A warehouse management solution provides many benefits like inventory visibility, automated data collections, and improved order fulfilment. The market is full of various warehouse management solutions, and it can be a daunting task to choose the right one that meets all your needs.
Here are some key areas to consider when selecting the right warehouse management solution like comactivity.com.au for your business.
Reduced Cycle Time
The cycle time is a crucial warehouse KPI that determines the efficiency of your warehouse operations. The cycle time refers to the time measure of the order fulfilment process. The pick-to-ship cycle time calculates the number of hours from the time the order is released to be picked to the time the order is shipped.
The top logistics organisations have implemented processes and practices and an efficient WMS to enable the staff to fulfil the order faster, even with lower investments in inventory. The WMS you select for your business should reduce cycle time that will ensure higher fulfilment of orders.
More Detailed Control
Inventory control is crucial for businesses to stay competitive. The WMS should provide you greater visibility and control over inventory than the ERP system. For example, the WMS can exactly tell you how many stocks you have, which stocks you do not have, and which products need to be reordered.
As per experts, an efficient WMS will help improve the order efficiency and accuracy of your warehouse teams. Through inventory control, your company can maintain minimum inventory levels, facilitate liquidity, keep warehouse costs down, and keep customers satisfied by delivering orders on time. The warehouse management should integrate streamlined processes and help reduce waste.
Every customer’s goods are unique. Leading logistics partners offer several value-added services to their clients to meet your business needs. Whether you are shipping high-tech devices, perishable cargo, or retail goods, the value-added services can be helpful to improve efficiency, reduce costs, and streamline your logistics.
An efficient WMS will allow your company to package finished goods to match a specific retail order. It helps in preventing costly compliance vendor charges and increases customer satisfaction. The following are some value-added services a WMS can deliver.
Kitting refers to building advanced “kits” that can be merged with finished goods to improve speed to shelf. For example, you can create advanced “kits” of HDMI cables and specialised remotes for a flat-screen television. It will help the retailer deliver TVs to customers with the latest technology and customised accessories.
Bundling refers to creating unique bundles to meet the end customer demands on the shelf. For example, the unique retail orders are delayed until the last minute before shipping to bundle the hottest printer with the hottest laptop or PC.
Customisation and Packaging – The WMS should allow your company to run short production runs of retailer-specific configuration and meet end-customer demands. It is specifically helpful for slow-moving products in the inventory. The customisation and packaging process allows electronic suppliers to meet dynamic customer demand flow and eliminate soon-to-be-obsolete inventory to improve bottom-line performance.
To sum up, the warehousing business landscape has evolved with time. By focusing on critical areas, you can optimise the whole warehouse operation and improve your bottom line.