Slotting Strategies to Impact Your Bottom Line
Strategic warehouse slotting, also know as product slotting, is easily one of the best tools for maximizing available space and output. Warehouse slotting optimizes the product placement in the warehouse based on item popularity (pick frequency) and cubic movement. Slotting strategies are aimed at increasing the utilization of two key warehouse assets: space and labor. If you can implement a slotting strategy that not only maximizes costly cube space but also reduces labor costs by between 15% – 30%, you've hit a home run.
SKU Slotting Advantages:
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Increase putaway, picking productivity (less travel/search)
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Reduce replenishment cycle times
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Balance workloads across zones, aisles, and pick areas
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Increase employee safety
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Maximize storage capacity
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Reduce product damage
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Improve overall inventory management
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Reduce fulfillment cycle time and improve customer service
Slotting will establish the Golden Zone i.e., the ideal storage location for each item designed to optimize picking. The fastest-moving items are concentrated closest to the packing area to reduce travel and promote quick picking. As inventory turns get slower the stock is positioned further from the packing area.
Custom Slotting Strategy for Your Inventory & Order Processing Needs
Inventory and fulfillment needs will dictate the slotting strategy that will most effectively meet your processing goals. Items will be grouped and positioned strategically depending on the type and turn rates to reduce travel times and therefore labor expenses while also maximizing storage capacity and cube space use. Inventory can be grouped in a number of different ways:
- By Commonality
- By Size
- By Popularity
- By Inventory
- By Vendor
- By Store Aisle
Apex Automation - Delivering Custom, Cost-Effective Slotting Results
The Apex Automation Solutions team has extensive experience across a variety of industries in developing slotting methodologies and implementing the strategies to make them work. All our solutions are customized to individual inventory, labor force, order processing and facility space. We strive to use as much of your existing storage and processing equipment as possible. We also have access to an extensive new and used pallet racking inventory supply that allows us to deliver the most cost-effective results. Call the Apex team today to schedule a free consultation.
Learn more about Apex warehouse slotting methodologies & techniques.
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