Reducing storage costs: coordinating supply chains and stock levels

Capital tied up in the warehouse

A company’s warehouse, and in particular the stock it holds, often ties up a considerable amount of capital. If you can plan more precisely here, this will have a positive effect on your company’s liquidity.

At the same time, better warehouse planning and organization of logistics will further reduce your operating costs. The reduction in storage costs also allows you to adapt more agilely to market fluctuations.

Manage stock with foresight

Foresight is essential when it comes to efficient warehouse management. It is particularly important to keep an eye on your stock levels at all times and to always have control over what stock is coming in and out of your warehouse. This is the only way you can recognize the need for action at an early stage and react to changing requirements in good time, e.g. due to sudden changes in demand or your customers’ ordering behaviour deviating from the norm.

There are several ways in which you can optimize your warehouse:

1. Warehouse planning and optimization
   Create efficient and flexible warehouse structures and use intelligent warehouse systems.
2. Technological integration and automation
   The use of modern technologies such as warehouse automation systems and driverless transport systems can make processes significantly more efficient.
3. Efficient inventory management
   Continuous monitoring and optimization of stock levels is important, e.g. to avoid overstocking.
4. Supply chain optimization
   Real-time information serves as an important basis for checking supply chains. Simulations can also be helpful in optimizing the supply chain, for example using a digital twin.
5. Continuous process improvement
   Logistics processes should be reviewed at regular intervals and optimized if necessary.

To meet this challenge, our experts are at your disposal with a wealth of experience and modern technologies. With smart solutions such as intelligent warehouse systems, warehouse management systems or supply chain network design we make it possible to optimize even complex warehouse requirements. They not only help with the basics, such as maintaining a certain minimum stock level or identifying stock-outs, but can also cleverly structure complex supply chains and networks for maximum efficiency.

Cleanly coordinated delivery processes: how to reduce storage costs

A holistic and forward-looking view is the be-all and end-all when it comes to optimally coordinating processes in the supply chain.

With our cross-industry expertise in warehousing and logistics, we help you to optimize your warehouse management and show you effective measures to reduce your storage costs.

The focus here is on warehouse planning and inventory management. The modern possibilities of a Digital Twin for simulation complete our offer for an all-round complete package for cost reduction.

Digital twin of logistics and supply chain

A digital twin of your processes can help you to effectively reduce storage costs at various points in the value chain – for example through intelligent inventory optimization or various options for supply chain optimization.

How we actually use our digital twin solutions depends entirely on your specific requirements. From implementation and modeling to the development and analysis of scenarios, we support you individually with our extensive experience across various industries.

Our approach is as follows:

• We define goals with the help of a readiness assessment and initial data analyses and develop a roadmap for implementation.
• We model and verify a concept that includes the required data sources and actual processes as well as suitable software and individual business intelligence dashboards.
• We evaluate scenarios with different components and develop implementation plans.

• We present a live visualization of the Digital Twin including model update and real-time dashboard.

Inventory management

Our customized inventory management solutions help you to reduce your storage costs and improve your company’s liquidity. With innovative strategies and a sound understanding of your needs, we optimize your inventory processes to ensure a smooth supply chain and maximum efficiency.

What we offer you:

• Developing an inventory strategy in line with your business objectives.
• As-is analysis of inventory, master data and relevant processes and identification of current weaknesses and quick wins.
• Inventory planning that shows optimization potential and the influence of each item.
• Risk management and ongoing risk analysis in order to be able to react precisely to short-term changes or disruptions in the supply chain.
• Inventory controlling to analyze optimization potential and validate the existing strategy.
• Project management and operational support during implementation, including staff training.

Warehouse planning

We help you to comprehensively optimize your warehouse management. Together, we identify untapped potential and use state-of-the-art methods to develop a tailor-made warehouse concept for your company that effectively increases your productivity and sustainably reduces your storage costs through an optimal layout and the right level of automation.

How we proceed:

• During structural planning, we create solution variants for warehouse organization as well as warehouse and conveyor technology, taking into account material flows and a well-founded profitability and utility value analysis.
• From this, we determine your individual degree of automation, plan your optimum warehouse layout and draw up a detailed implementation plan.
• We identify suitable warehouse technologies and integrate the technology concept into your system landscape.
• Smart Warehouse: We optimize the existing warehouse organization with intelligent warehouse systems and networked transport systems.
• We coordinate the entire tendering and awarding process.
• We provide full implementation support – from project management of warehouse planning to holistic change management, including training for your warehouse staff.