Why You Need an WMS Software for eCommerce Inventory Management
Why You Need an WMS Software for eCommerce Inventory Management
An WMS software is an inventory management software that helps you increase productivity and efficiency in your warehouse. It helps you track goods, monitor stock levels, automate transactions, and manage transactions. It also helps you reduce costs, improve customer service, and increase accuracy. The best part is that it’s available for all ecommerce businesses, regardless of their size. This blog post will provide you with the basics of an WMS software, why you should implement one, and how to find the right software to suit your needs.
Why is WMS Software Important for eCommerce Business?
WMS stands for Warehouse Management System. WMS software is used for inventory management and warehousing. The inventory management and warehousing is done through a computer, handheld device, or mobile device. The WMS software is used to manage the warehouse and inventory of an ecommerce business.
An WMS software can help you manage your inventory and other business operations more efficiently. This can help you run your business more easily by automating inventory management, order processing, and other business operations.
Reduce order processing cost
Every ecommerce business has to consider the costs of order processing. You need to make sure that you are ordering supplies in the most cost-efficient manner possible. WMS software makes this possible. It can be done in a wide variety of ways.
When an order is received it is very easier and faster for the sales and warehouse staff to locate the particular items. As a result, the overall operating costs are reduced due to the optimization of the process, the reduction of order picking time and resources. By optimizing the supply chain by a significant margin, you could accommodate your warehouse inventory better.
Improve Tracking and Visibility
Maintaining accurate inventory counts ensures that the right number of products are available in good condition and in stock. Workers can maintain count frequency using inventory management software. It would be simple for users to update inventory levels by clicking a few buttons or scanning barcodes.
By tracking serial numbers, barcoding, or RFID tagging, warehouse management software keeps track of inventory in real-time, documenting every product that enters and leaves the warehouse and where it is stored. You can better forecast demand by taking advantage of this improved visibility of stock levels. You would be able to avoid stockouts and overstock situations.
Seamless Synchronized Procedures
There are many activities within fulfillment centers, and it is possible that communication between them is siloed. This can result in your employees spending a lot of time going back and forth to find the correct documents.
Order management systems and inventory management systems integrate seamlessly with e-commerce warehouse management systems. The platform provides real-time tracking of orders fulfilled, shipping details, fulfillment times, customer feedback, and more. The result would be a reduction in human errors and bottlenecks caused by improper communication between departments, thereby lowering your risk of human error.
Optimized Warehouse Space
By classifying products and assigning specific storage spaces, you can place them optimally in different bins and shelves. Not only will you be able to locate ordered products faster, but you will also be able to maintain a maximum inventory level.
In order to maximize storage space and use recorded product details to fulfill orders, an ecommerce inventory management software solution could help you organize your products into the right racks so they can be processed more easily, while also knowing when it is time to replace stock.
Integration with back-office systems
You should ensure that your WMS includes inventory control, order entry, purchase order, finance, and modules for other processes that are crucial to the operations of your business. By implementing this strategy, your organization will be able to enhance operational efficiency, improve service, reduce costs, and increase profitability, ultimately giving you a competitive advantage over your competitors.
Real-time inventory tracking
Stock movements can be tracked in real time with inventory control. Improved supply chain workflows, reduced inventory levels, better forecasting, and improved customer service result from this.
Picking and packing
The management of inventory could be optimized using software that supports a variety of picking and packing methods, including zone picking, wave picking, and batch picking, as well as guiding employees through the process so that it is completed in the most efficient manner possible.
How Can We Help?
Say goodbye to e-commerce inventory management complications with our WMS software. We design simple-to-use warehouse management software at FactsERP so you can get a clear picture of how daily inventory and fulfilment operations are going.
For more information or for a Quick DEMO of Facts ERP, call now on 052 640 3910 and get in touch with our software experts to learn more about our solution.