In today’s highly competitive environment, a major part of expanding a business successfully is to keep track of new and emerging technologies that will revolutionize the niche a business is in. Future of inventory management andwarehouse management requires integration of automation and warehouse management software. Mobile technologies help to update the current level of inventory on real time basis and monitoring the KPIs of the warehouse.

Warehouse management is a high-level process that is not at the mercy of other function’s doings; it should be well-integrated into other supply chain planning processes including sales forecast, production and operations planning, master production scheduling, warehousing throughput and supply action management. Inventory and warehouse managers should support multiple business objectives and should have business integrated targets related to inventory levels, customer service levels and total warehouse costs.

Warehouse automation continues to grow for improved efficiency and systems effectiveness. The warehouse manager needs to act like an air traffic controller, effectively collaborating with his management peers to guide and coordinate their processes together in a way that leads to optimized inventory results. They should be able to update safety stock and be able to collaborate on improvement initiatives related to lead-time optimization, supply and demand variability, and supply chain agility. It’s important for the warehouse manager to have strong analytic skills and a deep understanding of modern warehouse practices and supply chain management. As a successful inventory and warehouse manager, he will understand how to meet his targets without negative consequences in other areas of the business.