Warehouse Management Systems are becoming more popular as supply chain logistics become ever more complication along with increasing customer demands. With an escalating volume of inventory movement, many organizations are turning to technology to streamline operations and meet these challenges.
Advanced technology through Warehouse Management Systems (WMS) allow companies to respond to evolving market pressures and deliver on ever-shrinking time to delivery windows. These systems efficiently capture every scan, every movement of inventory and are designed to make both accuracy along with cost reduction a top priority. The following article can give you some insight into methods, obtained through warehouse technology, for achieving better warehouse management that are key to modern business supply chain logistics in addition to reaching your organization’s goals.
Topics in this White Paper include:
Automation: Too many warehouses today are relying on manual processes which inevitably increases inventory errors and inaccuracies on a continual basis. Spreadsheets, paper and standalone systems can’t deliver the inventory accuracy and supply chain visibility it takes to stay competitive these days.
Inventory Control: The proper and correct movement of inventory in your warehouse is critical for accuracy while also ensuring elevated customer service levels in addition to remaining competitive.
Crock Docking: Cross Docking is a way to improve inventory warehousing by implementing a protocol to move inbound goods once received to a staging area, i.e, “cross docking” area, instead of warehousing and storing these products.
Picking Options: The flexibility to have multiple inventory picking options can greatly increase warehouse efficiency. The Picking functionality in warehouse management systems is another core functionality designed to move the paper picking process to a wireless device by the most optimum method available.
Space Utilization: The flexibility to have multiple inventory picking options can greatly increase warehouse efficiency. The Picking functionality in warehouse management systems is another core functionality designed to move the paper picking process to a wireless device by the most optimum method available.
Labor Management: Reducing or allocating labor is another important driver for exploring warehouse management solutions and recognizing a return on investment (ROI). A properly implemented WMS system can reduce your labor needs, help you reallocate staff and or keep you from needing to bring on more staff to meet growing sales or seasonal fluctuations.
Multi-Carrier Shipping: Checking the proper and efficient inventory movement should continue when we discuss shipping. Any sort of shipping solution should have the ability to shop all of major carriers which can select the best choice available.
Reporting: Measuring results on a consistent basis is a key to determining if newly implemented warehousing initiatives and strategies are effective. With modern warehousing technology, this is accomplished through the ability to create, manage and view Key Performance Indicators (KPI’s) dashboards and analyze ad-hoc business intelligence using pivots, drill down, charts, and graphs.
Boosting Customer Service: Another result of WMS technology is the ability to enhance your customer satisfaction numbers and most likely help you attract new customers without adding to your workforce. Although sometimes more difficult to quantify, such as a firm return on investment figure, an increase in better customer service levels is a positive intangible result from warehouse technology.
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Posted by iCepts Technology Group, Inc a HighJump WMS Partner in Pennsylvania