Smart Intelligent Warehousing For a Lean, Efficient Inventory And Procurement Operations

Architect smart greener warehouses for sustainability and to derisk from inflated inventory and stock shortages.

An image of containers at a ship port representing smooth and efficient warehousing management - Cognitute

Inventory Management
& Procurement Consulting

Inventory is a crucial distribution and fulfillment lever across all industries, but within a business, there is frequent disagreement regarding the quantum of inventory required. The production unit may request large inventory volumes with the mindset of ensuring agile supply, whereas the financial functions may prioritize reduced working capital and therefore a minimal amount of inventory. With the need for all inventories to be optimally positioned and of high quality, inventory management is complicated and difficult to carry out efficiently.

Effective procurement transformation can reduce the purchasing cost base by 8-12% on average and annual savings by an additional average of 2-3%. These benefits can be sustained in the long term via transformation to improve and optimize end-to-end supply chain capabilities and stock as a responsive supply chain management during unfavorable business climates.

Cognitute’s procurement consulting involves setting procurement savings targets, predicting market forces, deploying a robust integrated digital ecosystem, and creating dynamic quarterly budgets. An operating plan is then blueprinted based on these insights. This process creates an individualized, innovative procurement operating plan, which can then be executed to in corporate the performance of categories and suppliers, customer feedback, and property implementation.

Warehousing, Inventory,
And Procurement Capabilities

01.

Warehouse Process And Operations Optimization

Warehouse Process And Operations Optimization

Warehouse operations and processes cannot have any room for error. Even a single lever malfunction within the ecosystem leads to a direct negative impact on revenue, customer experience, and an unviable logistic network. To maximize the cost, time, and resource efficiency of all factors of the warehouse ecosystem, including available space and resources, specialized planning and automation of processes are required, which can be achieved through procurement consulting for effective warehouse optimization. Incorporating warehouse optimization into the overall business strategy can provide a competitive advantage by improving efficiency, customer satisfaction, and cost-effectiveness, while ensuring the smooth and reliable operation of the supply chain. When warehousing operating models are streamlined and aligned with the overarching inventory and product management strategy guarantees on-time order fulfillment, smarter logistics, and lean supply-chain spending.

02.

Automated Storage and Retrieval systems

Automated Storage and Retrieval systems

An Automated Storage and Retrieval System, or AS/RS, allows more efficient and adaptable movement of products or goods throughout facilities with the use of storage carousels. Loads can be automatically moved between locations for retrieval or drop-off, with movements tracked and then recorded using RFID tags. Automation of storage and retrieval systems streamlines the management of inventory, reduces the need for audits of storage, and cuts down on wasted time and space while increasing capacity. Computer technology can be used to visualize structural requirements, routes, and touchpoints for maximum efficiency between vehicles, automation systems, and the workforce.

Prior to the introduction of AS/RS into organization processes, the warehouse process and operations should be critically analyzed for weakness and inefficiency and then optimized to support automation. This lays the groundwork for a successful introduction of Automated Storage and Retrieval systems by ensuring compatibility with the layout of the facility, integrating equipment such as forklifts, and optimizing rack systems.

03.

Digital Distribution And Fulfillment Network

Digital Distribution And Fulfillment Network

Accommodation of shifts in demand patterns, inventory requirements, and expectations regarding service and delivery increase pressure on organizations to transform distribution and fulfillment processes. Adoption of digital distribution and fulfillment strategies allows these demands to be addressed without decreased profit margins or loss of revenue growth. Digital distribution and fulfillment allow businesses to effectively respond to changes in or demands of the market. With a successful digital fulfillment process, customer needs and wants can be registered and actioned into supply chain adjustments in real-time. 

Digital fulfillment allows an agile, fluid supply chain that is able to direct assets according to market requirements, facilitating the building and/or supply of required products without lost time and with reduced delivery costs. Demand signals have increased visibility with a digital distribution and fulfillment network, allowing intelligent staging of products, an optimized distribution footprint, and the ability to provide quick, adaptable service to customers.

04.

