In today’s world, the role of a warehouse operations/logistics/distribution manager is fundamental to the financial success of an organization. The key performance indicators (KPI’s) of a logistics manager are no longer limited to just management of daily functions of a warehouse. Efficiency and cost reduction at all stages of warehouse processes now test the skills of even the most experienced warehouse operations team. To meet the growing consumer demand for goods and services it has become essential for organizations to employ an efficient warehouse management system. But how to choose the right warehouse management system for your company?
The goals of every organization are varied, hence, along with streamlining the routine warehouse processes, a warehouse management system should also work towards the goals and objectives specific to your company.
Below are 5 factors you should consider while employing a warehouse management system (WMS) to boost your warehouse efficiency:
1. Provides Real Time Inventory:
“Time is Money” – Benjamin Franklin
Wasted time costs money. It is essential that a WMS provides you real time inventory, from the receipt of purchased goods at the dock doors, to issuing raw materials, all the way through to shipping. This will help you optimize your inventory and reduce discrepancies caused by delays in system updating. You will know, at any time, the exact amount of an inventory item, available for your use, at your storage location. This will help you reduce your buffer stock cost.
2. Reduces Operational Workload:
It is important that the WMS, streamlines and facilitates operational processes by correctly providing the recommended location and lookup of your inventory to reduce delays in work order processing. It should make sure that the picking and put-away is efficiently carried out to minimize inconsistencies. It should also, allow wave and gang picking and follow the FIFO principle for picking and shipping so that the flow of inventory in the warehouse stays up to date.
3. Provides Accurate Data:
Constant data correction, costs time and money. An efficient WMS will make sure that it conducts automated data validation to maintain data accuracy at all times.
4. Is User friendly:
The WMS should be easy to use so that the operational team understands the working of the software. The screens should be clear, easy to comprehend and should depict the information required by the team for smooth operation of the work processes. The training required for the users of the WMS should be detailed yet easy to understand so that a person with little or no technical knowledge could also use the software correctly.
5. Support and Maintenance
It is important that the WMS provider completely understands your business and its goals and provides you solutions that will enhance your warehouse productivity and efficiency. The provider should be looking to establish a long-term business partnership with your company with readily available support and information about the WMS when required.
At Portable Intelligence Inc., we are determined to help you choose a warehouse management system suitable to your business. Our product, RF Plus™, provides you with accurate, accessible, real time inventory data which optimizes your operational efficiency by as much as 25%. RF Plus™, helps by reducing your issuing and picking errors up to 80%, increases your picking rates up to 15% and reduces your buffer stock by 15%. With over 20 years of experience, we believe that ease of use is fundamental to the hassle-free operation of a warehouse and therefore, our products and services are designed to convert your warehouse into a SMART Warehouse.
Call us at +1 (416) 285-7180 or email us to know more!