An analysis of why a state-of-the-art warehouse management system (WHS) is critical to the operation of a modern warehouse.
Written in 2008; 1,035 words; 2 sources; APA; $ 36.95
Paper Summary:
The paper discusses that the integral role of warehouse management in the overall supply chain of any organization makes the optimal performance critical for any company to achieve business objectives. The paper confirms that warehouse management systems (WMS) must optimize incoming inventory and outgoing product movement, while compensating for their physical and financial characteristics.
The paper states that companies need to be as efficient and economical as possible in managing their supply chains and warehouse planning and optimization is critical for their ability to compete globally.
From the Paper:
"While in previous generations of WMS systems, the main dynamic forcing change has been the need for controlling costs and for accounting for inventory, the state-of-the-art WMS today is being used for making an organization more capable of responding quickly and accurately to the needs of customers. This demand-driven aspect of WMS implementations is also being increasingly built on existing facilities that are being re-designed to better support optimization logic of these WMS systems. Another dynamic forcing the growth of state-of-the-art WMS systems is the need for increased visibility to all warehouse activities, including inventory and order status. With the increasingly strong level of analytics available from software vendors, many organizations are opting to create scorecards to measure the performance of their WMS systems and benchmark them over time. A side-benefit of this high level of quantification is the ability to track warehouse employee productivity over time, find those processes that need to be better managed so warehouse employees will be more efficient and overall, and cut down on the level of turnover in warehouse operations."
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