We at Utsav Enterprises - Warehousing & Logistics use WMS to:-
Optimized Space and Lower Operating Expenses
Warehouse management systems optimize warehouse flow by analyzing the best use of floor space based on the task and material characteristics. In the WMS implementations, the use of space and floor plan analysis is used to determine how space should be best used and provides opportunities for reducing waste – waste of premium floor space and waste of time for locating product. This will also lessen potential cost resulting from excessive material movement, time consuming placement, and retrieval. By considering the best locations to store products, as well as materials or equipment, a warehouse can lower its operating expenses.
Inventory Visibility
Using a warehouse management system will also provide visibility of accurate, real-time inventory levels. This enables a company to more securely estimate supply and avoid backorders, which leads to more satisfied customers.Warehouse management systems work in conjunction with the enterprise ERP and planning functions to provide demand to forecasting functions by sharing precise information about how certain products are performing. Product demand and seasonality is reflected as items are transacted and information communicated. Therefore, with this information, planners can make reliable decisions about which products to adjust for the company to increase revenue or mitigate losses.
Effective Labor
Considering workers’ skill levels, their proximity in the warehouse, their equipment, and available warehouse tasks, a warehouse management system can better assign the right task to the right person at the right time. Optimization of travel time within the warehouse is one of the greatest benefits that the WMS can provide to improved labor utilization. The WMS can focus labor on highest impact activities while finding the most well-suited laborer to perform a specific task. Using labor forecasting, the system can assign jobs on a day-to-day basis and efficiently design schedules.
Optimized Supply Chain
A warehouse management system optimizes a warehouse’s internal operation which can then extend to the broader supply chain. Within the warehouse, a WMS streamlines the entire warehouse process from inbound receipts to outbound deliveries improving operational efficiencies and reducing costs. Warehouse staff achieve fast and accurate shipments by reducing or eliminating unnecessary or non-productive activity. These savings in time and cost coupled with improved processes and information can then be passed along to internal and external partners enabling them to improve their own operations.
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