Mismanagement means missed opportunities and missed opportunity means 'missed business' or objective. Mismanagement at any place like home, company, a business can lead to intense and immediate or long term problems. If these problems didn't get addressed at the right time, it might lead to irreversible physical, mental, and financial losses.
Similarly, in the e-commerce space, mismanagement in the warehouse, which is the vital cog of today's supply chain management, can lead to increased expenses, delay in delivery, lost revenue and customers, and low productivity. In the past, warehouses were seen mainly as stock-holding points. Still, today's warehouses with huge buildings, logistic equipment, resources and workforce, are the fulfilment and distribution centres that are capable of handling large volumes of orders.
As the e-commerce phenomena will continue to grow both for business-to-business (B2B) and business-to-consumer (B2C) sectors, companies must organize its warehouse storage. Given below are a few practical reasons how a proper warehouse storage system can be helpful for uninterrupted delivery and distribution service.
Increase in productivity and efficiency
Organized warehouses can give a new life to the entire inventory management system. In a disorganized warehouse, it would be hard to trace stock. The inventory should be stored in a way that allows you to save in storage and fulfilment and also assembles the products neatly and efficiently. Regular auditing and risk management of inventory can avoid issues with shipping, ordering, warehousing, or product handling.
Worker's safety is crucial. The hazard can be anything that may cause harm, such as chemicals, working from height, broken pallets etc. Cluttered and messy warehouse increases the risks tenfolds. Disorganization and scattered items of paper, wood products and flammable other materials can be a considerable risk of fire. The things like loose wires and incorrect placement of equipment can be reasons for worker's accidental trips and falls. In today's atmosphere of increased litigation, it is essential to know and act upon the risks to protect the workforce and business. A fire risk assessment and prevention measures should be taken to ensure fire safety procedures.
Save time and cost
Are you struggling to meet the order's turnaround time and schedules? A well-organized warehouse can save money and labour cost. A clean, well-kept storage facility lets you figure out what item has been kept where and exactly how much inventory you need to keep the order going. When stocks and commodities are neatly displayed, a lot of time and effort is saved to make timely delivery and ensure that records are accurate.
Proper warehouse management can optimize space and helps you to make better use of the place available. Reinventing and reorganizing an existing warehouse will enable warehouse staff to get things in order. It will improve productivity, increase efficiency and streamline day-to-day operations.
The organized and clean environment maintains the well-being of the workers. The pristine environment will enable the warehouse staff to lessen the anxiety and stress level to a great extent. A clean and tidy place will always give you a comfortable, clutter-free work environment. Having a positive, clean work environment will increase productivity and even employee retention!