27
Oct
2017
Increased Warehouse Costs
You have high carrying costs.
Inventory is inaccurate.
Do you order items already in stock?
Uncertain how to determine what you purchase.
You often do a physical cycle count.
You have to shut down the warehouse.
It costs.
Uncertain where is the delta between actual inventory.
The system often says you have something that you don’t .
It is difficult to track time.
You need to identify specific inventory by lot or serial numbers.
You assign your own serial numbers.
Manually.
It takes much time.
It is error prone.
Uncertain what happens.
You carry inventory past its life cycle/expiration date.
Uncertain what are your write offs.
You are not ordering the correct items.
You cannot determine what to order.
Unknown average turn.
Uncertain how much does it cost to carry items that don’t move.
Uncertain to know what warehouse to have items shipped to.
You find you often transfer between warehouses.
Unknown costs.
The order desk takes orders for items that are out of stock or not enough inventory.
Uncertain how often.
Uncertain whether they can check across multiple warehouses.
Uncertain whether you can ship from alternate locations.
Uncertain what is in the warehouse but already committed.
Uncertain what is in transit.
Uncertain whether partial orders can be filled.
Uncertain whether it can be put on back order.
You are unable to offer substitutes.
Orders are canceled.
This causes inventory to remain in stock.
The order desk is unaware of promotions or special discounts for customers.
This costs your business.
This causes you to be overstocked on promotional items.
Tagged With: Costs
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