Warehouse efficiency issues are a growing problem in the United States. Data from iBenchmarking Warehouse Performance indicates that less that 30% of existing warehouses are actually functioning optimally. In order to address these issues, warehouse management systems are recommended.
Warehouse Management Issues
Over the past 5 years, there have been an increasing number of warehouses constructed in the United States. Recent figures indicate that the number of warehouses has risen 6.8%, which points to the importance of having the appropriate type of warehouse management software to track inventory, accounts receivable, and accounts payable.
It is interesting to note that a considerable amount of capital is being tied up in warehouse inventories. In addition to existing inventory, (more…)