New Year Resolution – Smart Strategies for a Smart Warehouse

New Year Resolution – Smart Strategies for a Smart Warehouse

Picture this – it’s a crisp morning in January, and you stand at the entrance of your warehouse, eager to kick off another year of growth for your business. The dawn of a new year is the perfect opportunity to reflect on past achievements and set the stage for transformative changes. As the world of logistics and warehousing continues to evolve at a rapid pace, it is our firm belief that the resolution for 2024 should be to embrace smart strategies for a smarter warehouse. Let’s delve into the 4 key trends, backed by compelling statistics, that are reshaping the landscape for warehouse managers, logistics professionals, 3PL managers, Ecommerce Managers, Fulfillment Managers and many others engaged in supply chain.

Embracing Automation and Robotics

In a recent study conducted by Statista, the global warehouse automation market was valued at over 23 billion U.S. dollars in 2023. It is expected that the market will grow at a CAGR of about 15 percent in the following years and reach the size of 41 billion U.S. dollars in 2027, a testament to the accelerating demand for streamlined operations. As we bid farewell to static storage technologies, the emphasis on automation and robotics becomes paramount. By integrating Automated Guided Vehicles (AGVs) and Autonomous Mobile Robots (AMRs) into your warehouse fleet, you not only boost efficiency but also enhance the overall safety of your team. These technologies offer a dynamic solution for material handling, allowing for swift adaptability to changing demands.

AMR Autonomous Mobile Robot Handling Pallets

Picking Technologies that Redefine Speed and Accuracy

Accurate and speedy order fulfillment is the cornerstone of customer satisfaction, and in the evolving landscape of ecommerce, these two aspects of supply chain have become non-negotiable. According to a report by McKinsey, warehouses equipped with advanced state-of-the-art picking technologies experience a 20% increase in order accuracy. Imagine the impact on your bottom line when every package is delivered correctly the first time. Modern solutions, such as advanced Pick-to-Light technology and Pick/Put Walls, are reshaping the picking process, reducing errors, and ensuring your customers receive their orders promptly and accurately.

Fast Fetch Pick to Light / Put to Light / Pick Wall

Responsive Warehousing in the Age of Ecommerce

In the era of one-click shopping and next-day delivery expectations, responsiveness is a key differentiator for warehouse managers. A study by Deloitte highlights that companies with highly responsive supply chains grow revenue 10% faster and reduce costs by 30% more than their peers. This New Year, consider the implementation of Automation and Robotics, combined with appropriate Warehouse Execution Systems (WES) that can seamlessly integrate with your existing infrastructure, optimizing task prioritization, resource allocation, and order fulfillment. Responsive warehouses not only meet customer expectations but also stay ahead of market trends.

Optimizing Footprint and Reducing Costs

An increase in order volume or expansion of operations and SKUs, often prompts the need for more warehouse space. However, since warehouse space has been at a premium for some time now, the resolution for 2024 is to optimize within your existing footprint. By reassessing and redesigning your current layout, as well as deploying new solutions like high-density automated storage systems, you can maximize vertical space and reduce the need for extensive horizontal expansion. This strategic approach not only curtails costs associated with additional square footage but also enhances overall operational efficiency.

Automated Storage and Retrieval System

Conclusion

As you embark on this journey to build a smarter warehouse in 2024, remember that the right partner can make all the difference. ABCO Systems is a material handling integrator company with a proven record of incorporating cutting-edge automation, robotics, and picking technologies, thereby empowering your team to achieve higher accuracy, responsiveness, and growth – all within your existing footprint. Make this New Year resolution not just a commitment to change but a promise to revolutionize your warehouse for sustained success. Here’s to a year of smart strategies and smarter warehouses!

Beyond Racking: Unveiling High-Density Storage Solutions

Beyond Racking: Unveiling High-Density Storage Solutions

In the world of modern warehousing, the demand for optimized space utilization is a constant challenge. Traditional racking systems have long been the mainstay in the warehousing industry, providing reliable and robust storage solutions. However, as operational demands surge and available space is at a premium, the quest for more space-efficient solutions becomes imperative. High-density storage technologies offer an array of solutions for businesses seeking to maximize their warehousing operations. In this blogpost, we delve deeper into the subject of high-density storage, revealing its potential to revolutionize your processes.

The Dilemma of Space and Efficiency

Efficiency and space utilization are integral elements of warehousing success. High-density storage solutions offer the elusive answer to this space-efficiency conundrum. These innovative systems are meticulously designed to do more than merely expand capacity; they also prioritize accessibility, organization, and efficiency.

