warehouse management

7 Essential Qualities of a WMS Software.

[vc_row][vc_column][vc_column_text]A good WMS will provide a spike in customer service, leading to greater customer satisfaction and increased profitability. Not having a good WMS means constant struggle to keep a stable customer base. So, what should you look for in a good warehouse management system? Here are 7 qualities that a good WMS should have. Maximum Functionality Obviously, the first thing you need to learn about a WMS solution is what it can do for you. When analyzing a WMS solution, ask yourself, “Will this WMS streamline our business processes?” For instance, if your company has a hard time measuring employees’ productivity, a good WMS solution will help. A WMS should be able to track what tasks an employee has performed (and where they were performed), giving you direct visibility your workforce’s efficiency. Ease of Use If a WMS is easy to use, it will reduce the amount of time you spend on employee training – for ALL employees, from pickers to senior management. A well-designed WMS lets users spend less time setting up and monitoring daily operations, so they are able to quickly adapt to new requirements. New employees can also be up and running in a matter of hours, instead of weeks. Most importantly, clear navigation ensures that all employees will be able to leverage the WMS functionality to the fullest. Complete Transaction Management A good WMS will let you manage everything from door to door – from receiving to manifesting. You want a WMS that gives you detailed information for everything – products, employees, and transactions – every step of the way. At a minimum, the following are some of the steps that should be tracked: Receiving Putting away received goods Order picking Shipping Cycle counting (inventory audits) Any item movement When you can track everything that is going on in your warehouse (from people to movement to products), you can do specialized analysis that will help you hire smarter and stock products more efficiently. Flexibility A WMS solution needs to be able to scale with a company’s growth and adapt to meet future requirements. Otherwise, it’s not a long-term WMS solution. WMS is more likely to work with future applications and operating systems (rather than locking you into a particular platform). Another flexible quality would include hardware. A WMS should be compatible with other versions of: RF scanners/terminals fork truck-mounted RF terminals label printers scales Finally, how flexible is your potential WMS when it comes to different business types and sizes? A good WMS should have demonstrable success with wholesale and industrial distributors of all sizes. Useful, Easy-to-read Metrics Data is important, but so is data presentation. It’s one thing to have metrics that help you track the performance of your warehouse operations; it’s quite another to be able to understand the data. A good WMS should allow you to easily create reports and charts that let you see how your warehouse is running. For example, a good WMS might track employee and warehouse performance in real-time across organizational groups, allowing management to compare the performance of employee sets (morning pickers, evening pickers, receiving, etc.) and operational organizations (east division, west division, etc.). You want to invest in a WMS that measures the performance of individual employees against standards that include both speed and accuracy. Seamless ERP Integration Your WMS has to work in tandem with your ERP to keep a business running. That’s why it’s so important that you choose a WMS that works with major ERP systems – seamlessly. The WMS that you invest in must be fully compatible with your current ERP system. When choosing a WMS, ask if it’s compatible with Activant, Infor, JD Edwards, MS Dynamics or Oracle’s business solutions. In addition, a WMS vendor should be skilled at developing additional ERP integrations. Value for ROI Price is only one small part of total cost of ownership. Functionality, flexibility, integration, scalability, ease of use, customer support and more all come into play. When choosing a WMS, you obviously need to weigh these factors. Remember that lower upfront cost may seem appealing, but may ultimately cost you more in the long run if the WMS solution (or vendor) is unable to meet your needs as your business continues to grow and develop. Conclusion A poorly chosen WMS can end up costing you more than it saves as you attempt to fix problems with costly integration or customization work to fit requirements. That’s why it’s crucial to look at the overall value of a WMS solution – does the slightly more expensive WMS do more of what you need, now? It might cost you less over the lifetime of the product, even if the initial price tag is more than an off-the-shelf solution that appears frugal. _____________________________________________________________________________________ Vritti Solutions Ltd. is a next generation IT Solutions company working towards fuelling the knowledge based economy by consulting and developing innovative IT solutions. Vritti Solutions is a leader in ERP, CRM, WMS and HRMS software solutions in the Small and Medium Sized Enterprises segment in India.[/vc_column_text][/vc_column][/vc_row]

