ADVANCED WAREHOUSE DATA ANALYTICS

Scope

Our warehouse data analytics service encompasses the collection, preparation, analysis, and interpretation of warehouse-related data to drive business and operational improvements. Our Warehouse Consultants can cover the following:

  • Data Preparation: Understanding data nuances, consolidating multiple data sources, and helping to get your data more complete, clean, and organized so that you can use more advanced analytics and visualization tools.

  • Warehouse Performance Analysis: Evaluation of key performance indicators (KPIs) such as order accuracy, pick rates, inventory turnover, and cycle times to identify inefficiencies and improvement opportunities.

  • Inventory & Demand Analytics: Data-driven insights into stock levels, demand forecasting, and replenishment strategies to optimize inventory management.

  • Slotting & Space Utilization Optimization: Analysis of item velocity, product placement, and storage allocation to enhance picking efficiency and warehouse layout.

  • Dashboards & Reporting: Implementation of customized data visualization tools and reports to device the best operational solutions and provide actionable insights and tracking of warehouse and/or business performances. Analyses include data profiling, seasonality evaluation, customer profiling, order profiling, product velocities and trends,  network analysis, and more.

Objectives

  • Utilize data analytics to identify inefficiencies and opportunities for improvement in warehouse operations.

  • Improve decision-making through analytics and performance benchmarking.

  • Optimize inventory levels, storage allocation, and slotting strategies based on data-driven insights.

  • Provide visibility into warehouse / business performance through advanced reporting and visualization tools.

Deliverables

A comprehensive review of current warehouse / business performances, highlighting key findings relating to:

  • Understanding the historical and current trends of purchase orders, transfers, sales, production, inventory and transportation within the supply chain network

  • Assessing the transportation lanes, modes, and costs and evaluating savings opportunities

  • Determining the characteristics and purposes for the different inventory groups

  • Identifying supply and demand patterns

  • Categorizing inventory and customers based on sales volume to help businesses identify key revenue drivers and optimize resource allocation

  • Connecting customer service levels and inventory levels

  • Analyzing inventory regression and SKU affinity to identify interdependence between products

S-Model Analysis

Methodology

  1. Project Kickoff: Learn the business requirements and scope of the analysis.

  2. Gather & Analyze Data: Collect and analyze all required data pertaining to the operation and scope, both qualitative and quantitative. Validate the quantitative volumes to ensure data accuracy.

  3. Understand Operation: Learn the details behind the operation and how the volumes translate to the operational functions and processes.

  4. Build Customized Dashboard: Develop a comprehensive and interactive dashboard summarizing key business findings.

  5. Streamlined Information Gathering: Develop a simplified approach to collecting and refreshing data to provide up-to-date insights of key operational / business insights.

Why Establish?

Experience

With over 50 years of experience, we have developed our own proprietary Logistics Best Practices assessment and supply chain analytics tools and have designed and improved over 1,000 operations in almost every industry. Our consultants bring expertise to every project to ensure the analysis is representative, insightful, and draws useful conclusions of opportunities within your business/operation. Please visit our client page to view all our happy customers (https://www.establishinc.com/clients).

Established Tools and Methods

Establish’s Logistics Best Practices and proprietary data cleansing and profiling tool, Assign, are unique and can capture critical logistics insights. Along with other state-of-the-art tools, they put Establish in a great position to analytically capture actionable insights for any warehouse, logistics or business operation.

TOOLS & METHODS

Within warehousing, we are using state of the art tools and methods. Below you will find some of the more important tools.

Establish’s Logistics Best Practices™

Logistics and warehouse operations benchmarking tool

Assign™

Logistics data cleansing, profiling and network optimization software

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