Explore the benefits of using Industry 4.0 principles to modernise your clients’ warehouse operations.
Industry 4.0 is changing the way businesses and enterprises operate. New technologies enable automation and data collection and analysis, making processes faster, more efficient, and cost-effective. And future-forward companies are extending those advances from the shop floor and production line to create not only Industry 4.0 operations but also Warehouse 4.0.
What is Warehouse 4.0?
Warehouse 4.0 (W4.0) is essentially the combination of Internet of Things (IoT), wearables, big data, data science, augmented reality (AR), artificial intelligence (AI), and low-cost sensors that work together to build robust and “smart” warehouse and distribution centres. Warehouses’ closed environments lend themselves to automation, streamlining receiving, picking, packing, and shipping processes and enhancing employees’ performance.
Warehouse 4.0 is more than implementing a warehouse management system (WMS). Instead, it’s creating a smart warehouse that reduces waste, saves time, increases accuracy, and consistently complies with company policies and procedures.
Modernising operations also has benefits beyond the four walls of the warehouse. Businesses can enhance relationships with customers with fast, flawless service. Additionally, data from a smart warehouse can keep supply chain partners informed of inventory and shipments, informing their forecasting and planning and allowing them to take action immediately if delays, stockouts, or other unexpected events occur.
Components of a Warehouse 4.0 Operation
To help your clients evolve into Warehouse 4.0 operations, consider how these technologies can work together to automate and optimise processes.
Benefits of the 4.0 Warehouse
Even a small step towards becoming a smart warehouse will significantly benefit your clients’ operations. Furthermore, a systematic, iterative approach that automates single processes and integrates them into the warehouse management system or enterprise resource planning system (ERP) can allow the warehouse team to see the benefits of a Warehouse 4.0 operation, increase buy-in, and stay within a business’s IT budget.
At each step, reduced costs and higher productivity will result in ROI, order quality, better service, and real-time visibility, making the warehouse more competitive and attractive to potential clients.
Educate your clients on the revolution that is leading to Warehouse 4.0 operations and the technologies that make it possible. Then, lay out a roadmap that will take them there.