Is your business stuck in the past and relying on outdated methods for warehouse management? Do errors or inefficiencies not bother you? This is status quo and it's an approach that limits your growth and accuracy.

Our proficiency in supply chain management guarantees the optimisation of your supply chain processes.

Since the pandemic, distributors face significant challenges, from escalating freight costs to supply chain disruptions. In this environment, pallet tracking is more crucial than ever.

It's true that some competitors might claim to offer pallet tracking, but the reality often falls short. True pallet tracking involves more than just knowing where a pallet is physically located; it requires comprehensive visibility into every aspect of the pallet's journey and status.

Efficient Warehouse Management: Beyond Pallet Tracking

In today’s fast-paced logistics environment, managing warehouse operations efficiently is crucial for any business. Our advanced Warehouse Management System (WMS) goes beyond simple pallet tracking to offer a comprehensive solution that ensures precision and accountability throughout your inventory.

While traditional systems might only monitor the location of pallets, our WMS provides a deeper level of oversight. It meticulously tracks each pallet’s location within the warehouse, but that’s just the beginning. Our system details information about the products stored on each pallet, including quantities, lot numbers, and expiry dates. Gives you a full audit of where the pallet which bin locations the pallet has been receipted into, transferred and picked from.

This added layer of detail enhances inventory accuracy by keeping precise records of the products and quantities on each pallet, which helps eliminate discrepancies and ensures that your inventory counts are always up to date. This allows your business to proactively manage stock rotation and reduce waste by ensuring older products are used before newer ones. Accurate tracking also means faster picking and packing, which reduces errors and improves order turnaround times.

Build a smarter warehouse and achieve faster results with our WMS.

In today's competitive business environment, efficiency is key to success. Imagine saving 280 hours a month just by optimizing your warehouse management. That’s exactly what our Warehouse Management Solution (WMS) delivers, with one of our customers after 12 months reporting annual savings of up to $300,000.

Automate Manual Tasks: Save 10 Hours a Day
Manual data entry and printing picking slips are time-consuming and prone to errors. Our WMS automates these processes, saving your business up to 10 hours a day. This not only reduces labour costs but also enhances accuracy and efficiency.

Streamline Shipments and Invoicing: Save 4 More Hours a Day
By automating shipments and invoicing, our solution cuts down an additional 4 hours of manual work each day. This means faster order processing, quicker invoicing, and better cash flow management.

Total Impact: 14 Hours a Day, $300k a Year
In total, that’s 14 hours saved daily—280 hours monthly—resulting in significant financial savings. Over a year, this can add up to $300,000 in cost reductions.

Conclusion: Invest in Efficiency
​Time saved is money saved. Our Warehouse Management Solution frees up your team to focus on more valuable tasks, driving efficiency and boosting your bottom line. Start saving today — contact us to learn more.

One of the key reasons our team is passionate about this business is that we deliver Advanced Logistics solutions that help companies enhance their operations and reduce costs. We're proud to assist our customers in improving their supply chain efficiency.

MYOB Advanced has been officially rebranded as MYOB Acumatica. MYOB has maintained a strategic partnership with Acumatica for over 10 years. Interestingly, The RIC Group has also been an aligned partner of Acumatica during this time, recognizing early on that cloud ERP was the future.

The RIC Group has actively participated in the Acumatica Community, with our Warehouse Management System (WMS) and Transport Management System (TMS) certified and validated by Acumatica for several years. This ensures that all MYOB Acumatica customers can trust our solutions to work seamlessly with the latest versions of Acumatica. In fact, our solution was recently validated for the 2024R1 release.

'Build a better bottom line with The RIC Group'

Our Warehouse Management Solution enhances business efficiency by increasing daily order picking and eliminating time-consuming manual data entry into freight portals.

#provensolution #provensuccessful #reducelaborwaste

Haneco Lighting is an Australian specialist LED lighting manufacturer with warehouses all over Australia. They supply to electrical wholesalers Australia-wide.

TBO4 is running at each warehouse for Haneco Lighting and has created great efficiency with picking orders and even better return on investment with integrated freight. Printing labels for consignments is seamless and automated.

TBO4 enhances its features with a centralised reporting hub. Customers can access the reports through logging in via an email address and view supplier performance, vs picker performance, vs lead time using TBO4's centralised reports.

