A warehouse is a place to store inventory and a buffer in supply chains.
It serves to match product availability to consumer demand, its primary goal is to facilitate the movement of goods from suppliers to customers, meeting demand in the right time and at the right cost.
The processes of warehouse management remain the same since long ago : goods are received into the warehouse, orders are processed, replenishment is ensured, maybe some value-adding services are included and then products are dispatched.
Simulation can help on the challenging areas of today warehousing. These include:
- improving efficiency and productivity whilest reducing costs
- improving quality and accuracy
- reduced lead times to customers
- workforce optimisation