Streamlining Warehouse Management With Digitization

14 July 2020

Helping customers address their most pressing challenges is one of our prime objectives at Intelizest. We seek to improve and find new solutions by experimenting with different techniques to assist our customers in achieving their business objectives. And how do we go about doing that? We set aside time for innovation as one of our practices.

An expected spike in the preference for digital transformation in the next 2 to 10 years will result in major changes in the way warehouses operate. As a result, the uptake of disruptive warehouse digitization will peak.

A smart and hyper-efficient system can be obtained by our iBWMS application which helps track, receive, pick and stock goods with minimal manual intervention. It supports the identification of conflicts such as inventory control, space usage, inefficient warehouse procedures, reduction of costs, time, and resource allocation.

Warehouse Digitization: The Future of Warehouse Management

Real-Time Data Gathering and Increased Interconnectivity

Future warehousing and supply chain systems will be everything but clouded. Blockchain has the potential to be a game-changer in terms of establishing transparency at all levels. This technology allows for the rapid and secure distribution of information, making real-time data interchange for warehouses efficient and transparent.

Blockchain would be incomplete, Without the Internet of Things (IoT) a critical technology. The Internet of Things (IoT) is a network of connected sensor devices (for example, for location, humidity, and temperature) that are connected via digital networks. These can collect and transmit data in real-time without human intervention.

Solutions for Warehouse Mobility

The transition from fixed desktop workstations to smartphones and mobile devices represents a significant step forward in warehouse efficiency. Today's technologies and apps significantly minimize walking time and enable warehouse workers to work and access data both within and outside the warehouse.

Today's warehouse mobile solutions can provide warehouse managers with the operational efficiency and processing power they require. Warehouse mobility is one of the safest investments you can make as long as it's well-planned and strategically match with operational demands.

Machine Learning and Smart Analytics

Warehouses are considered to play a crucial role in improving customer happiness, accurately forecasting product demand, and making better use of available resources. As a result, the demand for accurate forecasting and decision-making is increasing.

Predictive analytics can help with this. Predictive analytics analyses historical trends and makes forecasts using statistical approaches such as predictive modelling, big data, and data mining.

Predictive analytics combined with artificial intelligence (AI) can be extremely useful for advising optimal inventory levels, restocking inventory, enhancing operational efficiency, and optimizing warehouses in general.

The Human-Technology Relationship

The link between people and warehouse technology is one of the most noticeable elements of a digitized modern warehouse. This technology allows users to access a wide range of information in real-time, regardless of their location, surroundings, or physical limitations.

Through attaining effective connection with systems, technology such as smart glasses, augmented reality, and voice-enabled devices are growing more popular by the day. As a result, there will be better information flow, greater visibility, fewer mistake rates, improved safety, and higher service levels at lower operational costs.

Warehouse Automation

The process of automating the transportation of inventory into, within, and out of warehouses to consumers with little human intervention is known as warehouse automation.

Inventory Management in Real-Time

The highly successful condition of commerce puts a lot of pressure on warehouse managers to handle inventory more efficiently. They require greater inventory visibility and management. Smart sensors, RFID (Radio Frequency Identification), GPS, and other automatic identification systems give not only end-to-end inventory visibility but also operational information through the data collected by these sensors. This aids inventory management as well as enhances visibility and makes the warehouse safer.

Warehouse digitalization is a reality that the warehousing industry must come to terms with to sustain and thrive amongst the increasing competition and market pressures. Based on technology advancement, Intelizest has developed iBWMS to increase warehouse operational efficiency and improve inventory accuracy.

If you want to learn more about warehouse digitalization and optimizing warehouse processes using iBWMS, you can follow us on LinkedIn, YouTube or Twitter. If you have other inquiries or suggestions, don’t hesitate to contact us here. We’ll be happy to hear from you.

For more details on our Supply Chain products and Blockchain services, please reach out to our team at Intelizest.