Strategic Inventory Planning And Forecasting

Strategic Inventory Planning And Forecasting

By only reading current trends in the market, organizations will be slow to react to trends and fall behind forward-thinking competitors. Forecasting of inventory - or strategic inventory planning - uses analysis of past data to predict the anticipated inventory levels needed for a specific period in the future. This works to ensure that organizations have enough product or resources for order fulfillment, while also preventing unnecessary inventory from being purchased Creating dynamic inventory can allow advantages such as re-stocking an area that requires additional inventory before the occurrence of a shortage.

05.

Procurement Transformation

Procurement Transformation

Procurement is an essential factor for business performance, with a strong influence on areas such as savings, product quality, supply chain sustainability, and efficiency. Effective procurement, utilizing digital analytics to create effective operating models, leads to the creation and maintenance of a resilient supply chain with improved speed and decreased risk.

Procurement transformation to create long-lasting value involves incorporating industry-specific, expert knowledge in procurement practices with digital transformation and the use of technology. For this process, a strong foundation of relevant data must be incorporated and combined with digitization for improved outcomes and a decrease in procurement costs. To completely monopolize on the benefits offered by procurement transformation, re-examining and defining the organization’s key values regarding procurement results in the implementation of an effective, profitable procurement strategy.

01.

Warehouse Process And Operations Optimization

Warehouse Process And Operations Optimization

Warehouse operations and processes cannot have any room for error. Even a single lever malfunction within the ecosystem leads to a direct negative impact on revenue, customer experience, and an unviable logistic network. Warehouse optimization involves maximizing the cost, time, and resource efficiency of all factors of the warehouse, including the available space and resources, through specialized planning and automation of processes. When warehousing operating models are streamlined and aligned with the overarching inventory management strategy guarantees on-time order fulfillment, smarter logistics, and lean supply-chain spending.

02.

Automated Storage and Retrieval systems

Automated Storage and Retrieval Systems

The implementation of an Automated Storage and Retrieval System, or AS/RS, into the supply chain management allows more efficient and adaptable movement of products or goods throughout facilities with the use of storage carousels. Loads can be automatically moved between locations for retrieval or drop-off, with movements tracked and then recorded using RFID tags. Automation of storage and retrieval systems streamlines the management of inventory, reduces the need for audits of storage, and cuts down on wasted time and space while increasing capacity. Computer technology can be used to visualize structural requirements, routes, and touchpoints for maximum efficiency between vehicles, automation systems, and the workforce.

Prior to the introduction of AS/RS into organization processes, the warehouse process and operations should be critically analyzed for weakness and inefficiency and then optimized to support automation. This lays the groundwork for a successful introduction of Automated Storage and Retrieval systems by ensuring compatibility with the layout of the facility, integrating equipment such as forklifts, and optimizing rack systems.

03.

Digital Distribution And Fulfillment Network

Digital Distribution And Fulfillment Network

Accommodation of shifts in demand patterns, inventory requirements, and expectations regarding service and delivery increase pressure on organizations to transform distribution and fulfillment processes. Adoption of digital distribution and fulfillment strategies allows these demands to be addressed without decreased profit margins or loss of revenue growth. Digital distribution and fulfillment allow businesses to effectively respond to changes in or demands of the market. With a successful digital fulfillment process, customer needs and wants can be registered and actioned into supply chain adjustments in real-time. 

Digital fulfillment allows an agile, fluid supply chain that is able to direct assets according to market requirements, facilitating the building and/or supply of required products without lost time and with reduced delivery costs. Demand signals have increased visibility with a digital distribution and fulfillment network, allowing intelligent staging of products, an optimized distribution footprint, and the ability to provide quick, adaptable service to customers.

04.

Strategic Inventory Planning And Forecasting

Strategic Inventory Planning And Forecasting

By only reading current trends in the market, organizations will be slow to react to trends and fall behind forward-thinking competitors. Forecasting of inventory - or strategic inventory planning - uses analysis of past data to predict the anticipated inventory levels needed for a specific period in the future. This works to ensure that organizations have enough product or resources for order fulfillment, while also preventing unnecessary inventory from being purchased Creating dynamic inventory can allow advantages such as re-stocking an area that requires additional inventory before the occurrence of a shortage.

