A warehouse is a hub of activity. There is inventory management, logistics, packaging and more. Keeping track of it all and running a business smoothly is a matter of survival. With the marketplace getting more competitive than ever, there is a need to stay on top of your game with the best technology. A warehouse management system is an effective piece of technology that helps you manage your business and increase productivity.
Here is a list of the top reasons your small business needs a warehouse management system.
Manage Inventory
With a warehouse management system, you can improve inventory accuracy and order fulfilment. It can control all of your warehouse activities and manages inventory to make the processes smooth and efficient. The inventory management takes place in real-time, which gives you more information on the inventory movement, data based on shipping information, logistics and customer service.
Increase Productivity & Efficiency
One of the obvious changes the WMS brings to a small business is the increase in productivity and efficiency. With the introduction of a WMS, there is a significant reduction in the paperwork that comes with keeping stock, inventory movement, shipment and tracking. This leads to faster movement of goods through your warehouse.
Automate Manual Admin Processes
A warehouse management system relieves a lot of man-hours by digitizing information and automating day-to-day activities. Warehouse operations like stock keeping and storage are managed by the WMS using scanners and barcodes, which then lets your free up time and space to focus on more pressing matters like keeping stock of items according to demand. A WMS has perpetual inventory checks that free you from keeping heavy physical stock counts. There is an overall decrease in time spent in admin activities.
Reduce Invoicing Hassles
For many small businesses, billing and invoicing multiple customers is a matter of headache. Things can get complicated quickly when customers have specific invoicing requests or the billing structure is variable between them. A good WMS can automate your billing process and practically generate invoicing while you sleep. From calculating complex rate card and commissions to billing by activity, the right WMS will save you time, streamline your billing, and stop revenue leakage.
Take Care of Compliance and Regulation
The warehouse business has strict government regulations that can be hard to keep up with. With a WMS staying compliant with rules becomes easy. With a proper management system, you can always manage inventory and data and stay out of legal troubles.
Final Thoughts
A warehouse management system or WMS has now become an integral part of running a warehouse. It is no longer a luxury that is only meant for larger businesses. Smaller businesses equally benefit from a WMS and can get it at an affordable price point.
3PL Dynamics WMS is a state-of-the-art warehouse management system that gives you the power of technology to make your business more productive and efficient. PL Solutions provides implementation services that ensure that your small business gets the most out of the world’s leading WMS. Reach out to us today to book a free consultation.
