Title: All You Need to Know About Warehouse Inventory Management System
1Warehouse Inventory Management System
2Table Of Contents
- Warehouse Inventory Management
- Different Types of Warehouse Management Systems
- Types of Warehouse Management Systems
- KPIs for WIMS
- Benefits of a Management System
- Impact of WIMS on E-commerce
- How do we develop our own Software
- Contact Information
- Thank You Page
3WAREHOUSE INVENTORY MANAGEMENT
Storing Managing Logistics Of Stocks
- Physical Warehouse
- Materials
- Inventory
- Strategies to operate all the storage systems
properly
4Different Types of Warehouse Management Systems
Module in Supply Chain Management(SCM) software
WMS takes care of all the activities required to
manufacture and deliver a product, including
managing the inventories, transportation, and
logistics.
Standalone WMS can provide good day-to-day
functions like monitoring and controlling the
chain flow and tracking the packages/goods when
they enter or leave the warehouse.
Cloud-based System WMS is more when compared to
cloud-based systems as there are no on-premise
costs to bear from the company.
Module within the Enterprise Resource Planning
systemWMS, as a larger part of ERP, is another
option for warehouse automation.
5Types of Warehouse Management Systems
6KPIs for WIMS
Warehouse KPIs help us to set a mark and help us
to show the advancements on a yearly basis
- Taking over the cost of force.
- Inventory development KPIs quantify how numerous
times annually the distribution is suitable to go
through its entire force. - Maintaining a proper inventory-to-deal rate
- Force loss must be used to cover the loss of the
force during any damage, theft, lost particulars,
damage during transports, or some supplier fraud. - Order Lead Time refers to the time taken for a
client to admit an order after it has been
placed. - Perfect order rate measures how many orders your
storehouse delivers without incident. - Units per sale is a common metric for numerous
businesses as its a vital process in a
storehouse Inventory Manufacturing System. - Back-order rate is a process where we can get to
know the rate of vaccinating the purchases and
force inventories. - Cost per line measures the cost of entering the
line item on a purchase order. - Accidents per time KPI measure exactly what its
name implies.
7Benefits of a Management System
Visibility of Inventory
Effective cost of labour
Traceability of accoutrements
BENEFITS
Optimized Supply Chain
Internal robotization Benefit
Effective Payload operation
More feedback service
Ongoing enhancement
8Impact of WIMS on e-commerce
WIMS softwares that are available in market
Ecommerce warehousing can ameliorate the delicacy
of force shadowing and help misplaced particulars
9How do we develop our own software?
WMS software is dependent on ones personal uses.
But some of the basic uses that wont change when
we make our own WMS software are as follows-
- Order fulfilment
- Cycle counting
- Asset tracking using barcodes
- Gathering and generating reports
- Items Receiving and put-away
- Optimization of goods locations
- Inventory Tracking
- Task Management
- Dock Scheduling
- Pick and pack process
- Shipment procedures
- Improvement measures
- Designing of the storehouse/warehouse
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11Thank You