By Samskruthi Parthasarathi
What exactly is WMS?
A warehouse management system is a key software that allows our operations administrators to monitor the arrival of goods till they are moved out. At any given time, the WMS will let us know inventory details, including location, whether the good is in transit, and even help manage operations from manufacturer till warehouse, and then on to the retailer or distribution centre.
5 Key Reasons to Use a WMS
- Heightened security. With meticulous records of inventory, there are no slip ups past the door, intentional or accidental. And through automated data capture such as radio frequency identification (RFID), ILC is eliminating all cases of theft around the clock. Besides theft, automatic segregation of precious or even hazardous materials can also avoid mishaps in the warehouse.
- Premise and equipment care. Forklifts, pallet jacks, trucks and carts are just some of the equipment we use on site and they all have low life expectancy through wear and tear. The more efficient we are with our stockpicking, piling and resetting, the less our cost on equipment repair and replacement.
- Labour productivity. Did you know the most expensive component of running a warehouse is people? Our WMS manages workers’ tasks to enable labour productivity. It selects from a queue all pending activities and prioritizes them, especially when it comes to picking and packing. Our workers can use lot zoning to guide pick-and-pack efficiently. They know exactly where products are shelved, can reduce walking time and even pick more orders in less time. We also receive planning feedback to our managers who can study and estimate how and when to use workers throughout the day. Not only do we fulfil a higher volume of orders, but we also require fewer people and avoid redundancies in job allocation in all parts of the supply chain. When we reduce these costs, we invest in other areas of our organization and drive down expenses for everyone.
- Better capacity. Most warehouses keep surplus inventory when existing inventory information, such as customer orders and projected receipts, is slow, inadequate and even inaccurate. Our WMS gives us zero information lead times and up to date inventory levels so that surplus is kept at the minimum. This means reduced inventory levels and increased dollar value of goods processed per square foot of our warehouses.
- Continuous improvement. It’s no secret that technology can give an edge over competitors. And WMS is a brilliant software that matches market demands. At ILC, we are able to respond to customer requests rapidly, manage the quality of work performed, and keep costs down. Our consulting team receives data driven information that can optimize a client’s business and our workers are happier, safer and highly incentivized in an efficient and productive workspace.
As you can see, a WMS is more than just an inventory system. It manages the entire operations of our warehouse, including labour. We believe the better information we have, the better our decisions. And if we can do it with zero lead times and zero error, our customers are going to benefit too.