This infographic talks about the challenges that product warehousing can bring and how to fix them.

1. Sources: netsuite.com/portal/resource/articles/inventory-management/inventory-management-challenges | industryweek.com/supply-chain/
warehousing-and-distribution/article/21965137/supply-chain-logistics-top-5-warehouse-challenges-and-how-to-overcome-them | deposco.com/
blog/13-shocking-supply-chain-statistics-you-wont-believe/
TOP CHALLENGES OF
PRODUCT WAREHOUSING
Ineffective warehouse management
Complexities in the supply chain
Inventory loss and problematic stock
Intensified competition
Outdated software and platforms
Inadequate order and inventory management
Inaccurate data and inconsistent tracking
Insufficient space or lack of layout utilization
Erratic changes in demand/economic shifts
Packaging wastefulness and design shortcomings
Update to cloud-based
inventory management
platforms with demand
forecasting tools and
automated reordering systems
with centralized tracking.
Implement mobile
productivity tools allowing
remote control of inventory
with cloud-based software.
Utilize stock auditing
processes to help provide
more accurate inventory data.
Go paperless with
digitized documentation.
Add distinctive imagery
throughout the database
to reduce human error.
Create inventory classifications
to update stock control
systems for monitoring
quantity and cost while
improving storage.
Reduce redundant processes
with barcode technology
and system-directed pick/put
away procedures.
Subcontract in-person
training, experts in inventory
management, etc.
Consult manufacturers of
custom-made packaging
machinery to increase
operation speed and meet
rising demands.
Design a more optimal
warehouse space to create
a streamlined workflow.
A survey revealed that 34% of companies lack insight
into supplier performance
46% of supply chain professionals continue to rely
on Excel spreadsheets
WAYS TO OVERCOME THE CHALLENGES