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How Warehouse Management System Drives Productivity of Your Business. 

How Warehouse Management System Drives Productivity of Your Business

How Warehouse Management System Drives Productivity of Your Business

Are you looking to replace the traditional paper-based approach for managing your warehouse’s daily operations? Do you feel overwhelmed by using spreadsheets to document every warehouse activity? If so, then a warehouse management system is the solution you’re seeking.

A robust warehouse management system (WMS) from the LogixPlatform can assist you to manage your warehouse while maintaining the proper data for inventory. It can significantly reduce labour cost and improve supply chain management in your organisation. As a result, you can keep inventory and investment both at optimum levels.Worldwide, many warehouse companies have switched to LogixWMS to leverage its benefits.

Here are the reasons why more organisations tend to invest in a warehouse management system.

  1. Paperless Management

    Manual, paper-based processes of checking invoices, receipts, issues, and preparing statements are very tiresome and time-consuming. A customized LogixMS can assist you to get rid of it by replacing all manual processes with automated operations. It also allows you to capture the transaction data and resource-related information on your smart devices. In a way, you can have complete control over inventory at your fingertips.

    LogixPlatform warehouse management system also plays a vital role in managing the supply chain. You can monitor and control the delivery of finished goods to the market thereby enhancing the customer’s shopping experience. You can also track inventory real-time and record critical transactions like transit movements and receipts of payments with ease. It reduces time, efforts, and expenses.

  2. Efficient Monitoring

    The LogixPlatform is designed to ensure the effective management of inventory irrespective of a number of products and overall quantity. Faster order cycles and better resource utilization are key factors to promote automation and increase overall efficiency for managing inventory. The WMS serves this objective excellently. It can

    • Eliminate chances of human errors during order execution and reduce delivery time
    • Improve reliability and enhance customer satisfaction
    • Help build better relationships with vendors and suppliers
    • Increase productivity while improving your organization’s bottom line.

    Also Read- https://logixgrid.com/creating-efficient-workflows-with-warehouse-management-software/

  3. Improved Productivity- 

    You can get advanced and powerful assistance from a reliable and robust solution. The WMS enables you to update the information related to the raw material and finished goods instantly. It ultimately boosts the efficiency and productivity of your company. When your employees can track inbound inventory, outbound inventory, scan barcodes, generate automated reports, and manage daily processes effortlessly, their efficiency will increase significantly. Your staff can deliver their best when you give them a complete roadmap to accomplish a given task.

    The WMS offers process optimization and improved labor productivity to manage your warehouse cost-effectively for a long time.

  4. Seamless Customization

    The LogixPlatform is highly customizable to meet your changing business needs and growing challenges. It is a mobile-friendly solution and capable of integrating various features to make the most of advancing technology. You can integrate the functionality to manage key processes like inventory transfer and reporting.

  5. Features and Functionality

    A warehouse management system has many features related to inventory movement, barcode processing, label reporting, and tracking of various warehouse-related activities. A ready-to-use WMS can have functionality for order processing, stock taking, inventory counting, and internal stock transfer. It can reduce the order turnaround time and increase the visibility of warehouse operations.

    Also, you can leverage the benefits of  augmented reality for warehouse management through such a solution.

  6. Competitive Edge

    A logixPlatform feature can give your company an edge over competitors who are still using the traditional methods of preparing excel sheets for managing inventory. You can give your business the advantage of advancing technology by integrating the WMS in your business system.

Concluding Remarks-

A robust warehouse management system can offer a high degree of flexibility to enable your teams to meet diverse business requirements. It also facilitates the management to monitor inventory through mobile devices and scanners. As a result, you can have total control over your warehouse and supply chain. This platform can work seamlessly across various handheld devices and traditional warehouse scanners equipped with screens.

     To book an online demo with logix Platform, click here: https://logixgrid.com/contact-us

warehouse management software, inventory and warehouse management software March 1, 2024

Creating Efficient Workflows with Warehouse Management Software

Creating Efficient Workflows with Warehouse Management Software

Creating Efficient Workflows with Warehouse Management Software

Finding the appropriate Warehouse Management System Software  for your business can significantly transform your operational processes, enhance profitability, and optimize efficiency. Warehouses play a crucial role as intermediaries between manufacturers and end-users. By leveraging warehouse management software, you can streamline warehouse workflows, identify bottlenecks, and enhance overall productivity.

