5 Ways Businesses Can Gain Efficiency in Warehouse Management

Are you wondering how you can make your warehouses more efficient? Inefficient processes cost you time and money, so you should focus on upgrading your processes. With an enterprise resource planning (ERP) system, you can make your warehouse management more efficient.

Here are five ways an omni-channel cloud-based ERP system can help you gain efficiency in warehouse management.

1. It Tracks Inventory in Multiple Locations

When you have multiple warehouses, keeping track of which warehouse has which items in stock can be challenging. If each warehouse’s inventory is tracked in a separate spreadsheet or application, you may spend a lot of time trying to monitor your inventory. Without being able to clearly see your inventory as a whole, you may end up with too much of an item in one warehouse, and none of that item in another warehouse.

ERP systems let you manage your entire inventory from one application. You can access your inventory across multiple locations, and clearly see how many items are in each location. Transferring inventory from one location to another is also easy to coordinate.

2. It Integrates with Suppliers and Distributors

One source of inefficiency in warehouse management can be communication with your suppliers and distributors. Looking up pricing, availability, and stock level for your items can be time consuming, especially if you have multiple suppliers. If you and your suppliers don’t call items by the same names, that can also lead to confusion and wasted time.

Your company’s ERP system can be integrated with your supplier’s system, which makes communication much more efficient. You can check information like stock level on your own, so you don’t need to wait on necessary information. ERP systems can send automated system emails to suppliers to communicate your business’s needs.

3. It Integrates with Courier Companies

Courier companies have their own shipping software, which can be a source of inefficiency. Your employees will need to switch between the courier companies’ shipping software and your inventory management software. They’ll spend a lot of time switching between screens. These repetitive tasks are a poor use of time, and they’re slowing down your employees.

Omni-channel cloud-based ERP systems can integrate with the courier companies’ systems. This helps your employees become more productive since they can ship customers’ orders more quickly. Instead of switching between multiple programs, they can access everything they need from the same system.

The best web-based ERP systems enable you to perform tasks like get quotes, print shipping labels, and get tracking numbers. You can also set predefined rules that allow the system to automatically calculate your shipping and handling costs. This automation can save your company a lot of time.

4. It Streamlines Order Fulfillment

If you have warehouses spread across the province or country, deciding which warehouses get to fulfill orders can be time consuming. Omni-channel cloud-based ERP systems make warehouse management more efficient by automatically routing orders to certain warehouses. You can tell the system to prioritize warehouses based on rules like product availability, distance, priority, or shipping cost.

The system can create waves of orders based on criteria that you input. These waves can be based on shipping method, order priority, groups of stores, or other factors. Since orders aren’t being picked individually with this method, more items can usually fit in the picking carts, and this means that more orders can be picked during each pick tour.

5. It Stores Your Warehouse Data in One Place

Finally, an omni-channel cloud-based ERP system stores all your warehouse data in one place. You no longer have to use a different system for each vendor, for tracking your inventory, and for tracking orders. With all your data in a centralized location, you don’t have to waste time looking for information.

With a centralized system, you can easily visualize everything that’s going on in your warehouses. Access to this information gives you the up-to-date data you need to make informed business decisions.