Warehouse Management Best Practices
No matter the manufacturer, all must deal with warehousing parts, material, components, and product. Warehouse management is the oversight of your operations in the warehouse. This involves shipping, receiving, tracking, and storing of inventory. It also oversees training your employees, planning daily workloads, managing how and when items are shipped, and overseeing the movement of all goods in the warehouse. A warehouse management system (WMS) is software designed to optimize all operational processes. When you implement a WMS, you have full access and visibility to inventory levels, staff productivity, order fulfillment workflows, storage, and future forecasting – all in real-time. Systems such as warehousing management are vital, as they eliminate manual processes and take guesswork out of your operations. With streamlined processes, you receive a vitally accurate snapshot of what your business did yesterday, how it's doing today, and what it will perform like tomorrow. Here are five essential factors in managing your warehouse.
#1. Inventory tracking
Inventory tracking allows you to know exactly what is on hand in your warehouse at all times to improve your tracking and increase accuracy.
#2. Picking and packing
An effective warehousing management system will generate pick lists so that each picker will retrieve items in the most efficient way possible. Once items are picked, they are handed off to the packer responsible for getting your goods ready for shipment.
All warehousing management systems must have the ability to receive inventory and then store it in specific locations. A WMS can scan each new shipment, box by box, when received.
Shipping carriers will pick up orders from the warehouse and send them on their way. Orders are tracked via the WMS, so you know exactly where your shipment is from start to finish.
Among the most important aspects of a reliable WMS are the inventory reports. Various kinds of reports can keep all operations of your warehouse running optimally.