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Reusable transport items are an important part of nearly every operation. Whether you’re in the retail,
agriculture, or airline industry, the use of these items is critical to a successful and profitable business.
While the value of individual items such as a bin or tote may not be significant, its value within the operational
value chain can be significant.
But due to the often large volumes or the amount of activity of these items in operations, manual tracking methods
are either very costly or just not feasible. Yet, getting an accurate inventory count, knowing which customer it
was delivered to, how longs it’s been out, and when it returns is critical to success.
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Not knowing how much inventory you have on hand results in lost revenue and delays in customer order fulfillment.
In large DC and other environments, simply knowing that you have inventory on hand may not be sufficient – you also
need to be able to quickly locate it. Lack of inventory visibility can result in unnecessary new purchases and costs.
Delayed returns can greatly impact customer order fulfillment. It also results in unnecessary new purchases for
replenishments. Yet, not knowing where the items were sent to makes it difficult to hold customers accountable.
The tracking of returnables starts not
only with knowing how much inventory is in-house, but where it went, how long it’s been out, and when it
returned to the warehouse.
Do you know how often an asset is used and for how long? Asset utilization is key to maximizing profits and ROI.
Underutilized assets incur real and opportunistic costs. Not knowing how often an asset is used also impacts maintenance
frequencies and capital investment planning.
Agriculture
Airline
Automotive
Chemical
Retail
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