Ever-growing
customers’ expectations have posed a serious challenge for supply chain
industry. With drop shipping have become a new normal, it has become really
challenging for companies that sell or distribute products to meet the overall
expectations of customers around shipping. It has become impossible to track
inventory as it moves through the warehouse using spreadsheets and paper.
However, deploying Warehouse Management System (WMS) as part of a larger
fulfillment and warehousing strategy can help businesses to optimize warehouse
operations.
Inbound Logistics – WMS accelerates the inventory
receiving process. By automating process using pre-defined rules, you can guide
users while receiving and putaway process. By recommending bin locations and
putaway rules, you can ensure that inventory is quickly and accurately
processed so that it can be used to fulfill orders. With WMS like NetSuite,
inventory can be allocated automatically to outstanding open orders and can be
taken directly to the packing locations. This decreases the fulfillment time
and handling costs of putting items away and then picking them to fill an
order.
Inventory Visibility – With WMS, you can track inventory when
it is moved through the warehouse using barcodes, and lot and serial tracking
to ensure accurate visibility of inventory levels, orders and fulfillment
status at all times. Using WMS, you can also track perishable goods with
expiration dates based on receipt date.You can also schedule regular cycle
counting within the WMS as a means of checks and balances. If we talk of
NetSuite WMS, then it delivers holistic view of inventory across all physical
locations. You can view inventory levels per physical location as well as
enterprise wide by setting up physical locations hierarchically and using
sub-locations to ensure more efficient order fulfillment and replenishment.
Outbound Logistics – Most of the WMS come with pick and
pack logic and strategies. Using these, you can ensure how and when inventory
is needed during fulfillment process. By defining a wave release strategy,
selecting single or multiple picking type, and setting your wave status further
customizes and controls the way orders are processed. Organizations managing inventory
across multiple warehouse locations should leverage NetSuite WMS capabilities
to gain visibility of inventory by location. With NetSuite WMS, you can define
fulfillment and shipping rules to minimize shipping costs and simplifying order
orchestration which is something that would be impossible to do manually.
Mobile Scanning – In order to increase efficiency in
warehouse operations,you can integrate a mobile app.The combination of a
wireless mobile device and barcode scanning helps to automate processes, such
as shipping and receiving, putaway, and picking and packing. NetSuite WMS
mobile apphelps in reducing the time that operators spend in completing
everyday tasks, such as inbound, inventory and outbound processing tasks. You
can direct users to perform specific tasks, such as putaways and picking, based
on pre-configured strategies defined during the setup of the WMS system to
ensure that inventory is allocated according to plan and not haphazardly.
Bottom Line
Thus,
with NetSuite WMS, you can optimize your day-to-daywarehouse operations using
industry leading best practices such as intelligent pick and pack processes,
handheld barcode scanning, cycle counting and integration with shipping systems.
As authorized NetSuite ERP
Implementation Partner in India, we can optimize NetSuite instance as per
your unique business requirements. You should contact us if you’re looking for NetSuite ERP Consultant in India.
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