Best Features Provided by logixPlatform

LogixPlatform provides a wide range of features to streamline operations, optimise efficiency, and enhance visibility throughout the supply chain. Here are some of the best features typically offered by LogixPlatform.

  1. Barcode and RFID scanners
  2. Providing real-time data updates and data streaming
  3. Inventory location recommendations
  4. Picking and packing help and flow
  5. Product tracking
  6. Warehouse layout planning
  7. Creating reports 
  8. Billing and invoicing
  9. Integration with ERP and other software options
  10. Customization opportunities

Key Characteristics of LogixPlatform Warehouse Management System 

LogixPlatform offers a user-friendly WMS software designed to streamline order flow within your warehouse. Distinguished by its simplicity, this software boasts distinctive features that set it apart from competitors.

Below are our takes on the

Key characteristics of great WMS systems.

– Creating Purchase Orders

LogixPlatform warehouse management system can automatically generate purchase orders and dispatch them to your suppliers. This essential function guarantees the timely acquisition of ordered products, facilitates stock arrival in line with fulfillment requirements, and helps prevent inventory shortages or surpluses.

– Receiving and Creating Sales Orders

LogixPlatform Warehouse management system software facilitates the efficient handling of incoming sales orders and the generation of new purchase orders for suppliers. This streamlined process guarantees the timely dispatch of the correct inventory, thus reducing unnecessary expenses linked to outdated stock. By leveraging effective software, this Complicated workflow eliminates human errors, ensuring optimal operational efficiency.

– Picking and Packing Items

LogixPlatform facilitates efficient item picking and packing for employees and warehouse managers. By knowing where items are located and the best order to retrieve items in, you’ll be able to get orders shipped out quickly and maximize your profit potential through minimized shipping costs.

– Help with Shipping and Delivery

LogixPlatform assists warehouse managers in optimizing outbound order management during the shipping and delivery processes. This includes helping employees track packages, generate labels, calculate rates for different carriers, monitor important deadlines (like holidays), and more

– Inventory Management: 

The LogixPlatform offers a range of capabilities, such as real-time visibility, monitoring stock levels, and tracking items based on SKU, lot, batch, or serial number.

– Stock Level Control

The LogixPlatform Warehouse management system software can efficiently send updates to warehouse managers, ensuring they remain well-informed about crucial stock levels. Utilizing our software in conjunction with WMS enables accurate tracking of stock levels, facilitating the prediction of successful product outflow and sales trends on both a yearly and monthly basis.

Designing a standardized automatic workflow also allows employees to work within pre-set guidelines, promoting transparency with regard to package movement, order fulfilment, and other processes. 

Book a demo today and receive a custom quote for  LogixPlatform.

https://logixgrid.com/contact-us/

warehouse management system software February 21, 2024

Do you need a Warehouse Management System?

Do you need a Warehouse Management System?

Do you need a Warehouse Management System?

Effective warehouse management is essential for companies to maintain competitiveness and meet customer expectations in today’s dynamic and constantly changing business world. This is where a Warehouse Management System (WMS) becomes invaluable.

In the ever-changing business landscape, companies often encounter challenges that cannot be overcome with the available tools and resources. Despite their efforts, they need essential support and advanced functionality to match the pace of growth. 

There are many different reasons a company may decide to implement or upgrade its warehouse management software. Recognizing crucial indicators of performance issues within a warehouse can help identify the need for a new WMS, and keep businesses ahead of competitors.

A WMS is designed to streamline and optimise warehouse operations, including inventory tracking and order fulfilment.

If you need to decide whether your business would benefit from adopting a WMS, this Blog includes five indicators that suggest it might be the right time to consider taking advantage of this tool. Meet logixPlatform WMS – the warehouse with all the features you need to change your company’s future.

5 Key Signs That You Need LogixPlatform Warehouse Management System (WMS)

Your warehouse has been functioning well so far, based on manual or paper-based processes. Tasks such as order fulfilment, inventory tracking , and record-keeping are handled manually by employees without using or relying on digital systems or automation. 

