'Warehousing Management System' & its benefits

'Warehousing Management System' & its benefits
Warehousing involves several functions. The basic warehousing function includes, receiving and sorting of the goods, dispatching to storage, placing in storage, retrieving from storage, accumulating orders, packing the orders, shipping the orders, and record-keeping of the goods.

Thus, main objective of the Warehouse Management System is to check the movement and storage of the goods from one place to another.

The implementation of a warehousing management system requires collection of data related to warehouse, goods or inventory along with the basic strategy for operating a warehouse. The implementation helps a company to give quick delivery to their vendors and reduce labor cost as most of the part is handled through the warehousing management software, and increases customer satisfaction.

Benefits of Warehousing Management System:

• Updates warehouse manager:
With the help of WMS, a warehouse manager gets updated with the status of the shipment, order completion, and re-scheduling of the shipment.
As a result, customer satisfaction is increased.
• Retains customer relationship:
WMS has a separate module “Customers”, which greatly helps the Customer Care department in maintaining pleasant relations with the customers. The department can easily record the transactions done with the customers or meeting the customer complaints.

• Check on shipping material:
WMS checks the order before sending to the customers.
Sometimes wrong package is shipped to the customer; WMS then prompts a warning message that order of XYZ customer is wrongly placed in the packet of ABC customer.
• Eliminates bottlenecks:
WMS automates each and every warehousing process. This reduces the operational bottlenecks that arise during the process, increases production level, and flow of
In-coming customers.

• Eliminates wastage of time:
WMS helps in storing and retrieving of inventory at faster pace, which eliminates the wastage of time spent in searching the inventory.

• Record of productivity :
WMS records the productivity of the working staff. The process of recording the productivity helps in remuneration of the staff.

• Reduces inventory cost:
Warehousing management maintains the flow of the inventory. This helps in increasing profits.

• Return on working capital :
Warehousing management increases the returns on working capital for an organization. Since, the whole process of WMS moves around the warehouse, the returns on investment becomes clear.

• Track of inventory:
Warehousing management gives the real picture of the stock of inventory. Inventory, over stocked or under stocked, is harmful for an organization. Under-stock leads to cancellation of the order and overstock binds the working capital that may, at times lead to debts.

• No technical skills hiring :
Generally, implementation of any automation system, such as WMS gives an idea that to operate a system, extra technical skill force is required. However, WMS is designed in such a manner that even a low level employee can operate it.

• Control losses:
At times, companies suffer losses due to carelessness of the staff, wrong consignment shipping, or inaccurate billing. WMS helps in controlling these losses.

• Easy activities tracking:
WMS makes the working of the warehouse transparent. All the activities are recorded in the system. Even warehouse or sale offices located at distant places can keep track of the other warehouses activities.

• Eliminates wrong data entry:
WMS does not allow everyone to manipulate, add, or delete the records. This maintains accuracy.

Many companies like software development company provide best solution for warehouse management. They help warehousing management to concentrate on core business and at the same time keep control on the warehouse activities. This helps in improving the company profitability.

Christa Joe is the author of this article. She has been demonstrating her writing skills by writing the articles for custom application development like Q3 technologies from last two years. She also has a keen interest in writing stuff for warehousing management related firms. For more details, feel free to visit http://www.q3tech.com

More Data Warehousing Articles