As a main component in logistics, warehousing management practices must be synchronized with supply chain operations. The warehousing side is focused on physical storage and inventory management in a designated storage facility. Logistics, on the other hand, is a general concept that includes planning and implementation of transportation, warehousing, storage, and inventory management of goods from the point of origin to the customer.
Warehousing and logistics efforts must be aligned to ensure efficiency in day-to-day operations. This alignment between warehousing and logistics in the supply chain occurs in:
A 3PL warehousing solution by NewStream can offer custom warehousing that integrates seamlessly with your current system. Alternately, we can manage your entire supply chain.
The main elements that must be considered in warehouse management are:
The benefits of warehouse management solutions for your business will ultimately come in the form of time and cost savings. Cost savings in warehousing and inventory management come from:
Partners are able to see time savings through improved synchronicity in the supply chain, continuity of production, regular flow of goods, reduced learning curve education, utilizing real-time data on inventory, and improved efficiencies.
In addition to the advantages of warehousing and storage mentioned above, NewStream offers unique industry differentiators that add further value. We provide inventory and warehousing proximity savings because of our centrally located facility in Missouri. We can ship to most locations in the continental US within 48 hours.
Because we are an employee-owned company, our warehouse employees are focused on efficiency, productivity, and accuracy. Plus, NewStream team members take part in financial-literacy training under a business operating system called “open-book management.” This way of doing business creates business transparency and provides incentives for employees to improve upon productivity and eliminate waste. As a result, NewStream’s highly engaged and productive team averages greater than 99% accuracy on all orders.