January 2022 | Sponsored | Knowledge Base

Achieving Exponential Growth with Your Warehouse Management System

Tags: Warehousing, Warehouse Management Systems (WMS), Technology

A warehouse management system provides business agility in an unparalleled manner—integrating all aspects of the supply chain to allow companies to scale.

Ann Yates, Presales Engineer, Generix Group

Supply chain management is evolving to accommodate new technology and business models. Maintaining the status quo is no longer enough to keep up with demand in a rapidly changing marketplace. Companies require an agile, modern, and up-to-date warehouse management system (WMS) that when used in conjunction with a manufacturing execution system (MES), supports exponential growth. It is possible to develop sustainable manufacturing while enabling the business to seize opportunities for further development by using the innovative digital features a WMS has to offer.

Simplified Automation

By providing real-time inventory tracking through digitization, it becomes easier to fulfill orders while keeping your focus on the bigger picture. Advanced WMS software can facilitate smooth order fulfillment by analyzing stock against scheduled deliveries. Precision tracking enables companies to move inventory between warehouses, monitor sales, and reduce the risk of spoilage through automated tracking.

Singular Focal View

By integrating digital access to logistical information, the WMS facilitates communications between all vested stakeholders. With all parties able to view the inventory status in real-time, the physical flow of goods can be better planned and thus more cost-effective.

The automated nature of a WMS allows for comprehensive shipment planning. By integrating all facets of the supply chain, scheduling shipments becomes more efficient (e.g., by delivery date, by location, by product size/weight).

Tracking the sequence of order deliveries against the manufacturing schedule allows companies to control inventory, prevent backlog, and facilitate the shipment process. With a WMS, all those involved in the supply chain, from manufacturing to shipping, remain in the know at all times.

Manufacturing and Warehouse Tracking

Advanced WMS platforms enable the assembly process to continue while accurately tracking raw materials. Instead of informational downtime during production, a modern MES provides details on work in progress and finished goods. It tracks all supplies whether warehoused, in transit, or in production. This reduces expenses due to loss, damage, overproduction, or downtime.

The WMS provides agility through quick response to incidents across the supply chain. It allows manufacturers to avoid loss through prioritizing tasks based on the most relevant metrics (e.g., expiration dates of raw materials, shipment issues, downtime due to maintenance). The savings resulting from this increased efficiency promote steady growth.

Sustainable Digitization

Warehouse management systems streamline the transition from paper-based processing to automation. Using modern WMS, businesses can automate manufacturing while utilizing AI to optimize profitability. From algorithmic analysis streamlining productivity to the Internet of Things allowing precision tracking of inventory, a WMS offers ample opportunities for development.

The technology available for integrating the manufacturing and warehousing processes is designed to foster true business growth. By limiting the probability of human errors through automated checks and balances, the WMS reduces loss and fosters business advancement. AI analysis can pinpoint opportunities for further economic development based on the focus of the company. From environmentally friendly campaigns to reducing the cost of labor using robotics, the digitization process offered by a WMS is the first step towards exponential growth.

Rapid Deployment of Integrated Functions

This rapid growth is predicated on the forward focus of the company, without issues of human error, inventory loss, or high client attrition rates. The WMS can ensure compliance with relevant regulations and client needs, with objectivity only achievable through automation. Streamlining data exchange across all aspects of the supply chain accelerates the process of receiving information. This allows manufacturers to respond to the needs of consumers, in real-time, without incurring extra costs. By saving time in crisis management, and money on repairs, the business can focus on expanding.

Intuitive and Cost-Effective Workforce Development

The WMS technology includes comprehensive documentation to foster learning and staff development through job training. This aspect of the WMS helps companies to speed up the learning process of employees. Instead of relying on human learning, machine learning is guaranteed to retain information. Streamlined digitized processes reduce human error since the automated systems ensure flawless execution of manufacturing. Using the WMS protocols, it supports staff retention, enabling the business to benefit from the synergy of human resources and technology.

Using a WMS to Foster Exponential Growth

The future of manufacturing and distribution lies in automation. A warehouse management system provides business agility in an unparalleled manner. Implementing a modern technological solution to integrate all aspects of the supply chain takes the growing pains out of scaling a company. Exponential growth is a matter of embracing the future and a warehouse management system helps businesses achieve that goal.






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