Streamlining Data Management
In the age of data-driven decision-making, centralized reporting is crucial for organizations to effectively manage and analyze their data. Microsoft Fabric and OneLake offer a powerful combination for this purpose, simplifying data workflows and enhancing reporting capabilities.

A Unified Data Platform
Microsoft Fabric is a comprehensive suite that integrates various Microsoft data services, such as Power BI, Azure Data Factory, and Azure Synapse Analytics. It facilitates seamless data integration, engineering, and analytics, providing a unified platform for data workflows.

A Centralized Data Repository
OneLake is Microsoft's data lake solution, designed to handle vast amounts of both structured and unstructured data. It serves as a central repository, ensuring easy accessibility and management of data, and integrates smoothly with other Microsoft services.

Benefits of Centralized Reporting
​Centralized reporting consolidates data from multiple sources into a single platform, offering several advantages:

• Consistency: Ensures uniform reporting standards and metrics.
• Efficiency: Reduces time and effort in data preparation.
• Accuracy: Minimizes discrepancies and errors.
• Scalability: Easily scales with organizational growth.
• Data Governance: Single source of truth

Enhancing Centralized Reporting With TBO4 for Seamless Integration
Data can be directly ingested, transformed, and analyzed using Microsoft Fabric tools, simplifying the data pipeline.

Unified Data Management
OneLake's centralized repository streamlines data governance, security, and compliance, ensuring protected and accessible data.

Advanced Analytics and Reporting
Microsoft Fabric's advanced tools, like Power BI, enable the creation of interactive and visually appealing reports and dashboards, facilitating data-driven insights.

In summary, The RIC Group's Supply Chain Solution offers a robust solution for centralized reporting, enhancing data management, and reporting efficiency in today's data-centric world.

In fact our reporting is the start of the journey which then leads to our 3D visual reporting.

Please email us to setup a time for a webinar.

Discover a reliable WMS solution trusted by SAP Business One customers worldwide. Our cutting-edge technology empowers businesses to excel in critical operational areas, ensuring seamless efficiency and maximum profitability.
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• Improved Inventory Oversight: Access real-time, detailed inventory data across all warehouse levels, enhancing decision-making and reducing carrying costs.

 

• Streamlined Warehouse Functions: Take control of essential warehouse tasks like cycle counting, inventory movements, picking accuracy, freight integration and space optimization, boosting operational efficiency.

 

• Enhanced Productivity: Utilize system-guided processes for put-away, picking, and cycle counting to maximize productivity and minimize errors.

 

• Effortless Remote Support: Enable remote warehouse management with our web-based interface, allowing seamless real-time inventory management from anywhere.

 

• Integrated Efficiency: Integrate seamlessly with EDI and Freight Shipping solutions to streamline the Order to Cash cycle, optimizing inventory management and improving overall business performance.

Transform your warehouse management with The RIC Group's proven solution today.

'Build a better bottom line with The RIC Group'

​Cluster picking and wave picking are two different methods used in warehouse management solution and order fulfillment to optimize the process of picking items for orders. Here is a brief overview of each method:

Cluster Picking

• Definition: Cluster picking is a method where pickers gather items for multiple orders at the same time.
• Process: The picker uses a cart or another method of transportation to collect items for several orders during a single trip through the warehouse.
• Advantages:
  • Reduces travel time by allowing pickers to gather items for multiple orders in one trip.
  • Efficient use of labor and resources.
  • Can speed up order fulfillment by simultaneously picking items for multiple orders.
• Considerations:
  • Requires careful organization to ensure items are properly sorted and allocated to the correct orders.
  • May require specialized equipment or carts to hold multiple orders at once.

Wave Picking

• Definition: Wave picking is a method where pickers complete orders in waves or groups based on specific criteria such as shipping schedules, delivery routes, or order priorities.
• Process: Orders are grouped together into waves based on criteria like destination, order size, or shipping deadline. Pickers complete all orders within a wave before moving to the next wave.
• Advantages:
  • Allows for efficient scheduling and coordination with shipping and delivery times.
  • Facilitates better organization and flow of orders through the warehouse.
  • Can help manage workload by scheduling waves based on pickers' availability and capacity.
• Considerations:
  • Requires careful planning to organize orders into waves based on different criteria.
  • May result in idle time between waves if not scheduled efficiently.

