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5 Principles of Effective Warehouse Management

If your business has a warehouse, then you’ll be aware of the importance of this facility as an essential part of the supply chain. A warehouse which is poorly managed means far more than just a weak link in the chain, however, as poor management can ultimately affect sales and therefore profits. The K8 warehouse management software system from Kerridge Commercial Systems can help your business achieve the 5 main principles of effective warehouse management.

  1. Keep optimum stock levels

Holding excess stock is costly, while not being able to fulfil orders fails to maximise profitability. The accurate and efficient receipt of stock and returns into a facility enhances warehouse management and K8 facilitates this. The ability to link into the platform’s function as stock management software means that it is easier than ever before to optimise stock levels at all times.

  1. Process sales orders speedily

The swift and accurate processing of sales orders doesn’t just happen at the point of sale, it starts way back in the warehouse, when sales orders are first lodged and filled in the storage facility. While K8 also acts as EPOS software, being able to enhance warehouse management further enables fast and accurate sales order processing.

  1. Control the movement and storage of materials

Accurate detailing of stock levels and the correct fulfilment of orders can only happen in a warehouse where both the storage and movement of stock is tightly controlled. K8 helps to model and manage the logical representation of the physical storage facilities, such as racking, bins etc.

  1. Process associated transactions efficiently

All transactions associated with the warehouse have to be processed efficiently for the supply chain to work well as a whole. This is another area the K8 warehouse management system can assist with, helping to process shipping, receiving, put-aways, picking and pick face replenishments.

  1. Link warehouse management to sales order processing

Given that warehouse management is a vital part of the supply chain, it is essential that it is linked to other operational areas such as sales order processing and logistics management in order to pick, pack and ship products out of the facility effectively and efficiently.

If achieving all five of these guiding principles of effective warehouse management seems a hard task, it isn’t with the advanced functionality of K8 from Kerridge Commercial Systems

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