05.

Procurement Transformation

Procurement Transformation

Procurement is an essential factor for business performance, with a strong influence on areas such as savings, product quality, supply chain sustainability, and efficiency. Effective procurement, utilizing digital analytics to create effective operating models, leads to the creation and maintenance of a resilient supply chain with improved speed and decreased risk.

Procurement transformation to create long-lasting value involves incorporating industry-specific, expert knowledge in procurement practices with digital transformation and the use of technology. For this process, a strong foundation of relevant data must be incorporated and combined with digitization for improved outcomes and a decrease in procurement costs. To completely monopolize on the benefits offered by procurement transformation, re-examining and defining the organization’s key values regarding procurement results in the implementation of an effective, profitable procurement strategy.

01.

Warehouse Process And Operations Optimization

Warehouse Process And Operations Optimization

Warehouse operations and processes cannot have any room for error. Even a single lever malfunction within the ecosystem leads to a direct negative impact on revenue, customer experience, and an unviable logistic network. Warehouse optimization involves maximizing the cost, time, and resource efficiency of all factors of the warehouse, including the available space and resources, through specialized planning and automation of processes. When warehousing operating models are streamlined and aligned with the overarching inventory management strategy guarantees on-time order fulfillment, smarter logistics, and lean supply-chain spending.

02.

Automated Storage and Retrieval systems

Automated Storage and Retrieval systems

An Automated Storage and Retrieval System, or AS/RS, allows more efficient and adaptable movement of products or goods throughout facilities with the use of storage carousels. Loads can be automatically moved between locations for retrieval or drop-off, with movements tracked and then recorded using RFID tags. Automation of storage and retrieval systems streamlines the management of inventory, reduces the need for audits of storage, and cuts down on wasted time and space while increasing capacity. Computer technology can be used to visualize structural requirements, routes, and touchpoints for maximum efficiency between vehicles, automation systems, and the workforce.

Prior to the introduction of AS/RS into organization processes, the warehouse process and operations should be critically analyzed for weakness and inefficiency and then optimized to support automation. This lays the groundwork for a successful introduction of Automated Storage and Retrieval systems by ensuring compatibility with the layout of the facility, integrating equipment such as forklifts, and optimizing rack systems.

03.

Digital Distribution And Fulfillment Network

Digital Distribution And Fulfillment Network


Accommodation of shifts in demand patterns, inventory requirements, and expectations regarding service and delivery increase pressure on organizations to transform distribution and fulfillment processes. Adoption of digital distribution and fulfillment strategies allows these demands to be addressed without decreased profit margins or loss of revenue growth. Digital distribution and fulfillment allow businesses to effectively respond to changes in or demands of the market. With a successful digital fulfillment process, customer needs and wants can be registered and actioned into supply chain adjustments in real-time. 

The establishment of digital operations into the overall business strategy allows an agile, fluid supply chain that is able to direct assets according to market requirements, facilitating the building and/or supply of required products without lost time and with reduced delivery costs. Demand signals have increased visibility with a digital distribution and fulfillment network, allowing intelligent staging of products, an optimized distribution footprint, and the ability to provide quick, adaptable service to customers.

04.

Strategic Inventory Planning And Forecasting

Strategic Inventory Planning And Forecasting

By only reading current trends in the market, organizations will be slow to react to trends and fall behind forward-thinking competitors. Forecasting of inventory - or strategic inventory planning - uses analysis of past data to predict the anticipated inventory levels needed for a specific period in the future. This works to ensure that organizations have enough product or resources for order fulfillment, while also preventing unnecessary inventory from being purchased Creating dynamic inventory can allow advantages such as re-stocking an area that requires additional inventory before the occurrence of a shortage.

05.

Procurement Transformation

Procurement Transformation

Procurement is an essential factor for business performance, with a strong influence on areas such as savings, product quality, supply chain sustainability, and efficiency. Effective procurement, utilizing digital analytics to create effective operating models, leads to the creation and maintenance of a resilient supply chain with improved speed and decreased risk.

