Posts Tagged ‘Warehouse Management Systems’

Warehouse Optimization: Balancing Cost and Service Levels

Warehouses are the backbone of modern supply chains, serving as crucial hubs where goods are stored, sorted, and distributed. They play a pivotal role in ensuring that products reach consumers efficiently and on time. However, running a warehouse is not a straightforward task; it requires a delicate balance between cost management and service levels. In this comprehensive article, we will explore the intricacies of warehouse optimization, examining how businesses can strike the right equilibrium to maximize efficiency, minimize expenses, and enhance customer satisfaction. The Importance of Warehouse Optimization Efficient warehouse operations are essential for several reasons: Factors Influencing Warehouse Optimization…

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Case Study: Contract Warehousing Company Manages Inventory Levels, Expiration Dates and Shipments for Major Beverage Manufacturer

The Challenge A contract warehousing company stores and ships beverages for a major manufacturer. Inventories are maintained manually on spreadsheets. Physical inventory counts are conducted several times a week to maintain accuracy. There is no reliable method to do lot tracking or manage product expiration dates. Receipts, movements and shipments are all done manually. The manufacturer is planning to implement a new ERP system in 12-18 months time which will be made available to the warehousing company. Our contract warehouse can’t wait that long and needs a solution now. The Solution CoreIMS is implemented along with RF bar code scanning….

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The Difference Between Inventory Management and Warehouse Management Systems

Although Inventory Management and Warehouse Management terms are used interchangeably, there are subtle differences between the two. Understanding these differences is important when choosing what system to get. There are various Inventory Management Systems (IMS) and Warehouse Management Systems (WMS) software packages on the market. There is also a lot of misunderstanding and misrepresentation about different packages. For example some Warehouse Management Systems have different tiers (most common Tier 1, Tier 2 and Tier 3) defined by warehouse size, turnover speed and complexity. Complexity Inventory Management Systems tend to be simpler. Most commonly used for items, locations, receiving and shipping…

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