Warehouse Management System: Impacting Warehouse Operations Positively
There have been several technological advances which have impacted the
business management in a positive manner. The advent of e-commerce and its
growing popularity has ensured increased workload for the distributors who are
racing to ensure fulfilment of the demands. With fast delivery and precise package
tracking facilities becoming the need of the hour, digitisation of the
warehouse using the Warehouse Management System has become a
necessity few logistic providers or distribution concerns can afford to ignore.
Benefits of WMS
Capitalising on the need by companies to ensure customer satisfaction
and to build a brand by maintaining a positive market reputation with good public
relations, the WMS offers the following benefits:
·
Key functions: On a broader aspect this
software application helps to improve the overall work flow right from
receiving to processing customer returns. It can also be used to:
o
Scan products which enter
the warehouse,
o
Determine the placement
shelf for its storage,
o
Standardise its optimum
packing size,
o
Provide real time tracking
information as and when required and
o
Effectively monitor returns
from reversing invoices, restocking the material and processing monetary
refunds, if any.
·
Decreased packaging time: This is one of the
key advantages of this system and positively benefits all Warehousing Companies in India. It
allows customers to receive ordered deliveries quickly within days instead of
the weeks that it used to take previously.
·
Special digital assistance: Today technological
advancements have made it possible for the WMS software application to operate
using special voice activated headsets. This has made life easier for the
packers who simply announce the products that they need aloud and digital
assistance accurately locate the product and deliver it to the required packing
area.
·
Keeping pace with newer trends:
Business trends keep getting updated on a regular basis so that hassles faced
when doing business are reduced. Since most WMS software applications keep
themselves updated and upgraded, businesses where they are used tend to keep
pace with newer business trends that get introduced.
·
No inventory shrink: One of the major causes of
concern for warehouses management is employee theft. This results in an
inventory shrink of about 44% which can be averted by the use of the various
technologies available within the WMS software application.
·
Managing returns: Returns have a way of
affecting business in a very negative manner because customers expect
manufactures to pay for the cost of the return shipping. Also since employees
are also forced to handle additional work, the labour costs also increase
causing a financial hit to the concerned business. But the introduction of the
WMS by Top Warehousing Companies in India has helped minimise
these costs thereby reducing the financial impact of the same and also successfully
keeping the customers satisfied.
Drawbacks of the WMS
While there is no doubt that the pros far outweigh the drawbacks, in
order to make the WMS software more effective, the following drawbacks need to
be taken care of:
·
WMS can be easily hacked by
sophisticated hackers.
·
The system does not enable
physical verification of the inventory thereby making the workforce lazy and
complacent.
·
Integration of various WMS
programs causes quite a bit of a hassle,
·
Infrastructure used in not
infallible etc.
It is, however, a necessity to implement the WMS software so that
businesses can stay on top and be able to compete in the market. But in order
to maximise the benefits of the WMS, it has to be combined with skilled human
input.



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