Let's talk about WMS!
Let's talk about WMS!
P4 Warehouse (WMS) IS A SOLUTION THAT HELPS YOU CENTRALIZE YOUR COMPANY'S TASKS One of the most frequent problems that plague companies is the lack of control over their inventory, which is reflected in poor performance because they do not You know with certainty what raw materials you have or what is missing that helps in the production of the products. From the previous situation, other conflicts arise that harm warehouse supply and sales that are vital to remain competitive. This is where technology can help efficiently manage inventory and get the most out of it.
WHAT IS WMS (WAREHOUSE MANAGEMENT SYSTEM)?
The acronym WMS (Warehouse Management System) responds to the technological solution in warehouse management, a software that provides robust support to the operations carried out daily in a warehouse and offers broad visibility of all the resources that a company has. company. Regardless of the level of inventory that each company has, the WMS is functional because it improves the organization of processes and inventory management in real time. Therefore, today warehouse management software has become an essential tool. The first WMS systems were an innovative support for companies, but their functionalities were limited to making known the storage location of each material. Thanks to technological advances, this changed to a broader management of operations, going from the chain from production to the shelf where the products are for sale. A Warehouse Management System aims to keep the stock values of resources and products up to date, as well as their location within the warehouse to know the movements that have been recorded and corroborate that they coincide with the income and expenditure of capital.
HOW DOES A WMS WORK?
A WMS is a simple operating system, its design and structure allow streamlining processes related to warehouse control. Therefore, it must be fully integrated into each of the activities to be in direct contact with the available raw materials. In this way, it manages to track each product from reception, location, to distribution. Regardless of the sector or size of the company, the objective of this system is to provide the information necessary to control and manage warehouse operations. This system becomes a key point within the supply chain because it keeps the movement of materials updated, manages transactions and obtains real-time inventory information. For all these reasons, it is one of the best tools to identify crises and market opportunities.
BENEFITS OF A WMS
Companies can accelerate tasks, shift labor and generate replenishment, monitor and manage outbound order flow, bottlenecks and asset utilization in real time. Those are some and below we present other highlights:
OPERATIONAL COST
Through this technological solution, the implementation of procedures is facilitated, giving the distribution chain a more effective use, which helps reduce expenses, improve storage work and assist production. Helps optimize warehouse flow. WIDE INVENTORY VISIBILITY
This software provides real-time inventory data thanks to the tracking you can have of each raw material and product through serial numbers and barcodes. The WMS records the movements and locations of each one and thus expands the visibility of the total inventory.
BILLING MANAGEMENT
The WMS system has tools that support billing, which provide information based on activities related to the warehouse and specifically to suppliers. Its functionality adapts to multiple payment methods and e-commerce platforms.
LABOR EFFICIENCY
Thanks to this system, it is possible to assign the most appropriate collection, packaging and storage method for the type of products that the company sells. Helps optimize inventory placement, takes into account skills and tasks to improve teamwork.
SATISFIED CUSTOMERS AND SUPPLIERS
When you have broad inventory visibility and acquire the ability to automate the receipt of shipments, both in the supply and demand chains; It talks about the relationship that a company has with its customers and suppliers, which can be improved by implementing this software. In this way, this point is considered relevant because delivery times and inaccuracies in orders are reduced and at the same time, customer satisfaction is improved.
CHARACTERISTICS OF A WMS
A WMS software is a solution designed that allows you to comprehensively manage warehouse activities, through it it is possible to track inventory levels, stock locations, automate tasks and obtain a global vision of all processes. With the warehouse management system it is possible to obtain detailed and useful information about inventory thanks to its main features. Some of them are: It is said to be an intuitive tool because it provides a complete and graphic visualization of each of the locations of the materials and products. By knowing the location of the resources, you can gather more information about positions, blockages, dimensions, storage areas, etc. It allows you to consult and modify data related to losses, blocks, reserves and expirations to know the exact quantity of materials and products that can be used or sold. This type of technology has the particularity of automating activities. In this way, the software calculates the rotation of the items, determining the ideal period of time to rotate them and not have losses. Thanks to its programmable tasks, it is possible to streamline and optimize inventory control. It helps detect areas that lack efficiency and boost the sale of products with the highest demand.