How to Use Your Warehouse Data to Improve Business Operations

Data. You either love it or hate it.

Yet, there’s no denying data can be extremely valuable in making business decisions, but the time needed to pour through mountains of reports is typically not a luxury afforded to management.

But one piece of information you should find time for is warehouse data. It will help you fully understand your business operations by providing more precise details and allow you to leverage this data to lowers costs, reduce waste, improve efficiency, and boost customer satisfaction.

The Value of Warehouse Data

Logistics challenges are nothing new. Businesses face them every day, whether it’s high costs, poor logistics execution, or slow distribution of goods to customers. Solutions to these challenges can be found in the warehouse data gathered by the warehouse management system (WMS).

This data can be used to:

- Identify best practices to streamline logistics operations.
- Share data with people throughout the supply chain and give them access to it.
- Make sound, real-time decisions.

Put Your Warehouse Data to Work for You

Just a WMS that gathers data isn’t going to benefit your business all that much. There needs to be reporting and analytical functions incorporated within your business operations to take advantage of what this data is telling you about your supply chain.

Here’s how to get started using your warehouse data to improve your business:

- **Create a business process management blueprint for your company.** By defining the manner in which your business works internally and externally, you will be able to use data to evolve and become a more dynamic company. A business that can adapt to change with ease will be more successful in increasing its productivity and competing on a grander scale.
- **Unite all the different systems currently being used throughout your entire supply chain.** Public warehouses are in the forefront of using a single platform system. For example, Brendamour Warehousing utilizes a sophisticated [WMS](https://brendamour.com/computerized-office/) that integrates inventory management, order tracking, distribution, and reporting into one real-time platform that is accessible to all authorized users 24/7. This approach not only delivers accurate data, but the analytics can be shared instantly with management so executive decisions can be made quickly to improve performance. Warehouse data can provide you with real-time order status updates and order fulfillment accuracy results, both essential for ensuring customer satisfaction.
- **Adopt rules for your hardware and software that your internal workforce, business partners, and vendors can agree to.** This is where the use of a third party logistics (3PL) provider comes in handy. All parties along your supply chain will use one warehouse management system. This means everyone is accessing the same business process management tools, allowing for more transparency and greater flexibility to change.

How Brendamour Can Help Your Company Become Data-Driven

As a 3PL public warehouse, Brendamour Warehousing, Distribution and Services is technologically equipped to provide its customers with continuous process improvement data. The capabilities of our warehouse management system enable businesses to turn their data into actionable steps to improve their operations.

With real-time insight into your company, your management team will have the tools necessary to modify operations and implement innovative solutions to adjust to business change or to grow the business.

In an ever growing environment of Big Data, the key to success for businesses is proper gathering, analysis, sharing, and utilization of key logistics data. If your business is showing signs of data underutilization, get in touch with Brendamour Warehousing to see how our state-of-the-art warehouse management system can improve your operating margins.