A warehouse management system (WMS) is a piece of software that is used to manage the day-to-day operations of a warehouse. It is used to control all functions from the time goods are brought into the warehouse until they are moved out for sale.

A warehouse management ERP assists warehouse managers in optimizing warehouse management by integrating other business processes, such as manufacturing, transportation, quality control, transfer, sales, and returns. However, when these processes are not synchronized on the same platform, the situation becomes far more complicated. With a Warehouse Management ERP, you can centralize all relevant business processes while optimizing floor space. In this article, we will look at some of these warehouse management software advantages-

1. Improved inventor visibility

A WMS uses serial numbers, barcodes, and RFID tags to provide real-time data on your inventory and this allows inventory management software for the smooth documentation of items as they enter the warehouse and during transportation. Inventory management increases visibility and can assist you in making forecasts about which products are in high demand from customers and which are not. It also allows you to track down a product using its ID number in the event of a recall.

2. Improved Risk Management

With market changes predicted ahead of time, you can plan and change your current business operations to deal with potential risks, or you can develop strategies for unexpected challenges.

3. Operating cost reduction

WMS can help reduce operational costs in a variety of ways. It optimizes labor and space utilization, obviating the need for anything extra. It also saves time moving and retrieving objects by identifying where they must be stored.

4. Efficient security

When mentioning transaction information, most warehouse management programs require employees to use their user accounts. This creates an audit trail that connects transactions to employees, lowering financial risks while increasing accountability. It also prevents unauthorized users from accessing certain reports that managers can use to protect any confidential information.

5. Better labor management

You can fill labor shortages with a Warehouse Management ERP. During the pandemic, there was a lot of turnover in the labor force. Dynamics 365 WMS enables you to maximize your current workforce potential and complete tasks efficiently, even when labor is scarce. A unified Warehouse Management System ensures that your tasks are managed on a single platform, eliminating the need for additional staff to manage them separately.

6. Make the Most of Your Space by Increasing Your Storage Capacity

A proper warehouse layout is critical. High-priority and popular items should be placed nearer the loading docks. Someone should also store items that are typically sold or kitted together close to one another. Replenishments to fast pick locations should come from letdown points close to the replenishment point. Not only can the WMS direct items to be stored in the most efficient location in the warehouse, but it can also direct items to be appropriately slotted while considering factors such as velocity, size, and environmental factors (i.e., hazmat, cold, etc.). Better, more efficient space utilization correlates to lower storage costs and more efficient warehouse operations.

Conclusion

managing warehouses can be difficult, because of the complexity of operations. A company can significantly reduce errors and increase profitability by using well-designed warehouse management software.

As you have seen, an out-of-date WMS can cost your company money. Are you prepared for the most effective WMS upgrade? Contact us today at 13SQFT.COM to learn more about 13SQFT, its benefits that will meet your needs, and the seamless deployment to get your operations back on track.