WISE Warehouse Slotting Software by Royal 4 Systems leverages artificial intelligence and machine learning to dynamically determine optimal storage locations within a warehouse. The system analyzes inventory movement, seasonal demand, and product characteristics to enhance picking efficiency, reduce replenishments, and maximize space utilization. Slotting decisions are based on historical data, ABC classification, and forecasted sales, transforming warehouse operations into a strategic advantage.

Features

• AI/ML-Based Slotting: Uses intelligent algorithms to calculate optimal slotting positions based on inventory data.
• Occupancy Optimization: Improves space utilization with estimated savings of 10–30% on occupied space.
• Labor Cost Reduction: Achieves 8–15% savings on manpower through optimized picking paths and slotting.
• ABC Classification: Classifies inventory based on pick frequency or quantity to prioritize slotting.
• Golden Area Definition: Identifies primary pick locations near shipping zones for fast-moving items.
• Seasonal Slotting: Adjusts slotting based on seasonal demand using historical data and date ranges.
• Forecast-Based Slotting: Uses projected sales data to slot new and existing items effectively.
• Inventory History Analysis: Allows flexible date range selection to analyze movement trends.
• Location Management: Considers cube, pallet, case quantity, and location capacity for slotting decisions.
• Reserve Inventory Planning: Defines reserve levels to minimize replenishment frequency.
• Forward Picking Optimization: Stores sufficient quantities of fast-moving items in primary pick areas.
• Slotting Calculations Table: Displays current and suggested slotting data, including MIN/MAX quantities and location assignments.
• Fast Mover Identification: Detects high-frequency items based on pick count or total quantity picked.
• Work Balancing: Distributes picks across zones to reduce congestion and improve throughput.

Benefits

• Improved Picking Productivity: Reduces travel time and mis-picks by placing items in optimal locations.
• Space Efficiency: Maximizes warehouse capacity through intelligent slotting.
• Reduced Replenishments: Minimizes the number of replenishment runs by strategic placement.
• Lower Handling Costs: Streamlines operations and reduces manual data entry.
• Adaptability to Demand Shifts: Dynamically adjusts slotting for seasonal and promotional changes.
• Enhanced Visibility: Provides clear insights into slotting decisions and inventory movement.
• Customizable Parameters: Allows user-defined inputs for tailored slotting strategies.