VEYER’s Post

Which questions do we seek to answer when we optimize warehouses? You are absolutely right! These are all important questions to consider when optimizing warehouses: Product Routing: This refers to designing the most efficient path for picking, packing, and shipping goods within the warehouse. This involves optimizing the physical layout of the warehouse, considering factors like product location, picking sequences, and worker travel distances. How Much to Stock: Determining the optimal inventory levels for each product is crucial. Warehouses need to have enough stock to meet customer demand without facing stockouts, but also avoid overstocking which leads to wasted space and excess carrying costs. Which Products to Stock: Choosing the right product mix for the warehouse is important. This considers factors like demand patterns, product size and weight, and compatibility with other stored items. It's important to prioritize fast-moving items for easy access and allocate space based on product characteristics.

Inventory control comes at three different levels: store level distribution level buyer level Most of the time the only thing we control is what we have within our four walls. Just had my fiscal inventory: For the second year in a row we had over 96% on hand accuracy, 0.82% maxi to zero… with those results we are also the #1 volume store in our district getting closer to $3M every year… My team consists of Rock Stars that understand the concepts that I have tried to teach them and they know how to keep our operations in tip top shape. #advanceautoparts

Fixed Storage Locations Fixed and random locations are the two types of storage strategies commonly used in stores or warehouses. Each strategy has its pros and cons. I would like to share an example of a fixed location method that I learned and used, which is based on the ABC analysis of the frequency of orders. #inventorymanagement #inventoryanalysis #warehouseoperations

Location, Location, Location! Optimizing Warehouse Layout for Inventory Flow Hey retail fam! This week we're exploring the hidden world of your warehouse layout. Believe it or not, how you organize your stock can significantly impact inventory management. Here's how to create a warehouse that flows: ABC analysis in action: Place your high-demand (A) items closest to picking and packing zones for faster retrieval. The golden rule: Organize products logically, by category, size, or brand for easier navigation and reduced picking times. Vertical space matters: Utilize shelving and storage solutions to maximize your warehouse capacity without creating clutter. Leave room to breathe: Maintain designated walkways and clear zones to prevent congestion and ensure safe and efficient movement of staff and inventory. Bonus tip: Implement a clear labeling system for shelves and bins to make locating items a breeze. Share your warehouse layout hacks in the comments! Let's inspire each other to create warehouses that work smarter, not harder. #retail #inventorymanagement #warehouse #layout #optimization

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Discover the key to turning your inventory into sales! Check out this blog post from Belden's Steven Huck on tracking warehouse KPIs to optimize your operations and boost profitability. #inventorymanagement #industrialautomation #Belden #letsbuildthefuture

Retailers like Bargain Hunt face unique challenges when it comes to inventory management, distribution, and meeting customer demands. That’s why they turned to Averitt for a tailored solution to optimize their logistics operations. From efficient warehousing to timely delivery, our Distribution & Fulfillment services have helped Bargain Hunt streamline their supply chain and ensure seamless operations across their network of stores. 🔍 Curious how Averitt can help your business overcome supply chain challenges? Read the full case study here: https://lnkd.in/dp4ZcYgH

Ever See a “Sale” Sign and Think, “Why?” I saw a sale for boot mats. They have a regular price of $9.99, but it's slashed down to $5.99. This isn’t a sale. What it shows a problem in planning and execution. As an ops leader, you're no stranger to the domino effect one poor decision can have. Those gaps in process can impact your entire supply chain. Since every choice matters. Here are a few of the areas I work with my clients on to turn these challenges around: ✅ Cut Costs ✅ Excessive inventory is capital sitting idle. In 2024, it's crucial to balance inventory levels to optimize holding costs. Every penny counts. ✅ Use Space Well ✅ Too much or too little inventory at your warehouse or store is a problem. This screams misaligned buying decisions. Optimal use of space means efficiency and cost savings. ✅ Make It Flow ✅ Pricing affects demand. Wrong prices mean we sell more than we have, or hardly sell any at all. A solid pricing strategy keeps your supply chain calm and customers coming back. Every step in your process counts, and there's always room for improvement. We have to balance efficiency and profitability. Making informed, strategic decisions that improve your entire operation is the job. I love making operations better. So often, the opportunity is right in front of us. Not everything needs $100M system solutions to get wildly better. If you want to talk about making your operations smarter and saving more money, let’s chat. #inventorymanagement #warehousing #retail #logistics #supplychain #DoMoreSpendLess

A warehouse has a capacity of 4,800 pallet locations... How big is that warehouse? 🏢 At our Supply Chain Meetup on Friday a warehouse shared that they just added more pallet locations and can store up to 4,800 pallets.. Right of the bat Michael Schulte said, "Oh, so you have a "xx,000 Sq/Ft warehouse then?" And he was right!! ✅ I love connecting with people that have a passion for their craft! Michael Schulte works at Intralog and optimizes warehouse layouts. This was my first time meeting Michael in person and I could tell that he is passionate about his role in supply chain. I guess he has a built in pallet to SQ/FT conversion calculator... 🤯 What's your guess? What size warehouse do you need to fit 4,800 pallet locations?