Top Warehouse Management System Software Benefits 2020

Top Warehouse Management System Software Benefits 2020

Why do we need a warehouse management system?

One of the riskiest results of poor warehouse management is occupational injury. A total of 5,250 workers died from a work-related injury in the U.S. in 2018, up 2 percent from the 2017 total of 5,147

 

To ensure safety at the workplace as well as maximizing efficiency and profitability, warehouse automation is something useful to consider. In today’s business climate, where automation tools are readily available, consumer and business habits are shifting to expect traceability, visibility, and accuracy as operational baselines.

 

Automation, in simple terms, means identifying the repetitive tasks in your operations that consume too much time or leave too many opportunities for errors. Identifying these areas within your operational processes will help you choose what types of technologies to explore. 

 

There’s no doubt that automating your warehouse process is a hefty investment. While it may seem like an overwhelming endeavor, once implemented, you’ll wonder how the business ever operated without it.

 

Here are the top benefits of the warehouse management system (WMS):

 

  • Warehouse Automation: Businesses have recognized the need to automate many of their internal processes in order to keep up with customer demands. Using a WMS will enable your business to keep track of the tedious routine work, such as tracking inventory, planning & management, monthly reporting, and multi-ordering.

  • Transparency and Visibility: Implementing a WMS will allow your business to become more transparent in its operations and processes by monitoring and controlling the details. Doing so will increase your end-to-end visibility, which is essential to becoming a more outside-in business as well as understanding what is happening within your warehouse at all times.

  • Customer Collaboration: The importance of data, analytics, and dashboards aren’t just for your internal business. With a modern WMS, customers and key stakeholders can enjoy role-based access to key information in real-time and on-demand. Customer dashboards and KPI measurements can help inform their own decision-making, enhance customer satisfaction and clearly demonstrate your value to their business.

  • Accuracy and Speed: Purchasing a WMS for the first time, or updating your system, will streamline your processes. It might take some time to adjust to the new system, but eventually, you’ll see fewer errors in your operations, like quicker and more accurate deliveries.

  • Increased Productivity: Although it is a challenging process, by successfully training and integrating your staff with a WMS, you will see immediate and long-term returns. There will be a noticeable difference in productivity. Your operations will be easier to manage and locating items will be far simpler.

  • Connecting & Integrating Businesses: Many of the older, outdated Warehouse Management Systems have trouble connecting with other businesses, i.e. 3rd party software, ERP’s, and hardware. By upgrading or purchasing a modern WMS,  increase your business opportunities and reduce the time spent editing, exporting, and re-uploading fields and fields of data.


 

The tasks where warehouse automation is possible may include:

 

  • Picking

The picking process is present in every warehouse -- and automating picking can turn it into a one-person job! In this scenario, a combination of modular shelving and robotics are put to work. It’s a process that is extremely costly to install and maintain, as it’s quite an intricate system. Pick to light and pick to voice are worth consideration as part-manual, part-robotic processes. Due to the reduction in manpower and labor limitations, it can have a positive impact on your bottom line in the long run.

 

  • Barcodes and Scanners (RF, RFID Readers)

Keeping track of which items are moving in and out of the warehouse is crucial to your business’ survival. A process that used to take an immense amount of time has been radically reduced across the industry with the advent of barcode labels, warehouse signage, and other hardware in order to read these labels. The implementation of this process has significantly reduced human error and allowed businesses to keep a closer eye on their stock in near real-time.

 

  • Vehicles (AGVs)

Forklifts and pallet jacks have long had a place in the warehouse setting. Automated guided vehicles (AGVs) are the answer to these traditional pieces of equipment -- without relying on a driver (move over, Tesla Autopilot!). These vehicles follow predetermined routes in the warehouse, picking up products and placing them where they need to go.

 

  • Inventory

Surprisingly, many warehouses still rely heavily on pen-and-paper inventory counts. It almost goes without saying, the margin for error here and difficulty to trace is huge! Not to mention the amount of time it takes to perform these tasks. Inventory automation is the most simple and cost-effective process warehouses can implement in order to manage their stock.

 

  • Back-end office

Automating back-end office processes enables warehouses to have access to real-time data, which is a great hindrance to their overall performance. An effective warehouse management system (WMS) will have constantly up-to-date data, in order to reduce any inventory inaccuracies or supply chain disruptions.

 

What is the best warehouse management system?

Automating your warehouse’s tasks using one or more of these tools is undeniably a huge endeavor and hefty investment to take on, but one that is sure to pay off in the future -- leaving your business up to pen-and-paper methods and human error is far too great of a risk. Streamlining your operations will be key in order to stay competitive as a business.

 

WMS360ᵀᴹ is the singular solution to perfect warehouse operations in single and multi-warehouse environments. The flexible configuration-driven and rule-based system are easy to deploy and intuitive to customize, with advanced features that allow integration with third-party platforms, full warehouse automation, EDI, and document management systems. Identify, analyze, and fix workflow challenges immediately and optimize people, processes, and places for success.

 

The system provides a comprehensive insight to position warehouse operations for business success and includes robust features:

 

  • Inbound and outbound planning

  • Inventory management

  • EDI gateway platform

  • RFID tracking and integration with automation hardware

  • Omni-channel integration

  • Task monitor and real-time alerts

  • Customer portal

  • Business intelligence dashboards

  • Role-based access



 

Core WMS360 Features:

 

Inbound Planning

  • Appointment Scheduling

  • Gate Management

  • Receiving ASN/BOL

  • Put-Away/Cross-Docking/Flow-Through

 

Outbound Planning

  • Wave Management

  • Picking

  • Packing

  • Shipping

  • Shipment Building & Optimization

  • RF Loading & Manifesting

 

Inventory Management

  • Location/Zone Management (by Customer)

  • Cycle Count

  • Real-Time Worker Views

  • Real-Time Inventory View & Tracking

 

Automation

  • Self-driving robots carry cartons, pallets in warehouse

  • Pick-to-Light for easy, accurate picking

 

Value-Added Services

  • Customer Portal

  • Task Monitor

  • KPI Dashboards by Industry

  • Billing & Invoicing

  • Document Management

  • Integrated EDI Platform

  • Role-Based Access Control

  • Mobile Warehouse Management App

  • Transportation Event Tracking

  • Customer-Specific Workflows

  • Customizable Labels

  • Multi-Account/Multi-Warehouse

 

Real-Time, Automatic Monitoring

  • RFID Applicators attach RFID tag on cartons, pallets at receiving

  • RFID sensor marked locations to monitor accurate putaway and real-time inventory

  • RFID Gateways monitor in real-time any movement/changes in the warehouse


 

Ready to bring automation in your warehouse? Demo WMS360 risk-free today!

 

Got questions about what technologies are the best fit for your business and warehouse? 

 

Capitalize on our in-house team of supply chain technology experts, from the first demo through ongoing service upgrades. From your implementation team to product developers to customer service, we are well-versed in the world of logistics and supply chain needs. Contact us for more information.