10 Features Of Warehouse Management You Need To Know

warehouse management system features
India is a host to many small and big warehouses, which needs proper sap warehouse management systems to assist in the warehousing aspects of the business. By improving one’s supply chain, a business is bound to grow and be able to expand overseas, which is only possible with the help of an efficient WMS system.  Certain warehouse management system features help the owners to function their businesses efficiently. Moreover, the system offers great features, and some essential ones are provided below, which will help you to know WMS more effectively. Let us look at all the significant parts of the warehouse management system. 

1. Presence Of A Well Organized Inventory Management 

 No matter what the size of a business is, well-organized inventory management is what makes the difference in its success and failure. It keeps the count of products besides identifying high and low-performing products to sending off notifications when stocks run out. An efficient inventory management system is the backbone of good warehouse management software. 

There are various techniques involved in inventory management which initially started by keeping track of the products manually, which has been taken over by the latest automated smart system. It tracks inventory data via RFID and barcode readers and ensures that it can be located easily on the move. SKUBIQ is the perfect example here, as the best WHM system.

 2. Creating Picking And Packing List 

 Picking and shortlisting products has always been considered to be a manual task that consumes a lot of time. This is where WMS comes into play to save a considerable amount of time. Wave picking, zone picking, and batch picking are done by the WMS and are considered to be one of the best warehouse management system features.  It easily sorts and prints lists by order date, SKU, and bin location. It gives better accuracy in picking and packing the products, ultimately increasing the customer’s satisfaction. 

 3. A Great Labor Management 

 The highest expense incurred by warehouses is on labor. It includes identifying employees, managing their schedules, and scheduling specific tasks for employees. It also helps employees maintain their attendance using QR codes to track their timing, work hours, etc., to keep track of their performance indicators.  It reports labor productivity to allow managers to optimize their human assets. It also yields increased employee and customer satisfaction, improved management decisions, and critical data collection and reporting.

 4. Shipping Of Products 

warehouse supply chain

Self-fulfillment of orders involves a lot of hidden costs and consumption of time, affecting the efficiency of the running business. A smart WMS ensures to meet the needs of the customers. It also generates bills, invoices, packing sheets, and other shipping-related documents. An efficient WMS solution helps in freight procurement, packing & dispatch, digital assistance, putaway, goods checking, etc. 

 5. Order And Billing Management 

 Order management can be enhanced by a controlled flow of products through your warehouse. It tracks the client metrics across multiple levels and also keeps the extra expenses under control. The warehouse management software increases order throughout and accuracy and speeds up the shipping processes, which acts as added warehouse management system features. 

 6. Lessens The Risks Involved In A Business

 The risk management of a business is an extensive and critical component of a successful business. A good WMS solution offers risk management advantages by considering potential hazards and existing disruptions. This warehouse functionality prevents overstocking and product waste, including stockouts. The visibility that WMS provides enables a deeper understanding and prediction of client behavior and their demands which prevents the wastage of products resulting from overproduction. 

 7. Financial Management 

 To boom, a business, tracking finances is an important aspect. A warehouse management system provides tracking and reporting on all aspects of a business helping the managers to make well-informed decisions. It also automatically calculates revenues and taxes, minimizing the tasks that need to be done. It also minimizes expenses on non-required features, and you get to pay for the features that you use, which saves a lot of money in the long run. 

 8. Products Return Management 

 Other warehouse management system features include products return management as well. Returning products is something that no company wants to go through, but to maintain a good relationship with their customers, they have to accept returns, and this is possible through warehousing in supply chain management. 

Returning products is quite a lengthy process which starts with the customer creating a return request to the company arranging for the product pickup, and initiating the refund. Most eCommerce companies tie up with third-party logistic companies for the pickup and handling of return products. Though tying up with third-party logistic partners saves a lot of time, the high expenses that come with it don’t go well with most companies. 

With the WMS system, automation and streamlining of the return procedures can be handled effectively. It keeps track of return status, and return processes, manages refunds, be they partial or full, and management of returned products. 

