2020 is over now, and with all the disruption and uncertainty throughout the year, there were undoubtedly plenty of learning opportunities presented to business owners.
What did you learn? Where do you stand at the outset of this new year?
Do you have excess inventory? Have the circumstances of 2020 led you to have the wrong mix of SKUs in your warehouse? Have market conditions led you to have inappropriate storage mediums for what you are storing? Are you challenged to use current inventory management systems and slotting methods that maximize your profitability due to what we all just endured?
Did you have too little inventory? Based on experience from 2020, is your company increasing the amount of safety stock you keep to avoid potential future disruptions? Are you being challenged to cut down on fulfillment times to meet changing consumer expectations? Are you taking full advantage of the vertical and horizontal storage space within your facility?
With this new year ahead of us, there will undoubtedly be new challenges. Maybe you need to anticipate changes and disruptions for the coming year. Perhaps you need to adjust for adaptability and flexibility to avoid troubles in the future. Maybe you need a hand in determining where to go next in assessing your storage and fulfillment processes.
Rest assured that we are here to help. From integrating new and used warehouse equipment to introducing dynamic, technological, and automated solutions, to being that trusted partner to help navigate a project’s challenges, we have the solutions to get you to where your organization needs to be.