Warehousing

Warehousing in Logistics and Supply-Chain Management

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:

• Warehouse staffing
• Buying patterns
• Transportation window times
• Scheduling pickups and deliveries

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.

Elements of Warehousing

The main elements that must be considered in warehouse management are:

• Receiving - Receiving and unloading inbound goods
• Putaway - Taking goods from receiving to their appropriate storage
• Storage - Utilizing warehouse space to store goods
• Inventory audit - Confirming that records match the physical count of goods
• Picking - Fetching goods from storage to fill orders
• Packaging - Protecting goods for safe transit
• Sorting - Arranging different SKUs for storage and picking
• Shipping - Dock loading and checking goods for transport

Advantages of Warehousing and Storage

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:

• Increased order accuracy
• Reduced overhead
• Reduced inventory holding costs
• Reduced transportation costs
• Ability to adapt to fluctuating market demands
• Reduced investment risk
• Increased customer satisfaction
• Increased space availability
• Reduced equipment usage
• Efficiency improvements
• Protection of valuable goods

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.

Added Benefits of Warehousing and Logistics with NewStream

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.