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Warehouse Management Solution

the way you need to work

Insight and Efficiency In the Palm Of Your Hand

Warehouse Management Software (WMS) has revolutionized the way businesses manage their inventory by providing a seamless integration between the warehouse and Enterprise Resource Planning (ERP) systems. The integration of WMS with ERP can help extend inventory management functions and streamline warehouse operations. In this article, we will explore how WMS can help optimize inventory, reduce operating costs and improve cash flow for businesses.

Inventory Optimization
One of the primary benefits of using WMS is inventory optimization. With WMS, businesses can accurately track inventory levels, manage stock rotation and improve order fulfillment. This can help businesses reduce inventory carrying costs and increase inventory accuracy. By using advanced algorithms and real-time data, WMS can provide businesses with a better understanding of their inventory, enabling them to make informed decisions about stock levels, reorder points, and safety stock.

WMS can also help businesses with demand forecasting, which can optimize inventory levels and reduce overstocking or understocking. By analyzing historical sales data, WMS can predict future demand and help businesses make better decisions about inventory management.

Operating Costs
WMS can help businesses reduce operating costs by improving warehouse efficiency. WMS can automate manual processes, such as order picking and packing, reducing the need for manual labor. It can also optimize the use of warehouse space, reducing the need for additional storage facilities.

WMS can also help reduce transportation costs by optimizing the picking and packing of orders. By using algorithms to optimize the order picking process, WMS can reduce the number of trips required to fulfill an order, thereby reducing transportation costs.

Cash Flow
WMS can help improve cash flow by reducing inventory holding costs and optimizing order fulfillment. By accurately tracking inventory levels and reducing overstocking, businesses can reduce the amount of capital tied up in inventory. This can improve cash flow and enable businesses to invest in other areas of the business.

WMS can also improve order fulfillment, reducing the time it takes to process orders and improving customer satisfaction. This can lead to increased sales and improved cash flow.

Supporting our clients and their need for a WMS solution.

Navigator understands that there is no one size fits all solution for solving problems with WMS.  We work with several best-in-breed solution providers to match client needs and system benefits from simple barcode-driven inventory management through full mobile-based warehouse management systems.

Benefits of WMS

WMS will:

  •      Increase Productivity
  •      Decrease Cycle Times
  •      Increase Accuracy
  •      Decrease Picking/Shipping Errors
  •      Increase Warehouse Space Utilization

 

WMS delivers the tools for your warehouse team to have the right product, at the right place, at the right time - providing your business the needed agility to meet ever changing customer demands.

 

Can you accurately answer these questions? Are these some challenges your warehouse is facing? 

  •      How much cash is tied up in inventory?
  •      How is your inventory turning?
  •      Can you ship what you are selling?
  •      Does your Sales Team know what is available, sold or pending, in real-time?
  •      How productive are your people?
  •      Are deliveries and orders being processed accurately?
  •      Do you have the right stock in the right place to handle your volume?

 

WMS has solved our clients common pain points:

 

Processes that are Out of date and don’t match customer’s requirements
“Special Programs” / Workarounds that create more work
Missed orders / Returns handling
Incorrect stock shipped on orders
Undocumented Broken/lost inventory
Difficulty handling Sales Kitting
Physical Inventory are not matching the system
Just doesn’t integrate well with their ERP (On-Prem, Cloud Hosted, or SAP HANA)

Resources

How Does a Warehouse Management System Help Companies Increase Profitability

Understanding Warehouse Optimization

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