How Warehouse Management Systems Can Revolutionize Operations In The Sri Lankan Manufacturing Industry

Curious about how the Warehouse Management System (WMS) is revolutionizing the Sri Lankan manufacturing landscape? With WMS, streamline your operations by efficiently managing inventory, processing orders, tracking stock levels, handling packaging logistics, and seamlessly overseeing refunds and returns.

This guide will provide you with the essential strategies for managing your manufacturing business with a robust Warehouse Management System (WMS), simplifying your daily operations.

How Can Warehouse Management Systems Revolutionize Operations in the Manufacturing Industry?

Let’s identify how WMS helps streamline manufacturing industry-related operations in Sri Lanka.

Effective Inventory Management

In warehouse management, handling the inventories effectively plays a key role in handling raw materials and products in the manufacturing industry. Having an effective inventory management helps to streamline the operations in the following ways:

• Ability to handle the products’ storage, type, and attributes in one place in WMS.
• Effective management of real-time inventory levels and procurement effectively.
• If the WMS is integrated with effective scanning systems, it will help to handle receipts and route orders easily.
• WMS handles the order management, including vendor details.

Proper Order Management

Order management in manufacturing firms consists of several stages, such as picking, packing, Work in Progress (WIP), shipping, returns, and more! Several things must be kept in mind at each stage so that the WMS can manage effectively. Hence, proper order management plays a pivotal role in smoothening the workflow.

Picking

A Warehouse Management System (WMS) proves to be invaluable in streamlining the following essential tasks during the order picking phase of order management:

• Quickly identify and collect the available products based on WMS updates.
• Use the basic procedures to handle picking activities.
• Integrating barcode or RFID scanners helps enhance the accuracy of getting the ideal WMS products.

Packing

A Warehouse Management System (WMS) is essential during the packing stage of order management, assisting with the following activities:

• Identify the optimal types of products for packaging through WMS.
• Utilize ideal packing techniques.
• Leverage order management to identify the appropriate packaging and shipping labels, such as UPS, FedEx, USPS, price tags, logos, and more.
• Enhance efficiency by automating manual processes, including entering shipping addresses and tracking numbers.

Work in Progress (WIP)

A Warehouse Management System (WMS) is invaluable during the Work in Progress (WIP) stage of order management, assisting with the following critical activities:

• It helps to track the packed products.
• Identify the locations and points of delivery of products.
• Based on the tracking it makes it feasible to inform clients about their order details.
• Easily handle inconvenient instances such as losing packages, stolen or even broken effectively.

Shipping

During the shipping stage of order management, a Warehouse Management System (WMS) proves invaluable for the following critical activities:

• WMS helps to track the orders effectively.
• Identify whether the orders are delivered on time and reach the correct customers.
• Inform the customers about their order details based on the information in WMS.
• Effective handling of orders in a cost-effective manner.

Returns

A Warehouse Management System (WMS) is invaluable during the returns stage in order management, assisting with the following critical activities:

• It helps to automate key return steps such as documenting, updating the stocks, and more!
• Practical steps to handle both full and partial refunds.
• Provide reports related to the refunds with the correct details.

Easy Stock Monitoring

When managing inventory in a manufacturing firm, maintaining the correct quality and ensuring availability is crucial. A Warehouse Management System (WMS) assists in stock monitoring through the following ways:

• Ability to identify the right time to order stocks based on necessity.
• Handle the available product quantities and restock quickly.
• It helps to avoid stock shortages or overstocking.
• Manage the minimum and maximum stock levels as per the requirement.

Efficient Report Generation

Effective reporting is crucial in a manufacturing firm, pinpointing vital operational gaps and empowering decision-makers with data-driven clarity.

Leverage these reports through your Warehouse Management System (WMS) to optimize a multitude of tasks, ensuring a seamless and efficient workflow:

• Find detailed analytics on sales such as best-selling products, least-selling products, peak sales, seasonal sales, and more!
• Identify detailed insights about clients.
• Identify insights about workers and their efficiency and productivity scales.
• Identify the best and least performing sales channels and take ideal measures.
• Obtain practical yard management details.

Benefits Of Improved Warehouse Management

The following are the key benefits gained from using a WMS in a manufacturing firm:

• Maximize Space Utilization: Make the most out of your warehouse space.
• Enhanced Inventory Transparency: Gain clear insights into your inventory at all times.
• Efficient Labor Management: Optimize workforce productivity and efficiency.
• Seamless Material Tracking: Keep track of materials with ease.
• Streamlined Supply Chain: Improve overall supply chain operations.
• Superior Shipment Handling: Ensure timely deliveries and exceptional customer service.

In conclusion, although WMS can be used to manage a manufacturing firm in many ways, the crucial step is how you utilize it.

Are you interested in identifying the ideal WMS for your manufacturing firm? Contact us immediately for a quick consultation NOW!

We hope this guide helped you identify how the WMS revolutionizes the manufacturing industry.