ANSWERS FOR WAREHOUSE DISTRIBUTION CONCERNS
A robust warehouse management system is crucial for optimizing production processes, enhancing efficiency, and boosting productivity within your organization. This integrated solution offers advanced functionalities to effectively handle warehouse data, monitor stock movements, and execute production orders. It also ensures seamless integration with financial accounting, resulting in accurate cost and quantity updates, eliminating manual errors, and reducing the need for manual inspections.
Incorporating warehouse and inventory management tools into your operations provides significant advantages in supply chain management and customer satisfaction. It furnishes real-time insights into inbound and outbound shipments and offers a comprehensive view of current inventory levels, stocking status, and movement history. These real-time updates empower you to meet customer demands promptly and effectively.
By connecting your warehouse management system with order processing functions, you can efficiently manage various billing processes. Additionally, the material requirements planning (MRP) feature assists in maintaining optimal inventory levels, especially for complex manufacturing processes.
Access to detailed reports is essential for making informed management decisions. Warehouse and inventory reports, including inventory counts, values, stock transactions, production planning, and material requirements, offer valuable data to streamline your operations effectively.
A dependable inventory management system is vital for meeting commitments, ensuring customer satisfaction, and controlling costs. Integrated inventory and production management tools enable you to manage warehouse data meticulously, track stock movements, and plan production orders based on material availability, enhancing overall operational efficiency.
ERP WAREHOUSE MANAGEMENT SYSTEM KEY FEATURES
- Goods receipt and issue control — track stock transfers; record goods receipts and issues; perform inventory and cycle counts; enable consignment, drop-ship, and other orders;
- Production and material requirements planning — issue and release production orders, create and maintain multi-level bills of materials (BOMs), and maintain prices for BOMs globally
- Warehouse and inventory management — maintain item master data and item costs, and use multiple units of measure and pricing
- Efficient, up-to-date reporting — Generate and display reports with data that is regularly refreshed and available in various formats.
ERP WAREHOUSE MANAGEMENT SYSTEM:
WAREHOUSES AND INVENTORY TRACEABILITY
ERP warehouse management software lets you manage multiple warehouses and operations from a central, multi-purpose console. Track item stock levels and perform instant availability checks with real-time visibility of the inventory you have “on hand.”
Maintain a detailed list of numbers and descriptions of items for purchasing, inventory, and sales by using the data management functionality. It supports multiple unit types which means you can purchase and sell your inventory in different units (in cases or individual bottles) while maintaining an accurate count of available units in stock.
Create an unlimited number of price lists with multiple currencies, pre-assign prices to specific customers, and define which discounts are automatically applied to vendor transactions. Special pricing tools help you manage large volume discounts, cash sales and customer accounts.
ERP WAREHOUSE MANAGEMENT SYSTEM:
STOCK MOVEMENTS
Enterprise Resource Planning inventory management systems keep track of receipts and issues in any warehouse and tracks your stock transfers from one warehouse to another. You can integrate price lists and the application will update inventory values simultaneously.
The solution fully integrates inventory and accounting transactions, so when stock levels are adjusted inventory accounts are immediately credited or debited.
The supply manager lets you quickly create pick lists and pull the listed items from the inventory. Drop-ship orders are smoothly processed by creating dedicated customer lists.
The inventory function allows you to record quantities, perform inventory tracking, and post stock differences by item, group, or vendor. Take stock with integrated lists generated and printed with inventory management software.
ERP WAREHOUSE MANAGEMENT SYSTEM:
MATERIAL REQUIREMENTS PLANNING
Enterprise Resource Planning warehouse management solutions enable you to accurately and effectively manage bills of materials (BOMs), production orders, and material requirements within the software to save time and increase efficiency.
For example, you can readily document the type, quantity, and price of materials needed to manufacture the final products, as well as quantity availability. The application simplifies definition and management of BOMs for production, assembly, and sales. Once these parameters have been defined, production orders can be created and processed.
The costs for each item, and materials on hand are automatically added to your work orders, enforcing accurate allocation of raw materials to products and volume control.
- Inventory data
- Bills of materials (BOM)
- Scheduled production input and purchase orders
- Demand inputs from actual and forecasted orders
ERP WAREHOUSE MANAGEMENT SYSTEM:
PRODUCTION AND WAREHOUSE REPORTS
Create sophisticated warehouse and production management reports with the tools included in ERP solutions. You can choose report formats such as Microsoft Word, Microsoft Excel, or PDF to display standard reports or incorporate them as dashboards. Use the predefined templates for stock and inventory lists as well as item and warehouse transaction lists.
TIGHTEN PARTNER INTEGRATION
Provide online self-service capabilities for customers and suppliers, so they can view inventory availability, the status of orders and deliveries, and billing information.
The right business management software can help you compile information from multiple software applications into a single, integrated solution, so you can:
- See into existing customers’ current and historical orders
- Recognize which products or services complement what a customer already has
- Identify when to contact customers for reorders
- Track the entire sales process, from opportunities to closed sales
- Exceed customer expectations at every level
- Plan routes, track shipments something like that
For example, when you get a call from a current customer about the status of an order, you can also ask whether a previous order arrived on time. Or, if a product is backordered, you can let the customer know when you send it. When you have easy access to accurate data, you can understand customers better, which ultimately makes and keeps them happy. Business management software can help you aggregate data such as sales figures, inventory, warehouse numbers, pricing, and supplier statistics.