As you look at the operations of your warehouse you need to ask yourself is the warehouse making or losing money. As the business grows so will your warehouse. One needs to be faster, more efficient, complete orders with zero errors and always be organized.
We have compiled a few questions that you may think about to ensure that your warehouse is not hurting the business financially…
Can you be more efficient with picking orders? Are the high demand products located in the right location for rapid fulfillment? Do you have the right inventory or should you eliminate low margin products? Are your picking processes and fulfillment areas aligned together to ensure accurate orders? Are your product returns managed properly and how is this area treated in your warehouse? Are you utilizing software tools and are they aligned with our business operational goals? These are just a few questions that one needs to evaluate on a daily, weekly and monthly basis.
If you can’t come to a firm answer when you evaluate your warehouse – “Is my warehouse making or costing you money” – you need to take a step back and evaluate. Taking the time to manage and report on your operations can seem like a very difficult task but if your warehouse is losing money that is even worse.
In summary, evaluating your daily operations is mission critical to success. At Scout we are warehouse inventory experts and our proven mobile warehouse solution, topShelf will make a difference. Don’t let a warehouse be a burden to your business and implement strategies that will make you money.