A warehouse is a large physical structures used to store:
Warehouses are used by various entities like, Manufacturers, Importers, Exporters, Distributers, Wholesalers, etc.., to maintain inventory of the goods they transact in.
Warehouse management, is the process of organizing and running a warehouse in the most optimal way possible. This involves, having complete control over the operations carried out in the warehouse along with optimal management of inventory, following all safety standards and protocols to ensure protection of the goods stored in the warehouse, along with the warehouse personnel and equipment. Warehouse management also involves, providing and maintaining the facilities and equipment that are critical for operations. Facilities can include:
Typical operations carried out in a warehouse includes:
The operations, listed above can be handled either manually or by using a Warehouse Management System. Controlling and managing a large warehouse with complex operations manually is extremely resource intensive and often leads to errors in operations. To minimize the operational overhead and dependence on warehouse personnel to manage the operations and inventory in an optimal way, a warehouse management system can be implemented.
A Warehouse Management System is a software solution that controls all the activities of a warehouse
In order to optimize operations within a warehouse
All of the above means of communication is controlled through the system
A good WMS not only eases operational load, but also ensures that operations are carried out in the most efficient and optimal way possible. The WMS provides visibility to critical data at the right time to ensure a smooth decision making. The WMS should be capable of handling all the operations/processes described above along with tracking various SKU attributes, such as, Batch Number, Serial Number, Expiry Date, Manufacturing Date or combinations of multiple attributes. In addition the WMS should offer capabilities in terms of:
Click on below button to know the list of built in KPI’s that a good WMS should provide.