With increased pressures to trim distribution costs and minimize capital expenditures, warehouses must find ways to fully utilize existing space and equipment before pursuing expansion. Optricity Corp., a developer of mathematically advanced supply chain optimization software, offers OptiProfile to help warehouses improve their space utilization. OptiProfile enables a user to perform an accurate Optimal Slot Type Analysis (OSTA), which incorporates all slot and item attributes, ergonomics, and technology constraints in addition to user-defined rules. Using these attributes, goals, and constraints, the tool profiles items into slots and determines the optimal rack configuration by slot type.
Designers of greenfield facilities and new layouts for existing warehouses can also make use of OptiProfile to specify rack types and run multiple what-if scenarios for cost/benefit comparisons. The profiling feature includes current and forecast velocity information, dimensional and weight requirements, restrictions (such as conveyable, special equipment), and alternative slotting units, including slot by pallet, case, inner, or each.
The output of OptiProfile is twofold. First, a report lists each item to be slotted, including pertinent item data and the assigned slot type. Second, a matrix of each slot type and the quantity of each slot type is produced. This matrix does more than just count the items and divide by the number of slots per bay?the matrix actually figures out how many of each slot type are required based on the exact criteria for the slot type.
OptiProfile uses advanced computations, attributes, item/slot settings, and constraints to create an accurate and fast calculation of how many racks of each slot type are actually needed to slot the items based on the defined criteria. Application of an accurate Optimal Slot Type Analysis can extend the life of an existing warehouse and enable it to use existing equipment more efficiently
Company: Optricity Corp.
Company URL: www.optricity.com