Top Reasons to Invest in a Warehouse Management System |
Posted: February 28, 2018 |
Nowadays, supply chains are vital to any business, as they help sustain your ability to compete for new customers. In order for any business to grow, you need to excel in every aspect of supply chain management (SCM). This includes everything from logistics and planning to optimisations and fulfilment of orders, which includes how you can manage your warehouse effectively. With increasing competitive intensity in almost every industry, ensuring your warehouse is fully optimised to handle orders efficiently and effectively is now a top priority. Here, we’re taking a look at some of the main reasons to invest in a warehouse management system (WMS). What is a Warehouse Management System? A Warehouse Management System (WMS) is a specific business process management system that enables you to make improvements in almost every aspect of your supply chain. Businesses of all sizes can benefit from implementing a WMS. WMS is the general term for the software that monitors and controls all processes within your warehouse. This includes tracking the movement of all items within your warehouse and process each transaction that occurs. With the rise of the Internet of Things (IoT), this has led to an additional improvement for many WMS solutions. For starters, WMS solutions are recently becoming increasingly cloud-based - click here for more info on the cloud-based WMS solutions, and how they work in comparison to other WMS solutions. Also, new data capture technology and automated tracking enables businesses to review and readjust their warehouse processes for optimum efficiency. Greater Staff Efficiency One of the greatest blessings of a WMS is the reduction of manual list checking and paperwork tasks. Once implemented, a WMS will automate many of the core business functions, including picking, stock counts, packing, shipments, inventory movements and even receipts. The first benefit you will likely notice is greater staff efficiency. As many of the core business functions that involve paperwork are now automated, warehouse staff will be able to achieve more in the same amount of time. Increased Picking Accuracy A WMS will direct warehouse operations with clear instructions to the part of your warehouse where the required items can be found. This means there is no need to use manual check lists, which have to be printed, re-checked and often sorted. Your WMS will also help to increase pick accuracy with the use of barcode scanners. Improved Fulfilment Accuracy Shipping mistakes are the bane of any logistics and warehouse business. A WMS will make it a lot easier for the warehouse team to accurately scan the correct products while fulfilling multiple orders, so customers always receive the correct products. This helps ensure that costly mistakes are avoided. Real-Time Inventory Management Without a WMS, your inventory management can only be based on snapshots of your operations. This makes it difficult to get a clear picture of available stock and stock expected to arrive. A WMS provide you with real-time control over your inventory by consolidating data from customer service, logistics, warehouse management and shipping information.
|
||||||||||||||||||||||||||||||||||||||||||
|