With velocity slotting, using ABC analysis at the item and location level and user-configurable Business Rules, IRMS recommends inventory placement in such a way as to minimize material handling and travel.
Advantages
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Optimize Product Placement
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Increase Warehouse Productivity
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Decrease Stock Handling
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Maximize Warehouse Space
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Fill Orders Faster
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Reduce Operational Costs
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According to industry analysts, direct labor in the warehouse -- loading, unloading, Picking, Packing, etc. -- accounts for approximately 40% of labor activity. The other 60% is taken up by "travel time." That is, traveling back and forth across the warehouse to perform the work.
IRMS employs proven methods for reducing this unproductive traveling, including Task Interleaving, serpentine picking and |
velocity slotting. With velocity slotting, using ABC analysis at the item and location level and user-configurable Business Rules, IRMS recommends inventory placement in such a way as to minimize material handling and travel, resulting in an average 30% productivity improvement.
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