Your warehouse is the heart that dictates mediocrity and success of your ecommerce. This article will explore practical tips and strategies that will elevate your warehouse from mere storage space to the real engine behind your operations.
Identify relevant warehouse KPIs to track
First of all, it is essential to define the relevant Key Performance Indicators (KPIs) for your warehouse processes. Here are a few you should track to see if there are areas in need of improvement:
Warehouse receiving times and inventory accuracy will show you how well you are doing in terms of stock levels and inventory processing
Picking efficiency: a high picking efficiency percentage is the mirror of streamlined operations and customer satisfaction
Cycle time measures the total time it takes to complete an order from when it is received until it is shipped. For an ecommerce business, it is essential to maintain a low cycle time, because this reflects faster order fulfillment and ultimately high customer satisfaction.
Optimize warehouse layout
An optimized warehouse layout ensures that your team can work faster and more accurately. Thanks to warehouse slotting, organization of warehouse by SKU number and product types, as well as efficient shelving systems, you can pave the way for faster and more precise operations.
Your ally is a WMS software with real-time tracking
Transparency and traceability of products is an asset for an organization where items are constantly entering and exiting the warehouse. Knowing exact quantities and where your inventory is located reduces search times, labor costs, as well as delays associated with wrong inventory counts.
Automatic inventory replenishment
Automation is a life-saver, especially when dealing with large order volumes. This is why eLogy provides ecommerce businesses with a game-changing platform that offers a comprehensive view of inventory status, including the number of units on-hand, incoming shipments, and all the crucial information they need to function efficiently. Also, thanks to automatic reorder notifications your company will avoid the overstock or out of stock trap in a few clicks.
Minimize shipping errors by investing in enhanced fulfillment performance
Partnering with a 3PL is a way to achieve all-in-one solution.
If you lack the resources and knowledge to optimize your warehouse, consider partnering with a 3PL, which will offer the support and expertise you need to elevate your operations. A 3PL like eLogy provides you with cutting-edge technology to monitor and optimize your performance, coupled with advanced logistics operations to make sure you deliver on your promises. In this way, you gain access to an extensive network of warehouses and reliable carriers to expand your reach, improve delivery times, and save money.
If you want to eliminate slow lead times, reduce returns, and boost profits, partner with the experts who know how to refine your operations. eLogy is for ecommerce Excellence!
