The Evolution Of Warehousing In The Past Few Decade

There have been dramatic changes in warehousing in terms of inventory management, technological integration, and managerial efficiency. The warehouse has a great impact on every aspect of supply chain and profitability. Warehousing Space in Delhi now support many business ventures and use information technology to strengthen operational control and efficiently manage to warehouse.  

Inventory Management

As warehouses have grown in size and complexity, so has the need to manage materials in the most efficient way possible. Ten years ago, the processes now grouped under the term ‘inventory management’ were often handled by different departments, if they were addressed at all. The need to survey all materials, from production supplies to finished product, spurred the growth of the current inventory management model.

The larger, holistic approach to monitoring the supply chain flow of goods within the warehouse reduces overstock and shortages, both of which drain profits. No longer does one group supervise raw materials and other finished goods. Manufacturing processes have become much smoother. Moreover, increasing inventory turns to establish a thriving business.

Technological Integration

The astounding growth of technology has not overlooked warehousing. The days of workers just knowing by experience where materials were located and about how much was in stock are gone. The detail and broader scope of the current Warehouse Management Systems go far out beyond its rudimentary ancestor ten years ago.

Today a well-integrated WMS system includes a number of important communication systems, such as mobile computers, radios, barcode readers etc. for material handling and oversees the modern lightning speed processing.

Managerial Efficiency

The fastest gleaming equipment and the latest innovative WMS technology will not help run a warehouse well without skilled managers. This means more today than ever as warehouses have grown into a vital part of the supply chain instead of stand-alone structures.

A decade ago the warehouse was its own separate entity; now it is an integral part of the supply chain. As they increase in size and complexity, the next ten years will offer even more challenges and opportunities within the warehousing and storage industry.

One thing is certain in this world of uncertainty: we cannot afford to stand still. As Admiral Grace Hopper once said: 'The most damaging phrase in the English language is: “It’s always been done that way”'. Things are changing and as logisticians, we need to be ahead of the game.