Just as crucial as choosing or removing a product from inventory is the act of getting it into inventory. A facility can promote quicker and more precise selection by having a strong slotting plan for receiving and storing items.
Slotting is the idea of employing data analysis to give each component a defined place based on its unique characteristics. Despite the complexity of the effort needed in placing objects in a storage system, there are four fundamental issues at its core:
The most crucial aspect of slotting is matching an object with the proper storage apparatus. However, businesses frequently answer this query by utilizing their current storage procedures.
Carousels, racks, and drawer cabinets are just a few of the equipment choices. With only a few storage zones, most storage systems can function effectively. It is crucial to examine each component separately and consider how much space is needed and how frequently that component is utilized.
The response to this query will often be “as few as possible.” As a general guideline, it’s best to maintain a 20-day supply on hand for medium-sized and medium-velocity stock-keeping units (SKUs) kept on horizontal carousels. Without needing to be restocked frequently, this number gives an adequate amount of stock.
It is easier to load data and avoid “paralysis by analysis” when there are fewer cell sizes, which also makes it possible to add random storage.
Place the objects that move more quickly in compartments with convenient access. Examining the storage facilities is essential to determining whether storing fast movers there would be tactically advantageous.
If so, figure out how to get your quickest movers into those cells in the most effective way. It is frequently a good idea to defer this action until you have completed your slotting exercise at least in part so that you are aware of how many of each cell size will be available.
Although slotting a whole warehouse is a significant task, the benefits far exceed the time commitment. When done correctly, slotting may help with a variety of lean goals, including lowering stock levels, eliminating outdated inventory, and lowering part retrieval times to increase flow.
Start by concentrating on the goods that move through your warehouse the quickest. Make sure you are keeping them in an effective manner, both in terms of number and placement, and evaluate the process’s immediate advantages. You’ll soon achieve complete slotting success.