ERP (Enterprise Resource Planning) is a software tool that integrates the various functions that are essential to run a business, into one complete system. The system streamlines processes and information from various units such as accounting, human resources, inventory management and many more, into a common, shared database. So, practically employees from different units can access the same information for their specific needs.
Warehouse management is the controlling of the day-to-day operations, such as picking, receiving, shipping and put-away of goods, in a warehouse. Warehouse operations are complex and usually generate a lot of paperwork. The paperwork can prove to be quite a hassle. In order to avoid the same, most companies adopt warehouse management systems (WMS). The WMS automates all the manual processes and provides a centralized viewing of all the warehouse procedures.
WMS can be stand-alone or be a module of ERP systems. Most companies prefer to have an ERP equipped with the WMS module. These ERP systems provide management and the efficient controlling of materials in the warehouse. An ERP system helps you analyse the current procedures and performance. Based on your requirements, you can even get customized ERP for warehouse management through PC Soft.
The advantages of ERP for Warehouse management are many, but it majorly helps in the improvement of the following processes.
When a picker in your warehouse, takes the incorrect item, it is known as a picking error. These errors usually occur when two similar looking packages are placed together. Picking errors are usually a very costly affair. If the error is picked out before dispatch, there are re-picking labour costs. If the incorrect products get shipped, then the cost increases exponentially due to returns, repackaging and shipping of the replacements to the customers.
An ERP system validates your inventory in real-time. With mobile devices, the picked items can be verified on the spot and the picking errors can be reduced. With this system the picking time also reduces, effectively increasing the processing capability of the warehouse.
The main functions of inventory management involve receiving, storing and returning of the products. Inventory management is necessary to know what is on the shelves in your warehouse. It is also an effective way to re-order your products and manage their flow throughout the company’s operation.
The software provides a way to track purchases and orders so that you can monitor the spend levels. It also features the ability to track items that are related to each other. This optimises stock control and creates a balance between deploying too much capital and availability of stock for the customers.
Manual work is time-consuming and costs more as compared to automated systems. The ERP software automates almost all the functions in a warehouse, thus reducing labour costs and increasing productivity. This system is also most beneficial for increasing the accuracy and reducing errors in the overall functioning of the warehouse.
ERP systems give employees access to accurate information, which allows them to make better decisions. These systems also help with the overall efficiency of your business by eliminating redundant systems and processes. Depending on our requirements you can also get the ERP system tailored to your warehouse needs. PC Soft is a company that provides you with the best solutions in ERP for warehouse management.