Tag: warehouse management system

warehouse management

Warehouse Management Helped a Sweden Based Automotive Spare Parts Retailer to Improve Warehouse Operations and Boost Productivity- Quantzig’s Success Story

The client is a leading automotive spare parts retailer based out of Sweden and is well-known for its quality controls methods, purchase management capabilities, and valued collaboration with customers. The company supplies spare parts to several other outlets across Europe, through a single distribution center.

Amidst today’s complex business scenarios, distribution and warehouse operations are considered as necessary evils by supply chain executives. However, it’s important to note that such narrow views can not only prevent you from identifying new opportunities to optimize warehouse operations but also pose major roadblocks in your warehouse inventory management efforts. Several factors that are responsible for reducing warehouse efficiency that include changes in demand patterns, new product launches, and customer acquisitions. Since most of the challenges in warehouse optimization arise due to errors, inefficiency, and lack of supply chain visibility, businesses are investing heavy resources in establishing warehouse management systems to automate material handling, labeling, data collection, and other warehouse operations.

Quantzig’s warehouse management solutions help businesses save time, space, and resources that, in turn, help in enhancing flexibility and customer satisfaction. Request a FREE proposal to gain in-depth insights into our portfolio of warehouse management solutions.

Business Challenge

The automotive spare parts retailer wanted to improve its multi-tier distribution network. However, before doing so, they wanted to evaluate the capacity and effectiveness of the new warehouse layout, this is when they decided to collaborate with Quantzig to leverage its warehouse management solutions to identify the best warehouse layout design. Also, they were looking for warehouse management solutions that could help them in accurate demand and inventory planning and enable them to have lean and optimal supply chains that best balance cost, service level, and profitability.

Our warehouse management solutions provide baseline indicators to yield meaningful data and determine possible productivity improvement objectives and potential cost savings. Get in touch with our experts now.

Solutions Offered and Value Delivered

Quantzig’s warehouse management experts adopted a comprehensive two-step approach to help the client tackle core business challenges. They conducted a basic review of the current performance and operation design of the client’s existing warehouse management system in the first phase. With this information, they made recommendations on prime opportunity improvements in the warehouse operations. The second phase revolved around identifying operations where design adjustments were needed to deal with changes in various business functions. The solution offered helped the client to analyze the correlation between labor costs and equipment, which in turn, aided the selection of a suitable warehouse layout and distribution process.

Quantzig’s warehouse management solutions also helped the client to:

  • Increase the speed and efficiency of warehouse processes
  • Adopt multichannel demand and execution processes
  • Gain real-time insights into warehouse operations
  • Reduce errors and drive productivity by automating different warehouse operations
  • Increase warehouse accuracy and lower safety stock levels by 45%

Leveraging our warehouse management services can help you track inventory stocks that enter your warehouse and locate the position of your assets in real-time. Request a FREE demo below to know more.

Tips to Optimize Warehouse Operations

Warehouse operations are at the heart of a company. When warehouse operations are efficient, companies keep costs low and customers happy. When they’re not, companies don’t ship or receive inventory in time and workers are not as productive as expected. Therefore, you must know exactly how to keep operations running efficiently. With the right mix of best practices, your company can maximize warehouse operations.

Tip #1: Adopt lean warehouse operations practices:

Lean warehouse operations offer a range of areas ripe for significant, long-term and sustainable savings. From reduced handling time and reductions in loading and unloading times of trucks and containers to increased reliability and sharing of information and greater flexibility to adapt to changing market conditions of customer specifications, lean warehouse operations help efficiently in optimizing warehouse.

Tip #2: Run an audit of your warehouse:

This is the first step to transform your warehouse from an inefficient to an efficient one. You must monitor how long it takes for processes in your supply chain to be completed. Ask questions like are your goods organized in a way that makes sense? Is order picking going as fast as possible? Answering such questions can help you analyze and understand the loopholes in the warehouse operations. Consequently, you can adopt measures to rectify and improve your warehouse management techniques.

Tip #3: Use ABC analysis to prioritize items:

ABC is a hierarchy of your most valuable items to the least. This is also referred to as the Inventory Categorization Method. Since you may not value your entire stock equally, this method can help you focus your time and resources on items that make you the most money.

To learn more tips on warehouse optimization, request for more information.

warehouse management

Warehouse Management Helped a Leading FMCG Retailer to Improve Warehouse Operations and Boost Productivity

The client is a leading European consumer goods retailer that is well-known for supplying consumer goods to several retail establishments across multiple regions, through a single distribution center.