 9. Creating Different Labels 

 We all agree that managing a warehouse is not easy due to the number of products that, if not labeled properly, can lose their count, impacting negatively on businesses. These labels might contain a lot of things that are required by the customer but are of great importance to business owners and employees. They have manufacturer information and barcodes to make the job easier in its shipping.

But many times, business owners do not want to have some part of the product’s information written on the label. A warehousing management system can create barcodes that contain information that can be bifurcated into smaller pieces and gives the customer a smaller piece of information relevant to them and store the rest for business people to use in case of regulatory and operational requirements. 

 10. Integration With ERP ( Enterprise Resource Planning ) 

 An ERP is an all-in-one solution for effective warehouse management systems. ERP automates the activities in an organization like accounting, inventory management, and also customer relationship management. It facilitates accuracy and tracks down the real-time data of the products. The integration of WMS with ERP helps in assisting sales and better operations and finance, making the employees take better decisions. 

Conclusion: 

The warehouse management system features are much larger in number, but here we have discussed some of the significant features that make WMS the obvious choice for businesses to go for to thrive in today’s economy. India is on the way to reaching a great height in the economic sector but faces some loopholes in the arena of logistics and warehousing, which wastes a lot of resources and manpower. Similar to SKUBIQ WMS system is undoubtedly the best choice to get out of the shortcomings in businesses.

Recent Blogs

Copyright© 2024 by Skubiq All rights reserved.
ININ
en_USUS en_AUAU en_GBGB swSW id_IDID en_ZAZA en_NZNZ en_CACA de_CH_informalDE bn_BDBN zh_TWZH zh_HKHK zh_CNZH_CN uz_UZUZ es_ESES de_ATDE_AT ko_KRKO jaJA ru_RURU thTH pt_PTPT ms_MYMS de_DEDE_DE pt_BRPT_BR viVI es_VEES_VE es_CRES_CR es_MXES_MX es_COES_CO es_CLES_CL fr_FRFR teTE it_ITIT ne_NPNE nl_BENL fa_AFFA tr_TRTR urUR sr_RSSR boBO mnMN es_ARES_AR ININ

This demo will let you access SKUBIQ products, its functionality, features and usability to assess and help your decision making of choosing the product.

Get A Quote

Get A Quote

Start building today with our 14 day trial. No commitment. No credit card required.

3PL

The SKUBIQ is a cloud based Warehouse management system and is designed for third-party logistics companies to manage multiple customers, processes and billing schedules. The system enables access to real-time information and provides integrations with warehouse management technologies, including EDI, barcode scanning, and e-commerce shopping carts. The software scalability helps companies to manage different stock levels in warehouses, streamline business, and satisfy customers.

SKUBIQ is designed to help logistics companies automate processes and bill items accurately. The software provides features which allow the user to easily add and remove customers and products. The software is designed to help logistics providers satisfy customers’ need for updated information and increase profits through process automation.

The SKUBIQ can be integrated with any line of business application or ERP thereby allowing users to synchronize items, inventory, purchase orders, and receipts.

Manufacturing

The manufacturing is a highly regulated industry globally where attention to detail is critical to help ensure stringent requirements for product quality and deadlines are met. Its become imperative for organizations to achieve a lean environment in which they have visibility to and control over these details is where competitive advantage often resides. SKUBIQ partners with major manufacturing companies globally to improve efficiency and reduce costs, such as:

  1. Support of lean manufacturing initiatives by including inventory management capabilities within manufacturing
  2. Initiating supplier re-orders based on demand signals
  3. Compliance with industry requirements for quality, product tracking, safety, and recall management
  4. Integrated RFID, including asset tracking
  5. Quality assurance and inspection
  6. Managing a large product catalog / SKU proliferation
  7. Addressing Customer OEM parts packaging
  8. Core stratification and remanufacturing
  9. Wave planning and small order pick optimization to reduce picker travel
  10. Serialized inventory tracking
  11. EDI / ASN integration

Distribution Center

Distributors normally lack precise and seamless traceability, lot control, and recall management capabilities jeopardizing the inventory thereby putting their businesses at risk of compliance failures and legal liabilities. In addition, they are constantly challenged by the emerging consumer demands for omni-channel commerce, specialized products, and more convenient delivery options

SKUBIQ is trusted worldwide for supply chain management and visibility. But Why? Simply because our uniquely adaptable software solutions help companies like you stay on top of this fast-changing market.

