Today, many companies have decided to implement a warehouse management system (WMS). The overall goal of the WMS is simple: optimize all warehouse functions and processes.
Receipt – functions that include physical receipt of materials, checking conformity of delivery to order, identification, and delivery to destination, and preparation of reports for acceptance. You can also know more about the benefits of wms software via https://dearsystems.com/wms/.
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Placement – This means moving material from the dock (or other receiving location), moving the material to a storage location, placing it in the stacking area, and then moving it to a designated location, and recording the movement and identification of the location where the material is placed.
Selecting – Selecting or "selecting" the specific quantity of product needed to be moved to the packing area (usually in response to one or more delivery orders) and documenting that materials have been moved from location to ship.
Consolidated Arrangement and Shipment – It is the physical movement of material from the parking area to the preparation area according to a prescribed set of instructions regarding a specific outbound vehicle or delivery route, often for the purpose of consolidating shipments.
Inventory cycle counting – It is a technique for checking inventory accuracy by reporting inventory on a cycle schedule rather than once a year. The cycle inventory count is usually determined on a regular basis.
The most efficient cycle counting systems require counting a number of items per workday, with each item counting multiple times. The main purpose of cycle counting is to identify defective elements and thereby initiate exploration, identification, and elimination of the causes of failure.