Warehouse Management System | Warehouse Automation Company - Armstrongltd
What is a Warehouse Management System(WMS)
For companies that rely on third-party logistics, warehouse management software is a crucial component of their operations. Unfortunately, selecting the right program can be challenging. There are different types of WMS software, along with multiple options within each category. To make an informed decision, you need to understand the differences between each option and why one might be better suited than another for your company's needs.
Why is a Warehouse Management System important?
Warehouse management software offers a variety of benefits to businesses, including reducing operating expenses and streamlining logistics. Businesses can take control of their inventory by using WMS software to perform cycle counts, track shipments, monitor expiration dates and barcode merchandise. This enables them to efficiently manage their inventory through a centralized database of serial numbers and RFID tags. WMS optimizes inventory transportation both internally and externally by providing tools for tracking shipments and monitoring expiration dates.
Types of Warehouse Management System
There are 4 types of WMS that 3PLs can avail of:
Standalone WMSs
Supply Chain Execution Modules
Integrated ERP (enterprise resource planning) Systems
Cloud-based WMSs
All have common functions and features; they differ primarily in packaging style and delivery method.
Standalone WMS
Standalone warehouse management systems are dedicated to warehouse management functions and nothing else. These types of systems can be combined with existing or future solutions but sold as specialized products without other supply chain functions, such as transportation management tools. For Warehouse Management Systems, this typically consists of inventory management and warehouse operations. Users of standalone WMS should expect to find features such as expiry date tracking, barcode scanning, cycle counting, slotting, put away, receiving, picking and packing included in their software solution.
Standalone WMS is the simplest form of warehouse management system. It is often used as one of the types of inventory management systems because it can be applied to many industries outside of warehouse management. This accessibility makes it ideal for SMBs or businesses without much budget for software. Standalone WMS is often standalone and doesn’t incorporate any other steps in the logistics chain. It may also not integrate as well with other kinds of business software as some other types of warehouse management systems.
Supply Chain Execution Modules
Although there are many types of warehouses, we will focus on those that add value to products and services. Supply chain executive modules focus on automating inventory management, material sourcing, and product cycles. Choosing a warehouse management system that also offers supply chain planning features can help ensure there’s plenty of cohesion between different parts of the business. It manages the whole supply chain in a holistic way as opposed to standalone solutions, which cover warehousing only.
Cloud-based WMS
Cloud-based inventory management systems can save you time and money. Cloud-based WMS providers maintain and host the software, so you don't have to worry about implementation or installation costs. These solutions are especially attractive to startups and small businesses because they have low startup costs and are available via subscription. Cloud-based management systems streamline warehouse activities, including inventory reporting, workflows with automation and data entry time. They also ensure product updates and real-time data access in a centralized system.
Integrated ERP (enterprise resource planning) Systems
ERP software solutions combine the capabilities of many other systems into an all-in-one solution. ERP can include warehouse management features, but this isn’t a core function of ERP. You need to go out and find a solution that includes these features ahead of time if you want them in your warehouse management system. This type of warehouse management system also comes with a higher price tag – think of it as the jack of all trades of software. Because it offers so many different services, ERP can replace a host of other software applications and centralize your operations into a single interface.
Warehouse Management Systems by Armstrong
Armstrong has been the trusted venture for many industries, providing them with the best facilities for their warehouses. The company has expanded its reach with Industrial 4.0 and Internet of Things (IoT). Armstrong provides a seamless warehouse management solution that tracks everything from raw material to the final good through its Warehouse Management System. The daily functionalities like planning, organizing, staffing and controlling can be done in a better way with Armstrong’s Warehouse Management System than any other company can do.
To know more visit: www.armstrongltd.com
Call Us: +91 96730 02942 or drop a mail to: sales@armstrongltd.com
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