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Warehouse Management System
A warehouse management system (WMS) is a type of software used to manage operations in a warehouse including inventory management, picking processes, and auditing.
A WMS is an instrumental part of the supply chain, the primary goal of which is to track and control the movement and storage of product or materials within a warehouse, and process the associated inventory actions, including: receiving, adding, picking, quality control, shipping and reporting should the company be involved in eCommerce
A warehouse management system streamlines and facilitates processes and a product's journey throughout the warehouse; for example, such systems will direct and optimize picking by utilizing real-time inventory data to determine the proper warehouse location to retrieve the product from.
More precisely, warehouse management involves the receipt, storage, and movement of goods, (normally finished goods, but kits may also be managed by a sophisticated WMS), to intermediate storage locations or to a final customer.
Today’s business environment requires you to implement innovative solutions to effectively manage increasingly complex supply chains while simultaneously reducing operational expenses It’s your job to continually improve processes while constantly managing change and meeting strategic business objectives. To accomplish this, you must arm yourself with a warehouse management system and a partner who embraces agile, innovative solutions.
This Solution supports in the automation of Warehouse integrated with ERP or any other system thereby improving the overall accuracy of Inventory valuation and stock position.
Benefits of Warehouse Management Solution:
• Increased Warehouse Productivity
• Greater Transparency
• Increased accuracy
• Better service Levels
• Flexibility & Scalability
• Reduced Costs
Glosap’s Champions have built the supply chain technologies that allow you to respond to market needs – all delivered through our future-proof, mobile-enabled execution platform. We pride ourselves on providing a centralised, automated warehouse management solution for companies of all sizes, whether small-to-medium-sized businesses or enterprises, that makes it simple to manage complex activities. We can help you to boost productivity, reduce costs, shorten order fulfilment times and increase customer satisfaction.
Our focused warehouse solution can be implemented on its own or part of a comprehensive ERP solution [SAP Business One, SAP All-in-One, SAP HANA & Microsoft Dynamics NAV & AX] that also includes financial, HR and supply chain management systems. It can also be fully integrated with any other ERP solutions. This integration means information flows easily through your organisation, giving you better business insight and control, and supporting you to grow. On top of that it is fast to deploy, easy to use and very scalable.
Features of Warehouse Management Solution
Receiving and Returns: The receipt of stock and returns into a warehouse facility. An efficient warehouse management system helps companies cut expenses by minimizing the amount of unnecessary parts and products in storage (not too much in stock). Similarly, a WMS assists in preventing out of stocks (stock outs, oversells, etc.) by maintaining accurate real-time quantities (not too little in stock). A warehouse management system's primary purpose is to maintain the proper balance of inventory.
Warehouse Logistics: Modelling and managing the logical representation of the physical storage facilities (e.g. racking, etc.). For example, if certain products are often sold together or are more popular than others, those products can be grouped together or placed near the delivery area to speed up the process of picking, packing and shipping to customers.
Integrations: Enabling a seamless link to order processing and logistics management to pick, pack, and ship product out of the facility. If the system is managing a company's inventory, integration with an EPR software might be necessary in order to track sales from the seller's various locations.
Reporting & Forecasting: Tracking product locations, suppliers, and storage duration allows companies to control inventory levels and maximize the use of warehouse space. This practice of analysis better prepares businesses for the demands of the market, especially during unique circumstances such as a peak season, holidays, or during daily deals. Via the reports generated by the inventory management system, much can be discerned, such as best-selling SKUs, target price range, fastest moving SKUs, SKU history, etc.
Glosap’s SWMS Advantages:
• Complete suite augmented by uniquely flexible configurability to fit every level of complexity and volume
• Operation managers benefit from advanced reporting and processing
• Visibility across the operation that increases order accuracy
• Optimization and Efficiency with complete tools to improve warehouse operations Reduced costs and more free time to focus on where your business actually needs you.
• Low total cost of ownership [TCO] and quick return on investment [ROI]
• Rapid, painless implementations by our trained IT experts.
• Seamless integrations with all the leading ERP providers and eCommerce platforms
Mobile Inventory & Barcode and QR Label Printing:
Mobile computing and barcode technology is today’s standard for industrial data collection because of its low cost, high reliability and ease of use. Glosap’s Mobile Computing Tracking System has all the tools to automate data collection across your entire supply chain operations.
Glosap’s Barcode Label Printing System allows barcode labels to be printed from a basic stand-alone label printer to any windows support printer in your network. Completely integrated with our other modules, it allows direct printing of product master details as well as batch or serial number from the database
✔ Non-standardized bin location number and unorganised warehouse – no structured way to identify storage and product location easily
✔ Inventory gaps - Excess and obsolete inventory which will lead to wastage and over stock.
✔ Inaccuracies of stocks - Missing inventory, short shipments and lack of staff productivity Potential Benefit of Inventory Management Automation
✔ To implement the use of a bar code Solution that will provide accurate and timely decision support for multiple functional organizations.
✔ Support complete inventory tracking and provide efficiency during stock count.
✔ Find and track products as they are moved around a warehouse.
✔ Accurate data collection and dissemination of information for each of its facilities, and any future facilities.
✔ Streamline work processes, include thorough training for all users of the new technology, and improve the accessibility, timeliness, and accuracy of data
✔ Increase data accuracy and reduce human errors
✔ Ability to increase productivity and efficiency
✔ Automate order fulfilment and stock movement process
✔ Increase employee productivity and reduce labor cost for production & administrative functions
✔ Real time data validation and processing across the enterprise to production and distribution
✔ Provide management reporting and costing information for all distribution activities
Glosap barcoding and mobile applications for inventory management, purchase order processing, and sales order processing that supports real-time communication with your SAP S4 HANA, SAP Business One & MS Dyn NAV system.
For More information about WMS Solution – Contact - firstname.lastname@example.org
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