The current pandemic has introduced new challenges to running a successful business. In the warehouse, it is imperative to have the correct systems in place to keep business operations running effectively to handle the new pressures and challenges. Businesses are realising the importance of Warehouse Management Systems. Discover why a Warehouse Management System is a vital component for your business.
Core benefits of a Warehouse Management System
Technology works faster and more accurately
Barcodes have made item identification fast and reliable. Estimates are that about half of warehouses are currently not using barcodes in all their warehouse operations. The software has to be able to handle correctly validating each step in the warehouse process to ensure the right items are picked and shipped to the right customer.
Location codes ensure the warehouse workers are not wondering around looking for product and they are directed to the correct lot or serial number. RF Networks are used so that all information is in real time. Wireless Terminals replace paperwork which is more susceptible to errors. Reducing errors can save a tremendous amount of money by doing it right the first time.
Increasing Picking Efficiency
trying to increase output without increases expenses can be a challenge for businesses today. It is easier to deal with if you have visibility to key pieces in your picking process such as orders picked per hour, lines picked per hour, and items picked per hour.
The time involved on each order represents costs. Software can help make improvements by tailoring it to maximise per performance by employee, process, customer and product. This will lead to faster order fulfilment and less cost per order.
Just-in-time inventory
Inventory has a carrying cost based on space and time in the warehouse. Keeping goods on the shelf for shorter periods of time and maximizing warehouse space reducing the carrying cost per item. In order to achieve this, inventory accuracy must be accurate, put away procedures and placement of goods need to be programmed into the software, and there has to be immediate communication from the WMS to the ERP. Customers will also benefit from the quicker movement of their goods.
Lower Operational Expenses
Using a WMS has proven to require less resources than warehouses operating without a WMS. Typically, the same output can be achieved with 25% less people. Keeping the same staff should allow for an increase in output by 25%. In addition, training is much easier and requires less time.
Seasonal workers can easily be brought in to deal with the increases in demand. In addition, all these improvements can lead to reorganizing workloads, shifts and hours to maximize output without increasing the size of the warehouse.
Many businesses are operating on thin profits. Investing in a WMS can mean the difference between making money and losing money on each order. It can boost your business operations overall and management make strategic decisions for reducing costs and driving more business. To lean more about proVision WMS and our variety of solutions. Contact us today.
