Global freight forwarder Dimerco is adapting to the changing supply chain strategies of major high-tech companies, opening its second bonded warehouse within the Taiwan Taoyuan International Airport Free Trade Zone (FTZ) on September 12th, 2023.
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.
Warehouse robotics market size worth USD 15,793.0 million in 2030
Sep 12, 2023
According to Adroit Market Research, with a predicted 15.81% CAGR from 2021 to 2030, the global warehouse robotics market was valued at USD 4,400.03 million in 2020 and is expected to reach USD 15,793.0 million by 2030.
Transforming Warehouse Operations: How LumperHQ.com Rescued a Struggling Business
Sep 11, 2023
In the world of logistics, the efficient movement of goods is paramount. For warehouses, the process of unloading containers is a crucial, albeit labour-intensive, task. Many warehouses struggle to find reliable labour to perform this job efficiently, and the cost of manual unloading can be a significant burden. However, one warehouse faced with these challenges found a remarkable solution that turned their fortunes around – LumperHQ.com.
UKWA Warehouse Roadshow heads to Northern Ireland
Sep 06, 2023
Next stop for the UKWA Warehouse Roadshow 2023 will be Northern Ireland. Following a successful regional event in Newport Wales earlier this year, businesses in the warehousing and logistics sector in the province are being invited to The Stormont Hotel in Belfast on Wednesday 27 September.
Warehouse track and trace
Aug 31, 2023
Escalating costs and continued demand for warehouse space are placing ever greater pressure on organisations to optimise existing warehouse efficiency. Yet with warehouse operatives still hard to recruit, how can existing staff achieve the levels of pick and pack accuracy, and speed, required to meet deadlines without compromising the overarching precision needed, that underpins a great customer experience?
Trew growth investment
Aug 22, 2023
Trew, LLC has received investment from American Industrial Partners (AIP) and Redwood Technology Ventures to grow its capabilities and capacity.
Zofri chooses Infor WMS as its Warehouse Management System
Aug 22, 2023
Infor, the industry-specific cloud software company, has announced that Zofri, Zona Franca de Iquique will implement Infor's WMS (warehouse management system) to improve customer service, one of the most important performance indicators in the supply chain. The solution will be implemented by Cerca Technology, Infor's partner in Latin America.
What’s best, a complete or phased approach to Warehouse automation?
Aug 14, 2023
With labour hard to find and performance at peak under scrutiny, businesses may be tempted to opt for a complete, turnkey warehouse automation project to solve all their problems in one move. But might a stepped approach make more sense? Dan Migliozzi, Head of Sales at independent systems integrator, Invar Group, considers the options.
AutoScheduler.AI mentioned in the Gartner Hype Cycle for Supply Chain Execution Technologies, 2023
Aug 09, 2023
AutoScheduler.AI, a Warehouse Management System (WMS) accelerator, is recognised in the Gartner Hype Cycle for Supply Chain Execution Technologies, 2023. AutoScheduler.AI appears in the category under Warehouse Resource Planning and Optimisation.
Slamcore releases updated SDK enabling person detection in warehouses and manufacturing
Aug 08, 2023
Slamcore has launched its latest spatial intelligence software development kit (SDK).
Warehouse Management System (WMS)
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.
