We address the essential details about logistics software, its functionalities and advantages for warehouse optimization. Learn everything you need to know about warehouse management systems.
E-commerce logistics refers to the connection between logistics for e-commerce and the digitalisation of warehouse processes to boost efficiency. E-commerce has intensified the demand for logistics solutions and programs that reduce the risk of errors and wrong deliveries.
The aim of inventory management is to facilitate the continuity of the production process and customer satisfaction. Optimal inventory management is linked to business success, as it’s the cornerstone on which the entire warehouse rests.
To digitise their logistics operations, many companies consider implementing an ERP system or a WMS. It’s advisable to choose a WMS, as it’s a program specially designed to organise warehouses.
SKU proliferation consists of increasing the number of products a company offers its customers. Adding SKUs and personalizing offerings based on customer needs is part of the nature of any business.
Stock control consists of maintaining a record of all the products stored. It can be automated via a warehouse management system, which is especially useful for companies with an extensive product catalog.
Days sales of inventory is the time a company’s products remain stored before they are dispatched. By calculating this datum, businesses can schedule replenishment times with the aim of ensuring the total availability of the goods.
Phantom inventory has become a major logistics headache, as it leads to stockouts. Stockouts prevent orders from being delivered under the conditions previously agreed upon with the customer, in addition to hindering the on-time supply of the production lines.
Inventory software lets you know the status of your company’s merchandise, including raw materials, semi-finished goods, and finished products. Mecalux features Easy WMS, a program you can use to organise, plan, and control your warehouse stock.
A perpetual inventory system is a stock management technique consisting of continuous stock counts. This system is implemented through software capable of automating control of the stock stored in the facility.
The year 2020 was marked by changes in consumer habits and logistics on account of the coronavirus pandemic. Being on top of the trends and latest technological developments for 2021 is crucial for companies that aim to grow and stand out in the market.
Implementing omnichannel software lets you connect your warehouse with your company’s different points of sale. The benefits of omnichannel software range from reducing order lead times to improving the customer shopping experience and increasing sales, to name a few.
Many companies implement eBay inventory management software to sync their online store catalogue with the stock in the storage facility. Certain warehouse management systems already incorporate this advanced function to adapt customers’ logistics systems to an omnichannel approach.
Digital twins constitute a virtual replica of an object or operation, enabling you to analyse its behaviour before implementing it in the real world. In logistics, simulation is used to prevent errors, detect improvement opportunities, and increase warehouse productivity.
Inventory control is an activity dedicated to knowing what goods are in a warehouse, where they are located, and when they will be received or dispatched. Accurate inventory control helps to know the status of the goods in detail to provide better customer service.
Predictive analytics is a tool used to predict what will occur in the warehouse in order to make better decisions. On a logistics level, predictive analytics makes it possible to anticipate demand and, thus, more accurately forecast stock.
Smart warehouses use the latest technology to increase the efficiency of all processes taking place in an installation. In this article, we analyse the technologies smart warehouses incorporate as well as how they can benefit companies.
The optimal stock level is the exact amount of stock a company needs to obtain maximum profitability while reducing logistics costs. In this post, we delve into this logistics concept, setting out the factors involved in it and the formula for calculating its numeric value.
Blockchain technology consists of interconnected computers or nodes that use a common protocol to validate information in a peer-to-peer (P2P) network. But how do supply chain logistics operations benefit from blockchain? We’ll explain it all in this post.
Smart supply chain: new technologies provide businesses with real-time information on the processes and operations taking place in their warehouses. But how can you properly analyse it to ramp up your installation’s efficiency? We’ll show you how in this post.
IIot: how will the Industrial Internet of Things affect the logistics sector? The IIoT will help to maximise profits and reduce operating costs for companies. In this post, we’ll analyse the IIoT, its applications for industry and the advantages it will bring to companies.
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