Why You Need a Warehouse Inventory Management System

by | Jun 2, 2014 | Business

For many businesses, no single component or location is more important than the warehouse. In sales, the warehouse holds your inventory, the product that you will be selling and shipping off to customers. In manufacturing, the warehouse holds the raw materials you will need to keep your plant running and keep product rolling off the line. Shipping and receiving, central to the operation of any business, is done through the warehouse, as well. Many savvy business owners and managers have learned that the key to running a profitable enterprise is to run an efficient warehouse. A warehouse inventory management system can help with that.

Managing the Warehouse
There are many facets to warehouse management. You need to track and control material coming in and going out. You need to know when inventory gets low so that you can order more and you need to know which items aren’t being used or sold so that you can stop buying them. In some cases, inventory needs to be rotated and kept fresh. You need to secure the warehouse and staff it, keep it climate controlled and maintain power to it. It is necessary to keep track of breakage and make sure everything stays organized enough for you to actually find inventory when you need it.

How Can a Warehouse Inventory Management System Help?
Most of the tasks that go into managing a warehouse can be done more easily and efficiently with a software-based system. Inventory can be scanned as it’s coming in and going out. The computer can generate alerts when a particular item gets too low or give you a warning when you try to order something that you are already overstocked on. You could even use a system to fully automate the ordering process for you. A system could help with pricing and rotating stock. A system could help you to manage staff more efficiently and even help with dock management for shipping and receiving. When you run multiple warehouses, the system becomes even more valuable, allowing you to synchronize ordering and shipping across different warehouses and even pulling product from one warehouse to compensate for another shortage in another.

You need your warehouse to run smoothly to keep your business successful.

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