You are growing and unable to manage your operations manually. You have deep-set inefficiencies at various levels. 

Do you need to automate your processes?

Here are five vital signs underlining your need for more advanced tools in your company. 

5 Key Signs That You Need Automated Warehouse Management System (WMS)

  1. Lack of real-time inventory visibility
  2. Inefficient order management
  3. Difficulty meeting customer expectations
  4. Limited in scalability and growth
  5. Inefficient warehouse space utilisation

1 – Lack of real-time inventory visibility

Are you noticing issues such as running out of stock or overstocking certain items, increasing back orders, or experiencing inconsistent stock status reports? 

Access to real-time, accurate inventory data ensures prompt customer service, efficiently fulfilling orders, and making well-informed purchasing decisions. 

 Moreover, if your warehouse deals with perishable items, tracking expiry dates becomes vital to provide customers with safe, high-quality products while minimising waste and losses.

Implementing a warehouse management system (WMS) can significantly enhance your inventory management metrics. With a WMS, you can effortlessly monitor stock by item number, name, batch or serial number, bin, custom field, or barcode.

By addressing the lack of real-time inventory visibility with a WMS, your warehouse can operate with greater efficiency, accuracy, and responsiveness, ultimately improving overall performance and customer satisfaction.

READ MORE: Maximize your E-Commerce Success with Real-Time Inventory Management

2 – Inefficient order management

Inefficient order management can be defined by several different indicators. When your warehouse is experiencing one or more of these issues on a regular basis, it may be time to consider investing in or upgrading your warehouse management system.

  • Delayed Order Fulfillment: Inefficient order management may cause delays in processing and fulfilling customer orders, leading to dissatisfied customers and potential revenue loss.
  • Order Errors: Manual order processing increases the likelihood of errors, such as shipping the wrong items or incorrect quantities. This can result in costly returns and diminished customer trust.
  • Difficulty in tracking orders: Without a systematic order management system, tracking the status of orders becomes challenging, making it harder to provide accurate shipment updates to customers.
  • Lack of order prioritization: Inefficient order management may lead to difficulties prioritizing urgent orders, affecting on-time delivery and customer satisfaction.
  • Inadequate inventory allocation: Without an omnichannel OMS and little to no automation, it’s challenging at best to properly communicate accurate inventory levels to all of your selling channels and marketplaces.

Using an Order Management System in conjunction with your Warehouse Management System, these issues can be addressed effectively. The WMS allows businesses to streamline order processing, automate order fulfillment workflows, and provides real-time visibility into order status.

This results in faster, more accurate order processing, improved order prioritization, and enhanced customer service. With improved order management in your WMS, you can optimize your warehouse operations and ensure smoother customer experiences.

By choosing LogixPlatform, you eliminate the need for two separate solutions, streamlining your operations and simplifying the management process. LogixPlatform unified approach empowers you to efficiently handle order processing, fulfillment, and inventory management with real-time visibility, ensuring faster and more accurate operations.

                            Discover how our WMS can improve your business

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3 – Difficulty meeting customer expectations

For many third-party logistics companies (3PLs), a WMS is already an essential tool for daily operations. However, when 3PLs are struggling to meet client expectations, this could mean that it’s time to upgrade your warehouse management solution.

  • Delayed order fulfillment: Inefficient processes and lack of real-time inventory visibility may cause delays in fulfilling customer orders, resulting in dissatisfied customers and potential revenue loss for both the 3PL and the client.
  • Inaccurate order processing: When relying on outdated systems, mistakes are bound to happen which could lead to incorrect shipments leaving the warehouse.
  • Limited visibility: 3PL clients want to know how much inventory they have now. Tracking order status and providing accurate updates to customers is an essential part of running a 3PL.
  • Inefficient pick and pack processes: Difficulties in order prioritization and inventory allocation can impact picking and packing efficiency, resulting in delayed shipments and dissatisfied customers all around.
  • Stockouts and overstocking: Inadequate inventory management may cause stockouts or overstocking of certain items, leading to missed sales opportunities, or wasted space in the warehouse holding products that won’t sell through quickly.

