Despite the COVID-19 pandemic, many warehouses are busier than ever due to the rise of e-commerce. While some businesses are indeed struggling with all-time low demands, others, especially supermarkets, have been overwhelmed by a wave of panic-buying.
In order to meet this rush of demand, business owners should consider increasing warehouse capacity and optimizing existing processes. A warehouse management system (WMS) can help improve accuracy, throughput, and speed. This ultimately ensures your business can facilitate efficient operations throughout the supply chain, even amid a health pandemic.
Still not sure if this is something your business needs? Read on to learn the 6 benefits of using a warehouse management system.
6 Benefits of a Warehouse Management System
1. Minimize Operating Costs
A WMS can help you reduce operational costs in a lot of ways. For one, this system can determine the most effective use of both labor and space within your warehouse. This helps you know where to keep certain products, materials, and equipment that would optimize workflow processes.
Some advanced warehouse management systems even feature a floor simulator that allows warehouse managers to create an effective floor plan. This helps you manage available space in your warehouse, which ultimately saves costs in the long term.
2. Provide Transparency
A WMS also provides real-time data on your warehouse inventory through RFID tagging, barcoding, and serial numbers. This can help you track each item as it enters the warehouse, get sorted, and transported from one location to the next.
With this visibility across your systems, you can create demand forecasts that predict which products are most popular during specific times of the year. This ultimately helps you decide which good to invest in and which ones to avoid, thus maximizing your profit.
3. Allow Easy Access to Crucial Information
Since a warehouse management system usually comes with cloud storage, it enables you to access important information from almost anywhere.
In fact, a WMS also includes multiple access capabilities. This allows key personnel, warehouse companies, and even customers to check the same product and delivery status in real-time.
4. Boost Employees’ Efficiency
When warehouse operations flow seamlessly, employees are more likely to feel energized while working.
A WMS optimizes the time needed to perform specific tasks. For one, instead of finding where a particular product is stored, a WMS would help employees find the goods in no time. This reduces walking time, helps employees avoid stress, and boost overall productivity within the workplace.
5. Ensure Warehouse Security
In addition to these benefits, a WMS also ensures warehouse security.
Since a warehouse management system requires employees to use individual user accounts during transactions, it gives you access to their activity history. So, if any individual tries to sneak products or damage them before delivery, you’ll be alerted in real-time.
In addition, a WMS allows you to edit access in certain reports and analyses. This way, you don’t have to worry about individuals leaking your company secrets or forecast demands.
This ultimately improves employee accountability and reduces the risk of theft and other issues.
6. Increase Customer Satisfaction
The benefits of a warehouse management system can directly impact customers as well.
With the high visibility of inventory and efficient employees, a WMS ensures that the product is shipped in time. It also makes sure that all delivered goods are in great condition and not damaged.
As a result, customers can enjoy improved order fulfillment and fewer order inaccuracies. This ultimately boosts your company’s reputation, leading to more customers and increased profits.
A warehouse management system can benefit your business in many ways. It helps reduce operating costs, provide transparency, secure your products, and boost employees’ efficiency that ultimately leads to your success.
Are you considering adopting WMS into your supply chain processes? Worklink Services Inc., one of the most reliable logistics company in the Philippines, provides warehouse management solutions. We use a warehouse management system that can help you effectively manage distribution operations. This ultimately enables you to fulfill your commitments to your customers. Contact us today to get started!
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