One of the biggest challenges in the food and drinks industry, particularly in larger-scale operations, is making the most out of your storage space. Good warehouse management can result in you being able to store more products, and ultimately, turn more profit.
Distillers must juggle a lot of factors when they are managing their warehouses. Not only do they need to know precisely where the casks are, they also need to know how long each cask has been there, what was in the cask before, and the exact cask type. All this information is needed to create accurate business forecasting models. Luckily, technological advancement is making this easier than ever. Here are some of the challenges that Distillery Management Software (DMS) can address:
Know more about your casks
With medium to large-sized distillers, Distillery Managers could be dealing with hundreds of casks at any one time. As mentioned, Distillers need to know the exact location of a cask, how long it has been there, as well as what was in it previously, to forecast ahead. This information mitigates the chance of losing casks but also ensures consistent quality of the end spirit. Distillers often start by trying to track all of this on manual spreadsheets. This can quickly get out of hand with data going missing, getting mixed up, or even being entered incorrectly.
Maintain your stock levels
Distillery Managers must consider lots of factors to ensure a steady supply of products. Distillers need to think about warehouse space, casks available, type of casks, the history of a cask, the time taken for a spirit to mature and which blends are available. This information helps them to plan for how much of each spirit to produce and timescales to work towards. Keeping track of this information requires data from different parts of the operation.
Cofficient have developed a DMS that can address these warehouse management challenges. Firstly, the system allows distillers to keep track of the precise location of each cask, cask type, as well as the spirit’s age. Not only can it do all of this, but it is one of the only softwares on the market that allows managers to track the history of a cask.
Additionally, Cofficient’s DMS is the only software that is powered by NetSuite and is fully cloud-based. This means that the information needed can be accessed anytime, anywhere. Data is accessible from finances to auditing, all in one place. This means you can have visibility of the full operation, real time.