Archives for Warehouse Inventory Control Software

Warehouse Management Automation Benefits

Warehouse Management Systems are becoming more popular as supply chain logistics continue to develop with ever more complicated requirements that effect warehousing along with increasing customer demands.  With an expanding volume of inventory movement, many organizations are turning to technology to streamline operations and meet these challenges.

With advanced functionality through Warehouse Management Systems, WMS technology allows companies to respond to evolving market pressures and deliver on ever-shrinking time to delivery windows.

These system are designed to create highly efficient processes for handling inventory and picking orders that will eliminate the inefficiencies and mistake riddled processes that plague most manual-driven warehouses or absent warehousing functionality systems.

Another result of WMS technology is the ability to  enhance your customer satisfaction numbers and most likely help you attract new customers without adding to your workforce.

This post can give you some insight into how Better Warehouse Management Strategies through Automation are key to meeting the demands of a  modern business supply chain logistics  environment along with reaching your organizations goals.

Warehouse Management Automation Benefits:

Enhanced Productivity:

Utilize advanced functionality to increase inventory turns and provide detailed worker accountability, resulting in heightened productivity and maximized efficiency. Optimized warehouse processes reduce picking time and product touches by allowing you to seize cross-docking opportunities. It also minimizes travel paths with slotting/re-slotting functionality, optimizes picking execution with user-configured algorithms, and intelligently directs put-away to the appropriate bins based on product handling characteristics. Furthermore, our solutions virtually eliminate the need for non-value-added activities such as manual checking and shipment audits.

Achieve Up to 99%+ Inventory Accuracy:

Through robust cycle counting capabilities, real-time information confirmation and verification, our solution gives your employees and their managers immediate feedback on work accuracy. An accurate system ensures workers are not looking for missing inventory or overloading any given location. This also helps you avoid costly errors.

Boost On-Time and Complete Shipments:

The accurate order picking functionality “best-inbreed” WMS systems allows you to deliver complete orders on time. Increased fill rates and decreased cycle times enable you to avoid costly shipping delays and backorders that jeopardize valuable customer relationships. In addition, overall process efficiency decreases cycle time, resulting in more on-time shipments.

Warehouse Space Optimization:

HighJump Warehouse Edge provides directed stock rotation, intelligent picking directives, automatic consolidation, and cross- docking to maximize the use of valuable warehouse space. The system also directs and optimizes put-away based on accurate, real-time information about the status of bin utilization.

Reduce Shrinkage and Spoilage:

Better Warehouse Management Systems solution facilitates real-time monitoring and enforces FIFO (first-in, first out) rotation to reduce spoilage. In addition, high levels of worker accountability empower you to detect shrinkage problems

Exceed Customer Expectations:

Another benefit, sometimes intangible, is to empowered to consistently deliver on customer promises with the ability to reduce cycle times, stock-outs and backorders; improve order accuracy and on-time shipments; and offer unique services

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Warehouse Management Systems Guide

When evaluating different technology for better supply chain optimization, a Warehouse Management Systems Guide can help answer questions regard functionality, expected benefits and return on investment. A successful Warehouse Management System (WMS) implementation can provide a quick ROI, serve as a foundation for instituting a continuous improvement culture and facilitates on-going annual benefits, plus greatly increase the efficiency of flow of goods in and out of the warehouse.  For some companies, justification in a WMS is a matter of survival. Having the right material available at the right place and at the right time is no longer enough. In today’s economy potential requirements include:

  • Compliance LabelingBeautiful and happy female boss in warehouse
  • Floor Ready Displays
  • Advanced Ship Notices (ASN)
  • Postponement
  • Light manufacturing
  • Collaboration
  • Unique Customer Demands
  • And More!

Leading companies are realizing information has a specific shelf life value that diminishes over time, often by the hour or minute. Many of the processes and activities being managed and monitored by Supply Chain Event Management (SCEM) applications relate directly to warehouse operations. As the focus on SCEM applications continues to grow, the need for real-time activity tracking and inventory visibility offered by a WMS becomes even more critical to your organization.

Regardless of your perceived need for a WMS, an effective campaign to procure and implement a new system could depend on a solid business case. A good business case will include both tangible quantitative dollar justifications and the qualitative, intangible benefits difficult to enumerate. This paper introduces a tool to use when developing a project justification, identifies benefit categories for potential inclusion in the business case, and discusses areas of opportunity within the various benefit categories

A sound business case is critical to obtaining the management and employee support so important to a successful system implementation. The business case will consist of two components;

1) A Financial Business Case

2) Narrative explaining the assumptions behind justification estimates and providing an accurate picture of the intangible benefits.

A business case is a cost/benefit analysis aligning the project goals, costs, and risks to the company’s business objectives and financial expectations. The bottom line, the value of the benefits over the life of the project, normally 3-5 years, should exceed the total investment of the project over the same planning horizon.

This detailed guide will review both the tangible and intangible benefits associated with Warehouse Management Systems in addition to Return On Investment (ROI) financial considerations:

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Big Gains in Inventory Management Accuracy using Small Bar Codes

Have you ever given the bar code label much thought about it’s origin and what is can do? The barcode label is everywhere and it is no longer just a bunch of odd shaped vertical lines with numbers under them.  Today you can store a tremendous amount of information in a small rectangular shaped bar code.  Retailers have been scanning bar codes at check outs for years.  But how are they used in conjunction with a warehouse management system and more important why?  In the below concise post, we will focus on how this small wonder can give you big gains in inventory management using small bar codes.

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The bar code label is the key or backbone of the proper and efficient movement of inventory in the supply chain.  Along with Warehouse Management Systems, or WMS, the advanced technology can dramatically increase the overall accuracy of your inventory.  The second product hits your dock to be received you begin using the bar code on the product to receive it into inventory and track it throughout its life in your warehouse.  If you receive product that does not have a barcode you can print one for it based on the information you want to be imbedded in it.  Barcodes can hold quite a lot of info, item numbers and lot numbers to mention a couple.

Once we have scanned the bar code during the receiving process we then can put the product away, move it, replenish pick bins and pick it using the bar code on the item.  Inventory never gets lost.  You can always see what you have and where it is in the warehouse.  Bar coding keeps your inbound staff from making mistakes by not receiving the correct items and keeps your pick staff from making mistakes by not picking the correct items.  Your material handlers keep from making mistakes like moving the wrong items to the wrong location or replenishing the wrong pick bin. Bar codes make cycle counting the inventory a snap and this allows you to stop doing time consuming and expensive physical inventories.

This is all tied together by the warehouse management system which tracks all the work and movement in the warehouse of your products and people and delivers the correct real time pertinent information back to your ERP system.

WMS solutions like Accellos One Warehouse are all about cost savings.  These savings can be added directly back into the business. This is crucial in today’s business market.  The bar code, no matter how simple or complex it needs to be, is at the center of these savings.

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