CAPITAL CORP. SYDNEY

73 Ocean Street, New South Wales 2000, SYDNEY

Contact Person: Callum S Ansell
E: callum.aus@capital.com
P: (02) 8252 5319

WILD KEY CAPITAL

22 Guild Street, NW8 2UP,
LONDON

Contact Person: Matilda O Dunn
E: matilda.uk@capital.com
P: 070 8652 7276

LECHMERE CAPITAL

Genslerstraße 9, Berlin Schöneberg 10829, BERLIN

Contact Person: Thorsten S Kohl
E: thorsten.bl@capital.com
P: 030 62 91 92

Warehouse Management

Warehouse Management

It’s one of the broadest and complicated processes in the business world. Dealing with tasks ranging from equipment maintenance to inventory control and distribution optimization, warehouse management is a key part of any warehousing business.

Basic Warehouse Operations

Warehouse operations have a tendency to take a lot of time and effort. This is especially true for the fundamental, overly time-consuming processes. These are the “necessary evil” day-to-day operations — the ones that have to be done, but also take a lot of time to do. The basic warehouse operations that need to be done regularly include receiving, moving inventory, shipping and ensuring safe working conditions.

What is Warehouse Management

Warehouse management refers to the various processes related to maintaining and controlling a business’ warehouse. It goes through every step of the process, from beginning to end, and is usually overseen by warehouse managers. Starting from incoming freight and moving on to asset tracking and logistics, warehouse management encompasses everything that happens in a warehouse. Whether they own one warehouse or several, businesses can control the entirety of their warehousing operations.

Warehouse Management System

As we touched on earlier, warehouse managers oversee the warehouse management process. Therefore, it shouldn’t come as a surprise that they’re the primary users of a warehouse management system. That said, however, they’re by no means the only ones who benefit from using it. Thanks to the labour management features found in most warehouse management systems, warehouse employees benefit from using WMS solutions as well. They can use it to view the orders that need to be processed and, more importantly, they can also view their schedule so they know what tasks they have to complete each day.

Features of WMS

A warehouse management system (WMS) is a piece of software that controls, records and automates various warehouse operations. The goal is to increase the overall productivity and efficiency of a business’ warehousing operations. These solutions are commonly found as an individual, standalone systems. That said, many enterprise resource planning (ERP) and supply chain management (SCM) systems that include the same features found in a standalone system.

Benefits of using a WMS

There’s a reason that WMS has gained popularity over the last several years. That’s all due to how many benefits WMS solutions provide warehousing businesses. Probably the biggest benefits of using a WMS include reduced operating expenses, continuous process optimization, enhanced security and improved customer and supplier relationships.

Other benefits that companies commonly gain from using a WMS include maximizing their labour resources, simplifying just-in-time inventory, enhancing demand planning and increasing transparency to both employees and suppliers.

Uses of WMS

A warehouse management system (WMS) is a piece of software that controls, records and automates various warehouse operations. The goal is to increase the overall productivity and efficiency of a business’ warehousing operations. These solutions are commonly found as an individual, standalone systems. That said, many enterprise resource planning (ERP) and supply chain management (SCM) systems that include the same features found in a standalone system