With a small change, you can introduce automation in your business operations. However, for any e-commerce or manufacturing organization, it is significant to manage warehouses. It would provide value and efficiency in the long run. There are Warehouse Management Systems (WMS) to carry out warehouse operations effectively.
From operations like an inspection to tracking products, the warehouse management software can do all of this. So, each process will be optimized to be more efficient. Every inventory movement is recorded. There is complete transparency of stock amongst the employees.
Warehouse management can easily guide the employees through complicated tasks. It plays a significant role in the supply chain. But, there is more to that. First, you must know about what warehouse management is. Then, you will choose the right system that includes key features of warehouse management system.
What is Warehouse Management?
What is Warehouse Management? Warehouse Management refers to the overall process of controlling and managing warehouse operations. So, it runs in an optimized manner. These operations include:
- Tracking and Storing Inventory.
- Managing Stocks.
- Collecting, Packing & Shipping Orders.
One can easily manage various warehouses in different locations. The day-to-day operations are handled seamlessly. Also, all the data is recorded and visible. It let you gain control and make necessary changes to improve.
Using automation software will be highly recommended. Not only the speed of operations but there will be an increase in the worker’s productivity too. A warehouse management system will arrange your warehouses and provide you with a general layout for each one of them.
Why to Implement Warehouse Management System?
A warehouse management system can assure that warehouse operations are on track. Each one of the processes will be automated and optimized. There will be a productive environment. This system will let you face common challenges and overcome those. Also, there are some important reasons to implement warehouse management system.
- Control Inventory levels with utter transparency.
- Lower Operational Costs.
- Enhance Supply Chain Efficiency.
- Track Products or Resources.
These are the areas where a warehouse management system will be greatly helpful. Overall, there will be high ROI if you actually implement the system. So, you will reap benefits from your investment.
The team can work around this system. Also, multiple warehouses can managed easily from anywhere. But, first of all, you must make sure that the key features are included in the warehouses management system.
6 Key Features of Warehouse Management System.
We have collected some must-have features for a warehouse management system. Each feature will contribute towards the successful implementation. So, you must go through key features of warehouse management system.
Seamless Inbound & Outbound Operations.
A warehouse has several inbound & outbound operations. Day to day processes like bringing physical resources or products and putting all the data in the inventory are included in it. So, a warehouse management system can easily automate these operations and make them much quicker.
Each item will be labelled with a barcode. In this way, it can be identified or tracked easily. All of these features will bring efficiency. The inbound and outbound operations can be completed seamlessly. Also, the information will be displayed on a centralized dashboard for improved visibility.
Order Fulfillment is one of the main features of a warehouse management system. Plus, orders can be managed without any hassle. The whole process of order fulfilment is optimized. A specific workflow is followed to fulfil any order. The workflow is:
An order is picked up from the inventory then packed with the address upon it through the warehouse management system. It is then shipped to the destination. The system makes sure that the order is fulfilled quickly. Also, the order can be tracked to make sure it reaches the right person.
Manage & Control Multiple Warehouses.
Multiple warehouses can be located in different locations. Then, it becomes a complicated task to maintain communication and manage those. The warehouse management system takes away any complications. It is a cloud-based system. So, you can access it from anywhere at any time.
More than one warehouses are connected with the system. So, the stock levels of the individual warehouse can be displayed on the dashboard. Moreover, you can fulfil an order from a different warehouse quickly. It helps in manage and control all the warehouses from one place.
Each warehouse has people working there. A warehouse management system must have labour management tools. It can keep the employees on track with their tasks. Also, the performance of each employee can be tracked on the basis of key performance indicators:
- Orders Packed.
- Items Picked.
Even they can use pin or QR codes to record when an individual employee came and left the warehouse. So, there will be visibility about employees performance on a higher level. It can allow rewarding the productive workers. Plus, one can easily maintain a staff schedule.
Inventory Tracking & Visibility.
Each item of the inventory will be tracked through a barcode label. The warehouse management system will record every inventory movement. It will make sure that the delivered products are out of the inventory. So, the allocated space should be freed for the new products.
All of these changes will be displayed in real-time. So, there is high transparency of inventory amongst the users. The products are received with the receipt. Then, the system guides towards the best shelve to store the products. So, the locations of product inside the warehouse is recorded digitally.
Integration & Reporting.
The warehouse management system must have an integration feature. It will allow you to integrate the system with other software like accounting, inventory management, manufacturing and more. All of these systems will work together to provide the best results and higher efficiency.
Apart from integration, the system can help in making reports and performing analysis. So, you can have an understanding of the performance of your business. Reports can be generated to track the performance easily.
A warehouse management system can succeed if it has must-have features. These features are responsible for carrying out all the warehouse operations quickly. So, it would be best if you took your time while looking for a warehouse solution. Evaluate your choices and choose the best one for you. But, a scalable and flexible system with key warehouse management features will be good for every organization.