Designing a warehouse that is organized and functional means selecting a storage system that meets your unique requirements. Because this can be a relatively significant capital investment, the system must fit with your warehouse floor plan and processes. Otherwise, it could impair your efficiency and throughput.
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Warehouses play an essential role in the supply chain. One that is efficiently organized will contribute to the business’s success and its bottom line. On the other hand, a less organized facility will hinder productivity, waste valuable space, increase costs, and jeopardize your customer service initiatives.
Retail e-commerce sales have reached new heights this year. In May 2021, the Census Bureau of the Department of Commerce announced that U.S. retail e-commerce sales for the first quarter of 2021 were at $215.0 billion. This figure represents an increase of 7.7 percent over the fourth quarter of 2020, and a whopping 39.1 percent more than the first quarter of 2020!
eCommerce third party logistics (3PL) fills a very specific need in the ecommerce industry by making it easier for e-retailers to get their products to customers efficiently. As behind-the-scenes partners, they have a direct impact on a seller’s customer service and profitability. They also allow sellers to focus on product development and business growth strategies.
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Ecommerce is growing, and customer expectations for accuracy and fast delivery are rising. Unfortunately, the workforce you rely on to meet these expectations may not be growing at the same rate.
A cursory check of industrial real estate sales prices in Florida is both enlightening and shocking. A "strategically located" 57,000-square-foot manufacturing facility in Hialeah is listed at $6,200,000, or around $109.00 per square foot. A 42,800-square-foot warehouse in Pompano Beach had an asking price of $7,800,000, over $182 per square foot. And a 20,900-square-foot industrial building in Miami was listed for $3,290,000, or approximately $158 per square foot.
Warehouse consolidation makes sense in the current COVID Pandemic climate. Fewer employees and more online potential requiring faster picks and shipments make managing multiple warehouses difficult and expensive.
Buying ASRS, new or used follow this guide
You’ve decided to take the plunge on an automated storage and retrieval system (ASRS) – great! They offer many advantages for warehouse inventory management and order fulfillment centers, manufacturers, equipment and automotive companies, logistics firms, and any organization that requires storage and quick access to records, supplies, parts, and tools.
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Checklist for Determining Whether a New or Used Vertical Lift Storage Unit is Best
Whether you choose a vertical lift module (VLM) or a horizontal or vertical carousel, you will receive the benefits of saved space, reduced labor costs, better picking accuracy, and improved inventory control. If you are looking to add an automated storage and retrieval system to your operations, you have probably evaluated which system, or perhaps a combination of systems, will meet your handling and picking needs.
Automated Storage and Retrieval Systems (ASRS)
Could ASRS speed up your services and fulfillment times? Read on to learn more about this exciting technology and five ways it could benefit your business.