Companies that hold stock must manage their inventory responsibly. The place where you store products is the heart of your business. What kind of place? Think of locations such as a warehouse, storage unit, garage, garden shed, basement, or attic. Regardless of where you store your goods, you must always have a clear overview of your inventory. Keeping track of inventory in detail is crucial for the future of your business. But what are the benefits of a digital WMS system?
Why Is Inventory Management So Important?
You must constantly monitor your inventory to avoid stock shortages at all costs. When consumers place an order, they expect to receive it as quickly as possible. If poor inventory management results in an item being out of stock, you will be unable to fulfill the order. This leads to dissatisfied customers and negative reviews. Even if customers eventually receive their product and are satisfied, a delayed delivery can still result in a negative review. With proper inventory management, you can identify products that have fallen below the minimum stock level and need to be reordered to prevent stock shortages.
Why Should I Choose a Digital WMS System?
There are many ways to manage inventory. As a business, you should always consider which method offers the most benefits. However, we strongly advise against using paper-based inventory management. Working with manual inventory cards and similar methods is extremely time-consuming and prone to errors. We recommend using a digital WMS system. A digital WMS system helps optimize your warehouse. Such a system allows you to automate purchase orders and sales orders. Automatic notifications are also an option, such as alerts when stock levels drop below the minimum threshold.
Some Benefits of a Digital WMS System
A digital WMS system offers many advantages. Here are some of the key benefits:
- Less Administration – A digital WMS system significantly reduces paperwork. Figures and information are stored digitally, allowing you to manage everything from one central location.
- Fewer Errors – A WMS system minimizes mistakes. It automates various tasks where human errors typically occur. Computers do not miscount and are not affected by fatigue.
- Direct Integration with Webshops – If you sell products via an online store, it’s beneficial to link your webshop to the WMS system. This way, orders are automatically entered into the inventory system, and customers always have real-time stock information.
- Warehouse Locations – To improve efficiency, products can be linked to warehouse locations. This allows you to find items quickly. A quick glance at the WMS system will show where each product is stored in the warehouse.
- Picking Route Optimization – If you use a smart WMS system with warehouse locations, the system will determine the most efficient picking route. This means you can pick multiple orders without unnecessary back-and-forth movement in the warehouse.
- Reports and Analytics – A digital WMS system tracks vast amounts of data. This data is used to generate reports that provide insights into inventory management. With these reports, you can determine the optimal stock levels and identify your best-selling products.
Webship is a Digital WMS System!
There are multiple digital WMS systems available, but they vary in features. Webship Online, for example, is a cloud-based WMS system. This means it is accessible anytime, anywhere, as long as you have an internet connection. Need to quickly check an order in your inventory system? You can do so easily via your smartphone. With a static inventory management system, stock and orders can only be accessed on specific devices where the WMS system is installed. In the digital age, cloud-based inventory management leads to better efficiency and results.
You can test Webship Online for free or request a demo. Want more information about the digital WMS system developed by Webship? Contact Webship Online via hallo@webship.online.
