Can your growing business ignore having a Warehouse Management application?
The essence of business from ages is to fulfill the requirements of the customers and make them satisfied with your services. Since the technology is in place, the way business is operated has changed drastically. But the essence of the business is to have satisfied customers. It all matters the quality of service offered to your customers
For any size of the business, it was all manual operations involved in keeping the ready stock available and to make speedy delivery arrangements to your customers. The advent of technology made big savings on time and money since the same manual operations can be made using software applications. The success of any business lies in the abilities exhibited in Warehouse Management Systems and Supply Chain Management.
What is a Warehouse Management System?
A warehouse is a centralized place for all manufacturing and supply chain operations by holding all the materials involved right from raw materials to your finished products. The objective is to ensure goods and materials pass through the warehouse most efficiently and cost-effectively. By using the internet, It makes a businessman have high visibility and high transparency in the inventory in any phase, any time, and at any location. The Warehouse Management System can reduce labor charges and can ensure customer service on a better note.
The warehouse management system can keep a track of the materials, goods, or products after reaching the warehouse. The tracking is continued till it reaches the end customer.
The tracking will apply the same in case any returns are made by the customer. Briefly, all the functions like receipt of goods, packing of goods, dispatch of goods tracking, and updating of the shipment together is called the supply chain
Types of warehouse management systems
With the influence of e-commerce bringing in 3PL, Third-party logistics can play a major role in your day-to-day business. It is quite interesting to know that the size and nature of your business can determine the type of warehouse management system . The types of warehouse management systems are
Standalone
It is the most basic and considered as one of the types of inventory management systems with ease of ability that can be applied to many industries beyond warehouse management. The standalone warehousing systems can be combined with existing or future solutions
Standalone consists of inventory management and warehouse operations.
Standalone WMS allows users to expect expiration date, tracking, barcode scanning, cycle counting, slotting, putaway, receiving, picking, packing, and shipping.
Supply Chain Modules
A type of system that can support the total management of the whole supply chain, while standalone solutions cover warehousing only.
Supply Chain Module can offer an advantage of combining your fleet management, inventory management, and warehouse management software solutions, into a single SCM platform
Supply Chain Module can assist to integrate with other business software solutions like PAYROLL and ERP SOFTWARE
ERP integrated system
Enterprise Resouce Planning combines the capabilities of many systems. ERP can be a better option for businesses looking to upgrade their software solutions on a larger scale.
ERP integrated systems can offer an additional edge and improve the ROI. Being a very specialized system can provide robust supply chain execution and scalability.
Conclusion
It makes it more meaningful to implement a warehouse management system that can offer high visibility and transparency into your business.
The advent of technology brought fetching times by reducing the manual involvement that can save time, money, and a salient feature that can be applied to any size and any type of business.
Warehouse Management System can assist to serve the purpose of better supply chain management and making customers satisfied on a high note,
At Krify, our well-dedicated team having expertise in the latest trends and technologies can make sure to deploy robust and quality-based mobile and web applications that can cater to your business needs. If you want to know further, you can reach us at @krify.