7 Useful Tips
Diwali is here; the bonus months for retailers and businesses are on the way; during this time, the profit margins reach the height of two-three folds.
But at one point, all these come with a huge influx in demand for various products. The question is, have you started prepping for such a surge? If not, then start planning for smooth logistic transportation.
The festive season may be a logistic headache, but if you handle it smartly, it is fun with lots of profits. So make your warehouse ready for this festive season by just following seven simple tips.
Ensuring your warehouse is loaded with all the required inventory is not enough; you need a fully trained workforce and preparedness to avoid untoward incidents. Here are some tips that you can follow to make your warehouse festive-ready this Diwali.
Can your staff handle such an influx single-handedly? No, and obviously it would be overwhelming for them. Moreover, you can’t increase their working hours drastically, as their workload is already high.
Not hiring a seasonal workforce can only lead to chaos and inefficiency, which could lead to losses.
So, don’t wait and hire seasonal workers to bring more efficiency to your warehouse. Hiring them would fasten the
The additional workforce will also make it less hectic for your current workers, which indirectly increases their productivity. You can hire extra pickers, packers, labellers, and warehouse managers.
Let’s assume you hired twice the workforce, but your warehouse is still inefficient, and your business lags behind your competitors. What went wrong? The reason is the lack of training for your employees.
Hiring more is not enough. You have to train your workforce (both seasonal and current) to maintain your warehouse efficiency and make it more effective.
Of course, your new workforce needs to know all the tools and technology to handle the additional demands skillfully. This can be done by providing them with additional skill training.
Some special skill training offers holiday packages which include special training to handle the peak seasons.
Along with you, make your warehouses smarter too. Festive seasons are hectic; your staff must complete numerous orders on time.
In such conditions, the warehouse management system comes to help a lot. Utilising such a system can streamline all your warehouse operations and keep you updated with inventory in real time.
So you can sell only items which are available in the stock or can be saved from the dead stock.
You can also utilise a cloud-based blockchain facility to ensure all the logistic operations are working seamlessly or not. This includes receiving a product to deliver it to the consumers’ doorsteps.
There is always an increase in demand during the festive season, but how much should you prepare? Do you have any ideas?
It’s simple. Review your last year's sales during the peak season, and see which of your products was in demand then.
This will help you to
Along with reviewing the previous year’s sales, you can also see the latest flow projections to have better insight. Have a small meeting with the sales and marketing team to update the latest market trends before ordering the stock.
But keep in mind this festive season peak is only for a limited amount of time, so be prepared to take full advantage of it.
Is your warehouse ready to accommodate double inventories? In festive seasons, business owners order more inventories than usual, so it is wise to ensure that your warehouse has enough space to hold this inventory.
You can make enough space by
An important reminder! Optimise your space before prepping your warehouse for the festive season to ensure you have enough space to store products.
You may be fully ready for the festive season, but are you ready for another challenge that comes with it: reverse logistics?
After the end of the festival, you might get hundreds of return or replacement requests. And be ready to face this challenge, so that your warehouse efficiency and productivity are not affected.
Moreover, considering returns will also make your customers happy, which will level you up in customer service.
But keep in mind, as on-time and next-day delivery are in trend, your customers are likely to have faster processing for their return shipment.
Increasing the efficiency of reverse logistics is the easiest way to value your customers, and increase their loyalty to your brand.
Maybe, you have done everything right, from optimising the warehouse to stocking the inventory. But what if your equipment stops functioning in the middle of the season? Or did your shelves break? Or worse, your warehouse turns into a junkyard?
All possibilities can stress you out and slow the logistic operations, which is a big NO during peak season. So what to do in such a situation is simply maintain the warehouse beforehand.
As we are at the edge of the festive season, get your warehouse ready for the challenges. Just following above mentioned tips can make your logistics operations smooth like butter. And you will witness how your performance rates skyrocketed.
TIPS : Mark all the changes and challenges you face during the festive seasons and their outcomes. Make notes for this; it will help you properly strategize for the upcoming year.
Prime Associates is a well-known name in the warehousing industry for providing modern-day logistic solutions to our clients. All our warehouses are equipped with world-class amenities and well-built infrastructure to meet your different business needs.
We offer our warehouses at prime locations of Kheda, Surat, to explore different opportunities for businesses.
Prime Associates also offers guidance to run your logistic operations smoothly during normal or even peak seasons. So what are you waiting for? Take advantage of Prime Associates’ world-class facilities this Festive season, and prosper your business with Prime.
Prime Associates wishes you a happy, prosperous, and safe Diwali!
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