WISE – WAREHOUSE SLOTTING – improves: WORK BALANCING
By balancing activity across multiple pick areas based on the number of picks per day you reduce congestion in the areas. WISE will have the ability to review items by ABC and by the number of picks. WISE can then take a location range and spread out the items based on the number of picks. An example would be every 5th location place a high moving pick. Or you could set it up by having a round-robin of 3 A items 2 B Items…
WISE – WAREHOUSE SLOTTING – manages: SEASONAL ITEMS
This can be done by running a date range. You will capture a date range in WISE by item or product group and export it to an excel spreadsheet, where you will be able to show spikes and decline of items during a specific time frame.
SLOTTING – BY FORECASTING
Takes the sales projection by the month for an item and slots accordingly. The Royal 4 “current sales forecast tool” will provide the projected sales of items. If the item is new it can be used to calculate the usage, the same way we calculate number picks. If the item has picking historical data, we can then compare actual versus forecast, to come up with a blend for slotting.
ABC CLASSIFICATION PROCESS:
A number of data elements and inputs are required for an effective slotting algorithm, some can be calculated by the system and some need to be maintained by the user. The parameters include: From/To a range of Dates, Data Source using either Picking tasks or Packing tasks and Method: Number of Tasks or by Quantity. Inventory will be classified by ABC classification.