What is it?
A Warehouse Management System (WMS) is a type of software that helps optimize all the processes in a warehouse, such as receiving, storing, picking, packing, and shipping goods and materials. A WMS tracks the inventory and location of every item in the warehouse and provides visibility into the entire supply chain. It can also improve the efficiency and accuracy of order fulfillment, reduce costs and errors, and enhance customer service. Plus, WMS can be integrated with other systems, such as Enterprise Resource Planning (ERP) or Transportation Management System (TMS), to share data and coordinate operations.
How does it work?
A warehouse management system works by connecting users directly to the inventory. It can work in small warehouses, big warehouses, or even across multiple warehouses. A WMS can include barcode scanners, RFID tags, mobile devices, or other technologies to capture and track the movement and location of every item in the warehouse. LoRaWAN® asset tracking, in turn, works even under a simpler framework than the one mentioned previously. One of the asset trackers gathers location data and sends the updates via a LoRaWAN® gateway to an end user. Additionally, TEKTELIC features event-based devices, which send data only when the asset starts moving, saving battery life and reducing energy consumption.
Based on location data, it is easier to manage a warehouse, take orders and direct the order-picking process, inventory, and receive shipments. A WMS also helps optimize the layout and organization of the warehouse by helping keep track of assets that are out of stock, need replenishment, or are oversupplied. A WMS can also generate reports and analytics to monitor the performance and efficiency of the warehouse.