Inventory Management: How To Prepare Your Warehouse

The world of e-commerce is becoming increasingly more complex, especially along the #supplychain. Business operators are confronted with numerous questions as they grow rapidly.

• Where should I sell my product?
• What is the best country to source my goods from?
• How do I handle the kitting and packaging of my products?
• How do I fulfill my products?

One of the most asked questions, however is "how will I manage my inventory correctly." This article addresses those #ecommerce brands prepping their warehouse for automated #inventorymanagement. Before implementing a software or procedures, Luminous recommends the following:

Clean the warehouse

Make sure aisles are clear by storing loose products into locations on storage racks

• Discard any items that are not needed for fulfilling orders (this includes packaging and products that will not be sold/sent out again)
• If you have not yet purchased storage racks, this would be the time to do so

2. Decide on a Warehouse Location Naming Convention

• Most companies use numbers, letters, or a combination of both to indicate the aisle, column, bay, specific bin locations, etc.

3. Apply barcodes to the locations

The preparation of your warehouse for #inventory tracking will pay dividends as you begin managing inventory in bulk. This also provides a great baseline off which your warehouse employees can operate. Don't overlook the small details when cleaning and labeling your #warehouse.

#inventorymanagement #wms #ecommerceoptimization #supplychainmanagement #saas #forecasting