Procurement transformation to create long-lasting value involves incorporating industry-specific, expert knowledge in procurement practices with digital transformation and the use of technology. For this process, a strong foundation of relevant data must be incorporated and combined with digitization for improved outcomes and a decrease in procurement costs. To completely monopolize on the benefits offered by procurement transformation, re-examining and defining the organization’s key values regarding procurement results in the implementation of an effective, profitable procurement strategy.

01.

Warehouse Process And Operations Optimization

Warehouse Process And Operations Optimization

Warehouse operations and processes cannot have any room for error. Even a single lever malfunction within the ecosystem leads to a direct negative impact on revenue, customer experience, and an unviable logistic network. Warehouse optimization involves maximizing the cost, time, and resource efficiency of all factors of the warehouse, including the available space and resources, through specialized planning and automation of processes. When warehousing operating models are streamlined and aligned with the overarching inventory management strategy guarantees on-time order fulfillment, smarter logistics, and lean supply-chain spending.

02.

Automated Storage and Retrieval systems

Automated Storage and Retrieval systems

An Automated Storage and Retrieval System, or AS/RS, allows more efficient and adaptable movement of products or goods throughout facilities with the use of storage carousels. Loads can be automatically moved between locations for retrieval or drop-off, with movements tracked and then recorded using RFID tags. Automation of storage and retrieval systems streamlines the management of inventory, reduces the need for audits of storage, and cuts down on wasted time and space while increasing capacity. Computer technology can be used to visualize structural requirements, routes, and touchpoints for maximum efficiency between vehicles, automation systems, and the workforce.

Prior to the introduction of AS/RS into organization processes, the warehouse process and operations should be critically analyzed for weakness and inefficiency and then optimized to support automation. This lays the groundwork for a successful introduction of Automated Storage and Retrieval systems by ensuring compatibility with the layout of the facility, integrating equipment such as forklifts, and optimizing rack systems.

03.

Digital Distribution And Fulfillment Network

Digital Distribution And Fulfillment Network

Accommodation of shifts in demand patterns, inventory requirements, and expectations regarding service and delivery increase pressure on organizations to transform distribution and fulfillment processes. Adoption of digital distribution and fulfillment strategies allows these demands to be addressed without decreased profit margins or loss of revenue growth. Digital distribution and fulfillment allow businesses to effectively respond to changes in or demands of the market. With a successful digital fulfillment process, customer needs and wants can be registered and actioned into supply chain adjustments in real-time. 

Digital fulfillment allows an agile, fluid supply chain that is able to direct assets according to market requirements, facilitating the building and/or supply of required products without lost time and with reduced delivery costs. Demand signals have increased visibility with a digital distribution and fulfillment network, allowing intelligent staging of products, an optimized distribution footprint, and the ability to provide quick, adaptable service to customers.

04.

Strategic Inventory Planning And Forecasting

Strategic Inventory Planning And Forecasting

By only reading current trends in the market, organizations will be slow to react to trends and fall behind forward-thinking competitors. Forecasting of inventory—or strategic inventory planning—uses analysis of past data to predict the anticipated inventory levels needed for growth and innovation. This works to ensure that organizations have enough product or resources for order fulfillment, while also preventing unnecessary inventory from being purchased. Creating dynamic inventory can allow advantages such as re-stocking an area that requires additional inventory before the occurrence of a shortage.

05.

Procurement Transformation

Procurement Transformation

Procurement is an essential factor for business performance, with a strong influence on areas such as savings, product quality, supply chain sustainability, and efficiency. Effective procurement, utilizing digital analytics to create effective operating models, leads to the creation and maintenance of a resilient supply chain with improved speed and decreased risk.

Procurement transformation to create long-lasting value involves incorporating industry-specific, expert knowledge in procurement practices with digital transformation and the use of technology. For this process, a strong foundation of relevant data must be incorporated and combined with digitization for improved outcomes and a decrease in procurement costs. To completely monopolize on the benefits offered by procurement transformation, re-examining and defining the organization’s key values regarding procurement results in the implementation of an effective, profitable procurement strategy.

