Retail, catalog and eCommerce businesses face many challenges, particularly when it comes to warehouse management and distribution. Implementing a few warehouse cost saving strategies can help your company lower your cost per order, improve service levels, and reduce turnaround time. Here are a few examples:
- Strategy: Evaluate your warehouse space to understand how your layout and product storage can be used more productively by your staff.
- Strategy: Lower your labor cost by reviewing your hiring, retention and training practices so you can retain your best employees.
- Strategy: Process merchandise returns more efficiently so that customers have a good experience with your company, and these processes are easier to handle.
By developing warehouse strategies, your company can reduce warehouse costs and improve efficiency – which will increase your bottom line.