Digital transformation requires new digital business models for companies that want to remain profitable and maintain their market position. Like most industries, transportation and logistics are currently facing a number of important changes, which bring both risks and many opportunities: new technologies, changing customer expectations and new business models. Thus, logistics companies are facing an era of unprecedented change, as digitalization is required and customer expectations evolve.
Specialists in the field of logistics say that in the next five years we will see a significant increase in the segment of adopting digital solutions in this sector, and the changes will be made following major investments. In the digital age, the logistics industry needs to assess and adapt to the possibilities and opportunities offered by technology. Estimates of digitalization spending are estimated at $ 9.4 billion worldwide in the coming years.
As you grow your business, it is imperative that you rethink your operating model so that the supply chain satisfies a larger volume of orders and distributes faster. By implementing software solutions dedicated to the logistics industry, you can improve your efficiency and benefit from competitive advantages, while expanding your business.
For long-term development, you need an integrated approach and the correct identification of the steps you need to take in modernizing and digitalizing your warehouse, as well as software solutions to support your future development, not just for now.
Workflow segmentation
When it comes to optimizing processes and workflows, you actually need to answer the question: How do we get the customer to buy from us? It’s not that simple, is it? You need to invest in the warehouse, have the product in stock, have no inventory errors and you must also have a great price. In order to do all this, you need to optimize all the processes in the warehouse – in a word, to work efficiently. The simpler and clearer the processes, the easier and faster you can make things.
You need to configure the ideal workflows. This first step allows you to identify the points where flows or staff often get stuck, so you can refine your technology strategy for a higher level of efficiency. Make a list of all blockages with maximum details (for example, how many extra steps or seconds it takes to collect, pack, or take the products to the storage location).
Then let’s discuss all these issues together and find the solutions and equipment you can use to solve each problem.
Opt for a state-of-the-art WMS solution
The scalability of the solutions and equipment used in the warehouse are the key elements to ensure the efficiency of the activity as the demand increases. Equipping the warehouse with the most suitable solutions is the first step in improving productivity and efficiency and eliminating costly errors and delays in order delivery.
Warehouse staff can keep up with the increase in workload and acceleration requirements, only if they have the appropriate technologies at their disposal. Investing in appropriate technical support solutions and services will allow you to keep your total cost of ownership low, which will have a positive impact on your profit.
FluxVision WMS helps you become profitable
FluxVision is the Warehouse Management System application developed on the SocrateCloud platform and is the first WMS cloud solution in Romania and among the first in Europe. FluxVision WMS automates warehouse activities and optimizes storage space, providing multiple functionalities designed to increase operator performance. The system transforms and organizes the way the warehouse works, ensuring complete traceability and rapid adaptation to market changes.
Key figures for FluxVision WMS
Within the implementation projects in warehouses or distribution networks that use the FluxVision WMS solution, data were recorded such as:
- 12,000 pallets delivered weekly from a single warehouse
- 45,000 (SKU) items administered
- Integrated and managed warehouse network from a single location; that is, in warehouses they operate only on mobile terminals, PCs exist only at headquarters
- 3rd Party Logistic (3PL) delivery network with 150 customers totaling 40,000 orders per month
- The shortest implementation was only 21 hours over 5 days
- The largest distribution network managed with FluxVision WMS has 350 work points