To enhance operations for optimum storage of merchandise and eventual deployment, SMEs need warehouse management tools that are tailored to their needs. A warehouse management system is integrated software that helps to streamline warehouse operations.
Why use WMS Software
Integrated WMS software can save you between 5-40 percent of inventory losses. It does so by cutting errors and increasing transaction speed. Being on top of the insights that matter to your business will help your manage incoming supplies faster and ship to your clients more efficiently.
What to look out for
Tailored to your needsis the key phrase. There are basic features to look out for when choosing warehouse management systems, but it’s an open field with options for almost every budget and skill level.
Good warehouse management software should give you up-to-date insights about inventory and the condition they are in. It should also tell you what is coming in and what is ready to be shipped out. Before employing WMS, make sure you pick one that is compatible with software you already use.
This will make it easier for you and your staff to adapt so it doesn’t disrupt your operations. You also have to decide if you need stand-alone or cloud-based software. Your WMS should be able to simplify the manual work that goes into picking, packing, moving, and tracking goods to your distributors and clients with minimal error.
What’s on the market?
For small businesses that already use accounting software like Quickbooks, it’ll be a good idea to check out QuickBooks Commerce for easy integration. Fishbowl inventory management also integrates nicely with Quickbooks. Epicor Kinetic is another great WMS software for inventory management while cloud-based Veeqo integrates inventory, warehouse operations, order management, and shipping.
There are countless options available for SMEs, so the most important feature really depends on what you need and who can easily integrate and run your most suitable WMS.
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