Warehouse management has evolved greatly in the last couple of years, thanks to real-time analytics and the Internet of Things. But, 2018 will likely bring an even greater rise in smarter warehouse management and data analysis.
It is simply the next step in this big data evolution. More companies, to remain competitive and keep up with customer expectations, will get on board with the latest in real-time analytics and management software.
What is important to these companies as they step forward?
- Real-time analytics for customers and the companies serving them
- Extended sensors, connectivity, and intelligence to material handling and packaging
- Shelf sensors that know inventory levels and content
With more information comes the need for better analysis, connected to all the moving parts of your organization. Tomorrow’s warehouse wants actionable information as fast as possible to reduce expenses that are not necessary along the supply chain.
In other words, “Don’t just tell me what is wrong — tell me what is needed and what to do next!”
What big data & telematics software can do for a warehouse in 2018
Now, with the latest advancements in telematics software platforms, big data offers you greater opportunities — no advanced analytical skills required. Here are 4 things telematics can do for you.
1. Provide detailed tracking and documentation
This can ease the stress of meeting increased demands for supply chain transparency. A telematic monitoring and documentation platform can thoroughly address all challenges, creating transparency of operations with:
- forklift access control
- equipment and operator tracking
- continuous inventory tracking down to the square foot
2. Merge seamlessly with current management systems
You want all your monitoring and documentations systems to speak to each other and give you a complete picture. New telematics software is designed to merge seamlessly with existing product systems, offering software and hardware designed for the specific needs of the material-handling industry.
3. Include cloud-hosting services, combined with a cellular connectivity option
This provides a cost-effective alternative and faster deployment without having to gain IT approval for Wi-Fi network access.
- Wherever you are, actionable, real-time information is always available.
- Once a problem is identified, you can quickly focus your time on a solution. This improves warehouse productivity and safety.
4. Offer a flexible, customized solution for your business
Your platform can be configured so that you can quickly access data that focuses on KPIs and objectives specific to your business. Smart warehousing in 2018 demands flexible and expandable systems that offer enhanced data management, reporting, and easy-to-understand analysis tools.
Your smart warehouse system in 2018
In the coming year, interactive and easy-to-run reports should identify areas of your warehouse in need of action — such as improved driver training, labor reallocation, and slotting optimization.
If leveraging big data with ease is part of your 2018 business objectives, look for a telematics platform that does it for you. Seek a customizable “dashboard”, which provides “at-a-glance” real-time, self-service insights into fleet operations and all aspects of productivity.