A WMS streamlines order processing, enhances inventory visibility, and optimizes pick and pack processes. This results in improved order fulfillment efficiency, accurate order processing, and better customer service. With better order management through a WMS, your company can meet customer expectations, enhance customer satisfaction, and build stronger client relationships.

 READ MORE: Ensuring Efficient Picking and Packing in Warehouse Operations

4 – Limited in scalability and growth

Experiencing limitations in scalability and growth is another strong indicator that your company could benefit from implementing a Warehouse Management System (WMS). When your current warehouse operations need help to keep pace with the increasing demands of your business expansion, it can lead to several challenges. 

For example:

  • Inefficient space utilization: Without a WMS, it becomes difficult to optimize warehouse space, especially when taking on more clients and/or products, which leads to inefficiencies and wasted storage capacity.
  • Difficulty fulfilling in large volumes: Manual inventory tracking may hinder your ability to manage larger inventory volumes effectively, causing errors in fulfillment.
  • Lack of automation: Manual processes are time-consuming and may not be able to handle higher order volumes effectively, leading to delays and reduced productivity.
  • Difficulty in order fulfillment: Scaling up without a WMS may result in challenges in processing and fulfilling orders promptly, leading to customer dissatisfaction and missed opportunities.
  • Complexity in supply chain management: As your business expands, coordinating logistics and managing supply chain complexities become more challenging without real-time visibility and automation.
  • Inadequate features: Not all software solutions will have enough features to meet your warehouse’s needs as they grow. Luckily, LogixPlatform  has many features that users can opt into at a later time, even if those features were not top-of-mind when first implementing the software.

With a WMS, you can optimize space utilization, automate inventory management, and streamline order processing, enabling your warehouse to handle increased demand efficiently.

With Warehouse Software Management in place, your company can grow confidently, expand its operations, and better meet your customers’ needs in a dynamic business environment.

5 – Inefficient warehouse space utilization

Inefficient warehouse space utilisation is a critical sign that your company could benefit from implementing a Warehouse Management System (WMS). When your warehouse struggles to make the most of its available space, it can lead to several challenges including:

  • Wasted storage capacity: Without optimised space utilisation, valuable warehouse space may go underutilised or remain unused, resulting in higher operating costs and decreased storage efficiency.
  • Difficulty in locating items: Inadequate organisation and storage layout can lead to longer product search times, reducing productivity and potentially causing delays in order fulfillment.
  • Limited storage flexibility: Without proper space utilisation strategies, the warehouse may face difficulties accommodating inventory sizes and handling fluctuating stock levels.
  • Inefficient picking processes: Poor space utilization can lead to inefficient picking routes, resulting in longer travel times and reduced order picking productivity.
  • Stock inaccuracy: Inadequate space management may lead to misplacements or unrecorded inventory, causing discrepancies in stock counts and affecting inventory accuracy.

LogixPlatform WMS offers tools to organise inventory efficiently, allowing you to maximise storage capacity and improve picking processes. With a well-organised warehouse through a WMS, you can enhance productivity, reduce operational costs, and create a more streamlined and efficient warehouse environment.

Closing Thoughts

In conclusion, a Warehouse Management System (WMS) is an indispensable asset for companies aiming to remain competitive in today’s rapidly evolving business landscape. The six key signs presented in this article offer clear and compelling indicators that adopting a WMS, such as LogixPlatform, can revolutionise warehouse operations. By transitioning from manual processes to automated workflows, businesses can eliminate inefficiencies, reduce errors, and gain real-time visibility into inventory levels, leading to streamlined and more efficient operations. Furthermore, a well-implemented WMS can significantly enhance order management, customer satisfaction, and scalability.

It enables businesses to process orders faster, prioritise urgent requests, and allocate inventory optimally, ensuring prompt and accurate order fulfillment. Additionally, by addressing space utilisation challenges, a WMS maximizes storage capacity, improves picking processes, and enhances productivity. Embracing a comprehensive solution like LogixPlatform , which integrates WMS functionalities, empowers companies to consolidate their management processes and deliver exceptional customer service. In conclusion, investing in a WMS represents a strategic step towards achieving operational excellence, meeting customer expectations, and securing a prosperous future in today’s dynamic business environment. Don’t lose more time, book your consultation now.

                    Discover how our WMS can improve your business

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