A warehouse is a space where goods are temporarily stored. Warehouse workers divide this space into different locations and then store goods in these designated areas. When an order is received, the warehouse worker picks the order and processes it. In short, a warehouse is a place where a lot of work is done by both humans and machines. When you walk into a warehouse, reports and statistics may not be the first things that come to mind, but in reality, they are essential!
Why Are Statistics So Important for a Warehouse?
Every business wants to optimize its processes. If you store goods, you must also optimize your warehouse. Experience and common sense will get you far, but if you truly want to optimize operations, you need to use reports and statistics. A well-organized warehouse operates based on analyzed data.
Let’s take an example: some products sell better than others. Statistics help you identify these products. If you don’t analyze these statistics, chances are that popular products will be stored in locations that are far apart. As a result, warehouse workers will have to cover long distances while picking orders, wasting valuable time. With a report on popular products, you can identify fast-moving items and store them near the packing stations. An efficient picking route is crucial for a well-organized warehouse.
Of course, many other reports and statistics are available to optimize inventory management. These include reports on stock below minimum levels, dormant stock, inventory turnover, used locations, and backorders. These reports are crucial to ensuring warehouse continuity.
How Can I Generate Reports and Statistics?
First, you need to determine which reports and statistics you want to track. Then, you must gather the right data and apply the necessary formulas. However, manually processing this data takes a lot of time and requires constant monitoring. The risk of errors is high because warehouses are dynamic environments. Imagine having to manually update figures after every order or workday—it would be an impossible task! That’s why it’s best to use systems that automatically generate statistics. It’s a small investment with a high return on investment (ROI).
We always recommend using an inventory management system that includes detailed reports and statistics. These reports allow you to analyze data immediately, instead of spending hours manually processing figures.
Webship Online Provides Reports and Statistics!
Webship Online is an inventory management system that is ideal for e-commerce businesses, B2B warehouses, and more. This cloud-based application allows you to manage your warehouse in a clear and structured way. But Webship Online goes beyond simple inventory management. Our platform already provides essential statistical data, and our developers are continuously improving existing reports and creating new ones. Webship Online is the perfect combination of inventory management and data analysis!
Are you interested in Webship Online? Contact us at hallo@webship.be and request a live demo!
