Top 5 Benefits of ERP System for Supply Chain Management in 2018
September 27, 2018
Triosuite Security
June 5, 2020

Developing Warehouse Operations through ERP Systems

One of the most important factors in maintaining successful warehouse related operations in your company is keeping the logistics straight.

To define warehouse logistics, we must first understand the meaning of logistics itself. In the simplest possible terms; logistics may be defined as the detailed planning, organization, management, and implementation of complex operations. In many industries, logistics extends to the flow of both physical goods and information.

Warehouse logistics, therefore, encompasses all the varied, complex factors – organization, movements, and management – involved in warehousing. This includes the flow (shipping and receiving) of physical inventory, as well as that of more abstract goods, including information and time.

In other words, warehouse logistics involves all the policies, procedures, and organizational tools necessary to keep your warehouse operations running smoothly.

Warehouse Management Challenges:

Despite state-of-the-art storage technologies, keeping track of your warehouse operations is no easy task, as any warehouse manager can surely tell you. Without the right automated system assisting you in running the logistics, your business may very well enter into crisis sooner or later.

Some of those challenges include;
  • Excess and obsolete stock.
  • Wastage and leakage.
  • Lack of traceability.
  • Bulk data confusion.
  • The high expenses of stand-alone applications to facilitate the logistics.
  • Mixed communications.
  • Lack of real-time data.
  • Decreased productivity and efficiency through duplicate data entries.

Managing your warehouse by integrating ERP Logistics Management Software System:

Now that we know the challenges, what is the best way to develop warehouse operations and keep them intact with business values and growth?

If you consult the professionals, they will provide you with a variety of solutions. But depending on the size of your business, and the unique challenges of the industry you work in, these same professionals will most probably advice you to acquire a proper ERP Logistics Management Software System.

This ERP integrated system should be able to accommodate most inventory requirements including basic warehouse management at a far more affordable price than using a different application for each requirement.

The ERP logistics management software combines various applications that facilitate the flow of information across all functional areas within an organization, rather than relying on multiple software applications managing your operations.

Functions of an ERP Logistics Management Software System:

  • Functionality picking, packing, receiving, shipping
  • Barcode scanning
  • Inventory location tracking
  • Accounting and finances
  • Order entry and invoicing
  • Purchase orders
  • Contact management
  • Inventory management

These functions alone make ERP management software a powerful tool for logistics. This software lets operators manage business functions like product distribution and staff maintenance, and provides companies with valuable real-time data at every stage of the supply chain.

The implementation of an ERP logistics management software system can also be one of the most effective ways towards traceability, since one of its major features is integration between modules, data storing/retrieving processes and management and analysis functionalities, combined with the typical functionalities of standalone applications.

How the ERP Logistics Management Software System benefits warehouse development:

  • Easily identify and reduce excess stock levels
  • Locate obsolete inventory to remove from your warehouses
  • Automatically calculate dynamic demand forecasts
  • Automatically calculate optimized order levels for replenishment
  • Analyze historical demand for every SKU across your network of warehouses
  • Reduce carrying costs of unnecessary inventory by upwards of 30%
  • Have a single point for receiving orders for performing warehouse operations
  • Unified methodology for monitoring the implementation of warehouse orders, including alarms for delays and more
  • Billing and rate configuration allowing users to create a number of configurations
  • Data Analysis and forecasting capabilities (a functionality that is especially useful for companies that work in seasonal or cyclical businesses).
  • Real-time data analytics that provide companies with valuable business intelligence
  • Staff management resource
  • Manage in-bound deliveries
  • Manage movement orders to replenish materials consumed
  • Make internal deliveries to production processes more efficient
  • Manage shipments made in the warehouse

Create the complete business picture with the ERP Logistics Management Software System

Doing this effectively ensures the warehouse doesn’t operate as a stand-alone entity. Wider departments from manufacturing to customer services and purchasing can all quickly pull real-time data on the ERP logistics management system and use it to make better decisions. Manufacturing teams can, for example, better adjust their schedules on the basis of real-time raw material availability. And customer services teams can ensure they give accurate answers to customers based on stock level and order demand at that moment.

With full integration of an ERP logistics management software system, warehouse activities can feed the next stages in the chain – electronic notifications to purchasing based on what has or hasn’t been delivered, or to customer services to keep customers in the loop. And with mobile technology, it’s also possible to bring down the barriers between the manufacturing shop floor and the warehouse. RF and bar code activities can be carried out in either location, minimizing information leakage and properly aligning production with inventory.

The complete ERP toolbox

Implemented correctly, such a set-up has all your bases covered – goods receipt, put away, location management, order pool management, picking, replenishment, reporting on physical and cycle counts and vendor returns and SKU management. Whether goods are used for production or sales or both, such a system can ensure they’re optimally organized for the best use of physical space and employee time.

The ERP logistics management software module creates one system for all your needs, cross linked for optimal insight and control, and providing the rest of the business with the information they need to create value. With a single source of truth, everyone works from the same information, and in many cases, the paperless work environment can become a reality.

The benefits of TrioERP

  • Fully integrated with Microsoft Applications
  • Dimensional data view (grids, pivot tables and charts)
  • Exportable reports.
  • Report and dashboard designer.
  • Multi-legal entities, sites and currencies.
  • SMS and email batches and notifications
  • Outstanding reporting and analytical tools and generate all statistics
  • Fully customizable, configurable to your needs and identity
  • Historical information for all processes

The differentiating functions of TrioERP

  • Full functions and features can be accessed from desktop, web and mobile.
  • Full HR and payroll features with dynamic configurations per country regulations.
  • Self-services within the system.
  • Customer and vendors can access to update some data and get full reports.
  • Perpetual, cloud and subscription options with flexible and free shifting from one option to another.
  • Unlimited steps can be applied to one or multi legal entity without IT help.
  • 70% of the development can be handled by key user while 30% needs an IT person with standard MS SQL experience.
  • Notes, comments and chat rooms features are available.
  • Saving in a database, drive folders and external accounts like Dropbox and Google Drive.

After reading the information in this article, and learning how an ERP logistics management software system can most definitely benefit your business of any industry and boost your success in operating the warehouse; you can try it yourself before making a final decision by requesting a demo using the below links.

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