Warehouse Management System (WMS) and Inventory Software
A modern warehouse management system (WMS) allows manufacturers, distributors, retailers and everyone in-between to consistently and accurately keep track of their supply chain management and shipping operations while managing multiple storage locations. Inventory management is the lifeblood of your business, but no one person is able to keep an eye on every lot, bin, pallet or piece of stock throughout its lifecycle – technology is the lynchpin to capturing insight into your turnover, ensuring customers receive their orders and maximizing ROI on product. SWK Technologies will help you discover the WMS software that is the best fit for your needs, optimize it to your existing processes and help you implement it according to your scope.
Warehouse management systems have been impacted by a digital transformation of distribution that has fundamentally changed the relationship between distributors and their customers, with ecommerce growing market scope and pace exponentially. Factors like the Amazon effect, economic nexus and more make your value chain more complex than ever, as well as require you to be more proactive about how you manage your inventory controls and maximize the profitability of your warehouse. Additionally, as technology continues to advance it leads to new leaps and bounds in solution capabilities – your WMS software must be open to seamless integration with mission-critical applications like ERP, CRM and EDI to ensure visibility into your ROI.
Create lot and serial numbers to track your inventory upstream to downstream, capturing end to end supply chain traceability. Data is collected from the point of purchase receipt on materials to shipping, ensuring visibility for the entire product lifecycle. Use shelf life and expiration dates to manage perishables with first-expired-first-out (FEFO) picking and guarantee compliance.
Gather, validate, and verify an array of data including inventory counts, quantities, item numbers, and lot and serial numbers of goods shipped and received. Automate order entry with barcode scanning integrated directly with your ERP. Item quantities can be increased per scan, be added based on the inventory SKU or alternate item identification number, and tracked by lot and serial number. Integrate with digital scale and printer to automatically weigh and print labels and packing slips. Easily incorporate information from your barcode hardware, saving valuable processing time over data-intensive manual entry. Advanced features can virtually eliminate costly data entry errors, such as shipping the wrong product or the wrong quantity to customers.
Designate, store, and distribute inventory items in multiple “bin” locations within your warehouse. Set customer or item specific restrictions based on bin location, perform on-the-fly bin location transfers, set minimum and maximum location quantities, and more.
Automate picking, packaging, purchase order receiving, put away, and physical counting tasks with customized workflows and form modes, mitigating the risk of human error. Generate pick lists and packing slips, including wave and batch picking and bulk processing. Auto-group items and shipments, calculate the best path for each picker, and split the wave or batch worksheet into separate pick lists for the available pickers. Set up automatic tracking on all shipments and notify customers of shipment progress through each stage of order fulfillment.
WMS hosted in the cloud grants you access to real-time insights throughout your warehouse, allowing you to review operations in multiple locations from anywhere and at any time. Consolidate the costs of implementing and deploying your warehouse management software by removing the need for static hardware and on-premise infrastructure.
Capture data at an up to real-time pace, taking advantage of the ability to dive deep into your analytics to better measure output and profitability. Leverage intuitive dashboards and menus to gain insight into all sides of your inventory management and distribution chain, setting up customized workflows designed around your unique processes.
Bridge the gap between siloed databases with seamless integration across your distribution and supply chain management technology stack. Connect your WMS with your ERP or accounting software, CRM, EDI, ecommerce solution and more to build the warehouse management suite that works best for your needs.