Pushback Racking: Dynamic Optimization

Among the unsung heroes of high-density storage is pushback racking. Distinct from traditional pallet racking, pushback systems permit multiple pallets to be stored within a single lane. This dynamic storage system hinges on specially designed carts and rails that facilitate the sliding of pallets into the system as new ones are loaded. It not only optimizes space, but it also significantly enhances accessibility, making it an adaptable choice for high-velocity goods.

Pallet Shuttle

Pallet Shuttle Systems: Efficiency Redefined

Pallet shuttle systems represent another hidden gem within high-density storage, offering an efficient and cost-effective way to store large quantities of goods. These systems employ motorized shuttles that transport pallets within deep storage lanes. By eliminating the need for forklifts to enter the storage lanes, shuttle systems save time, reduce labor costs, and dramatically optimize the warehousing operations. These systems are also configurable and customizable, allowing users to tailor them to their specific needs. They can be used in a variety of applications and are designed to be compatible with existing racking and shelving, making them an ideal solution for those looking to upgrade their existing storage solutions.

Very Narrow Aisle System

Very Narrow Aisle (VNA) Solutions: Precision in Cramped Quarters

For situations where every inch of space is critical, Very Narrow Aisle (VNA) solutions provide an answer. These systems, coupled with specialized turret forklifts, function in aisles that are substantially narrower than those required by traditional racking systems. VNA designs make optimal use of vertical space while ensuring that each pallet position remains easily accessible. They represent the ultimate choice for those seeking to optimize storage within tight confines and make the most out of the available warehouse square footage.

Automated Storage and Retrieval System

Automated Retrieval: The Fusion of Precision and Speed

To harness the full potential of high-density storage, automation is the key. Automated storage and retrieval systems (AS/RS) work seamlessly with high-density storage solutions, delivering unparalleled precision and speed. These systems transport products directly to operators, eliminating the need for manual retrieval. AS/RS systems are highly efficient and reliable, allowing for rapid product movement and provide the ability to respond to orders faster and in a more cost-effective way.

The automation of storage and retrieval processes also offers distinct advantages when it comes to inventory management. Automation means that products can be tracked extremely accurately as they move through the warehouse, providing real-time visibility into inventory levels. This allows companies to react quickly to changes in demand, ensuring that they always have the right amount of stock on hand, while achieving unparalleled accuracy and speed when handling the inventory.

 

The Route to Space Optimization

High-density storage solutions can be your gateway to space optimization and heightened efficiency. By embracing these innovative systems, you open the door to a more organized, streamlined, and cost-effective warehousing operation. Here are several tips to set you on the path:

Assess Your Needs: Commence by evaluating your current storage requirements and the constraints of your warehousing space. This initial step will help you ascertain the specific high-density solution that best aligns with your demands.

Seek Expert Guidance: High-density storage is not a one-size-fits-all remedy. Collaborate with experts who possess a comprehensive understanding of your industry and its unique challenges. Their expertise can be invaluable in designing a tailored solution.

Plan for Growth: Ensure that the high-density solution you choose can accommodate your projected growth. High-density storage represents an investment in your future, one that should be scalable to meet your evolving needs.

Invest in Employee Training: Implement comprehensive training programs to ensure that your employees are well-versed in the new system. Proper training will result in safer and more efficient operations.

Establish a Maintenance Routine: High-density storage solutions, like any other machinery, necessitate regular maintenance. Develop a schedule for routine maintenance to ensure your system operates at its optimal performance level.

The potential for more efficient, organized, and space-optimized warehousing operations is within reach. By partnering with ABCO, you can explore a world beyond traditional racking and position your business for growth and success even in the challenging landscape of economic uncertainty. Reach out to us today to get started!

 

Enhance Safety with Automation

Enhance Safety with Automation

Safety is of paramount importance in any warehousing operation. At ABCO Systems, we understand the gravity of this responsibility, and as a leading material handling integrator company, we take it upon ourselves to champion the cause of workplace safety. With this white paper, we aim to shed light on the transformative impact of automated material handling equipment in creating a safer work environment for all. Contact us today to learn how we can help you create a safer working environment.

Click the “Able Approved” icon to download the “Enhancing Safety in Warehousing Operations: The Role of Automated Material Handling Equipment” – White Paper.

Efficiency and Cost Cutting with Goods to Person Systems

Efficiency and Cost Cutting with Goods to Person Systems

Technology has transformed how goods are transported and tracked in logistics and supply chain management. Customers demand a fast, efficient, and cost-effective supply chain, which is why the supply chain industry has seen the rise of Goods to Person (GTP) technology.

