Warehouse inventory management is one of the systems gaining value in logistics today. Only sharp minds and committed employees are able to spend minimal time in ordering inventory and determining how often they do their counts. However, a typical warehouse management system is able to control all the materials by checking inventory levels regularly. This management system is still extending its functionalities to various sectors like transportation and light manufacturing among others.
Warehouse management sometimes overlaps with transportation management systems, enterprise resource planning, scheduling, distribution and supply chain planning. Confusion is therefore experienced because of separate software solutions. An integrated system that incorporates warehouse management with other operations of the company becomes a necessity in this case. Warehouse management software can be integrated with other relevant devices to get live data. The best warehouse management system executes tasks by using live data to direct employees and tasks.
There is need to setup a separate department to monitor warehouse operations. This is because it requires a lot of human involvement to keep both the current system and the warehouse management system on the run. Therefore, warehouse software is normally automated to bear low labor cost and boost accuracy levels as fruits. This automation allows smooth transition to the warehouse management system. It also reduces the cycle time thereby increasing service effectiveness awarded to the customer. Some areas like order tracking, first-in-first-out, material handling and cross docking are not left out. Their increase in efficiency can never be doubted.
Nothing good comes on a silver platter. Warehouse system requires an extensive task to setup. You need to categorize similar locations and items. Detailed information like weight, rack number in which items are stored, dimensions, state of the item (raw or finished), how fast the item moves and the list is endless. Every detail of an item is entered in database so that retrieval becomes much easy. However, these are tentative details and vary from one industry to another. A distributor of washing machines may require having details like front loading or top loading, make of the washing machine, maximum weight of dry clothes the machine can take, machine weight, its features and many more.
Since product mix is possible in a warehouse, warehouse management system needs to be configured. Warehouse inventory management controls inventory against abuse and theft.
In conclusion, combine the benefits and the features of IntelliTrack’s barcode software and Intuit’s QuickBooks. Use IntelliTrack software to manage your QuickBooks inventory, creating a powerful and economical inventory control system.