7 Competitive Advantages Of Shifting To A Smart Warehouse

  • Sep 12 ,2023
  • /
  • by AWL India Pvt. Ltd.
7 Competitive Advantages Of Shifting To A Smart Warehouse

Earlier, warehouses were just considered to store raw materials and maintain inventories for a business company. However, today with the advancement of technology and logistics partners like AWL India, warehouses are turning into tech enabled smart warehouses that ensure smooth flow of goods, inventory control management, efficient order fulfilment, and flexibility within the supply chain. AWL India is one of the top warehouse providers in India that enables businesses with cutting edge technological capabilities that when used wisely can produce efficient and optimal logistics and warehousing operations for your business. With the most advanced technologies you can reduce the probability of human errors in your supply chain and simultaneously reduce shipping costs.

AWL India offers leading technologies like RFID tunnels, barcode scanners, hand held devices and other tracking technologies to keep you in the loop at every stage of the supply chain. Furthermore, the use of smart warehouses allows you to gain a better understanding of supply chain processes and inventories. At the same time, trusting the industry leaders like AWL India, you can be assured of your logistics and warehousing operations and can focus on other important activities of your business. AWL India offers innovative and smart storage solutions for all types of products, regardless of their production.

The Market Situation Of Logistics Industry

Logistics is a critical industry where businesses can acquire a major competitive edge over their competitors by using advanced technology. An increasing number of companies are understanding the potential of technology in the logistics industry lately. Moreover, e-commerce is expanding at an approximate rate of 20% per year. After the pandemic, the rise of e-commerce has drastically grown, changing the dynamics of supply chain and warehousing operations. Today, the warehouses utilise collaborative mobility robots, automated picking solutions, data analytic solutions, and warehouse management systems (WMS) to improve efficiency and meet their customer demands. Leading logistics companies like AWL India use the latest automation and robotics techniques to boost productivity and satisfy customer demands efficiently.

Willing To Shift To A Smart Warehouse? Here Are The Seven Competitive Advantages Of Shifting To Smart Warehouses 

Smart warehouses can provide you a number of advantages over traditional warehouses. With AWL India you can optimise your warehousing operations and can avail a smart warehouse according to your business requirements. AWL India enables businesses with smart warehouses and provides them with significant competitive advantages. Competitive advantage refers to the characteristics that provide a corporation an advantage over its competitors in the market. These characteristics can assist in lowering the cost of a product, persuade customers to pick one product over another, or even create barriers to entry for rivals. Here is a list of the seven major competitive advantages of shifting to a smart warehouse:

1. Rapid Order Processing

Order processing consumes a significant amount of time in a traditional warehouse. In traditional warehouses, workers used to spend a significant amount of time roaming about the floor picking items and processing orders. Human mistakes also create further delays in order processing, sorting, and packing. AWL India ensures zero human mistakes by using smart warehouse systems. Mobile robot collaboration and automated picking solutions cut order picking time and remove significant lead times for warehouse staff. These elements all contribute to faster order fulfilment. Shipping time is the second most significant purchase criteria for e-commerce customers, behind price. Faster shipment is a significant competitive advantage to emerge in today's e-commerce era.

2. Lower Scope of Errors

Regardless of how competent your crew is, human errors can occur throughout the manual picking process, and picking errors are unavoidable. AWL India offers smart warehouses to assist to decrease returns by drastically reducing picking mistakes. Increased order accuracy leads to higher levels of customer satisfaction and loyalty. Smart warehouses enable businesses to process earnings faster than traditional warehouses. Intelligent automation technologies may dramatically improve picking accuracy. Increased order accuracy lowers the cost of internally verifying and redoing orders.

3. Increased Use Of Warehousing Space

Smart warehouses can also improve warehouse space utilisation. Because of lower traffic and aisle congestion compared to traditional warehouses, mobile sorting and automated picking systems can allow for taller racks and narrower aisles, increasing the number of items that can be loaded and kept in the same area. With AWL India you can increase your warehouse space utilisation and lower total costs per unit sold. These cost savings can be passed on to customers in the form of cheaper pricing or increased profit margins for the operator.

4. Decreased Pricing Results From Lower Costs

Average labour expenses account for approximately two-thirds of warehouse operating costs, and warehousing industry wages have risen over the years. Smart warehouses eliminate the demand for human labour and improve warehouse worker performance, resulting in cheaper operating expenses. These cost savings may result in lower consumer costs for goods and services. Customers base their purchase decisions on the price of a product, and the capacity to provide cheaper pricing for comparable items is a substantial competitive advantage.

5. Order Processing Using Predictive Analytics

Advanced analytics and artificial intelligence are used by AWL India in its smart warehouses to better comprehend orders handled by warehouses. Future orders may be estimated using supply chain planning and order analysis. This predictability may be utilised to improve warehouse operations and prepare for demand spikes or reductions. The warehouse layout tailors automated picking robots and workers to the predictive model, resulting in faster order processing and transportation.

6. Customer Satisfaction

In today's world, when customers seldom contact directly with items in a shop, shipping, logistics, and bigger supply chain infrastructure play an important part in customer satisfaction. All of the advantages of a smart warehouse are for the sake of customer satisfaction. Every business desires faster shipment, reduced rates, and the avoidance of returns. AWL India offers smart warehouses that help in meeting consumer expectations and ensuring utmost customer satisfaction levels for your business.

7. Optimization Of The Warehouse

Enterprise software, analytical tools, and algorithms are now readily available. These technologies are used by AWL India in its smart warehouses to improve warehousing operations. AWL India uses smart warehouse tools and technology to enable your business to continually detect poor components and processes and give insights to inform changes.

Conclusion

These are the competitive advantages of shifting to a smart warehouse and contacting companies like AWL India that offer the best smart warehouses in the country. AWL India also measures key performance indicators (KPIs) and makes data-driven choices to enhance those metrics using smart warehouse solutions such as advanced warehouse analytics. Moreover, switching to a smart warehouse allows for continuous warehouse efficiency and development. With today's technology being more accessible than ever, warehouses of all sizes will inevitably migrate to smart warehouses. According to AWL India, the early adopters of this revolutionary technology can acquire a major competitive edge over their competitors in the market.

Also Read: Top 5 Smart Warehouse Technologies You Need For Your Warehouse

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