«Buy warehouses, not Amazon» — this provocative heading was the reflection on the rapid growth of the e-commerce market in 2018. During the last four years, there has been a boom in warehouse technologies investments. Quite likely, the Warehouse Management System is the cause.
By handling inventory poorly, you risk overstocking, an inability to forecast economic trends, challenges during taxation, and, most importantly – workplace injuries. How can we change it?
One way to enhance your supply chain is by using a robust Warehouse Management System (WMS) — a software that handles the day-to-day operations in a warehouse. AI for supply chain management also comes in handy. It guides inventory receiving and put-away, optimizes picking and shipping of orders, and advises on inventory replenishment. Actually, it’s the way to have a big picture of your assets, accounting, efficiency, and so on.
The WMS implementation can help you to:
- Reduce fulfillment time
- Increase inventory accuracy
- Improve customer service
- Increase warehouse productivity
- Reduce labor cost
Generally, WMS functionality covers all the phases starting from the incoming warehouse processes up to outgoing processes and order confirmation. WMS can be a standalone application or part of an Enterprise Resource Planning system — it all depends on your company’s needs and capabilities.
In the end, the overall goal of a warehouse management system is to achieve a paperless environment that directs your employees automatically on the optimal picking, put-away, and shipping of your products.
As companies face the global business environment, rising supply chain costs, and a broader ecosystem of partners and customers, a streamlined and sustainable supply chain is a key to growth.
With a strong commitment to customer service, we focus on our client’s needs and deliver only proven technology results. That’s why we advocate .NET & MySQL symphony as the most reliable technologies for Warehouse Management System development.
To sum it up, warehouse management software is essential for businesses with ambitions to scale and expand their goods range: e-commerce, retail, logistics, etc. Here at Empeek, we developed numerous tools for simplifying business processes and reducing unnecessary costs. We believe that a smart system (or re-engineered legacy software) is a must-have tool for any business, especially logistics companies.
If your company wants to increase the overall performance, build a custom integration, or merely use the inventory more efficiently — get in touch with our experts. We also deal with custom healthcare software development. Check our website to get more insights.