It is the advance technology and operating processes that optimize all warehousing functions. All these functions are begin with receipts from suppliers and end with shipments to customers, and include all inventory movements and information flows. It also had been associated with larger, more complex distribution operations.
Those small, non-complex distribution facilities have historically not been viewed as candidates to significantly streamline operations and reduce costs. Even smaller and mid-size companies are increasingly recognizing the significance of warehouse management systems in today’s environment of integrated logistics, just-in-time delivery, and e-commerce fulfillment.
Practically, the successful warehouse management system are designed to merge computer hardware, software, and peripheral equipment with improved operating practices for managing inventory, space, labor, and capital equipment in warehouses and distribution centers.
This system allows company to increase its competitive advantage by
- reducing labour costs,
- improving customer service,
- increasing inventory accuracy, and improving flexibility and responsiveness.
At the same time it enables company to manage inventory in real time, with information as current as the most recent order, shipment, or receipt and any movement in the process.
1 comment:
WoW.. it really reminds about my school days where i have to learn main topic, its advantages and disadvantages, and etc etc..
Post a Comment