Warehouse Management System
Put Away
Put away in WMS (Warehouse Management System) refers to the process of storing and organizing newly received inventory in a warehouse. This process involves identifying and allocating an appropriate storage location for each item, and updating the WMS with the new inventory information. The goal of put away is to efficiently store and track inventory within the warehouse to optimize space utilization and enable easy retrieval of items when needed.
Pick List
A pick list in WMS (Warehouse Management System) is a document or system-generated list that specifies the items to be retrieved from storage and prepared for shipment to a customer. It typically includes information such as item number, quantity, and location within the warehouse. Pick lists are used to streamline the picking and packing process, minimize errors, and ensure that the correct items are shipped to the customer. The information on the pick list is used by pickers to locate the items in the warehouse and gather them for shipment. The pick list is updated in the WMS as items are retrieved, so the system can keep track of inventory levels and the status of each order.
Goods Issue
Goods Issue in WMS (Warehouse Management System) refers to the process of physically removing goods from a warehouse and recording the transaction in the WMS. This process is typically initiated when items are shipped to a customer, but can also occur for other reasons such as transfer to another warehouse or return to vendor. The goods issue process involves verifying the accuracy of the items to be removed, updating the WMS with the reduction in inventory, and preparing the goods for shipment. The goal of goods issue is to accurately track inventory levels, ensure that the correct items are being shipped, and prevent errors in the shipment process.
Stock Transfer
Stock Transfer in WMS (Warehouse Management System) refers to the process of physically moving inventory from one warehouse location to another within an organization. This process involves updating the WMS to reflect the change in inventory location and quantity, and physically transporting the goods from one location to the other. The goal of stock transfer is to efficiently manage inventory levels and optimize space utilization across multiple warehouse locations. The stock transfer process helps organizations to better manage their supply chain and reduce the risk of stockouts at any one location. The stock transfer process can be triggered by factors such as demand fluctuations, seasonal changes, or changes in production processes.
Stock Adjustment
Stock Adjustment in WMS (Warehouse Management System) refers to the process of modifying the recorded quantity of an item in the WMS to reflect physical changes in the warehouse. This can occur due to discrepancies between the physical inventory count and the recorded inventory in the WMS, or for other reasons such as damage, theft, or obsolescence. The stock adjustment process involves updating the WMS to reflect the change in quantity, and may also involve physically moving items within the warehouse. The goal of stock adjustment is to accurately reflect the current physical inventory levels and maintain the accuracy of the WMS inventory records. Stock adjustments are important to ensure that inventory levels are accurately reported and that stockouts or overstocks are prevented.
FIFO based Transactions
FIFO (First-In-First-Out) based transactions in WMS (Warehouse Management System) refer to the process of handling inventory movements based on the principle of the oldest inventory being used or sold first. In a FIFO based WMS, transactions such as pick, put away, and goods issue are managed such that the oldest items in the warehouse are retrieved or shipped first. This helps to minimize the risk of inventory obsolescence and ensure that perishable or time-sensitive items are sold or used before they expire. The FIFO principle can be applied to inventory stored in bulk or in individual containers, and is particularly useful for managing food, pharmaceuticals, and other perishable items. By using FIFO, organizations can improve inventory accuracy, reduce waste, and improve supply chain efficiency.
Mobile Handheld based Scanning
Mobile based scanning in WMS (Warehouse Management System) refers to the use of mobile devices such as smartphones or handheld scanners to perform warehouse management tasks. Mobile scanning is used to streamline processes such as receiving, put away, picking, packing, and shipping by allowing workers to quickly and accurately capture information about inventory movements. The mobile devices are equipped with barcode scanning capabilities, which enable workers to scan barcodes on products, shipping labels, or other inventory-related items to record inventory movements in the WMS. The use of mobile scanning helps to improve accuracy and efficiency in warehouse operations and allows workers to access real-time inventory information while on the move. Mobile scanning is a key component of many modern WMS solutions and can help organizations to better manage their inventory and optimize their supply chain operations.
Live Monitoring
Live Monitoring in WMS (Warehouse Management System) refers to the ability to view and track real-time data and events within a warehouse. This feature allows managers and other stakeholders to monitor and track inventory movements, worker activities, and other critical operations in near real-time. Live monitoring can be performed through a web interface, mobile app, or other software tools, and provides real-time updates on critical metrics such as inventory levels, order status, and worker productivity. The goal of live monitoring is to improve visibility and control over warehouse operations, and to help organizations make more informed decisions about inventory management, worker productivity, and other aspects of their supply chain. With live monitoring, organizations can respond quickly to changes in inventory levels, order status, and other events, and make real-time adjustments to improve overall efficiency and performance.
