If your company's shipping and fulfillment operations are expanding, you may be at the point of asking, what is warehouse management software and do I really need it?
The short answer is yes, you do. If you have a warehouse that's bigger than a garage, then warehouse management software can revolutionize your business. Warehouse management software delivers tools, processes and best practices that allow you to manage that part of your business for optimum efficiency.
Warehouse management software manages operations of your warehouse, tracking inventory from the time it enters your system until the time it leaves. It will help you plan and implement warehouse operations including labor and direct utilization of available resources. A robust warehouse management system like Logiwa supports daily planning, organizing, controlling and directing assets, moving and storing materials into, within, and out of a warehouse; and supporting staff to manage their roles, responsibilities, and performance in the warehouse.
Warehouse management software usually includes functions such as:
With warehouse management software, your company can track inventory levels, sales processes as well as orders and deliveries. Your system will help manage inventory levels to avoid overstock and out-of-stock situations. You can have real-time insights rather than relying on manual processes like spreadsheets. Also, you can use the system to generate standard and custom reporting for management insights.
Types of Warehouse Management Software
There are many choices on the market today to serve one-location operations up to national distribution organizations. The best solution for your company will vary by size and complexity of your operations. There are three basic types of deployment options available to you. Again, the best choice will vary on your ability to invest in it and support it, and the functionality you desire.
On-premise. This option is locally hosted on your server and typically require complex set up and possibly customized development work to integrate with other business tools and equipment.
Module. This option is part of another tool such as an ERP system. It may be less flexible and scalable because it must conform to the other systems.
Cloud-hosted. This system, also known as a Software-as-a-Service (SaaS) is available through a web interface from anywhere at any time. Data is easily accessed through mobile and desktop devices. These systems are usually flexible and scalable because as your company grows, you can easily add locations and functionality.
With a cloud-based solution like Logiwa, you can have the best of all worlds. The solution will scale with your company as it grows, and it integrates with many of your existing tools. For example, Logiwa offers integrations with more than 70 of the most-used tools such as e-commerce platforms, parcel carriers, accounting and ERP systems and other solutions. All your systems can communicate using a single database, so information is accurate and easily accessible. Inventory accuracy will increase dramatically, often approach 100 percent, to ensure your warehouse operates as efficiently as possible.
To find out more about how Logiwa can help you take charge of your warehouse management functions, contact us for a demo today.