The Expert Tips: Latest News; Videos, Photos about expert tips | News and Tips Expert Blog

Retail companies thrive on instant gratification. Thus efficiency becomes crucial for warehousing and supply chain companies. Still relying on outdated technology, manual counts, paper inventories etc., can put these companies in great risk. Implementation of the WMS or Warehouse Management system can upgrade the workings of these companies thereby making them efficient and cost-effective. Simply speaking, the installation of the WMS software enables supervisors, business owners and warehouse managers to get a bird’s eye view of the whole system. It enables tracking of every item individually from their entry into the warehouse till the time they leave it. There are several advantages involved in the setting up of the WMS. The important advantages are: Better inventory management: Manual counts and the insurmountable mounds of paperwork characterised the traditional methods of inventory management. This resulted in inaccuracy and a sluggish work process. With the in

Today WMS or the warehouse management system forms the basic foundation of all logistics and supply chain companies. This software enables logistics companies to maintain a degree of control over storage, distribution etc. This increases the efficiency and productivity of its internal operations like material management, inventory balance, auditing, pickup processes etc. The implementation of the WMS is most effective when it enables logistics companies to rise over the average and become extraordinary in their functioning. This is facilitated by the use of a customised solution to enable the smoothening of the workflow by the incorporation of the following processes: • Warehouse designing:  The motive is to maximise available space. The WMS with its internal warehouse designing ability can do just that. Thus it helps increase storage space by optimising inventory allocation so that the warehouse can handle seasonal variations competently. • Real-time capabilities:  

The warehouse management system is a complex but systematic process involving the storage and transfer of goods from their production points to their points of consumption.  While the process might seem very simple, today companies involved in warehousing do much more than just managing logistics. With e-commerce gaining popularity, the work of these warehousing services company has become more extensive and detailed.  Some of the important functions that they perform are: Order processing: This is one of the most important functions performed. After the order is placed on the e-commerce companies, they pass them on to their logistics partners. These warehousing partners then: Sort out the order based on such criteria as delivery date, payment mode, product description etc., Invoice the products, Package the products and Transfer them further to mini-hubs or deliver them directly to the customer. The importance of processing an order accurately lies in the fact th