ROI of voice picking
When its economic benefits can be clearly assessed, voice picking items It began to flourish. A reliable business case should be full of ROI, internal rate of return (IRR), payback period, net present value (NPC) And similar indicators. To this end, we must quantify the economic benefits,For example, list the reduction of direct labor costs. Reduce operating expenses and materials Materials, inventories and fixed costs.
Through REP wearable voice software, we help customers through the main and The savings of additional costs will establish a solid basis for your financial situation.
Main economic benefits
More accurate - let workers focus on their hands by liberating their hands and eyes And reduce mistakes. Don't need to be distracted by the paper or screen I knew where to go and what to take next. The workers are in the whole stream During the process, operate through the guidance of voice, no matter how many tasks are performed, They will be more alert and conscious.
More production - because workers don't have to stop to look at the paper or screen, Instead of direct voice guidance, workers will focus more on what they are doing So that their work will be more smooth It will also be more efficient to move. Complete the same task and take more steps Less, will not be troubled by other forms of information, reducing the waste of time, Improve the throughput of the warehouse.
Additional economic benefits
More efficient --- the use of voice and the consequent overall labor Increased dynamic productivity will bring additional benefits: including reduction Work overtime, reduce the number of people checking the accuracy of orders, and reduce the number of people checking the accuracy of orders Reliance on temporary and seasonal employment, and ability to rely on employees Carry out cross training and perform more voice guidance tasks.
More reassuring - the voice feature of free hands and eyes makes workers more confident Increased vigilance and awareness will help reduce the number of workers injured Rate. This also means less damage and breakage, which is ultimately beneficial to Reduce other accidents or injuries.
Superviseable - Voice enables cost-effective material tracking And traceability function, which can be complied with without complicated process and cost Abide by the constantly revised government regulations.
Storage and downstream saving - from receipt to delivery is a cycle, To reduce the holding cost of goods in stock is to improve the inventory turnover rate of the warehouse Direct cause. This also helps to reduce mistakes and deliver the goods in time To meet customers' needs.
Environmental protection - paperless office and reducing dependence on labels are long-term The way to development is not only to reduce the use of paper, but also to reduce Waste of printers, paper and other related products, thereby improving Energy efficiency.
The above is the impact of the establishment of voice system on the company's finance, Each of the above headings has been discussed. For most companies For example, only direct benefits may be important, but indirect benefits Benefits represent incremental growth and faster financial returns. use Less benefit to "state the case", because the voice system When setting a pleasant project expectation Make the enterprise's own situation more understandable (simplify the consensus). present Today's supply chain leaders have realized that warehouse voice The potential and influence of the advantages lies in the scope of influence They invest in technology and they want their supply Business can give corresponding information.
REP wearable voice software solution generally takes 3-12 months There are rewards inside. Although the situation of each company is different, REP wears The wearable voice software combines practical and innovative technology and strict Close financial analysis will win your favor.
ROI of voice picking
Because picking is a labor-intensive operation in the warehouse It has become a very popular part in the process of voice technology improvement. The impact of voice on this business comes from the following four indicators:
- Reduce operating costs
- raise productivity
- Improve customer satisfaction
- Increase operational flexibility
By using headphones instead of a screen or a piece of paper, workers can keep their eyes on the work at hand. You don't need to hold a keyboard, a scanning gun, or a piece of paper, but only use your hands to operate a series of tasks. The direct cost savings mainly come from, but are not limited to, the following:
- You will get an accurate work order at the beginning
- Improve the efficiency of picking (such as multi-line picking per unit hour; reduce overtime)
- Training and induction of new employees (exposed to higher productivity expectations)
- Reduce the number of quality inspectors (reduce the audit work)
- Reduce employee turnover
- Improve security (reduce insurance expenses)
- Effective regulatory compliance
- Inventory optimization (reduce inventory costs)
- Less administrative, fixed assets and consumables management costs
- Implement visibility and business integration
- System decision
This white paper focuses on the impact of voice picking on reducing direct costs。
Improve operation accuracy
Due to clerical errors, the end customers or stores find that the goods are lost, wrongly distributed, frequently distributed and damaged when they receive orders. This inefficient movement runs through the supply chain. This has resulted in an increase in labor and transportation costs, repeated picking and delivery have greatly reduced productivity, order completion is far behind schedule, and payment will also be delayed. For the wrong order at the beginning, the harm is huge. Depending on the value of the goods and the processing cost of the process, mistakes in the picking process can lead to a loss of $10-250. For large order processing, this loss may be converted into millions of hidden costs. The use of REP wearable voice software can significantly reduce the error rate:
- The improvement rate is higher than that of paper picking50-90%
- The improvement rate is higher than that of light sorting1-15%
- Improvement rate is higher than RF sorting8-25%