01.

Warehouse Process And Operations Optimization

Warehouse Process And Operations Optimization

Warehouse operations and processes cannot have any room for error. Even a single lever malfunction within the ecosystem leads to a direct negative impact on revenue, customer experience, and an unviable logistic network. Warehouse optimization involves maximizing the cost, time, and resource efficiency of all factors of the warehouse, including the available space and resources, through specialized planning and automation of processes. When warehousing operating models are streamlined and aligned with the overarching inventory management strategy guarantees on-time order fulfillment, smarter logistics, and lean supply-chain spending.

02.

Automated Storage and Retrieval systems

Automated Storage and Retrieval systems

An Automated Storage and Retrieval System, or AS/RS, allows more efficient and adaptable movement of products or goods throughout facilities with the use of storage carousels. Loads can be automatically moved between locations for retrieval or drop-off, with movements tracked and then recorded using RFID tags. Automation of storage and retrieval systems streamlines the management of inventory, reduces the need for audits of storage, and cuts down on wasted time and space while increasing capacity. Computer technology can be used to visualize structural requirements, routes, and touchpoints for maximum efficiency between vehicles, automation systems, and the workforce.

Prior to the introduction of AS/RS into organization processes, the warehouse process and operations should be critically analyzed for weakness and inefficiency and then optimized to support automation. This lays the groundwork for a successful introduction of Automated Storage and Retrieval systems by ensuring compatibility with the layout of the facility, integrating equipment such as forklifts, and optimizing rack systems.

03.

Digital Distribution And Fulfillment Network

Digital Distribution And Fulfillment Network

Accommodation of shifts in demand patterns, inventory requirements, and expectations regarding service and delivery increase pressure on organizations to transform distribution and fulfillment processes. Adoption of digital distribution and fulfillment strategies allows these demands to be addressed without decreased profit margins or loss of revenue growth. Digital distribution and fulfillment allow businesses to effectively respond to changes in or demands of the market. With a successful digital fulfillment process, customer needs and wants can be registered and actioned into supply chain adjustments in real-time. 

Digital fulfillment allows an agile, fluid supply chain that is able to direct assets according to market requirements, facilitating the building and/or supply of required products without lost time and with reduced delivery costs. Demand signals have increased visibility with a digital distribution and fulfillment network, allowing intelligent staging of products, an optimized distribution footprint, and the ability to provide quick, adaptable service to customers.

04.

Strategic Inventory Planning And Forecasting

Strategic Inventory Planning And Forecasting

By only reading current trends in the market, organizations will be slow to react to trends and fall behind forward-thinking competitors. Forecasting of inventory - or strategic inventory planning - uses analysis of past data to predict the anticipated inventory levels needed for a specific period in the future. This works to ensure that organizations have enough product or resources for order fulfillment, while also preventing unnecessary inventory from being purchased Creating dynamic inventory can allow advantages such as re-stocking an area that requires additional inventory before the occurrence of a shortage.

05.

Procurement Transformation

Procurement Transformation

Procurement is an essential factor for business performance, with a strong influence on areas such as savings, product quality, supply chain sustainability, and efficiency. Effective procurement, utilizing digital analytics to create effective operating models, leads to the creation and maintenance of a resilient supply chain with improved speed and decreased risk.

Procurement transformation to create long-lasting value involves incorporating industry-specific, expert knowledge in procurement practices with digital transformation and the use of technology. For this process, a strong foundation of relevant data must be incorporated and combined with digitization for improved outcomes and a decrease in procurement costs. To completely monopolize on the benefits offered by procurement transformation re-examining and defining the organization’s key values regarding procurement results in the implementation of an effective, profitable procurement strategy.

Reinvent warehousing and inventory management with Cognitute’s proprietary outcome-driven practice.

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Warehousing & Procurement Professionals

Bhargavi Agrawal - CEO and Co Founder

Bhargavi Agrawal

CEO & Co founder

US, Europe

Rohan Sharma - Partner

Rohan Sharma

Director & Partner (Business & Corporate Strategy)

US, Europe, APAC Region, Middle East

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