Furniture Inventory Management: Changing Alongside Consumer Preferences
The Furniture industry is currently facing a shift in US consumers buying preferences. Gone are the days of custom pieces and month-long turnaround times, new trends show a need for smaller, more affordable furniture options that are easy to assemble and available to ship quickly. Successfully managing your inventory is essential to managing stock levels, reducing costs and keeping customers happy.
Automating processes is necessary for both furniture manufacturers and distributors to increase visibility:
- Manufacturers need visibility into their entire supply chain to improve efficiency, understand material availability, and gauge customer demand.
- Distributors need complete visibility to keep costs low while delivering the products on-time and correctly.
- Real-time, accurate inventory data helps your workers to find inventory quickly and have it ready to ship to the correct customer.
Why Mobile Technology is Critical for Tracking Furniture with NetSuite
No longer hindered by geographical regions or brick and mortar stores, the furniture industry must ramp up their product portfolio to handle consumer preferences (fashion, regional, seasonal etc.) and be ready to ship quickly. This increase in inventory also increases the chances of errors. By automating manual processes in the warehouse with a NetSuite WMS mobile solution or automating the manufacturing shop floor with a NetSuite Advanced Manufacturing solution, you gain visibility to real-time, accurate information which is key to making business critical decisions.
If you are working with big box retailers or eCommerce giants like Amazon and Wayfair, you want to avoid fines for stockouts, mispicks or shipping delays. With the ever-increasing pressure to meet vendor compliance requirements, barcoding and automation are a must-have.
Streamlining Furniture Shipping with RF-SMART
The furniture industry faces unique shipping challenges. With both small, fragile items and large, bulky ones, it's crucial to find a solution that is fast, easy, and cost-effective. RF-SMART Shipping helps companies tackle these issues, giving power back to the shippers.
Customers using our shipping solution benefit from:
Unified Shipping Platform
RF-SMART Shipping helps shippers process all shipments through a single user interface, eliminating the need to switch between multiple carrier systems.
Training in Seconds
Our user-friendly interface trains shippers in just 30 seconds, guiding them through each shipping step and removing the need for manual decisions.
Auto Carrier & Rate Selection
Shippers can easily compare rates in real-time, automatically selecting the most cost effective carrier based on predefined rules of your specific shipment needs.
Streamlined Documentation
Automatically generates Bill of Lading (BOL) documents and pallet labels, reducing the need to manually enter data & eliminate paperwork errors.
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Furniture Companies on NetSuite: Thinking Beyond Barcoding
To effectively manage your processes, you may have needs for more
advanced mobile tools to further automate and speed up your operations:
Automated Wave Picking
With tools like Pick Planner, you can reduce the time spent on administration and paperwork while gaining faster pick times for orders is by planning picking tasks directly in NetSuite for multiple order types (criteria like Tote picking or wave picking). The tasks are sent to a mobile device instantly to guide your workers on the most efficient route through the warehouse at the designated time you set.
Easy Automation to Machines
Many Furniture wholesalers are investing in machines to move product faster. Trying to get that data into NetSuite can be cumbersome at best. Our Automation module uses our proven Built for NetSuite integration to communicate and update NetSuite in real-time with material movement and inventory changes.
Work Order Reporting
If tracking metrics is important, a tool like Work Order Reporting will have shop floor workers working quickly and accurately while managers can keep a pulse on job times, productivity and cost metrics. The intuitive touch screen interface is easy to use or they can scan straight from the shop floor.
Furniture & Home Décor Leader: Scout Design Case Study
“RF-SMART has helped us pick things in a much quicker way. It also helps us find things and keep track of them.
We’ve improved in our picking times, and it has helped a lot with our fulfillments.”
Challenges
Scout Design Studio, a curator of artful home décor and furniture, faced significant inventory management challenges across their multiple locations, including a 15,000-square-foot showroom and vintage store. Prior to implementing RF-SMART, they relied on memory to locate items, resulting in frequent lost inventory, over/understocking issues, and limited visibility. Their manual processes were particularly challenging given their vast array of thousands of different items and complex multi-location inventory movements.
Solution
To address these challenges, Scout design Studio partnered with RF-SMART for NetSuite to revolutionize their inventory management processes. To solutions Transfer Order function streamlined inventory movements between locations, while handheld device-driven picking dramatically improved efficiency. RF-SMART's Inventory Reporting Tool (IRT) provided crucial visibility and data-driven insights, enabling proactive inventory management and better decision-making.
