Warehouse Management System or WMS is the basic software that enables efficient processes throughout the supply chain.
The system tracks the exact location of each unit from the moment it arrives until the product is loaded and shipped to its next destination. You can also know more about warehouse management systems via dearsystems.com/wms/.
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When supply chain partners are properly aligned, the system can even track inventory from manufacturers/suppliers to warehouse services to distribution centers or end-users.
A capable, integrated Warehouse Management System can save money and increase profitability in many areas. Some are:
1. Reduce storage costs and improve employee utilization
More efficient placement and options can allow 3PL to reduce labor costs. In combination with a mechanical warehousing system, more inventory can be managed in less space.
2. Optimizing inventory levels in the supply chain
Storage space is sometimes seen as wasted space. Excess inventory is also a waste of money. By eliminating uncertainty, WMS allows inventory and safety stock to be reduced to optimal levels for each stage of the supply chain, including warehouse services.
3. Avoid surprises and urgent delivery
With the transparency of an expertly integrated WMS, change requests can be expected to be faster. As a result, stock can be adjusted early to meet unexpected changes in demand.