Warehouse Consulting Services: Improve Your Inventory Management

When you or your business wants to improve your inventory management, what you need are . Generally speaking, warehouse consultants take charge of helping businesses enhance their warehousing operations.

Warehouse consultants can offer several types of services to improve how your warehouse works and functions. From revising and assessing your inventory management strategies to optimizing your warehouse’s layout and making your data more reliable, these consultants can help streamline efficiencies and promote higher control and cost savings levels in your business’ facilities.

In this guide and article, we are going to delve deeper into what warehouse consulting services are and why you should hire these service providers.

What Are Warehouse Consulting Services?

Warehouse consulting services employ storage coordinators who specialize in turnkey solutions for materials handling operators. They work with clients to maximize an existing warehouse design or assist with looking for and designing brand new warehouse spaces – from choosing a site to conceptualization and implementation.

These kinds of services answer the following questions:

  • “Our business is expanding. How much longer will our warehouse be able to cope, and what must we do next?”
  • “We have opted to move to a larger warehouse. How big does the warehouse need to be? How should it be laid out, and what are the costs?”
  • “Our warehouse operations were originally designed around B2B, but we are increasingly dealing with small, B2C orders as well. How do we configure these, so these are more productive?”
  • “Our warehouse operations have developed over time without really being “designed.” Can we undergo a warehouse review to benchmark its performance and point out improvement opportunities?”
  • “We are eyeing placing in a new warehouse management system or WMS. How do we obtain the right system at the right price and minimize implementation risk?”
  • “We need people to help us with our new warehouse right from concept through to go-live. Can your services cover this?”
  • “Ca we utilize automation or mechanization to improve productivity and mitigate labor supply issues?”

Why You Should Seek Help From Warehouse Consulting Service Providers

Now that you have learned what warehouse consulting service providers are and that they are actually good for your business, let us go further with our discussion to find out why you should seek help from warehouse consulting service providers. Here are the eight benefits of warehouse consulting services.

1. Make Social Distancing Possible

A warehouse consulting service has the power to make social distancing – among the most crucial concerns in warehouses today – simpler.

Warehouse consulting services use warehouse management systems, and these can enable employees to properly distance themselves as they work so they stay safe from the risks brought about by the COVID-19 pandemic.

Also, warehouse management software can account for distancing requirements among workers when assigning different tasks. The software can likewise design inventory placements and routes, so warehouse workers have little to no physical interaction without compromising their work.

2. Offer Real-Time Inventory Data

The data of warehouse consulting services gives workers the inventory details they need whenever they need them.

Since several warehouses double as eCommerce distribution centers, the business model of cross-docking, or “pallets in, pallets out,” is being replaced with the limelight on individual eCommerce delivery.

These services can read serial codes and track each product from when it arrives in the warehouse to its movement on the floor. As a result, this speeds up the outbound delivery procedure.

The inventory data will also help a company improve its industry reputation. These services also utilize scanning to improve pick accuracy, which in turn can help improve customer satisfaction and tick tasks off the to-do list. Moreover, a warehouse management system can likewise reduce the workload of a business.

The real-time cycling counting of warehouse management systems enables companies to skip a physical inventory every year. It has the details and information the business needs about how much product is in every location.

3. Reduce Operating Costs

Who doesn’t want this? A warehouse’s operating expenses are offset if staff can use a warehouse consulting service to calculate the best locations for materials, products, and equipment.

The system’s insight into the inventory can also help reduce operating costs. With better inventory visibility, the business’ just-in-time inventory reduces. The business saves money and finances since it does not need to store the items. With a warehouse consulting service with you, you also cut down on waste by implementing a first-in, first-out guideline, so the oldest perishables go out first.

4. Improve Demand Forecasts 

Warehouse consulting services also provide the business with more insights into future demand.

Because these services provide better inventory visibility, the demand forecasts of a company can be more accurate. In addition, these services can draw on current outbound and inbound movement of materials and a forecast’s historical trends. Once a warehouse has an accurate demand forecast, warehouse operators are able to maintain optimal levels of inventory.

5. Create Efficiencies For Specific Goals 

With you employing the right warehouse consulting service that utilizes the right warehouse management system, you can prioritize the most important for a given project. For instance, putting the best individuals in the most effective location, thus creating the most efficient routes in the warehouse or target for a specific time deadline.

These services utilize labor forecasting to assign the right workers to the right tools at the right times to perform necessary tasks more efficiently. Additionally, warehouse management’s simulators could also help. A modern system includes floor simulators that managers can use to plan the warehouse’s layout more efficiently.

Thus, with a warehouse consulting service with you, you can prioritize the most vital goals, whatever they are.

6. Improve Traceability 

A company can reap the benefits of warehouse consulting services during a crisis. How does this work?

Businesses can utilize warehouse consulting services to trace their inventories using serial and lot numbers. Companies need these data if recalls transpire. This information can particularly be crucial for particular industries.

You need the right warehouse management system to get you down to the exact order. If there are any questions about which area of the warehouse it was pulled from or the date that item came in, the warehouse consulting services system becomes the backbone of the recall exercise.

7. Enhance Employee Morale 

Warehouse consulting services also can improve the entire employee experience.

Its systems can automate manual and repetitive tasks within the warehouse, enhancing employee morale.

Automation carries the potential to make workers happier because they can use their time more efficiently, thereby also reducing overtime. Employees can go to their workplace and know what they are supposed to do and how long the tasks are supposed to take and get them done.

8. Enable Digital Transformation

Companies can employ warehouse consulting services to modernize operations in a way that otherwise would not be possible. But remember, that does not have to happen all at once.

A company can opt to implement its system in phases, so this business can grab the latest technology and innovations and operate as efficiently as possible.

The second phase of warehouse management system implementation can involve integrating this with other innovations, so it can share data, enabling the business to refine its warehouse operations better.

For instance, if an organization’s warehouse management system is cloud-based, the software can automatically update, enabling real-time efficiencies and visibility.

Choose The Right Warehouse Consulting Service For The Needs Of Your Business

Warehouse consulting services can help businesses maximize profitability and minimize errors. However, potential obstacles are present when getting started with a new management system, which can be daunting. Nevertheless, many companies can help you navigate these challenges and obtain the benefits that warehouse consulting services can provide.