How to Optimize Warehouse with Inventory Management System
by Intellinet Jan 30, 2019
In OEMs warehouse work process are considered as the back office process. But it’s front for the consumers, because it enable OEMs and dealers to serve better every time.
This way OEMs and dealers can impress customers and also retain those customers. It will help in easily win over the new ones. But due to bad services like, item is out of stock or shipped much later than expected will surely result in loss of customers.
These are the reasons why it is so important for OEMs to optimize inventory. To achieve success in this, OEMs need to adopt software like illustrated Part CatalogSoftware that will help in optimization. Also, there are some settings that that are needed to be automated to win over customers. And, the automation solution is illustrated part catalog. Let’s have a look:
1. Barcode System
According to today business process scenario, OEMs and dealers should have barcode system, as it will help in identifying and tracking the product easily. Without this, warehouse staff will find it difficult and they will spend a lot of hours to locate a product to ship out. In addition to all this, barcode system will speed up the pick and pack process, enable you to perform cycle counts, ensuring that your inventory numbers are accurate.
2. Optimize Inventory
Demand forecasting requires a look at prior year sales history and then combines it with forthcoming sales that your team is predicting will come in—usually in CRM. This will ensure OEMs to have enough room in their warehouse for best-selling parts. Order too much of a less popular item and that slow-moving stock are now taking the place of fast-moving, high-margin products that are in demand. Avoid this scenario and see your margins increase.
3. Stock Tracking
If OEMs don’t have this feature; they need to get it. In today’s fast-moving economy, illustrated part catalogsoftware has true business advantage. Once you choose this platform, assured about the easy work process and tracking of goods at every level. Also, no need to train employees as the interface is very easy to use. If OEMs implement this, it will make warehouse and back office teams more efficient and productive.
4. Optimize Receiving of Goods
Use illustrated part catalog software to issue digitized purchase orders and receive goods as quickly as they arrive. Scan barcodes and apply the appropriate labeling to get them stocked quickly. Don’t let receivables wait for long, as if the demand is of any popular item that is not readily available, then dealers may lose that customer simply because it took you too long to receive and shelve it.
By ensuring proper safety OEMs will face very less error. Illustrated part catalogue is full safe and easy to use, and consists of right safety measures to make overall process safe.
If you’re able to implement illustrated part catalogsoftware right out the gate, you’re on track towards a highly optimized warehouse, which helps lend to happier customers. And we all know a happy customer is likely to be a returning customer.Looking for a cloud-based software to help you optimize your warehouse inventory management system? Intellinet is the industry’s first enterprise-grade, affordable business platform that helps you run your wholesale, distribution or digital commerce business. Switch to Intellinet illustrated part catalog and optimize your operations, unify data and better serve every customer from single dashboard. For more details about the same, connect to www.intellinetsystem.com