An automated storage and retrieval system (ASRS) is a type of technology for automating warehouse operations. This technology helps enable storing and retrieving products smoothly. Its equipment includes micro-loads, mini-loads, unit-loads, shuttles, cranes, carousels, vertical lift modules (VLMs), etc. It could also be integrated with warehouse automation software to streamline warehouse operations.
An automated solution for storing and retrieving products in the facility or warehouse is entitled as automated storage and retrieval system (AS/RS).
Its types include horizontal and vertical carousels, vertical lift modules, robotic shuttle systems, and crane-based mini-load ASRS.
These storage solutions not only help manage warehouse operations flawlessly but deliver a better ROI to the business.
Its selection should be done carefully and is dependent on many factors.
Do you know what those factors are?
If you want to know them, read this blog post further.
What is Warehouse productivity?In today’s competitive global marketplace, we all know warehouses play a fundamental role in the logistics of manufacturing companies.
Most of the company’s measure warehouse productivity to analyze and monitor the performance of the warehouse operations.
Most of the warehouses have processes and systems in place which leads to warehouse productivity.
Understands what the business sells and optimizes the warehouse storage area accordingly (Fast moving SKUs to less purchased stocks by customers).
This helps to make better use of storage spaces, and reduced delivery timesImplement new procedures and the newest technologies available in the market to save time and effort in warehouse operations.It is important to review the SKU constantly to optimize the slots in the warehousing hub.
What’s next when your warehouse productivity increases?A warehouse with an efficient process leads to customer satisfaction because it helps ensure quick and accurate shipment.
Not having access to accurate inventory data and proper inventory management could result in many issues.
Companies have to wait until the stock runs out before making more.
It’s stressful and costly, and not only to the company but to customers as well.Inventory management system allows companies to identify which goods are selling at what time, where they need to order more from, and helps manage cash flow.
The inventory management system makes sure that there’s always enough stock for customers right now and in the future by focusing on four key areas: forecasting, ordering, analyzing, and controlling supply chain processes.Inventory management software is one of the most important functions a business owner can perform and it's something that will improve your financial situation significantly if you manage your inventory correctly.
Very simply put, inventory helps drive the flow of money in your business and out.
All your suppliers need is a place to put their products and you have a harder time getting rid of excess inventory than if you had a centralized system for ordering.
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