By improving your warehouses management, you will gain several advantages:
- Firstly, you will carry out more efficient purchases, thus you will relieve the pressure over the company’s cash flow, and you will optimise the investment of the working capital.
- Secondly, the product turnover will increase, and its obsolescence will be avoided. As a result, the product quality and the stock well-being will improve.
- Thirdly, the warehouses maps and locations will improve the productivity of the warehouse team, by making logistics processes quicker and saving time on the order preparation processes and placing of goods.
- Since the whole process is developed automatically administrative tasks will be reduced.
- Finally, costs will be optimised and the level of customer satisfaction will be higher.
Warehouse management is defined as the process of the logistics function responsible for the reception, storage and movement within the same warehouse to the point of consumption of any material – raw materials, semi-finished, finished, as well as the treatment and information of the generated data. Warehouse management aims to optimize a functional logistics area that operates in two flow stages, namely, supply and physical distribution, thus constituting the management of one of the most important activities for an organization to work.
The general objective of the warehouse management is to guarantee the continuous and timely supply of the materials and means of production required to ensure the services in an uninterrupted and rhythmic manner.
In the warehouse management, the Warehouse Manager and the Head of the Purchase Department would be involved.
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