Best-in-class warehousing organizations share several common practices that help them rise above the competition — from making decisions based on real-time data to supporting operators with ongoing training. But just because these companies do it better doesn't mean they have to work harder. Instead, they work smarter by implementing these best practices with the help of technology.
An advanced telematics platform can help a company glean insights from big data that can improve operational efficiency. The right platform can also make big-data analysis easy to understand — and actionable. Warehouse managers thus have the opportunity to fine-tune operations and facilitate measures that will cut fleet costs, not service levels.
Best practices for better warehouse management
To improve how their warehouse operates, best-in-class organizations focus on 4 key details. Let's examine these areas of focus and how telematics can assist companies in driving organizational change.
1. Incremental savings
Small steps can add up to big savings. Proactive measures like completing repairs at the first sign of a problem can help you avoid costly equipment replacements in the future. Proper maintenance of your batteries, too, can reduce premature battery replacement. A telematics system can help with both — warning you when a service repair is required and monitoring battery usage and overall battery health.
Having a clear picture of your fleet and all operators is critical to maximizing efficiency. For instance, are all available vehicles being put to good use? Optimizing your vehicle pool can bring considerable cost benefits, and telematics can provide the necessary insights to make the proper adjustments.
Further, vehicle tracking through telematics can identify the exact location of each vehicle and driver, as well as recommendations for improvement. Real-time tracking discloses drivers who need additional training, potential labor reallocation, slotting optimization, and the fastest and safest route for product movement. Additionally, you can increase driver and fuel cost efficiencies by determining the shortest path or paths of less congestion.
3. Qualified, skilled operators
Cut costs, but never shortchange drivers with the help of telematics. Driver report cards provide insight into each operators’ strengths and weaknesses, so you can better match them to tasks that fit their skillsets. This not only makes your operations more efficient, it also makes the job easier for drivers by instantly delivering the information and training they need to succeed.
4. Working smarter — with the right technology
Telematics can put real-time information and analysis in your hands so you can boost efficiency. The right platform will easily integrate with your existing SMART systems, so you can assess the organization’s strengths and weaknesses. Telematics also removes the need for manual analysis because it learns by identifying patterns in behaviors throughout the warehouse. With this information, you can proactively prevent accidents, for example, by understanding how and why impacts typically occur in your operation.
About 65% of companies use big data to monitor equipment and assets, refining operating issues to help push their organizations toward best-in-class standards. Most focus on components that keep business moving — drivers, safety, training, and advanced telematic technologies that deliver actionable information.