

Reliable Navigation

One of the most important steps in improving robot-related safety is ensuring they can navigate reliably. Moving equipment like forklifts is responsible for many injuries and OSHA violations, and mobile robots pose several of the same risks. An automated guided vehicle (AGV) that can’t identify obstacles and pedestrians quickly and accurately could cause harmful collisions.

Cameras and machine vision software are improving, which makes mobile robots safer by default. Besides these improvements, warehouses can capitalize on the Internet of Things (IoT) to enable better navigation. Robots that communicate with real-time sensors throughout the facility can move through it more effectively.

Edge computing takes these benefits further, as it spreads complex compute tasks between nearby devices, enabling faster responses. 5G networks can also provide more bandwidth and higher speeds to support these processes.

Adaptable Cobots

Collaborative robots (cobots) are another important technology that makes automated warehouses safer. These robots are designed to work alongside humans instead of replacing them. As such, they’re less likely to run into workers or cause disruptions that may lead to injury.

Adaptability is a key feature here. Cobots can respond to real-time data, often through IoT connectivity. As a result, they can adjust their workflow as necessary as conditions change to prevent mistakes that may endanger workers or keep out of people’s way even when they don’t follow predictable paths.

Amazon has implemented cobots extensively to impressive results. One of its solutions, Sequoia, combines multiple robotic systems to organize and move inventory throughout the warehouse. Combining separate systems lets it adapt as needed, and the design emphasizes making things easier for human workers. As a result, recordable incident rates dropped by 15% between 2021 and 2022.

Artificial Intelligence

It’s impossible to talk about disruptive technologies and not mention artificial intelligence (AI). AI can improve robot safety in warehouses in several ways, and its potential will likely grow as this technology advances.

AI-guided robots are more adaptable than classical alternatives, making them safer. Machine learning models can identify and respond to hazards in a fraction of a second, making them ideal for guided mobile robots to prevent collisions. Similarly, AI can help robots interpret situations to determine the best course of action to remain productive and keep human co-workers safe.

AI can also analyze data from across a warehouse to identify where the most accidents happen. Some models can go further and suggest possible improvements, making it easier to effectively reduce workplace injuries over time.

New Tech Is Transforming Warehouse Safety

Technology is one of warehouses’ greatest assets when addressing worker safety. The logistics and supply chain industries will become safer as more facilities embrace automation and complementary technologies.

Tech adoption isn’t a panacea to all workplace safety issues, but it offers substantial improvements. Warehouse managers must integrate these solutions into existing safety programs and combine them with other steps to become as safe as possible.

workforce shortages global trade trax softeon operations

Transportation & Warehouse Operations Most Challenged by Resource Shortages

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released findings from its study How Bad Is the Supply Chain and Logistics Workforce Challenge?, which indicates that 76% of the supply chain and logistics leaders surveyed are experiencing notable workforce shortages in their operations. What’s more, 37% of respondents would characterize the resource shortage they face as high to extreme. While the issue is affecting companies’ financial, peak season and logistics partner performance, the survey also showed it’s taking a toll on customer service performance, with 58% specifying that workforce shortages have negatively impacted service levels.

While the competition for supply chain and logistics resources is widespread, how acute the workforce challenge varies by organizational function. According to survey results, the areas suffering the most from resource shortages were transportation operations (61%) and warehouse operations (56%). While these areas are admittedly highly labor-intensive, findings also revealed that 55% of supply chain and logistics leaders said knowledge workers are the hardest to hire—and they are becoming increasingly important as supply chain and logistics operations become more technology-enabled and data-driven.

“With economies cooling and COVID more manageable, the general thinking has been that companies would see the workforce shortages of the past few years subside; however, this does not appear to be the case,” said Chris Jones, EVP, Industry at Descartes. “The study shows that, post-pandemic, supply chain and logistics organizations continue to struggle getting the labor, knowledge workers and leaders they need to thrive. With business performance driven by both the quantity and quality of the workforce, supply chain and logistics leaders need to rethink not just their hiring and retention strategies but also how technology can help to mitigate current and future workforce challenges.”

Results also showed that the impact of workforce shortages varies by financial performance, growth, management’s perceived importance of supply chain and logistics operations, and by how successful employee retention programs are. There’s evidence that business performance is interrelated—and that the impact of workforce shortages can be mitigated by business leaders understanding the full potential of their supply and logistics operations and why employee retention is so critical to supply chain and logistics performance.

Descartes and SAPIO Research surveyed 1,000 supply chain and logistics decision-makers in late 2023 across three sectors:

a) manufacturing, distribution and retail;

b) carriers; and

c) logistics services providers.

