Blog / Warehouse Management System

The warehouse inventory management system improves the warehouse management process. Upgrading the warehouse management system to enhance the strengths of the enterprise!

With the rapid development of science and technology, major companies around the world are gradually integrating with the international market with the assistance of electronic management. The business development of enterprises no longer stays in the local market and breaks regional boundaries. Enterprises stepping into the international market also leads to stricter specifications for warehouse management processes to make sure that enterprises can keep up with the pace. Electronics systems not only allow companies to access the international market, but also facilitate an inventory management system that allows companies to manage warehouses, making business development more effective.

The goods are placed in an orderly manner, making stock taking handy

Every step in the warehouse management process is an important hub. Especially after the major e-commerce companies set foot in the international market, enterprises have to receive orders from all over the world, and need to store and manage thousands of items properly. If this is not handled carefully, productivity will be hampered.

With the assistance of the warehouse management system, when the company receives the goods, it will record the production date, expiration date, batch and serial number of each piece of goods. This helps to place the goods in an appropriate location which enables the warehouse to have a good space planning. The goods are organised in an orderly manner such that the process of goods receipt and delivery will be more convenient for the enterprise in the future. It will also minimise the probability of employees making mistakes in the warehouse management process.

Besides, companies spend a lot of time every year in stocktaking in order to get a clear picture of the company's performance, and identify discrapancies so as to help improve and manage the inventory. Enterprises can check the quantity of goods in real time through the data of the inventory management system, which not only relieves the pressure of their employees in stocktaking, but also helps management analyse marketing performance or formulate more efficient strategies.

Combining online and offline inventory to improve local online shopping self-pickup service

The trend of electronisation has also caused many companies to pay more attention to online shopping services, hoping to gain a higher market share in the industry. Undoubtedly, the Internet has broadened the market for enterprises to obtain more orders and enhance brand awareness, but many enterprises still have not provided the service of "order online, pick up offline". This is because these enterprises have not yet integrated the inventory management system of their online and brick-and-mortar stores which are running independently with data residing on separate systems. If "order online, pick up offline" is implemented, it may cause a shortage of goods in physical stores.

ISL's Envision X warehouse management system integrates inventory data from e-commerce and physical stores. Data integration helps companies overcome the difficulty of "ordering online and picking up offline". Enterprises can check the quantity of goods in the store through the inventory management system to make appropriate adjustments and replenishments, and provide customers with the service of "order online, pick up offline". In addition, the system also allows the two departments to work together to reduce the chance of errors in business operations, shorten the time for processing orders, and effectively reduce the cost and expenditure of business operations.

Efficient allocation of goods across stores to maintain store productivity

It may be difficult for start-up companies to realize the importance of goods dispatch, but in large chain stores, they often face various unexpected situations. Major shopping malls hold promotional activities from time to time to attract a large number of people to visit. Ususally store managers place orders based on past experience. However, even though they try to stock up more goods than usual, it is still possible to run out of stock at times. In this case, if the store manager can get hold of the stock level from other branches through the warehouse management system, they are able to avoid the embarrassing situation by borrowing goods from the other stores so as to maintain sufficient stock to operate.

The warehouse management system closely follows the movement of goods

Driven by globalisation, enterprises have jumped out of the framework of the local market, and the scope of enterprise services has extended to the world. When enterprises process overseas orders, customers are very concerned about the movement of goods. In order to track the goods and ensure that the goods can be safely delivered to the customer, the warehouse management system is indispensable in the delivery process. The warehouse management system can be linked with other computer systems so that the goods can be closely tracked from shipment to customer receipt. If faced with customer inquiries, customer service personnel can also tell the movement of the goods through the warehouse management system to answer customer questions.

The e-M-POWER warehouse management system under ISL has all the functions that can be customised to meet the needs and specifications of various companies. With the help of the inventory management system, enterprises can formulate detailed and efficient plans to ensure that the company's warehouse management process is smooth and enhance the strength of the enterprise in the industry.

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