Reduce Costs With Warehouse Management Software

By Author: Harold Maynard
Total Articles: 1
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The sole purpose of WMS software providers is to reduce costs and raise profits. WMS providers also provide other key benefits.

The sole purpose of WMS software providers is to reduce costs and raise profits. WMS providers also provide other key benefits. A few of them include:

Increased efficiency in order fulfillment

Reduced delivery times

Reduced overflow of on-hand inventory

Increased clarity of the order’s status

Minimum inventory movement

Efficient warehouse managements results in complete customer satisfaction through timely product delivery. A smooth operation allows reduction of overhead and gives a price advantage to customers.

Generally, best WMS software includes the following functionalities:

Inventory management

Facility management

Shipping and receiving

Labor management

Warehouse system management software can be a part of supply chain management program or a package or a stand-alone program.

Inventory Management

Inventory management is the primary purpose of warehouse management systems. However, inventory ...
... management in a warehouse is entirely different from any other environment. This is mainly because warehouse management is on such a large scale. Inventory management techniques used to manage limited number of items can be inconvenient in warehouse operations. The larger the warehouse, the more automation is required.

One of the core features of best WMS software is automated data collection. Mobile devices are often used to track inventory in and out of the warehouse and to provide inventory locations.

Receiving & Facility Management

Before moving inventory along the supply chain to the customer, it needs to be received in the warehouse. Warehouse management software is used to optimize the reception and storage of inventory.

WMS software has confirmation tools that ensure the proper reception of goods. Companies with high turnover rates can use WMS programs for providing cross-docking facility. Cross-docking is the process of immediate receiving and sending of inventory along the supply chain.

Picking and Shipping

The most critical aspect of warehouse management system software is optimizing the picking process. Picking functionality is more complex than identifying what item needs to provisioned and where it is located. Picking tools determines the important steps for preparing, packaging and provisioning of goods. Specific instructions can be set to enhance transfers, which will increase efficiency.

Shipping functionality is a built-in system in most warehouse management systems. The shipping software helps to determine the best mode of transportation, assistance with routes, and management of import/export issues.

Integration

The best WMS software is a data-intensive suite where data is meant to flow in and out of the software. Order entry software is used to pass information on goods that need to be sent to a customer. While the warehouse communicates with the purchasing department, the delivery instructions need to be sent to SCM software. Due to this cross-functional movement of data, many ERP providers consider warehouse management software an integral element of the system. In many cases, companies can be greatly improved by a stand-alone WMS.
Resource: highjump.com