In the warehousing and logistics industry, many companies are turning to what’s known as cross-docking to improve efficiency and reduce their freight storage costs. Cross-docking refers to the idea of unloading shipments from an inbound vehicle and immediately loading them onto an outbound vehicle, thus eliminating the need for freight storage. Essentially, everything happens in the loading dock as your team focuses on just a few orders at a time. In a recent survey, 40 percent of warehouse managers said that cross-docking expedites delivery schedules and cuts shipping timelines. Continue reading
Seasonal fluctuations play an integral role in the warehousing and logistics industry. Regardless of what kinds of products you manage, demand is bound to change from month to month and season to season. From couples and singles on Valentine’s Day to summer vacation, back to school season and the traditional holiday shopping bonanza, nearly every industry falls prey to shifting demand. The 2019 holiday season is expected to see retail spending growth of 3.7 percent to $1.035 trillion, the highest on record. And Cyber Monday remains the busiest shopping day of the year.
Overstock inventory can cost retailers as much as $123.4 billion every year. As much as you want to avoid overstocking, it’s bound to happen from time to time as demand fluctuates. Even with a reliable data analytics program, forecasting future demand isn’t always an exact science. When your facility hangs on to extra inventory, your storage costs will go through the roof. To better manage your overstock inventory, utilize collapsible metal wire baskets. These containers help your facility stay flexible as inventory levels change over time. Continue reading
With warehouse rents on the rise, you need to be strategic in terms of how you utilize your warehouse space. Keeping your goods organized can help you increase efficiency, improve the flow and safety of your facility and decrease product sorting and order fulfillment errors. That’s why every warehouse should utilize metal bins for storage. These bins come in all shapes and styles, so you can easily find the right storage solution for your business. From large industrial items to fragile consumer goods, these containers will help you make the most of your warehouse. Learn about the many benefits of using wire metal bins for storage and transportation. Continue reading
With warehouse rents on the rise, you need to conserve as much space as possible in your warehouse if you want to lower your overhead expenses. Plastic bulk collapsible containers can help you do just that. They’re large enough to store some of your biggest products while helping you keep your warehouse organized to improve worker efficiency and space utilization. Continue reading
IBCs, or intermediate bulk containers, are large storage containers that are typically used for storing and transporting different kinds of liquids, including food, water, solvents, chemicals, detergents and other industrial liquids. If your business needs access to these types of liquids, find out about the many benefits of IBC totes. Continue reading
For online retailers, the average cost to fulfill an order is 70 percent of the average order value. You can simplify the order fulfillment process by changing the way you organize and manage your fulfillment center. Your facility will need to change over time as demand fluctuates and shoppers adjust their buying habits. Stack racks are the perfect solution for your order fulfillment center. They help you make the most of your facility, so you can retrieve items more efficiently and get orders out the door as fast as possible. Find out about the many benefits of stack racks. Continue reading