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Both methods aim to optimize the picking process in a warehouse, but each has its own advantages and considerations. The choice between cluster picking and wave picking depends on the specific needs and constraints of the warehouse and the nature of the orders being fulfilled.

The RIC Group's Warehouse Management Solution allows for both fulfilment strategies. Contact us on [email protected] for further information and guidance.

'Build a better bottom line with The RIC Group'
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Over time, there has been a shift from customers consulting their accountants to relying on ERP partners for business advice. They have taken on the role as trusted advisor. While it's beneficial to consult with ERP partners, it's essential not to stray from the management or team's desired investment direction. Nobody understands the business better than those who work in it daily. The role of the ERP partner should be to support your decisions rather than influence them.

It's important to acknowledge potential conflicts of interest when considering ERP partners' recommendations for add-on software. They may prioritize sales targets or agendas to maintain certain statuses with recommended products.

Bias in recommendations and hidden costs are common concerns. Incentives may influence recommendations, and future costs might not be fully disclosed during initial discussions.

ERP partners might provide outdated advice as they may not stay updated on technology trends. Their expertise typically lies in ERP implementation rather than software development.  They employ ERP consultants rather than software architects.

Limited expertise is another issue, especially when it comes to predicting ROI for implementing various software solutions beyond ERP. ERP partners may not grasp the intricacies of different processes and their impact on the business as a lot of it can be outside the ERP.

Customers should have a comprehensive digital transformation strategy, recognizing that ERP is just one part of the process. Often, other solutions like Warehouse Management Systems deliver higher returns for businesses.
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Mitigating risks when selecting software and finding the right partner is crucial. Best-of-breed software partners focus solely on helping businesses achieve optimal outcomes. The responsibility is on the customer to ensure a successful implementation.

At the heart of any successful business operation lies robust support infrastructure. In our experience, relying solely on ERP partners for support can lead to delays, especially when they have to relay issues to ISVs located halfway across the globe. Picture this scenario: your freight truck is ready to be loaded, but your Warehouse Management System hits a snag. Can your business afford to wait 48 hours or longer for a resolution?

That's why we emphasize the importance of direct, responsive support. With our tailored solutions, you'll have immediate access to local support teams, ensuring rapid resolution to any critical issues. Don't let support bottlenecks derail your operations – choose a Best of Breed solution who prioritizes your business's uptime and success.

'Build a better bottom line with The RIC Group'
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End users may look into new software such as a Warehouse Management Solution and their primary concern often revolves around its ease of use. They want to gauge how user-friendly the system is, as this directly impacts the learning curve for new users.
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Assessing ease of use goes beyond just navigating the system or menu. Factors like page load speeds, configuration capabilities, and the presence of visual dashboards play crucial roles. For instance, efficient configuration options can save time and resources by empowering super users to make changes without constant reliance on external support, which may incur additional costs.

During evaluation, it's essential to examine whether the software offers intuitive visual dashboards that provide clear insights into vital information. Moreover, considering integration capabilities is paramount in today's interconnected landscape, where seamless integration with other applications is vital.

In advising businesses, it's advisable not to let end-user preferences solely dictate the decision-making process. Instead, focus on understanding potential issues they foresee while considering factors such as ease of use, configuration capabilities, and integration potential. This approach ensures a well-rounded evaluation and selection process.

'Build a better bottom line with The RIC Group'
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Third-party logistics providers offer numerous benefits to businesses, but there are also draw backs.

1. Cost: 3PL services can be expensive, especially for small to medium businesses
2. Loss of Control: Businesses may sacrifice some control over their supply chain processes.
3. Dependency: Relying on a 3PL can create a dependency, risking disruptions.
4. Communication Challenges: Coordinating with a 3PL requires effective communication.
5. Risk Management: Outsourcing adds security, compliance, and reputational risks.
6. Customization Limitations: Off-the-shelf solutions may not meet specific business needs.
7. Quality Concerns: Service quality can vary, leading to issues like late deliveries or damaged goods.
8. Lack of Flexibility: Some 3PLs have limitations in capacity or capabilities.
9. Loss of Competitive Advantage: Using the same 3PL as competitors may erode differentiation.

However, I think our customer XTM sums it perfectly. You lose control of your brand and personal touch.