How Warehouse Management Softwares Improve Efficiency

[vc_row][vc_column][vc_column_text]Warehouse Management Systems are becoming more popular as supply chain logistics continue to develop with ever more complicated requirements that affect warehousing along with increasing customer demands.  With an expanding volume of inventory movement, many organizations are turning to technology to streamline operations and meet these challenges. With advanced functionality through Warehouse Management Systems For Small Business, WMS technology allows companies to respond to evolving market pressures and deliver on ever-shrinking time to delivery windows. These system are designed to create highly efficient processes for handling inventory and picking orders that will eliminate the inefficiencies and mistake riddled processes that plague most manual-driven warehouses or absent warehousing functionality systems. Another result of WMS technology is the ability to  enhance your customer satisfaction numbers and most likely help you attract new customers without adding to your workforce. This post can give you some insight into how Better Warehouse Management Strategies through Automation are key to meeting the demands of a  modern business supply chain logistics  environment along with reaching your organization’s goals. Warehouse Management Automation Benefits: Enhanced Productivity: Utilize advanced functionality to increase inventory turns and provide detailed worker accountability, resulting in heightened productivity and maximized efficiency. Optimized warehouse processes reduce picking time and product touches by allowing you to seize cross-docking opportunities. It also minimizes travel paths with slotting/re-slotting functionality, optimizes picking execution with user-configured algorithms, and intelligently directs put-away to the appropriate bins based on product handling characteristics. Furthermore, our solutions virtually eliminate the need for non-value-added activities such as manual checking and shipment audits. Achieve Up to 99%+ Inventory Accuracy: Through robust cycle counting capabilities, real-time information confirmation and verification, our solution gives your employees and their managers immediate feedback on work accuracy. An accurate system ensures workers are not looking for missing inventory or overloading any given location. This also helps you avoid costly errors. Boost On-Time and Complete Shipments: The accurate order picking functionality “best-inbreed” WMS systems allows you to deliver complete orders on time. Increased fill rates and decreased cycle times enable you to avoid costly shipping delays and backorders that jeopardize valuable customer relationships. In addition, overall process efficiency decreases cycle time, resulting in more on-time shipments. Warehouse Space Optimization: HighJump Warehouse Edge provides directed stock rotation, intelligent picking directives, automatic consolidation, and cross- docking to maximize the use of valuable warehouse space. The system also directs and optimizes put-away based on accurate, real-time information about the status of bin utilization. Reduce Shrinkage and Spoilage: Better Warehouse Management Systems solution facilitates real-time monitoring and enforces FIFO (first-in, first out) rotation to reduce spoilage. In addition, high levels of worker accountability empower you to detect shrinkage problems Exceed Customer Expectations: Another benefit, sometimes intangible, is to empowered to consistently deliver on customer promises with the ability to reduce cycle times, stock-outs and backorders; improve order accuracy and on-time shipments; and offer unique services Conclusion: A Warehouse Management System (WMS) is a system that is intended to support the everyday operations within a warehouse.The warehouse management system is used to manage, control and track the storage and transfer of the goods in a warehouse.[/vc_column_text][/vc_column][/vc_row]

Are All Warehouse Management Systems (WMS) Created Equal?

The WMS programs of a decade ago were once rigidly compartmentalized and relegated to a specific industry or vertical. Effective warehouse management is more than simple data. It’s a staging ground for a robust and customized set of solutions for your workflows. It ties together teams beyond your warehouse walls, looping in sales, engineering, IT, and more to create transparency and cooperation across the board. Vritti Solutions is a Pune based software company who provide best quality of warehouse management software in Mumbai, Pune, Delhi, Bangalore etc. Your WMS means more than hitting a key to determine where materials are stored––it’s about building and shepherding the processes that get them there. And today, you have many integration-friendly, scalable options for a WMS that are capable of the evolution you’ll need as a modern business. Benefits of WMS for Future Ready Enterprises. 1:  Reduced Operating Expenses A well-designed WMS reduces operating expenses in a variety of ways. This type of system determines the most effective use of both labor and space, which reduces waste. WMS software can help you determine where to keep certain materials, products and equipment to optimize the flow of your warehouse. Some advanced systems have warehouse floor simulators, enabling users to create potential floor plans within the system. 2: Enhanced Inventory Visibility Inventory visibility is one of the most important components of warehouse management systems. WMS software provides real-time data on your inventory through barcoding, serial numbers and RFID tagging. All of these methods enable users to document each item as it enters the warehouse, all of its movements on the warehouse floor as well as its movement during transportation from one location to the next. WMS solutions allow users to track inventory within a single warehouse or multiple locations This type of visibility is necessary to create demand forecasts, which provide insight into which products are most popular with customers during specific times of the year. These forecasts assist leadership in deciding which products to invest in and which ones may be losing their place in the market. Traceability ensures you only have to recall damaged goods, rather than any and all goods you suspect are tainted. 3: Just-in-Time Inventory Another benefit of a warehouse management system is Just-in-time (JIT) which refers to an inventory management practice in which stock levels are kept low and product moves quickly through the warehouse. Rather than holding onto inventory for long periods of time, your warehouse receives it “just in time” to fill an order. While this process can be quite complex, achieving a balanced, just-in-time inventory is a breeze with the right warehouse management program. A WMS provides forecasts which are used to generate optimal inventory levels to meet demand without underestimating or exceeding it. This greatly reduces safety stock and related carrying costs. If your materials are used in manufacturing, just-in-time warehousing can also reduce waste and scrap related to perishable items. 4: Continuous Improvement One of the most important warehouse management system benefits is consistent updates. Warehouse management software vendors typically introduce new features regularly to reflect current industry best practices. This makes it easier for organizations to stay on top of the latest developments and allows them to continually improve their processes based on these innovations. With cloud WMS, continuous improvement is even easier. Updates and new features can be added to the system automatically, reducing the need for in-house IT staff. But businesses using an on-premise system may or may not receive regular updates from their vendors, depending on the terms of their contract. This is yet another example of why many buyers are moving to the cloud. Compare Top Warehouse Management Systems Software Leaders Enhanced Security Most warehouse management programs require employees to use individual user accounts when entering transactions. This creates an audit trail that connects specific employees to specific transactions, which improves accountability and reduces the risk of theft and other issues. It also allows employers to identify new training opportunities and other ways to improve employee practices. Additionally, user-based access levels prevent unauthorized access to certain reports and analysis. This only allows each user to see as much information as is necessary for their work. This way, with a robust WMS you don’t have to worry as much about company secrets and losing your competitive advantage. Conclusion If you’re small- to medium-size company is looking to grow, then 2019 is the year you need to embrace WMS and learn ways to have an uptick in profits. <!– 1545200647629 –>