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4 Must-Know Benefits of Warehouse Management System (WMS) in Cold Chain Warehouses

Leading Edge of Cold Chain Storage June 3, 2022

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As commerce and customer demand increase, companies' inventory management is becoming a differentiating point in industries today. If properly managed, it can lead to better overall service and satisfaction, which leads to better profit margins and reduced costs.

One key solution is Warehouse Management Systems (WMS). It enables businesses to reduce operational costs efficiently manage labour and space utilisation, equipment investments by coordinating and optimising resource usage and material flows. It also supports the global supply chain processes like distribution, manufacturing, asset management and services business.

Let's take a look at the benefits when implementing a WMS.

Benefit 1: Accurate Inventory Tracking

Accurate inventory management is a critical component of WMS. It provides real-time inventory data via barcoding, serial numbers, and RFID tagging. When a single order arrives, inventory begins to move, generating an invoice, truck loading, and scheduling deliveries.

Having total control of your inventory means your stock is more visible, traceable, and you get to integrate them onto an intuitive platform. In return, it helps you manage your production better.

 

Benefit 2: Increase Sales Through Enhanced Customer Services

Due to the efficiency of WMS managing your stocks, your production, planning and procurement will also improve. Through better forecasting and warehouse management, your customer service will also get better. Thanks to the decreased paperwork and manual inventory work, you can provide your customers with more accurate information, reducing potential complaints.

It only means your sales will increase because you can keep up with your customer's demands through reliable services. Similarly, it will enhance customer relationships and build trust along the way.

 

Benefit 3: Labour Cost-Saving and Increased Productivity

One of the primary advantages of a WMS is increased productivity, and task management is the core functionality that drives labour efficiencies. Businesses that can delegate specific tasks to specific sequences will maximise efficiency, rather than employees manually starting from one end to another.

Moving more products through the warehouse with the same number of employees or not having to hire additional temporary employees during peak times is critical for lowering labour costs. Even shipping the same amount of stock with fewer people is a cost-saving, resulting in increased efficiency and profits.

 

Benefit 4: Space Optimsation

WMS allows organisations to customise workflow and pick logic to ensure optimisation for inventory allocation. It can also maximise storage space and account for seasonal inventory variances. Similarly, it determines where to keep certain materials, products, and equipment to optimise warehouse flow.

Because of this adaptability, businesses can configure their warehouse to run at peak efficiency, saving money and time wherever possible.

 

What is the future of WMS?

With technology advancements, businesses can look forward to trends in the future of WMS. Whether they are robot workers, real-time integration, live tracking devices, and automated vehicles, there will be increased operational efficiency, reduced operation costs and increase productivity.


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