When it comes to inventory control, constant evaluation and adoption of crucial technologies is critical so as to improve profitability and stay competitive. Today, warehouse managers have a wide array of technologies to choose from as they strive to reduce costs, improve efficiency and streamline operations. They must ensure that goods, materials and products flow effortlessly by optimizing their warehouse operations through the use of warehouse technologies. Constant evaluation and adoption of crucial technologies is critical so as to improve profitability and stay competitive. The picture below shows the essential technologies that a warehouse manager could implement for effective inventory control.
Warehouse Management System (WMS)
A warehouse management system (WMS) is a software application, designed to support and optimize warehouse functionality and distribution center management. These systems facilitate management in their daily planning, organizing, staffing, directing, and controlling the utilization of available resources, to move and store materials into, within, and out of a warehouse. A warehouse management system usually represents the central unit in the software structure of a warehouse.