Fast industrialization and advancement of businesses has rapidly increased the production capacity manifold and has getting bulk led to the demand and supply chain. The requirement for warehouse space companies in India is growing day by day. It has created the requirement of a rapid and robust system to be in place in the warehouse. The union of technology and operations management has managed to the induction of a system capable of managing and maintaining coordination between every condition of the supply chain system – The Warehouse Management System (WMS).
Warehouse Management System (WMS) is an application which helps in managing distribution centers or a warehouse and improve various activities like inventory management, picking, packing, cycle counting, shipping, and replenishment.
1. The main supports provided by a traditional Warehouse Management System (WMS) consist of activities like Receiving; Put away, Picking and Shipping
2. Utilization of Warehouse Management System (WMS) aids a reduction in lag time, paperwork, and storage space optimization.
3. Further, it intensifies locating, pick or put away the stocks, labor productivity, and product tracking.
4. Warehouse Management System (WMS) also helps in better management and coordinating the Material-Handling Equipment.
However, traditional Warehouse Management System (WMS) took a lot of time and resources to lay out. But with the installation of Warehouse Management System, time dropped to half or even lesser, the market for Warehouse Management System solutions is predicted to grow to $4.1 billion by 2024 according to latest reports.
With the rapidly growing market, it reflects the advancement that it is being subjected to.
Pick-to-Light Systems have developed that use distinct light displays that assist the warehouse service operators to locate and pick the products according to the volume.
Similarly, Put-to-Light System helps operators to allow products and bulk stock at definite and designated location in a 3PL warehouse.
Voice Picking Systems are develop that uses speech identification and speech synthesis, which allows warehouse personnel to communicate with the system without looking at paperwork, leaving their both hands free to execute the picking operation.
For accounting and documentation work a secure and automated interface, is provided in the system. At various levels, it helps out the transfer and verification of documents
With the help of Shelf Life Monitoring controls the ageing and quality of all the stock regularly.
Forecasting and integration order can be planned & scheduled in advance with the help of Enterprise resource planning (ERP)
As we know, the software companies are working hard on adding universal latest updates and refreshes to the full Warehouse Management System suite, as it is an enormous task to update all the warehouses system software time to time with the latest Warehouse Management System updates.
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