The goal was to understand the nature of any workforce shortages they were facing and the impact of resource constraints on their operations and business success. Respondents were based across nine European countries, Canada and the United States, and held Owner, C-Suite, Director and Manager-level positions in their respective organizations. Learn more about the How Bad Is the Supply Chain and Logistics Workforce Challenge? survey results.

storage

How Modern Warehouse Management Systems Transform Storage Efficiency

When managing a warehouse for a budding business, space is a valuable resource. However, if warehouse space isn’t optimized and managed well, the storage of products can turn into an expensive and inefficient ordeal.

This has made Warehouse Management Systems (WMS) the go-to choice for businesses that want to revolutionize the supply chain and streamline operations. 

What is a Warehouse Management System (WMS)?

A Warehouse Management System (WMS) is a software that can optimize 3PL warehousing operations and facilitate smart decision-making. WMS streamlines and automates processes, creating an efficient goods flow.

By opting for a Warehouse Management System, you can monitor and control warehouse operations in real-time as well. Using a WMS also offers a lower chance of human error and improves last-mile productivity with deliveries and pickups.

8 Ways WMS Can Improve Storage Efficiency

Using a Warehouse Management System can revolutionize warehouse operations and light the way to greater storage efficiency. Here are 8 benefits of using a WMS for your business.

  • Real-Time Inventory Tracking

One of the most popular benefits of Warehouse Management Systems is the function of real-time tracking of inventory. A lack of real time inventory visibility can seriously impede warehouse operations. It’s also an important factor that enables warehouse managers to allocate optimal storage space according to existing stocks. 

WMS makes it possible to receive data on inventory levels, location, and movement of products. This prevents potential overstocking that could lead to crowded warehouses, or the converse due to understocking. 

  • Accurate Demand Forecasting

With real-time inventory visibility, Warehouse Management Systems make it easier to accurately forecast demand for stocks. This can help optimize inventory levels since warehouse managers can ensure that the right amounts of stock are maintained at any given time. 

Being able to predict demand allows better planning of storage space, ensuring that each square inch of warehouses can be optimized and used well.

  • Consolidated Shipping

WMS is a great tool for consolidating orders by optimizing shipping routes. This is a great way to ensure that your warehouse sees a steady flow of fresh inventory since orders are picked up and shipped out at a more rapid pace. 

With quicker goods flow, your inventory won’t stagnate inside the warehouse space and take up valuable storage space for long.

  • Optimized Slotting and Warehouse Layout 

With a Warehouse Management System, you can set up an optimized layout for your warehouse based on automatically estimated product demand and storage requirements. Aligning with this layout can increase space optimization, leading to more streamlined warehouse operations and organized storage.

Most systems also use an algorithm to determine the most viable slotting sequence for your products. This is calculated based on factors such as size, demand, and much more. Through WMS-driven warehouse layouts and dynamic slotting, you can ensure that fast-moving items are easily accessible in storage.

  • Data-driven Insights

One of the key benefits of using a WMS is the ability to improve operations through the data that’s generated. By providing dynamic reporting and in-depth data across various parameters, Warehouse Management Systems make it possible for warehouse managers to identify regularly occurring problems and bottlenecks. 

By tracking trends, and recognizing areas of improvement, warehouse managers can use these data-driven insights to optimize storage.

  • Simplified Cross-Docking

Cross-docking is another great function made possible through Warehouse Management Systems. Automated warehouse cross-decking involves tracking shipments and directly transferring products to the outbound shipping chain without lengthy storage periods. 

This makes it possible for products to directly enter delivery routes and proceed towards order fulfillment without needing to be stored for long periods of time. Cross-docking can save businesses time and greatly reduce storage costs while freeing up valuable warehouse space for other products. 

  • Order Prioritization

Another function of Warehouse Management Systems is to prioritize various warehouse operations based on factors like deadlines and customer demand. This makes it possible for businesses to process high-priority orders quicker and more efficiently. 

By automatically having orders prioritized through a WMS, business owners can deliver a smoother customer experience with minimal effort.

  • Reduced Need for Safety Stock

Warehouse Management Systems are often used with Barcode and Radio Frequency Identification (RFID) technology. This makes it possible to accurately keep track of inventory and prevent shipping errors or misplacement of stocks. 

When inventory is less likely to be lost, this considerably reduces the need for maintaining safety stocks in your warehouse, where space is akin to gold. This is a great way to optimize storage and make the most of your warehouse space. 

WMS: The Future of Storage Optimization

Warehouse Management Systems are making it possible to optimize and streamline storage to the tee. Everyday operations are simplified through real-time inventory updates, in-depth data analytics, and automated functions. This leaves business owners and warehouse managers free to focus on more value-added tasks. It’s safe to say that WMS offers just a small glimpse into the future of storage optimization.