The Business Challenge

In today’s complex business scenarios, supply chain executives consider distribution and warehouse operations as a necessary evil. However, it’s crucial to note that such narrow views can not only prevent you from identifying new opportunities to optimize warehouse operations but also pose major roadblocks in your inventory management efforts. Some of the factors that reduce warehouse efficiency include new product launches, changes in demand patterns, and customer acquisitions. Since most of the challenges in warehouse optimization arise due to errors, inefficiency, and lack of supply chain visibility, businesses are investing heavily in developing and implementing warehouse management systems to automate material handling, labeling, data collection, and other warehouse operations. This explains why warehouse management efforts predominantly start with product slotting. Also, maintaining inventory levels based on the sales volume can reduce travel distances and labor costs significantly.

Want more information on warehouse management and the best practices that can help you optimize your warehouse operations?

The FMCG retailer planned to change the arrangement of pallet racks and conveyors in their distribution center. But before doing so, they wanted to evaluate the capacity and effectiveness of the new warehouse layout, this is when they decided to collaborate with Quantzig to leverage its warehouse management solutions to identify the best warehouse layout design.

Solutions Offered and Value Delivered

Quantzig’s warehouse management solutions helped the client to test the ability of the new conveyor and pallet rack arrangement at different load levels prior to implementation. The solutions offered also enabled them to analyze the correlation between labor costs and equipment, which in turn, aided the selection of a suitable warehouse layout and distribution process.

Gain greater inventory visibility, analyze warehouse processes, and monitor warehouse operations using interactive analytics dashboards. Request a FREE demo to get started.

The warehouse management solutions also enabled the client to:

  • Increase the speed and efficiency of warehouse processes
  • Reduce errors and drive productivity by automating different warehouse operations
  • Adopt multichannel demand and execution processes
  • Gain real-time insights into warehouse operations
  • Increase warehouse accuracy and lower safety stock levels by 65%

What is Warehouse Management?

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warehouse optimization

Warehouse Optimization | Orchestrating Different Aspects of Multiple Warehouse Locations for a Pharma Major

The client is a million-dollar, American pharmaceutical and healthcare logistics service provider that manages multiple specialty drugs and generic over-the-counter drugs under its own private label.

The Business Challenge

As competition within the generic drugs segment rises and existing patents expire, it is becoming increasingly clear that the soaring logistics costs can adversely impact warehouse operations in the long run. Though the basic supply chain structure hasn’t changed much in decades, the pharma industry itself has changed dramatically over the past few years. The increasing complexity, fast-changing markets, and dynamic customer demands have all pushed pharma supply chains to the core of delivering the best customer experiences.

Such drastic changes have also brought about several challenges that hamper supply chain flexibility and cost efficiency.  In light of these widespread inefficiencies and ongoing changes, it’s high time for pharma companies to catch up with the industry that it’s serving. In today’s complex business scenario, the components of the pharma supply chain that demand attention include inventory management, warehouse optimization, regulatory compliance, warehouse management, and cost reduction.

Master Your Warehouse Operations

Learn how our warehouse optimization services can help you adapt to the unique business needs of a fast-changing environment.

Owing to the complex business processes the client faced a multitude of warehouse optimization and distribution challenges that were further complicated by the nature of the drugs that they had on offer. With multiple warehouses spread across North America they found it challenging to create and fine tune a flexible warehouse management plan. This success story is a classic example of how our warehouse optimization solutions helped an American pharma major build an innovative warehouse management system to integrate data from disparate sources within the supply chain.

Solution Offered and Value Delivered

Quantzig collaborated with the pharmaceutical client to devise a robust warehouse management system. By leveraging our analytics expertise we determined that their challenges were mainly due to the use of conventional modeling methods. To tackle their challenges, we recommended a hybrid approach that involved the use of multiple data sets from various operational systems.

Contact us and learn to control your own destiny with our highly flexible and adaptable warehouse management solutions.

Our warehouse optimization solutions leveraged popular architectures and methodologies to meet the specific needs of our clients. To help the client, we first developed a logical warehouse management framework to support their current as well as future business requirements. The robust warehouse management system has made it easier for our client to integrate data from several sources by equipping them with advanced data management capabilities.

The warehouse optimization solutions also empowered the client to:

  • Increase efficiency and improve productivity without compromising on regulatory compliance
  • Reduce overhead costs by a whopping 63%

What is Warehouse Optimization?

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