GTP technology is a revolutionary concept in logistics and supply chain management that has transformed the delivery process by bringing goods directly to the pickers rather than the other way around. In this blog post, we explore Goods to Person (GTP) technology in more detail and discuss how it can help solve many problems supply chain professionals face. This innovative technology presents numerous benefits to supply chain and logistics professionals, enabling them to simultaneously handle more orders and reduce costs. This blog post will explore the benefits of using GTP technology and how it can help businesses increase efficiency and reduce operational costs.

The Rise of Goods to Person (GTP) Technology

Goods to Person (GTP) technology has been around for quite some time but has continued to gain traction in the logistics and supply chain industry. This technology has revolutionized how goods are transported and delivered, providing numerous benefits to supply chain professionals.

GTP technology uses automated systems to bring goods directly to the pickers rather than requiring pickers to travel across the warehouse to retrieve the goods. This technology allows quicker and more efficient processes, resulting in faster delivery times.

The Benefits of Goods to Person (GTP) Technology

GTP technology provides numerous benefits to logistics and supply chain professionals. For instance, it helps to eliminate the need for manual handling, thereby reducing the risk of workplace injuries. Additionally, GTP technology improves accuracy and reduces the time to pick and pack products, ultimately leading to efficient and cost-effective supply chain solutions.

Moreover, GTP technology reduces the time wasted walking through warehouses. Because the machine can do the heavy lifting, workers can be utilized for other essential tasks, such as quality control or customer service. As a result, GTP technology helps supply chain companies improve productivity, cut costs, and increase profitability.

Improved Efficiency in Picking and Order Fulfillment

Traditionally, the picking process in warehouses and distribution centers has been a manual task where workers walk around the warehouse searching for products. This process can be time-consuming and can lead to errors that result in delays and misplaced orders. GTP technology automates the picking process, allowing workers to remain in one place while products are brought to them. The result is improved efficiency in picking, eliminating errors, and speeding up order fulfillment.

Cost Savings in Labor

GTP technology dramatically reduces the number of workers needed to handle products. With GTP technology, workers can take more orders quickly, saving labor costs. In addition, the technology can work 24/7 without needing breaks or rest, reducing the cost of shift work.

Increased Safety

GTP technology eliminates the need for workers to move around the warehouse or distribution center, reducing the risk of accidents and injuries. Providing a safer and more secure working environment reduces the risk of legal action or compensation claims.

More Efficient Use of Warehouse Space

GTP technology maximizes the use of warehouse space by storing products in compact carousels, shelves, and bins, optimizing the use of space and increasing storage in smaller areas. Companies can save on rental space, reduce their carbon footprint, and reduce their environmental impact by reducing their warehouse size.

Improved Productivity and Customer Satisfaction

With GTP technology, companies can handle more orders in a shorter time, leading to improved productivity, faster order delivery, reduced customer waiting time, and improved customer satisfaction. Improved customer satisfaction can lead to increased orders, repeat business, and higher revenue.

Integrating GTP Technology with Other Transport Solutions

GTP technology can be easily integrated with other transport solutions like automated guided vehicles (AGVs) and automated storage and retrieval systems (ASRS) to provide even better results. By integrating GTP technology with other transport solutions, suppliers can streamline their supply chains and accelerate the delivery of products altogether.

Moreover, GTP technology can be integrated with other technologies, such as Radio Frequency Identification (RFID) tags, picking modules, and warehouse management systems (WMS) to fully optimize the supply chain delivery process.

The Future of GTP Technology

GTP technology is relatively new in the logistics and supply chain industry and is still evolving. However, experts predict that it is one of the most promising technologies in the industry. Automated technology will likely play a more significant role in supply chain management due to its effectiveness in reducing costs and increasing productivity.

What Does This Mean For Me?

Goods to Person (GTP) technology has revolutionized warehouse and distribution center operations, reducing operational costs, improving efficiency, and increasing worker safety. By providing advanced solutions for the picking and transporting of products in warehouses and factories, GTP technology is changing the way supply chain processes work. The benefits of GTP technology are numerous, including increased accuracy, reduced risk of workplace injuries, increased productivity, cost savings, and, ultimately, faster delivery times. Companies implementing GTP technology into their supply chains stand the best chance of maintaining a sustainable competitive advantage in the market as technology continues to evolve.

GTP is only one of the myriad of technologies that ABCO Systems offers as a Systems Integrator for warehouse automation. Download our GTP infographic that summarizes the various aspects of GTP technology. You can also see this technology in person by scheduling a visit to our Showroom and Training Center.

GOODS TO PERSON Infographic

Image courtesy of Exotec