Warehouse management software (WMS) automates the supply side of businesses, increasing the efficiency of complex warehouse processes. The software captures data related to inventory, packaging, and distribution and sends the data to a centralised database. The data is then used for process changes that streamline operations, increasing efficiency, productivity, and profit.
Warehouse operations are multidimensional and complex. Warehouse management software captures this complexity by providing computerized real-time data-capturing of a wide range of data to monitor and control the location of products. There are many modes for tracking the products in the supply and distribution stream, including using RFIDs (radio frequency identification), barcodes, dates, parts numbers, order numbers, serial numbers, lot numbers and the like.
The WMS functions are customizable, and they include processes such as monitoring inventory, managing order picking and packaging, tracking backorders, invoicing customers, responding to customized client needs, tracking shipments, and managing return shipments. The software tracks the precise location of products as they move in and out of the warehouse in response to market demands. Warehouse management software can meet the needs of diverse types, sizes, and complexities of businesses, including multiple warehouse complexes that use different systems and processes.
There are multiple benefits from using wms software. One benefit to automating warehouse processes is the reduction in labor costs. Reducing the need for physical labor in the warehouse may prove advantageous for addressing predicted labor shortages of warehouse workers as well as for reducing error. For large businesses, saving even a few seconds for a repeated process translates to significant savings, thus increasing profit.
Another benefit is the built-in flexibility that allows customisation of products and processes to satisfy diverse client and customer needs. RFID monitoring technology with a web-based WMS expands the amount and kind of data that can be captured, which increases this customization potential. This also allows for direct interaction from the client-side of operations. A web-based WMS also reduces information technology costs by eliminating the need to update and service installed software, and it provides the convenience of global access to data, an enhancement for both the supply and the demand side of warehouse operations.
This article has highlighted things you should know about warehouse management software. WMS can handle the complexity of warehouse operations, saving labor, time, warehouse space, and money by supporting an efficient and effective flow of products that can respond quickly to changing market demands.