In the highly competitive warehouse and distribution center industry, it’s more important than ever to minimize expenses and maximize profitability. Our electric material handling equipment helps you allocate valuable manpower more efficiently.
But that’s just a start. Here are some expert tips to reduce costs and optimize your bottom line.
Incorporate a Warehouse Management System (WMS)
How much do you really know about the effectiveness of individual employees? If you’re still using time cards and other old-school methods, the answer is, “not much.”
Warehouse management systems with labor management functionality offer reporting at a granular level that provides unprecedented amounts of data. All the information you need to spot problems is right at your fingertips.
Reduce Excess and Obsolete Inventory
– Discounts available with buying in bulk may be tempting, but it can actually be counterproductive due to increased storage costs. Review the warehouse layout and make any necessary changes to improve space utilization.
– Obsolete inventory also ties up capital and renders warehouse space unprofitable. Slow-moving items can be donated to charity, sold at a discount or disposed of in other creative ways that don’t result in a total loss.
Conduct Ongoing Tech Training
Access to technology isn’t enough. Workers need adequate training to ensure that they’re getting full functionality from tablets, scanners and other devices.
Establish a training program for both current and new employees. Online learning systems allow hands-on training and reduce costs of live training sessions.
DJ Products: Your Top Choice for Material Handling Equipment
Labor is your number one expense. Our battery-powered tugs, movers and pushers offer two-fold savings with more efficient manpower allocation and reduced workplace injuries.
Visit our website and chat with our friendly sales engineers to find the best solution for your specific needs.