6 Reasons For Using A Warehouse Management System

When you use a Warehouse Management System, it helps overcome existing system limitations, improves efficiency and productivity, and offers much more. It can also help eliminate errors and improve the

The warehousing sector in India is estimated to be at INR 560 billion. This doesn’t include the cost of inventory carrying, which increases the industry’s size to by almost 10 times. In addition, this industry is growing at a staggering rate of 10% every year. This means that it will grow double within a decade. As this industry continues to grow, there is an increasing need for more efficient Warehouse Management System.

Explore the key benefits of choosing a highly efficient Warehouse Management System for your business.

1. Overcome Existing System Limitations

If you are not using a sophisticated warehouse management software, but relying on existing ERP systems, the control over the processes will be highly restricted and inefficient. The right system can help you gain total control over your inventory flow and it optimizes your supply chain.

2. Operational Cost Savings

The right software can help increase your savings in terms of operational costs. And it can help you achieve this in a wide range of ways:

·         The system helps in determining effective application of resources, thus reducing waste

·         It can guide in storage of products, raw materials, and equipment for optimal warehouse flow

·         The software with warehouse floor simulation can create floor plans for enhanced efficiency

3. Increased Labor Efficiency & Productivity

The benefits of using a Warehouse Management System extend over to labor efficiency too. The benefits can be realized in so many different ways:

·         It will make it easy for your labor to find out where the products are kept

·         This helps in reducing walking time and tiring the team

·         Your labor can handle more orders efficiently and save valuable time

4. Reduce Errors

The right software can help in significantly reducing or eliminating a room for errors. Fewer errors translate into enhanced customer satisfaction, thus further helping grow your business. This further means lower chances of credit reductions due to products getting returned. As the latest systems are fully automated, there is almost no room for errors.

An additional benefit is that using a Warehouse Management System also helps reduce or eliminate paperwork. There will be no longer any need to maintain piles of paper, as all documentation can be stored and shared online.

5. Better Billing Management

The ideal software has billing management systems integrated into it. It can improve your billing management at different levels. For example, some software feature activity-based billing, tracking all activities in your warehouse. The system can generate bills based on activities related to each supplier. You can also find systems that can process card payments.

6. Reducing or Eliminating Security Threats

Another benefit of using a Warehouse Management System is that it boosts reduces potential security threats. By allowing you keep track of everything, it helps trace any losses or damages.

·         The system keeps accurate records of the inventory

·         The staff’s access to the products will further help assign responsibilities for any losses or damages

·         Some systems use RFID tags for automatic data capture

Such systems can prove to be valuable assets in preventing thefts.

Thus, there are many advantages of choosing a Warehouse Management System for your business. It can not only help in increasing efficiency and productivity, it also helps prevent potential product losses and damages.