You may have realized that implementing warehouse management software (WMS) is essential for optimizing logistics flows, managing stock control, and overseeing your warehouse operations. You're absolutely correct! Therefore, we took the time to explore some of the features our WMS offers, as it provides a comprehensive range of options compared to other management systems currently available on the market.
Distinguishing Stock Control from Stock Management
Before diving deeper, it’s important to understand the distinction between stock control and stock management, as they are two separate concepts.
- Stock control focuses on optimizing inventory levels and enhancing your business's profitability, going beyond mere management.
- Stock management, on the other hand, involves maintaining oversight of goods within the warehouse, including their inputs, outputs, and stock rotations. Effective stock management provides a clear picture of your inventory status.
In essence, stock management is a component of stock control, as it helps regulate a company’s inventory effectively.
Goods Reception
When goods arrive, they are tagged with a barcode for easy identification and location:
- The operator can determine the quantity of SKUs available and where to store products using a radiofrequency device, commonly known as a barcode reader.
- Alternatively, information can also be accessed via a PC or tablet, providing the same data as the RF device.
Stock Management
Referring back to the article Perpetual, Yearly or Rotative Inventory?, utilizing warehouse management software is particularly beneficial for companies that need to consistently track their inventories.
If your business involves processing large volumes of goods, software is the key to overcoming your challenges.
- You’ll enjoy real-time access to stock quantities: With effective labeling, you can ensure error-free tracking, allowing for perpetual inventory counts. This is invaluable for minimizing errors and maintaining control over your stock.
- Easy WMS enables the optimization of storage tasks, maximizing your space by up to 40%.
Prep and Ship Orders with Easy WMS
As you are aware, errors can easily occur during order fulfillment. To keep customers satisfied, minimize claims, and foster brand loyalty, it’s crucial to be meticulous in every aspect of the operation, from picking (collecting goods) to packaging (assembling items).
Utilizing a Warehouse Management System (WMS) is an effective way to prevent these errors from costing you time and money.
Our software provides various solutions to enhance this logistical phase and assists those picking orders to work both faster and more efficiently.