While fulfilling your e-commerce orders, supply chain plays a crucial role managing the warehouse. The measurements of supply chain can vary from daily basis depending on which factors need attention. Some factors indoor and outdoor of a warehouse play a major role in goals and intentions to maintain the status quo.
There are several factors that can improve supply chain process of a fulfillment center.
Maintaining Stock Volume (Outgoing & Incoming)
You can examine stock on daily, weekly, or monthly basis but broad data will be required to examine that background influences do not have a hand in those ultra-fine numbers. Imagine, for example, that your fulfilled orders for a certain item took a dip every so often for no discernable reason. You would likely chase this trend forward and examine customer demands, believing the pull side of the equation to be at fault. If you have total inventory volume data, however, you might see that the supplier for that product has an erratic fill history, and the dip has nothing to do with customer pull rates at all. Stable pyramids can’t be built point-down and remain balanced. You will need this broad swath of data to support finer detail and ensure that wide-scale improvements in your fulfillment center are set up for success. The small problems that constantly haunt warehouses — theft, damage, misplaced items, incorrect orders, poor pick times — all, on some level, filter back to items received to your facility from your supply chain, as well as where — and how — they were added into stock when they arrived.
By carefully measuring both incoming and outgoing stock volume, you’ll be in the right position to measure your warehouse efficiency at the base level. But your measurements can’t stop there.
Maintain A Good Relation With Suppliers
Supply chain performance measurement is about watching performance numbers in real-time along the entire supply chain. Keeping an eye on every link in your chain at all times can be almost impossible. If you trust your suppliers to do their jobs without checking in occasionally, you could be in for a surprise.
These check-ins don’t have to be overly formalized — even a casual conversation about the precisions of business and challenges facing their company can be incredibly insightful. But prepare yourself for the unpleasant discovery of “card holders” in your network, as well: supply chain partners that remain tight-lipped about any and everything that doesn’t involve your next order. While it’s not a universal constant, companies that keep transparency locked down often do so out of fear their vulnerabilities will be exposed. A strong, confident manufacturer or supplier should have no hesitations about surface-level questions into their financial health or future growth planning.
Put A Face To All Your Data
Without responsibility, data ceases to be a living part of your performance measurement. Numbers cannot explain how they rise or fall, they can’t offer insights into correction and they can’t indicate issues such as problem employees. Team members, however, most certainly can. When you build accountability into your data collection and implementation, you gain individuals or teams who can be approached directly for answers.
To make this change, start by asking for volunteers or assigning data to the most logical employees — those that have a direct hand in the facets of that data. This method will help you build a trustworthy, reliable network of reporting more naturally, one that’s up to enduring the many workflows inside your warehouse.