Do you want to know what WMS system is all about? Good thing, you have come to this page. Today, you are going to learn more about WMS system including the benefits it can offer.
What is a Warehouse Management System?
A WMS or warehouse management system is the major part of the supply chain and it basically aims to manage the storage and movement of materials inside a warehouse. It then processes all the related transactions that involve shipping, receiving, picking and putaway. The WMS system also directs and optimizes the stock putaway depending on real-time information regarding the condition of bin use.
The WMS software is the one that monitors the advancement of the products over the warehouse. This includes the physical storehouse infrastructure, tracking systems as well as the communication between the product stations. More specifically, warehouse management includes the receipt, storage as well as the movement of freight that are usually finished goods, to intermediary storage areas or to the last customer. Within the multi-echelon form for allocation, there could be different warehouse levels. This will include a central stockroom, a local warehouse that is serviced by the main warehouse, including some potentially retail stockrooms that are serviced by the local warehouse.
WMS typically makes use of automatic recognition and information capture technology like barcode scanners, wireless LANs, mobile computers and potentially RFID or radio-frequency identification in efficiently monitoring the products’ flow. Once the important data is collected, there can be either a real-time wireless transfer or batch synchronization to the central database. That particular database could offer useful reports regarding the status of the goods inside the warehouse. Warehouse design & process design inside the stockroom like wave picking is also an aspect of warehouse management. Warehouse management is an element of supply chain management and logistics.
The objective at the back of WMS is to offer a collection of computerized processes designed for the management of the warehouse inventory, equipment, space and people who aim to minimize the cost as well as the fulfillment times. These include:
- A typical receiving process to correctly handle the shipment the moment it arrives. This particular process could be individualized to every product type or warehouse.
- The reception of stock & returns into a stockroom. Effective WMS software helps the companies to cut their expenses by reducing the amount of unimportant products and parts in storage. This also aids the companies to keep little to no lost sales through having a sufficient stock on hand so as to meet the demand.
- Managing and modeling the logical illustration of physical storeroom facilities like racking. For instance, when some products are usually sold as one or more famous as compared to others, those products could be grouped together and placed close to the delivery section so as to improve the procedure of picking, packing & shipping the items to customers.
The Benefits of WMS System
- Implementing the WMS would mean that the companies will be able to cut staffing level in two different ways.
- Giving a customer with goods they like, during the period of time they like them would be facilitated in no little way by WMS.
- A WMS may sit at the core of a function which is optimized so as to gain the maximum use of the facilities.
- Real-time reporting from a WMS that has been well implemented could offer warnings of stock control problems ahead of time.