A warehouse management system, also known as âEUR~WMSâEUR(TM), is an
integral part of the supply chain that is required to control storage and
movement of all materials inside the four walls of a warehouse. It is software
that supports daily operations within the warehouse. The WMS enables central
management of the regular tasks and transactions in the warehouse, including
inventory control, tracking, shipping, receiving, put-away and picking. A WMS
can function by itself as a single application, or it can be integrated a part
of a larger ERP system or supply chain execution suite. Currently, WMS is quite
a complex application as it can alone manage a large database and wide range of
functions, which other companies might need an entire staff to take care of.
A Warehouse management system uses the technology of Auto ID Data Capture
(AIDC), similar to that of barcode scanners, mobile computers or wireless LANs
to resourcefully monitor the products in the warehouse. After all data is
checked and collated, it is synchronized using a wireless transmission to the
central database, which can give regular reports and updates about the status
of products within the warehouse. The WMS provides computerized procedures that
can efficiently handle the delivery of products and returns into the warehouse,
model the logical presentation of the storage facilities, manage stock within
the warehouse and allow the flawless process and logistics required for
picking, packing and shipping of stock out of the warehouse.
If you plan to get a new warehouse management system, it isnâEUR(TM)t rocket
science and doesnâEUR(TM)t need much technological knowhow. You need to check
out all the basic options, and spend a little while to research and learn all
the pros and cons of the different WMS available. For the selection process,
organize your priorities and check all the skills and services that you already
have. Then, gather some price quotes of various WMS softwares that are
currently available, and compare the prices with references and other vendors
who have used them. Finally, review the software license agreement and the
software functionality; you need to try at least one live software
demonstration, before finalizing your decision on the WMS that is best for you
today, and will continue to be for many years to come.
A modern, integrated warehouse management system has become necessary to
control and streamline processes in the warehouse, but some companies have
decided against investing in the WMS citing disadvantages like complex systems
that are not worthy vis-Ã -vis the investment of money, time and training,
which are partially valid. However, this can be easily overcome with the right
budget, a system that fits properly in the current workflow, the right
training, a good relationship with the vendor and a proper service level
agreement.
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