Enhance warehouse visibility and productivity through DexoryView’s Trend Analytics feature
In warehouse operations, staying ahead of the curve is not just an advantage; it's a necessity. DexoryView, our cutting-edge warehouse intelligence platform, offers an array of features designed to optimise efficiency, reduce costs, and enhance operational resilience. One of the standout features that truly sets DexoryView apart is our Trend Analytics—a game-changer in real-time visibility and AI-powered actionable insights.
The essence of Trend Analytics
At its core, Trend Analytics in DexoryView provides a strategic view on warehouse performance, covering occupancy, inventory and efficiency KPIs over time. The feature has been co-created with warehouses in order to track, manage, and improve multiple aspects of your warehouse activities.
By leveraging historical trend analysis and real-time data capture, Trend Analytics empowers warehouse managers with the insights needed to make informed decisions, streamline processes, and maximise productivity.
Real-time space occupancy insights
Understanding space occupancy is crucial for optimising warehouse inventory storage and ensuring the efficient use of available space. For 3PL businesses, this is especially important as it enables businesses to onboard more customers effectively.
DexoryView's Trend Analytics provides detailed metrics such as:
1. Total locations occupied: Track the number of occupied locations and observe changes over time, for instance, "7,903 ↑1,213 (19%) over this period."
2. Space volume occupied: Gain insights into the volume of space occupied per location, helping in density analysis and and inventory allocation.
These metrics enable warehouse managers to make data-driven, strategic decisions about space utilisation, potentially increasing the capacity to handle more stock and customers.
Comprehensive inventory overview
Inventory management is the backbone of warehouse operations. Trend Analytics offers a detailed inventory overview with metrics such as:
1. Average new barcodes recorded: Keep track of new inventory entries, e.g., "580 ↓553 (73%) over this period."
2. Average missing barcodes: Assess over time the number of discrepancies between what’s in the warehouse and what the WMS reported
With these insights, managers can diagnose spikes in performance as well as monitor and take action based off longer term trends.
Enhancing operational efficiency
Operational efficiency is key to maintaining a competitive edge. DexoryView's Trend Analytics monitors key performance indicators like:
1. Inventory accuracy: Measures over time how accurate WMS records are against the actual state of the warehouse.
2. Put-away accuracy: Tracks correct placement of items in storage, improving efficiency and reducing search time.
3. Locations with incorrect barcodes: Indicates storage locations with barcode errors, helping to prevent outbound processing issues.
4. Locations requiring manual check: Highlights which locations need manual verification, reducing time and labour spent on checks.
By continuously providing these metrics, DexoryView helps identify bottlenecks and strategic areas for improvement, leading to faster put-away and outbound processes, reducing manual checks, and enhanced overall efficiency.
Achieving immediate and long-term benefits
DexoryView offers immediate and long-term value for warehouse operations. In the short term, the platform saves significant time by enabling daily inventory checks of 20,000 locations in under 2 hours, freeing up over 40 hours per week with automated cycle counts and reducing manual searches for misplaced goods.
Dexory enhances revenue recovery with improvements in inventory accuracy within a week, maintaining an average 99.9% accuracy rate.
Long-term benefits include optimised space planning for faster picking and put-away, data-driven decision-making through remote diagnosis and continuous improvements in accuracy and efficiency, leading to increased customer satisfaction.
Let’s talk it over
DexoryView's Trend Analytics is more than just a feature—it's a strategic asset that transforms how warehouses operate.
For more information and to see how DexoryView can benefit your specific setup, contact us for a full site survey: Book a demo