Global floorcare company Vax is enjoying huge growth in its ‘direct to consumer’ ecommerce channel, because of very low overheads and bigger margins.
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.
Oct 16, 2019 Comments (0)
Consumers’ environmental expectations are adding a new layer of supply chain complexity – how are companies going to respond? Steve Richmond, Director Logistics Systems, Jungheinrich UK discusses the role of automation within intralogistics to support the green agenda.
Oct 09, 2019 Comments (1)
The news that UKWA (United Kingdom Warehousing Association) has appointed a new female Board Chair, Nicola Ridges-Jones, who understands the contribution the supply chain and logistics industry makes to online business, represents a huge win on many levels. It sends a very powerful message to young people everywhere but especially to women, highlighting the career potential of the industry and its many opportunities.
Oct 08, 2019 Comments (0)
NextShift Robotics has announced a new interface connection with SVT Robotics, provider of a universal software platform that minimises the labour and expense involved in integrating robotic solutions with business systems.
Oct 02, 2019 Comments (0)
A brand new name in warehousing and logistics has entered the UK market.
Yantra Fulfilment is a newly formed third party logistics (3PL) provider. Based just off junction 24 of the M1, the company has options on more than 100,000sq ft of space in the Midlands with a view to having 10 fulfilment centres strategically positioned across the UK.
Oct 02, 2019 Comments (0)
Global warehouse automation provider, KNAPP, received considerable interest from visitors in its latest solutions at IMHX 2019. The company exhibited its brand-new fulfilment workstation, Pick-it-Easy Evo, for the first time in the UK and also demonstrated its award-winning, AI-enabled redPILOT software.
Sep 25, 2019 Comments (0)
Are your warehousing costs higher than they should be? Probably. Most companies know what their warehouse is costing to run, but they have no idea what the minimum spend to operate their warehouse should be.
Sep 11, 2019 Comments (0)
By Vikash Kumar Chaudhary, Senior SEO Executive, Tatvasoft.
Operations are the heart of any business and warehouse industry is no exception! Distribution centres and warehouses seem to be evolving by leaps and bounds greater than ever.
Sep 04, 2019 Comments (0)
By Joseph Walston, Director of Operations at Sentient Lasers.
In an age of faster shipping and delivery times brought on by retail giants like Amazon, efficiency within warehouses has become increasingly important. One tried-and-true method of warehouse organization is barcoding technology.
Sep 04, 2019 Comments (0)
Software application and engineering specialist Red Ledge is joining forces at IMHX 2019 with the company’s new majority shareholder Böwe Systec to launch the latest range of Red Ledge manufacturing and logistics (M&L) automation systems.
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.