SKUBIQ helps address the complete process of fulfilling complex, multi-temperature home delivery orders. SKUBIQ has the inbuilt flexibility in helping emerging online retailers and distributors a wide range of specialty products through traditional eCommerce fulfillment models.

As one of the market leaders in warehouse management (WMS) for cold-storage, third-party-logistics companies that play a critical role distribution, we bridge inventory and distribution between some of the world’s largest producers and their customers.

Fashion and Retail

The SKUBIQ is a cloud based Warehouse management system and is designed for third-party logistics companies to manage multiple customers, processes and billing schedules. The system enables access to real-time information and provides integrations with warehouse management technologies, including EDI, barcode scanning, and e-commerce shopping carts. The software scalability helps companies to manage different stock levels in warehouses, streamline business, and satisfy customers.

SKUBIQ is designed to help logistics companies automate processes and bill items accurately. The software provides features which allow the user to easily add and remove customers and products. The software is designed to help logistics providers satisfy customers’ need for updated information and increase profits through process automation.

The SKUBIQ can be integrated with any line of business application or ERP thereby allowing users to synchronize items, inventory, purchase orders, and receipts.

Fast-moving Consumer Goods

The manufacturing is a highly regulated industry globally where attention to detail is critical to help ensure stringent requirements for product quality and deadlines are met. Its become imperative for organizations to achieve a lean environment in which they have visibility to and control over these details is where competitive advantage often resides. SKUBIQ partners with major manufacturing companies globally to improve efficiency and reduce costs, such as:

  1. Support of lean manufacturing initiatives by including inventory management capabilities within manufacturing
  2. Initiating supplier re-orders based on demand signals
  3. Compliance with industry requirements for quality, product tracking, safety, and recall management
  4. Integrated RFID, including asset tracking
  5. Quality assurance and inspection
  6. Managing a large product catalog / SKU proliferation
  7. Addressing Customer OEM parts packaging
  8. Core stratification and remanufacturing
  9. Wave planning and small order pick optimization to reduce picker travel
  10. Serialized inventory tracking
  11. EDI / ASN integration

Automobile

Distributors normally lack precise and seamless traceability, lot control, and recall management capabilities jeopardizing the inventory thereby putting their businesses at risk of compliance failures and legal liabilities. In addition, they are constantly challenged by the emerging consumer demands for omni-channel commerce, specialized products, and more convenient delivery options

SKUBIQ is trusted worldwide for supply chain management and visibility. But Why? Simply because our uniquely adaptable software solutions help companies like you stay on top of this fast-changing market.

SKUBIQ helps address the complete process of fulfilling complex, multi-temperature home delivery orders. SKUBIQ has the inbuilt flexibility in helping emerging online retailers and distributors a wide range of specialty products through traditional eCommerce fulfillment models.

As one of the market leaders in warehouse management (WMS) for cold-storage, third-party-logistics companies that play a critical role distribution, we bridge inventory and distribution between some of the world’s largest producers and their customers.

Pharma & Surgical

The SKUBIQ WMS Software is a cloud-based Warehouse management system and is designed for third-party logistics companies to manage multiple customers, processes and billing schedules. The system enables access to real-time information and provides integrations with warehouse management technologies, including EDI, barcode scanning, and e-commerce shopping carts. The software scalability helps companies to manage different stock levels in warehouses, streamline business, and satisfy customers.

SKUBIQ WMS Software is designed to help logistics companies automate processes and bill items accurately. The software provides features which allow the user to easily add and remove customers and products. The software is designed to help logistics providers satisfy customers’ need for updated information and increase profits through process automation.

The SKUBIQ can be integrated with any line of business application or ERP thereby allowing users to synchronize items, inventory, purchase orders, and receipts.