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Managing Inventory in Manufacturing: The Role of Forklifts and Warehouse Management

09-03-2024 05:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ESBO ltd

Managing Inventory in Manufacturing: The Role of Forklifts

Efficient inventory management is crucial in manufacturing to minimise costs and delays while ensuring production continuity. Proper organisation and movement of raw materials, work-in-process goods, and finished products is key. Forklifts and warehouse management systems provide critical tools to optimise manufacturing inventory control.

The Role of Forklifts

Forklifts enable efficient inventory transport and storage in manufacturing facilities. Key uses of forklifts for inventory management, such as those available from https://www.lismanforklifts.com/en, include:
• Moving raw materials - Forklifts quickly transport pallets of raw materials from shipping and receiving to storage. This facilitates just-in-time delivery for production.
• Kitting parts for the production floor - Forklifts compile required parts and components into kits for assembly line use. This improves workflow and reduces line stoppages.
• Work-in-process movement - Forklifts transfer in-process goods between production steps and quality control checkpoints. This supports a smooth manufacturing sequence.
• Loading and unloading finished goods - Forklifts move completed products from the production floor into finished goods warehouse locations. This clears space for ongoing production.
• Optimising warehouse layouts - Forklifts allow flexible warehouse configurations with narrow aisles and high shelving to maximise storage density. This provides increased inventory capacity.
With their load carrying ability and manoeuvrability, forklifts enable inventory to be located wherever needed throughout a facility. Forklift types like reach trucks and turret trucks can access constrained spaces in warehouses. Specialised attachments like drum clamps and carpet poles also expand materials handling versatility.

Warehouse Management Systems

Warehouse management systems (WMS) provide software to track and manage inventory levels, locations, and movements. Key capabilities of a WMS include:
• Data collection - Automated scanning and data entry documents inventory at every stage. This provides real-time visibility into what raw materials, WIP, and finished goods are on hand.
• Location tracking - WMS assigns and records storage locations for each inventory item. This facilitates easy retrieval and space optimisation.
• Replenishment management - Inventory levels are monitored to trigger purchase orders and production runs when stocks get low. This prevents inventory gaps.
• Order processing - WMS handles order fulfilment efficiently by coordinating retrieval, packing, and loading processes. This improves shipping accuracy and speed.
• Reporting - Customisable dashboards provide insights into inventory turnover, capacity usage, stock-outs, and other metrics to guide operational improvements.

By leveraging warehouse technology, manufacturers gain greater control over inventory stocks to minimise carrying costs while avoiding production interruptions from material shortages.

An Integrated System

When utilised together, forklifts and warehouse management systems create an integrated solution to maximise manufacturing inventory management. Forklifts handle the physical storage and movement of materials, while WMS directs and tracks the inventory flow. This provides the oversight and agility to keep the right amount of the right items in the right place at the right time for efficient manufacturing operations.

The powerful combination of forklifts and WMS delivers robust and scalable inventory control capabilities tailored to a facility's specific manufacturing needs. Note that staff training is important when forklifts are used, as part of an employee on-boarding program. Regular refresher courses are also advisable.

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