We are currently witnessing a time of unparalleled polarisation within different sections of the global economy. The impact of COVID-19 on economies around the world has resulted in massive increases in redundancies, wiping out much of the positive growth since 2008.
Warehouse Management Software, WMS, Warehousing Software, Warehouse Systems
A critical element within the wider supply chain, a warehouse management system (WMS) helps to manage the storage and distribution of goods within a warehouse or distribution centre (DC). The software stores and provides information on goods transactions such as receiving, putaway and picking and shipping, often based on real-time information related to bin utilisation. A WMS system also often incorporates the use of Auto Identification & Data Capture (AIDC) devices or systems – including barcode scanners, mobile computers, wireless LANs or Radio-frequency identification (RFID) – to help to optimise the efficient stocking and distribution of goods.
Jul 06, 2020 Comments (0)
Jul 02, 2020 Comments (0)
With traditional models being turned upside down, the pressure is on for businesses to become more adaptable and flexible with their planning, writes Tony Dobson, SnapFulfil's CEO for UK & Europe.
Jun 30, 2020 Comments (0)
As consumer demands and expectations increase and supply chains become more complex, businesses are increasingly turning to automation in order to generate more efficiencies and value from their warehouses and processes.
Jun 18, 2020 Comments (0)
WMS innovator SnapFulfil is ‘snapping up’ 3PL clients with its new multiple billing software that offers the highest levels of detail, accuracy and clarity. With margins ever tightening, there’s the option of setting different rates for quantities shipped and charging accordingly, offering greater economies of scale.
Jun 11, 2020 Comments (1)
Following the unveiling of Manhattan Associates’ Manhattan Active Warehouse Management solution at the company’s recent online Momentum Connect customer conference, Manufacturing & Logistics IT spoke with the company’s UK managing director, Craig Summers, about the current warehousing and supply chain landscape.
Jun 11, 2020 Comments (0)
Of all the unknowns surrounding Covid-19 one thing is certain, its effects and legacy have changed the way people work, live and play, says SnapFulfil UK & Europe CEO, Tony Dobson.
Jun 02, 2020 Comments (0)
EPG | CnB (Contract and Billing) is the comprehensive solution for digital contract and billing management for all logistics services.
From contract creation through comprehensive records of performance to contract assignment and automatic invoicing: This tool provides powerful modules for all work and process steps. Increase your turnover by really billing all logistics services.
Jun 01, 2020 Comments (0)
The coronavirus has taken hold around the world, and all parts of the economy have a duty to help slow the spread of the virus. An increasing number of logistics firms are implementing measures to maintain operations and protect their workforce.
Jun 01, 2020 Comments (0)
As millions of people across the globe return to work, safety remains a top concern for workers and businesses alike. However, a single case of COVID-19 can potentially close an entire facility and require decontamination before operations can restart.
Automated and digital with the customer web portal – Find your way through the contract and billing jungle with EPG | CnB
May 28, 2020 Comments (0)
EPG | CnB (Contract and Billing) is the comprehensive solution for digital contract and billing management for all logistics services. From contract creation through comprehensive records of performance to contract assignment and automatic invoicing: This tool provides powerful modules for all work and process steps.
Warehouse Management System
A warehouse is a commercial building used for the storage of goods and are usually cited in industrial areas. Warehouses are used by manufacturers, logistics companies, distributors, transport, freight forwarders, importers, exporters, wholesalers, etc. Warehouses usually have loading bays and docks and serve as a distribution centre for the loading and unloading of goods from trucks. Sometimes warehouses are designed for storage and despatch of goods directly from railways, airports or seaports.
A warehouse management system, or WMS, is a key part of the supply chain and primarily aims to control the movement and storage of materials within a warehouse and then organise and process all of the associated transactions such as shipping, receiving, put-away and picking. The systems also direct and optimise stock put-away based on real-time information about the status of bin utilisation. A WMS can be used by manufacturers in their own warehousing facilities or a logistics company (3Pl /4Pl) operating contracts for a number of clients and retailers.
Warehouses are an integral link in the modern supply chain, ensuring that the correct product is stored efficiently ,delivered in the right quantity, in good condition, at the required time, and at minimal cost. It performs an integral role in managing goods movement and information exchange between manufacturers, distributors and retailers.
A good Warehouse Management System (WMS) manages all types of warehouse operations efficiently and effectively. It also enhances inventory management by increasing accuracy, improving order fulfilment and reducing order cycle time. Receiving and shipping are streamlined as well to facilitate cross-docking and expedite back-ordered products.
A WMS can automate picking, packing and shipping and it will minimise the number of moves per order. The WMS can improve the accuracy of every order, reduce safety stock, manage tasks and improve processes. An efficient WMS can consolidate orders to reduce transportation and shipping costs. Data is collected within the warehouse environment by data-capture technology such as barcode scanners, mobile computers, wireless LANs and Radio-frequency identification (RFID). This information is then fed into a central WMS database to provide a real-time update on the overall inventory and specific SKU levels in the warehouse (stock keeping units). This information is then used to replenish the stock levels to ensure that there is sufficient flow of products. Once data has been collected, there is either a batch synchronization with, or a real-time wireless transmission to a central database. The database can then provide useful reports about the status of goods in the warehouse.
Bonded warehouses are specifically used as a secure holding or storage facility before duty is paid. Upon entry of goods into the warehouse, the importer and warehouse owner incur liability under a bond. Goods can be stored and held in a secure environment for a number of years before either being shipped on or released for distribution when the duty must then be paid.