Introduction
Over the years, storing of inventory has evolved in many places by bringing in more accurate, smart and better technology. While warehouse has always been a huge place for not just storing but also for managing continuously moving inventory. Warehouse management has seen many changes among them, smart warehouse is one. This type of warehouse is capable to maintain, store, move and organize huge number of goods with the minimum level of mistakes or any wrong placement.
Warehouse which is enabled with several automated and interconnected technologies which work together to increase the productivity and efficiency of the warehouse as well as minimizing the number of human workers while decreasing errors. It generally relies heavily on robotics, the Internet of Things (IoT) and artificial intelligence (AI) to allow technology to perform tasks — like managing inventory and locating products around the warehouse. The goal of smart warehouse systems is to provide companies with real-time visibility, enabling the optimization of processes and the ability to make instantaneous changes to improve operation speed
Technologies available
Predicted Scenario
Conclusion
After researching on various type of warehouse, team J.Hirani believes using a Warehouse with smart technology is the ultimate need of an hour. While the need for third party warehouse may differ from business size and type but the technology used in the Smart warehouse is needed in any type of business. Also smart warehouse helps in No wrong dispatch & No short or access inventory. Using smart warehouse will increase both – efficiency & effectivity.
Author:
Saurin Parikh, who has done Masters in International Business and Management Information System from Texas, is also a Certified Business Analyst. He started as a business analyst with Jagdish Hirani & Associated, is currently leading the core operations of transformation projects. He has wide experience in industries like home furnishing, diamond, tourism, food sectors etc. He is Observant, Conscious about facts, Patient, Positive, gives attention to detail and believes in total Completeness.
Success Mantra – “You have to touch ground (foundation) to make perfect organizations. Right methods with consistent approach are bound to yield results”
Saloni Surani, a Strategic Business Consultant, who pursued her Masters in Management & has an eclectic experience in J.Hirani with various industries like Manufacturing, Real Estates, Hospitality, FinTech, etc. A keen observer who silently achieves her goals and happily surprises everyone with the results. Adapting & learning new things has been her forte which helps her in getting new ideas always, anyone who wants to refresh their Values- just look at her
About J.hirani: J.hirani is a Strategic Transformation team which works as a growth partner for different organisations in various industries by providing services like Agile transformation, Scenario mapping, Strategic alignment, Balance scorecard, Digital transformation, Incubating new ventures, Operation excellence and Aligning human capital.
©J.Hirani, Smart Warehouse – Concept Note, December 2020. All rights reserved.