Introduction
Most manufacturers struggle to keep track of what is happening in their warehouses, which hurts their bottom line. In contrast, industry leaders have clear insight into both their warehouses and their entire supply chain by using a warehouse management system (WMS). In this article, we will discuss the benefits of a WMS that allow industry leaders to take their supply chain visibility to the next level.
Real-Time Alerts
Upstream and downstream supply chain partners can get real-time, proactive alerts as a WMS monitors transactions against user-defined rules for exceptions, issues, and opportunities. If inventory is running low or a date moves, partners will know it. These alerts help minimize problems if they are set up correctly. For assistance setting up your notifications, consider working with a trusted software solutions partner like Datix. Our business-first approach means that we take the time to understand exactly what your business needs so we can implement the best system possible for your team.
Manage Multiple Warehouses
Companies that have multiple warehouses benefit because managers can use a WMS to research inventory in remote facilities and decide whether to transfer inventory instead of buying additional quantities. This helps minimize costs.
Visibility into multiple locations can also maximize profit, as it did for one leading US-based department store. This retailer was able to fulfill a last-minute, late-season, multi-unit order by sweeping the last units of inventory from multiple stores. “The consumer received all units of the product at the right price and at the right time, while the retailer was able to maximize its margin by clearing out store inventory without resorting to markdowns,” notes the report.
Easy for Customers
Customers can use a WMS to generate real-time reporting, viewing what’s in or out of stock, and how soon they will receive their goods. At Datix, we understand how important it is to provide an exceptional customer experience. For 25 years, we have supported our clients through every part of their respective evolutions and ensured that they can always fully support their customers in turn. Learn more about how we take care of our clients.
Simple for Managers
With a WMS, managers can see accurate details on demand without having to gather them first by communicating with other teams, departments, or partners. They can use mobile devices connected over the cloud to see reports, guide labor operations, and answer customer queries from anywhere.
The end-to-end view of a supply chain that a WMS can provide is critical for staying competitive. The Aberdeen Group studied distribution centers in 91 companies and noted that “80% of top-performing firms are moving to cloud-based visibility, and more event-driven warehouse and transportation management. They provide a customer-connected, single version of the truth, seamless and unified across channels, customers, costs, and activities. In addition, the leaders are providing tailored yet secure cloud-based views and interoperability to internal and external stakeholders.”
Wrap Up
With visibility in your supply chain, your business can find new ways to become more productive while saving money. Visibility is based upon having accurate, real-time data accessible at any given time and is valuable for more than just warehouse management. Discover how to gain insight into every aspect of your organization.
Learn these Six Steps to Becoming a Data-Driven Organization
Stay tuned for another post next week on warehouse management!
Read previous blog on Why A Warehouse Management System Delivers Greater ROI
Read previous blog on how to Boost Productivity and Reduce Cycle Time with a WMS
Read previous blog on how to Gain Accuracy and Control in your ERP with a WMS
Read previous blog on Incorporating Value-Added Services into Your Warehouse Management
About Datix
With 25 years of experience, Datix is the partner of choice for warehouse management and ERP solutions. Unlike our competitors, Datix will work with you closely to understand your precise warehouse needs and act as a nonbiased consultant to recommend the best solution for you. No matter what challenges your company faces, Datix will support you every step of the way.
Please note: This blog post was based on the Executive Brief Four ways a warehouse management system delivers greater ROI than an ERP system alone from Infor and updated by Datix
