MANAGEMENT SYSTEM
A warehouse management system is a software solution that allows organizations to manage the entire supply chain fulfillment operations of a warehouse, right from the time goods or materials enter a distribution or fulfillment center until they move out to the store shelf.
Features of a Warehouse Management System Inventory Management Receiving and Put-away Order Picking and Fulfillment Shipping Management Modern, cloud-based warehouse management systems help you manage operations of any scale, from a single to multiple warehouses located anywhere in the world.
Inventory Management
Receiving and Put-away
software leverages
A WMS software allows you to receive, process, and put away items efficiently according to the warehouse flow and business rules. Integration of the WMS system with RFID, billing and inventory software, and other tools allows it to automatically receive, validate, and reconcile items against online purchase orders.
A custom warehouse management
automatic identification and data capture (AIDC) technology (eg: barcodes, RFID tags) to provide real-time visibility into your organization’s inventory, no matter where your warehouse is located. The WMS automates and streamlines your inventory management process, giving data-driven insights.
and Fulfillment
Order Picking
Shipping Management Modern warehouse management systems are capable of automatically generating packing lists, shipment invoices, bills of lading, and other crucial notifications, which will give you real-time visibility into the status of every consignment. For instance, you can oversee if the packages arrive on time and are delivered to the right destination. A report from the University of Chicago reveals that order picking accounts for 55% of the total warehousing cost. A smart WMS system helps you lower this cost by leveraging analytics to recommend the most efficient way to store, retrieve, and pack products. Today, competent warehouse management systems use technologies like pick-to-voice or light, warehouse robotics, machine learning algorithms etc.
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