As the warehouse industry continues to evolve, it’s important to stay up-to-date on the latest trends and technologies. This will help ensure that your operation is as efficient and effective as possible.
WMS solutions offer a number of benefits over traditional paper-based systems, including increased productivity and accuracy. At Minster, we aim to achieve a 28% gain in productivity and an error rate below 0.02% when implementing a voice or scan-based solution over a traditional paper-driven warehouse.
With a typical team of 35, implementing Edge WMS can save £150k a year. In order to stay competitive, it is essential that businesses keep up with these changes and invest in the latest technologies.
Gone are the days of paper-based systems; modern warehouses now make use of warehouse management systems (WMS) to manage their distribution operations.
A WMS is a software application that helps to manage and optimise warehouse operations, including tasks such as stock management, order fulfilment and shipping. By automating these processes, a WMS can help to improve accuracy and efficiency in the warehouse, while also giving managers greater visibility over their operations.
Importantly, it can also be used to track inventory levels, stock locations, order fulfilment and shipping. A WMS can also help to optimise warehouse space and improve picking efficiency.
How does a WMS improve warehouse operations?
The WMS, is a software program that helps warehouse managers to more efficiently and effectively organise, manage and track their warehouse operations. In general, WMSs enable businesses to:-
1. Reduce the amount of time it takes to find and retrieve items from the warehouse
2. Increase accuracy in the picking and packing of orders
3. Improve communication between different parts of the warehouse operation
4. Maximise space utilisation in the warehouse
5. Automate stocktaking processes
6. Reduce labour costs
According to a recent survey of industry decision-makers, 87% of respondents are in the process of or planning the expansion of warehouses by 2024.
The survey also found that 67% of respondents believe that being out of stock after placing an order, or simply overselling, is the most common inventory errors that result in lost consumers. Alarmingly, 17% of inventory mistakes that resulted in lost clients were due to incorrect product packaging and delivery.
The benefits of using a WMS are clear and it is no wonder that their popularity is growing rapidly. In fact, 77% of the businesses questioned are taking automated warehouse technologies seriously and are developing a strategy to optimise data-driven performance.
How can a WMS help to optimise warehouse space and improve picking efficiency?
A warehouse management system can help to optimise warehouse space and improve picking efficiency by allowing you to track inventory levels and manage orders. With a WMS, you can also automate tasks such as receiving, put away, picking and shipping, which can help to improve your overall productivity.
Additionally, a WMS can help to reduce the likelihood of human error, which can lead to lost or misplaced inventory. By using a scan-based or voice-based system, you can help to further minimise the chances of human error, resulting in an even more efficient and accurate warehouse operation.
If you’re looking to improve your warehouse operations, a WMS is a great option. By optimising your warehouse space and improving picking efficiency, you can save time and money while ensuring that your customers receive their orders on time and without errors.
To learn more about the benefits of warehouse technology and how it can transform your distribution operations, contact us today on 01827 55334.