Managing inventory has already been noted as a difficult task for most warehouses, but standardizing inventory tracking across the whole supply chain, from production to point-of-sale, without disrupting productivity can be extremely challenging. Nevertheless, lack of standardization can open doors to manual data entry errors, missed deliveries, slower workflows, and higher compliance fees. These ultimately create fertile ground for higher labor costs and larger inventory write-offs at the end of the year. Small issues like this can snowball into massive cost issues since it takes additional labor to correct errors. With inventory distortion like misplaced products, out-of-stocks, delivery delays draining $1.1 trillion worldwide, the need for seamless inventory management systems is evident.
To enhance inventory management without disrupting productivity, today’s supply chains have begun deploying adaptable enterprise-grade hardware to maximize operational visibility.
Standardization secures maximized visibility and adaptability
When tasks follow one common pattern, businesses eliminate extensive training times and improve communication between teams. This is because standardization implements devices that simplify tasks and the implementation process to enhance productivity. Therefore, ensuring efficient inventory management starts with finding solutions that implement clear visibility into your warehouse while eliminating....
- Surprise out-of-stocks that drive customers away
- Overstocking on products, leading to excess carrying costs and inefficient storage usage
- Inadvertent shipping of non-existent products which damages brand reputation
- Wasted efforts due to high labor costs
Furthermore, standardizing your warehouse enables cost-effective adaptability, so your operations can easily adjust to new changes in demand and workforce size. Standardization eliminates time-consuming set-up while improving the flexibility of operations to overcome changes without disrupting workflows. With an intuitive and adaptable system, your warehouse can...
- Handle increasing customer demands
- Maximize ease-of-use
- Assist device procurement
- Minimize disruptions
- Manage asset location
Maintaining the results
After redefining your warehouse visibility, the next challenge is preventing later surprise maintenance costs. That’s why companies invest in services that reduce unnecessary IT involvement and maintenance schedules. Implementing a post-deployment team helps smoothen out operations with:
- Enhanced online procurement for online ability to order additional products
- Streamlined asset tracking with a comprehensive list of your company’s assets
- Tech support for the creation and management of tech support tickets
- Custom reporting with a set of reports based on specific customer metrics and assets
- Invoice and order tracking to easily monitor real-time order tracking data
See how SMG3 effectively deployed adaptable enterprise-grade hardware in our latest case study with Lansing Building Products.
Lansing Building Products worked with SMG3 to deploy adaptable enterprise-grade hardware to standardize its inventory operations. Devices were selected based on simplistic ease of use and Android OS since the familiar operating system has been proven to diminish training times and accelerate productivity with fast adoption and scalability. In the end, associates reported less downtime resulting from complex maintenance and workflows
Download the full case study to learn more.
Equipping your inventory management solutions with effective standardizing for better scalability prepares your warehouse for future success. Create versatile solutions to modernize efficiency with SMG3 when you contact us for reliable assistance in optimizing your inventory management system.