THE 6 KEY BENEFITS OF A WAREHOUSE MANAGEMENT SYSTEM
Thanks to innovative developments in technology, modern distribution techniques are now being used worldwide, with warehouse management systems (WMS) helping to solve many of the major challenges that organizations struggle with today. From poor inventory management to bad customer service, a WMS provides an effective solution to counteract such struggles, proving to be a resourceful first step to building a better business.
1. Faster Inventory Turnover
The first step in improving the running of your warehouse and thus your business is to improve your inventory management. By inventory management, we mean total control of your inventory, from receiving to shipping.
Without a fundamental understanding and full visibility of your inventory, you face the problem of either carrying too much stock leading to a decreased cash flow, or worse, running out of stock resulting in backorders that will most likely make your customers unhappy.
An efficient WMS can vastly improve inventory management, creating a faster inventory turnover. By limiting inventory movement and improving record accuracy, a WMS can help to reduce lead times, reducing the need for safety stock.
2. Enhanced Customer Service
A WMS enables inventory paperwork to be reduced which means reports, pick tickets, move tickets and packing lists can all be maintained electronically. By streamlining processes from order to delivery, product availability can be more accurately determined giving more realistic delivery dates to customers, reducing the level of customer complaints, and enhancing your overall customer service.
3. Warehouse Personnel Reduced
A WMS system can mean benefiting from increased efficiency within your warehouse by standardizing inventory movements, picking methods, and inventory locations, whilst lowering error rates and reducing training costs. It can also help to optimize stock flow via an automated replenishment system.
4. Better Stock Control
The nature of warehouses means that stock is constantly on the move. Whether it is coming in, being stored, or going out, there are goods traveling in multiple directions, which can make the process confusing. We recommend that you track which items of stock have the quickest turnover so that you can store them more efficiently and keep downtime to a minimum.
Tracking each of your product’s whereabouts in your warehouse is a mammoth task and losing track can have costly consequences for your business. A warehouse management system allows you to locate and retrieve goods in an instant. Better still, using a portal allows you to view this information too, so you never lose track of how much stock you have, and you know exactly where it is in your warehouse.
5. Optimised Warehouse Space
Having enough storage space is vital to an effective warehousing operation. Correctly organizing your warehouse can maximize the number of goods that can be stored, for example, using narrow-aisle equipment will allow you to place racking closer together.
A warehouse management system is designed to locate items in relation to sell-by date, receiving assembly, packing, and shipping points, meaning your inventory holding costs can be lowered.
6. Improved Labour Productivity
A slow, inefficient, and unproductive warehousing operation is likely to be caused by a number of smaller issues such as outdated processes and a lack of staff motivation. To help increase efficiency, it’s important to develop modern systems and techniques, and a warehouse management system can help with that.
A WMS can help to optimize stock flow by utilizing an automated replenishment system to top up pick face stock. Scanned picks provide a seamless link back onto the software and then onto the invoice or transfer note.
Warehouse Management System Dubai
CloudMesoft provides the ideal situation to increase business volume. Restaurants and retail outlets with single or multiple branches can enhance their output using our software. We offer you the Warehouse Management System Dubai , UAE, Saudi Arabia, Oman, Bahrain, etc. If you want to know more about our services, please call us at 04334 4030 or email us at info @ cloudmesoft.com.
