Many organizations have hidden value in their supply chain operations. Read on to discover the secret possibilities of your warehouse management systems.
WMS Inventory Management has evolved from the standard “boxes in-boxes out” mentality to encompass a high degree of technicality and precision. With advancements in systems technologies and warehouse automation, it is now possible to reach a world-class degree of accuracy in the fulfillment process itself.
The modern WMS is at the heart of this, providing order management, inventory control, purchase order processing, inbound receipts, customer order fulfillment, carrier integrations, conveyor routing, and beyond. However, most WMS’s are capable of much more than the rudimentary functions. If you’re strategizing ways to improve your services, consider the untapped functionalities already at your fingertips within your WMS Inventory Management.
Uncovering opportunities within your WMS Inventory Management can start with a quick check of existing processes for ways to enhance the customer experience. From there, ideas will grow.
Most WMS can be set up for the following functionality:
Adding Value for eCommerce – Direct to Consumer Sales:
- Automated Email Communications – Send status updates and tracking info to your customers
- Accurate Real-Time Inventory for eCommerce Sites – Enhance the customer experience with fewer backorders
- Product Customizations & Alterations – Offer revenue stream boosts through VAS (Value Added Service)
- Gift Processing: Make it easy to send gifts with wrapping, gift cards, and drop shipping
- Package Inserts: Catalogues, coupons – Use the WM to initiate and track the current printed marketing material so that it’s packed into outbound shipments
Adding Value for Retail/Wholesale:
- Product Quality Audit & Vendor Analysis – Track and report on inventory and services from vendors to provide data for coaching and compliance
- Labels, Hangtags, Folding, & Hangers – Offer a suite of services which make it easier for the customer to take the inventory straight from the box to the display rack
- Kitting/Packaging Updates – Manage kit assembly and repackaging projects
- Assortments/Prepacks – Miscellaneous product grouping, size and color assortments
- Special Store & Event Displays – Provide inventory staging and assembly of marketing displays
We now have opportunities to curate a real and meaningful customer experience via real-time communications, honest interactions, and useful delivery data. All this is accomplished by simply tapping into the power of your WMS and the data which resides there. Talk to Katalyst Software Services Limited today to discover the hidden potential in your WMS Inventory Management.
