Why is Real-time Reporting So Important to Warehouse and 3PL Operators?

• For logistics managers, seeing their operations in real-time is crucial to keeping their teams operating at peak efficiency. Real-time reporting gives managers the ability to react quicker to daily problems and opportunities as they arise, while providing a higher level of accountability for team members.
• A Warehouse Management System (WMS) with real-time reporting capabilities can help improve labor retention and performance, inventory accuracy, order fulfillment accuracy, resource allocation, operational decision making (both immediate and long-term strategy) and many other key warehouse functions.

What are the Benefits of Real-time Reporting

More Accurate Metrics and Improved Inventory Management

• Precise inventory levels
• Automated replenishment
• Cycle time measurement
• Units picked per hour and picking accuracy reporting
• Labor costs per unit

Tighter Inventory Control and Improved Order Fulfillment

• Proactive resource allocation
• Improved workflow
• Immediate response to errors
• Streamlined order processing
• Increased customer satisfaction
• Reduced return rate

Increased Visibility of Both Product and Employee Performance

• Real-time feedback on inventory and employee productivity
• The ability to make meaningful adjustments at the precise time needed
• Reduction in handling errors
• Increased safety through dynamic risk management

Build confidence in knowing your inventory accuracy by increasing the visibility of where your product is at any moment.

The Impact of Using a WMS with Real-time Reporting Capabilities

According to Tony Baldwin, one of SC Codeworks long-term experts in the field of logistics IT support services the difference from tracking operations on paper to spreadsheets to using a WMS is nothing short of night and day. Some industry reports show the use of a WMS improving inventory accuracy to more than 99% and order processing accuracy to 99.4%. The higher levels of accuracy attained through real-time reporting can help you achieve:

• Better decision making
• Enhanced risk management
• Long-term labor force loyalty
• Greater levels of efficiency
• Increased productivity
• Legendary customer satisfaction

Such improvements obviously translate to elevated productivity and profitability. Success in the warehousing and 3PL industries is clearly directly related to using the right tools for the right job. A WMS with Real-time reporting capabilities is an essential tool for success in any modern operation that plans to survive in today’s competitive market environment and prevail tomorrow!

Conclusion

SC Codeworks has developed code that makes real-time inventory as simple as pushing a button for configuration. We help operations teams see their workload and staff in real time as their day progresses.