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Follow on Google News | Manage Replenishments for Better Warehouse Efficiency, According to QC Software ExecutiveThe inventory management system accurately tracks inventory and schedules replenishments to maintain safe inventory levels for order fulfillment. The results are improved productivity, lower costs and better forecasting.
By: QC Software When inventory levels fall too low, incomplete orders are re-routed or sent to an audit station for manual intervention. In some cases, the line stops while more inventory is transferred. If the levels are too high, additional storage space is needed. Either way, order fulfillment becomes less efficient. The cost of managing out-of-stock conditions can be high. Some workers remain idle while waiting for inventory to be delivered to their pick station. Other workers have to switch gears and interrupt their normal work assignment to retrieve the shorted inventory from storage. Some orders are delayed, which may result in sending overnight deliveries to meet deadlines, or even worse, failure to meet deadlines. In the end, there are additional labor and shipping costs and dissatisfied customers. The customer satisfaction factor cannot be overstated. The warehouse is key to providing the customer with the right product and quantity on time. Each step in the order fulfillment process must be synchronized to ensure expectations are met. Losing the customer’s trust means losing future orders. Once that happens, it becomes difficult to get a second chance. The inventory management system, a module of the warehouse control system, minimizes these issues. This software continuously monitors inventory at active pick locations and sends alerts when levels fall below an acceptable amount. It schedules planned replenishments based the company’s min/max criteria and priorities as well as product demand. For emergency situations, this application accommodates user directed replenishments. “An automated replenishment process is a cost effective way to maintain safe inventory levels and improve productivity. Ideally, replenishments should be scheduled and completed before picking begins,” states Rich Hite, President of QC Software, a leading provider of warehouse control software for the material handling industry. The inventory management system tracks all transfers, automatically makes inventory adjustments, and maintains accurate statistics on all locations. In effect, the company has real-time product visibility throughout the warehouse. This means more accurate planning and forecasting, thereby generating a higher return on investment. For over seventeen years, QC Software has delivered the results that help companies succeed. Their leading-edge software solutions provide the flexibility, visibility and control across warehouse operations that customers need to optimize resources and profitability. Through industry collaboration, customized training, and 24/7 support, QC Software ensures that each customer is fully leveraging their technology. In addition, QC Software helps customers develop a strategic focus to better manage new opportunities and future demands. End
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