Digital Transformation to create On-Demand Warehousing
For a long time organisations have realised the importance of the logistics solution in its supply chain because of the crucial role it plays in gaining a competitive advantage. Warehouse Management is one of the critical elements within the logistics requirement that helps provide the visibility and transparency needed by all stakeholders to maintain that advantage.
With the recent boom of always-on e-commerce, the demand for faster responses and the need to manage a larger number of SKUs, with fewer errors, is exerting heavy pressure on warehouse managers for more efficient inventory management. Warehouses need to adapt to meet the standards required of an intelligent, efficient and automated, on-demand warehousing solution for storage and fulfilment.
The predicted surge in on-line consumerism and D2C business models means the preference for on-demand warehousing is only set to increase.
To support this First Digital specialises in Warehouse Digital Transformation that can deliver fundamental efficiencies, based on the way a Warehouse operates.
Warehouses are expected to play a key role in meeting and exceeding customer satisfaction, effectively predicting product demand and making better use of the resources at hand. As a result, the demand for forecasting and accurate decision making is on the rise. This means that warehouse businesses now need to interpret data trends to not only anticipate required stock levels but also to optimise warehouse capacity and asset utilisation in order to provide the most efficient response times.
An enemy of warehouse businesses is downtime that happens throughout the day missed throughput goals and inefficiencies in processes due to a lack of visibility.
First Digital uses Microsoft PowerBi to access multiple data sources to make use of data visualisation to spot data modelling, big data, and data correlation to analyse historical trends and make predictions about the future. These results can be very effective for recommending optimal inventory levels, when to replenishing and for increasing operational efficiency within the warehouse as a whole.
The transition from fixed desktop workstations to smartphones and mobile devices is one step forward to improving warehouse efficiency. Today, connected devices and customised apps, created in Microsoft PowerApps substantially improve connectivity and allow warehouse employees to work and access data on the go both within and outside of the warehouse.
In addition, the use of pictures and video, process tracking, cloud integration and video-conferencing, through software like Microsoft Teams open new opportunities that technology can bring to warehousing operations.
Warehouse process automation and the use of robotics to simplify the performance of manual tasks in much less time, with a lower cumulative cost can also offer much needed increased efficiency.
Digital Transformation is a reality that the warehousing industry is coming to terms with in order to sustain and thrive amongst increasing competition and changing market pressures.
The on-demand, smart warehouse, which once appeared only as a disruptive force, is likely to become the norm within the next few years. few years.
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