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28 May 2024
Top warehouse management systems: which for my business?
The incorporation of warehouse management systems is essential in today's business world, due to factors such as the increasing competitiveness of the market and the increasingly demanding demands of customers and suppliers, which cannot be met with traditional methods. That's why today we're going to explore the features that leading warehouse management systems should have and which system you should choose.
Top warehouse management systems led by ERPs
ERPs (enterprise resource management systems) are tools that integrate and automate various business processes, applying advanced technologies and functionalities to optimize processes and improve efficiency. Our experience, after several decades in the field of software consulting, leads us to affirm that, if you are looking for a leading warehouse management system, it is best to opt for an ERP.
Market-leading ERPs cover all areas of the business, including warehouse management. Although they are not exclusively specialized in this area, if we choose a robust software such as SAP Business One, we will have all the necessary functionalities, as well as the advantages of a unified vision that integrates all the information from warehouse operations with the rest of the business areas. This allows us to gain objective, real-time knowledge of the status of our company as a whole.
However, it is important to note that many ERPs offer basic tools for warehouse management. For this reason, and due to the benefits they also bring in the rest of the areas, it is essential to opt for leading ERPs such as SAP Business One.
Below, we'll explain the reasons why SAP Business One is a powerful tool for warehouse management.
SAP Business One capabilities in warehouse management
Automation and traceability for inventory optimization
SAP Business One has tools that minimize repetitive tasks and errors by automating and simplifying many processes, optimizing them based on accurate data. Automation is present in tasks such as inventory inputs and outputs, purchasing, sales, and replenishment, among others.
It also allows complete and real-time traceability of products and any movement in inventory, keeping stock levels under control at all times. Tracking can be done through batches or serial numbers. This aspect is particularly useful in industries such as food or pharmaceuticals, which require such monitoring for reasons of safety, expiration dates, regulatory compliance, and quality, among others.
Advanced Analytics
All the data collected by SAP Business One from the warehouse and other areas is processed and analysed to extract useful information for decision-making. It analyzes both movements and operational efficiency, costs, supplier performance and picking and packing processes.
All information is presented visually and intuitively in dashboards that are highly customizable according to the requirements of the warehouse. These charts allow you not only to check the real-time status of the warehouse, but also to detect opportunities, areas for improvement and even make predictions about stock needs based on historical data.
Preparation & Packaging Manager
The picking and packing manager is one of the key capabilities that make SAP Business One a leader in top warehouse management systems. This functionality ensures that orders are prepared and shipped optimally, automating picking, validating and packaging products thoroughly, as well as automatically generating the necessary documentation.
This functionality integrates with inventory management tools to have the real-time status of the warehouse, thus contributing to the real-time control mentioned above.
Application of methodologies such as FIFO or LIFO
The FIFO (First In, First Out) and LIFO (Last In, First Out) methodologies are widely used in business warehouses that, due to aspects such as sales volume or expiry date, require products to leave the warehouse in a certain way. SAP has taken this fact into account, and because of this, the software configurations are so flexible that they can be adapted to these and many other methodologies.
Integration of ERP with other areas
As mentioned above, one of the advantages of acquiring SAP Business One as a warehouse management system is that it integrates all areas of the company into a single system, allowing for a seamless integration of information. This advantage is especially evident in areas directly related to the warehouse, such as purchasing and sales.
The integration of this ERP allows for an optimal flow of information, so that, for example, every time a purchase or sale is made, the inventory is automatically updated and vice versa. In addition, it checks inventory availability and issues a purchase order if stock levels are lower than required.
For those who have production processes as part of their activity, the scalability of SAP Business One allows the Material Requirements Planner (MRP) to be added to the system, which also integrates with the warehouse management module. In this way, by being connected to the warehouse, it is ensured that the stock of production materials is always in optimal conditions, avoiding overstock or inventory shortages.
Next Steps for SAP Business One Implementation
Now that you know why SAP Business One is one of the top warehouse management systems, it's time to choose the right technology partner for your implementation. At SEIDOR, we are one of the best SAP providers, experts in the implementation of SAP Business One and in adapting its functionalities to the warehouse management needs of numerous companies in the sector. Contact us if you would like to learn more about the product and how it can benefit your business.
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