Visualizing inventory movements with charts and graphs

///, Warehouse Management/Visualizing inventory movements with charts and graphs

An inventory management system that uses data collection devices can turn physical activities into digital information. Warehouse employees should report product quantities, distribution movements and item location using handheld tools. The numbers coming out of processes may benefit future operations if a company knows how to put the data to work.

Turning daily warehouse numbers into visual images is a great way to make information usable and relatable. Charts and graphs clearly indicated progress or mistakes, and visual images are easier to share with audiences.

Putting data to work
A company can use a mobile warehouse inventory management system so workers have access to the information they need to pick and prepare orders. Using mobile devices, an employee can consult inventory layout designs and product details. Warehouse staff should use the same technology to report their activities.

Some companies are wary of an onslaught of data from daily routines. Readwrite, a technology blog, used recent Gartner survey results to argue modern businesses collect information they don’t know what to do with. Most companies have begun data collecting initiatives and are now trying to figure out how to effectively put the materials to use.

Charting numbers in a visual display is sometimes a good analytical first step. Warehouse managers should pick a single aspect of operations and graph progress over a specified amount of time. An individual project will display how real-time data collection tools function and could inspire ideas for future use.

Spotting trends
Visual representation of daily inventory operations should provide insight into where a company is successful and what employees can do to improve. Charts and graphs are helpful because managers can actually see the differences in activities and products.

Data users should assign each piece of inventory its own visual indicator like a set of colors. Charts can segment information based on price, popularity, location or size. Watching the interplay of colors is sometimes easier than trying to spot trends in text or data sheets. Physical inventory counts performed with mobile devices like NAV barcoding tools ensure management teams create documents with accurate real-time numbers.

Sourcing Journal explained how a company utilized segmented product information displayed in graphs and charts to project consumer spending in upcoming seasons. The business could see which products had higher turnover rates and prepare supplies accordingly.

Communicating with other departments
Presenting information in different ways could assist warehouse managers who communicate with company members not overly familiar with inventory operations. Graphs and charts provide insight into complicated systems.

Marketing teams often use visual educational content to communicate business practices to outside audiences. The B2B Marketing News Network said textual information supported by images is easier to understand and remember. If a warehouse manager has crucial date to deliver to business decision makers, graphs and charts can ensure the details don’t get lost in translation.

Visual representation of daily data allows warehouse teams to share inventory insights with the entire company. By using every communication method available, the employees in charge of product movement can make sure they contribute to overall operations.

Warehouse managers looking for more inventory data options should download the Physical Inventory Count Dynamics NAV Module Data Sheet today.