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How to reduce the costs of storing goods?

Among the key issues that have a direct impact on reducing the costs of storing goods in a warehouse there are such factors as the efficient use of warehouse space and knowledge of where individual products are located. Due to the need to optimize logistics costs and to constantly increase the efficiency of warehouse processes, more and more companies decide to implement specialized WMS systems that support the warehouse management.

Optimizing warehouse space = lower operating costs

WMS PINQUARK takes into account many complex factors while creating an optimal model for storing goods in a warehouse. Among them there are: the type, weight and size of products, the serial number, the most common customer purchasing patterns, seasonality or expiry dates of specific goods. The PINQUARK artificial intelligence algorithms analyze various variables and propose an optimal solution that allows you to maximize the use of storage space, minimize the number of unused storage places and minimize the time needed to place and retrieve products from warehouse racks - using bar codes and the possibilities of the PINQUARK application, the system develops optimal movement paths of staff around the warehouse, which significantly accelerates the processes of goods handling. Thanks to this functionality, WMS significantly increases the level of automation of warehouse processes, which translates into greater efficiency, lower operating costs and reduction of the risk of errors.
The innovative WMS PINQUARK system, which is based on artificial intelligence and the cloud, gives entrepreneurs the so far unattainable opportunity to reduce costs and increase the efficiency of key warehouse processes. The solution integrates, manages and controls the course of the most important operations taking place in the warehouse. Thanks to its extensive modules, it helps to optimize the use of the goods storage space and to introduce and maintain the identification order in the warehouse facility.
WMS PINQUARK also streamlines the inventory management based on the three storage methods:
  • FIFO (First In, First Out) - the most common method of goods storage, which assumes a continuous flow of goods;
  • LIFO (Last In, First Out) - the least frequently used storage technique, which is mainly used for the storage of non-aging goods;
  • FEFO (First Expired, First Out) - a method of storage according to which the goods with the shortest expiry date are first issued to the customer.

Logical warehouses

It is worth noting that PINQUARK allows you to create logical warehouses. This means that the company can virtually divide its warehouse into zones and logical areas that will differ, for example, in the methods of storing goods, the way of product turnover, the type of stored articles, possible warehouse operations or the belonging of the goods to a given customer (which is particularly important in the case of companies operating in the 3PL industry). The number of logical warehouses in the PINQUARK system is practically unlimited

The virtual division of the warehouse into many logically organized zones translates into the most effective use of its space, without the need to physically separate different zones for storing goods. The system enables any modification of logical warehouses during their implementation and at later stages of their use. PINQUARK increases the flexibility of the warehouse in adapting to quantitative and structural changes, enables effective management of warehouse space and gives full control over the flow of goods. It also allows you to increase the efficiency of processes that cause the most problems, such as returns and complaints - in order to facilitate the work of the warehouse, PINQUARK allows you to define logical areas that reflect the nature of specific warehouse operations, e.g. the goods returned by the customer may be physically located in the central warehouse, but in the system they will be located in another logical warehouse, thus the WMS will not allow for their use until the formalities are closed and the article is transferred to the appropriate logical warehouse.

When looking for an ideal WMS system, it is worth choosing a solution that will increase the efficiency of warehouse management and at the same time can be quickly and effectively implemented with minimal commitment on the part of the client and the service provider. PINQUARK is such a product. The system is available for sale in a subscription model at an affordable price. Customers get access to it immediately - without unnecessary formalities or time-consuming and costly implementations. If you want more information about the benefits of the WMS PINQUARK implementation, contact our experts today.
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