This type of system is particularly interesting, but it is not used by the vast majority of companies. Indeed, few companies integrate robots that allow exemplary inventory management due to the high cost of implementation and maintenance. However, Amazon has revolutionized the field of inventory management through robotization. Robots perform human actions, but faster and more efficiently. For example, they are responsible for the transport between the delivery site and the persons responsible for receiving the product when a new package is delivered (source).
To better understand this process, here is a video excerpt that shows an example of robotic inventory management in an Amazon warehouse:
- Time saving: A robotic tracking system ensures a much faster and more efficient delivery time to the customer. It is possible to notice a time saving inside the warehouse itself, either when the robots will place the package in the exact location, ensuring packaging and labelling.
- Reduced risk of errors: despite the fact that robots are not an infused science, the risk of human errors is practically non-existent. Robotic tracking thus eliminates these risks of errors and ensures impressive accuracy in inventory management.
- Reliability: Robotic monitoring allows the company to keep a regular and constant pace, regardless of external conditions. Indeed, a robot will always do what it has been programmed to do and deliver quality work.
- Saving time and money: Thanks to robotic tracking, you can save a lot of time doing work that was once done physically. In addition, the time and money you save to train new employees or simply hire new employees is a significant benefit.
- Expensive: A robotic system is very efficient, but very expensive. Indeed, costs vary according to the task that a robotic technology must perform. It is essential to ensure the return on investment before implementing a system of this type.
There are several inventory control systems, including the three systems presented above, each of which can meet specific needs depending on your business(es). It is therefore up to you to consider the advantages and disadvantages of each and choose which system is best suited to your needs and the needs of your company.
How do I know which inventory control system to use?
In order to choose a good inventory and inventory management system, it is important to list your needs and ensure that the system chosen meets your needs. If you have an independent business and do not sell many products, it may be possible to do a manual follow-up, since this is much easier. However, as soon as your company grows, or if you have a lot of stocks and several stores, it is recommended to adopt a computerized system, in order to secure your data, facilitate your management and save time. A robotic system is more suitable for large companies that will see a return on their investment.
How much does a computerized inventory control system cost?
The price of an inventory control system can vary depending on your needs and the needs of your company. Prices vary if you have an independent store or if you have multiple stores and need more customized features, for example, Alice POS offers a price for small stores that starts at only $69/month and offers volume discounts for network stores based on your needs.