A Warehouse Management System (WMS) is the software product(s) used by a company to effectively manage warehouse business processes and activities; such as, receiving, put-away, picking, shipping, and inventory. It also includes support for radio-frequency communications, allowing real-time data transfer between the system and warehouse personnel. The WMS should support your company's goals to reduce transaction errors, maximize space utilization and minimize material handling and travel time, by optimizing warehousing processes.
An efficient WMS should be fully integrated with other business systems used by your company. Interfaces should be seamless and not require batch processing or double entry of data. Data should be on a single system of record that is updated in the background, if required, by other systems. Your WMS should process transactions in real time. The WMS should be flexible enough to support variable, customer specific, documentation output and to meet current and future requirements.
The core functionally of a WMS should manage these common warehouse business processes
Receiving: A WMS should allow for quick product receipt. Pallet plates and carton labels should be generated by the system.
Putaway: System-directed and operator-directed putaway should be available within the WMS. Directed putaway can reduce travel time and operator cycle times.
Location Management: A main function of a WMS is to maintain a positive location record of each product in the warehouse. Location management should also identify empty bins and slots so product can be re-located and consolidated easily for increased space utilization.
Inventory Management: A major benefit of a WMS is inventory control, the ability to know where stock is and how much is available. The system facilitates tracking product movements while reducing inventory mistakes and shrinkage.
Replenishment: A WMS makes product replenishment to picking and manufacturing locations faster and more accurate. The system can direct the replenishment activity by tracking on hand balances and usage ensuring product is available when needed.
* 100 % Customizable.
* Better inventory control and higher efficiency.
* Increase revenue through better inventory control & higher efficiency.
* Reduces cost through lower wastage and retention.
* Improves overall profitability.
* Real time inventory management.