Effective inventory management can bring any company an important competitive advantage. Inventory management is a very important aspect for businesses that sell physical products. Effective inventory management reduces operational costs, improves customer satisfaction and increases profitability.
To bring about an improvement in inventory management, there are a number of measures that can be applied:
- Using an inventory management software solution to view the quantity and location of each item in real time
- Implement a product labeling system for quick and accurate inventory identification
- Using forecasting methods and data analysis to predict demand and avoid overstock or understock situations
- Improving receiving, storage and distribution processes to reduce the time and cost of warehouse operations
- Implement a performance appraisal system to measure and monitor inventory management performance
If a few years ago most companies focused on inventory and tracking and managing inventory costs, these days they are much more attentive to inventory efficiency and how to improve their services at lower costs and with greater speed. NOW, there are solutions for warehouse visualization, advanced restocking algorithms, optimization of picking and packing processes, models to anticipate orders and more.
At the rate at which it is evolving, technology may become an extremely important factor in the area of inventory management. Viewed from the perspective of a company's entire supply chain, technology can have a huge impact on a business's bottom line.
Warehouse management software solutions bring increased performance and decreased costs. Order processing, inventory management, warehouse space optimization and end-to-end traceability are no longer a problem for a warehouse that has understood that investing in a modern, flexible and extensible WMS system actually means increased profitability. Some of our customers have reported 30-60% reductions in costs or operating time, 60-70% increases in order fulfillment, or up to 90% elimination of errors.
BITSoftware has one of the most extensive range of warehouse management solutions, products that are robust, scalable and adaptable to the needs, size and complexity of your business!
FluxVision WMS is one of the first cloud warehouse management solutions developed in Romania. It is a state-of-the-art WMS solution that provides automatic and complete management of all warehousing activities for an unlimited number of entities. FluxVision WMS is not only a warehouse management solution, but a flexible and extensible platform that can easily integrate with other applications useful to your organization.
The API makes it easy to synchronize the warehouse management solution in real time with third-party solutions and other devices you use within the company, and allows developers to integrate the WMS at both the database level and the application, with any third-party application or with your own application.
FluxVision WMS is natively integrated with SocrateERP, a modern, cloud-based solution that includes full financial management and reporting functionalities for companies operating in various fields. SocrateERP in the cloud is based on a modular architecture that provides increased scalability and adaptability and supports multiple servers, large data transactions, a very large number of users, to ensure the shortest possible development and implementation time. Moreover, there is no downtime and service unavailability in the cloud, as each module can be updated independently based on the concept of continuous versioning. With the help of the API, FluxVision WMS integrates with e-commerce platforms and marketplaces, offering rich functionality, flexibility and control over the content and functionalities of online stores. We are talking here mainly about real-time inventory synchronization between eCommerce and FluxVision platforms, which significantly reduces order processing time and eliminates human errors.
Integrating FluxVision WMS with express courier services via API means automatically sending the order to the courier with all the data and generating, at the same time, the transport documents (AWB) that can be forwarded to the customers.
On the hardware side, FluxVision WMS can integrate with an infinite number of devices and sensors (scales, handhelds or other flow automation devices) to allow you to take full advantage of IoT technology.
Entersoft WMS, part of the Entersoft Business Suite, enables your company to make decisions on daily operational processes, reduce complexity, optimize costs and manage resources inside and outside warehouse boundaries. Standard functionalities, along with specialized modules, suit small warehouses of medium to low complexity, while advanced features and optimized process algorithms can efficiently handle the requirements of more complex and larger warehouses. Entersoft WMS® is designed to meet the higher requirements of 3PL and 4PL companies.
The solution works on premises (at the client's premises) but also in the cloud, thus eliminating all associated costs.
The Entersoft WMS Mobile® application is fully compatible with almost any existing hardware infrastructure. It works with the latest operating systems like Android and Windows 10.
aberon is a flexible IT system for warehouse and distribution management and is the main core of Entersoft SCM 360 solutions for supply chain optimization. It is friendly, easy to use, flexible and modular so that it can be perfectly adapted to the individual needs of each customer. aberon is the ideal solution for environments of any size and complexity - from warehouses with wireless terminals, to fully automated distribution centers with pick-by-light, carousels, sorters, automatic stackers, GTP (Goods-to-person) picking systems ), and others.
aberon is a multi-language and multi-metric system and can be used to manage the entire range of activities in the warehouse in the same efficient way. It ensures continuous monitoring of the flow of information and materials at every "link" in the supply chain - from production, receiving, warehousing, order picking, loading and delivery of orders to customers.
For more details about warehouse management software solutions, request a meeting with a BITSoftware consultant and together we will find the right solution for your business!
