CTP has delivered a warehouse of almost 10,000 sqm in CTPark Bucharest North for the online liquor retailer FineStore
Warehouse Management Software, WMS, Warehousing Software, Warehouse Systems
A critical element within the wider supply chain, a warehouse management system (WMS) helps to manage the storage and distribution of goods within a warehouse or distribution centre (DC). The software stores and provides information on goods transactions such as receiving, putaway and picking and shipping, often based on real-time information related to bin utilisation. A WMS system also often incorporates the use of Auto Identification & Data Capture (AIDC) devices or systems – including barcode scanners, mobile computers, wireless LANs or Radio-frequency identification (RFID) – to help to optimise the efficient stocking and distribution of goods.
Rhenus opens the first sustainable warehouse at its business site in Wesel
Aug 22, 2023
Rhenus Warehousing Solutions celebrated the opening of its first new multi- user warehouse in Wesel recently.
Conveyor Systems Ltd invests in new-build highly sustainable HQ
Aug 22, 2023
Automation and e-commerce specialist Conveyor Systems Ltd (CSL) has finalised its relocation to a new, purpose-built headquarters as part of a seven-figure investment in the company’s eco-friendly future.
Zofri chooses Infor WMS as its Warehouse Management System
Aug 21, 2023
Infor has announced that Zofri, Zona Franca de Iquique will implement Infor's WMS (warehouse management system) to improve customer service, one of the most important performance indicators in the supply chain.
Trew growth investment
Aug 21, 2023
Trew, LLC has received investment from American Industrial Partners (AIP) and Redwood Technology Ventures to grow its capabilities and capacity.
New FedEx Express facility In Kielce connects local Businesses with the world
Aug 15, 2023
FedEx Express, a subsidiary of FedEx Corp, has opened a new warehouse and office facility in Kielce, Poland, equipped with a new state-of-the-art sorter and strategically located to support businesses with their domestic and international expansion.
What’s best, a complete or phased approach to Warehouse automation?
Aug 14, 2023
With labour hard to find and performance at peak under scrutiny, businesses may be tempted to opt for a complete, turnkey warehouse automation project to solve all their problems in one move. But might a stepped approach make more sense? Dan Migliozzi, Head of Sales at independent systems integrator, Invar Group, considers the options.
DF Capital appoints Garry Frew as chief commercial officer
Aug 09, 2023
DF Capital, the specialist commercial lending bank supporting dealers and manufacturers, has appointed Garry Frew as chief commercial officer.
Logicor’s Kennetside Industrial Estate reaches 100% occupancy with latest leasing.
Aug 07, 2023
Logicor’s Kennetside Industrial Estate, Newbury, has reached 100% occupancy following the latest deals with food manufacturer Atkins & Potts and IT solutions specialists, TrellisWorks.
Dematic finalises installation of two AutoStore systems at Weiss Technik in Germany
Aug 02, 2023
Dematic has completed the installation at two Weiss Technik sites of stand-alone AutoStore systems and the commissioning phases have also recently been completed.
Warehouse Management System
A warehouse is a commercial building used for the storage of goods and are usually cited in industrial areas. Warehouses are used by manufacturers, logistics companies, distributors, transport, freight forwarders, importers, exporters, wholesalers, etc. Warehouses usually have loading bays and docks and serve as a distribution centre for the loading and unloading of goods from trucks. Sometimes warehouses are designed for storage and despatch of goods directly from railways, airports or seaports.
A warehouse management system, or WMS, is a key part of the supply chain and primarily aims to control the movement and storage of materials within a warehouse and then organise and process all of the associated transactions such as shipping, receiving, put-away and picking. The systems also direct and optimise stock put-away based on real-time information about the status of bin utilisation. A WMS can be used by manufacturers in their own warehousing facilities or a logistics company (3Pl /4Pl) operating contracts for a number of clients and retailers.
Warehouses are an integral link in the modern supply chain, ensuring that the correct product is stored efficiently,delivered in the right quantity, in good condition, at the required time, and at minimal cost. It performs an integral role in managing goods movement and information exchange between manufacturers, distributors and retailers.
A good Warehouse Management System (WMS) manages all types of warehouse operations efficiently and effectively. It also enhances inventory management by increasing accuracy, improving order fulfilment and reducing order cycle time. Receiving and shipping are streamlined as well to facilitate cross-docking and expedite back-ordered products.
A WMS can automate picking, packing and shipping and it will minimise the number of moves per order. The WMS can improve the accuracy of every order, reduce safety stock, manage tasks and improve processes. An efficient WMS can consolidate orders to reduce transportation and shipping costs. Data is collected within the warehouse environment by data-capture technology such as barcode scanners, mobile computers, wireless LANs and Radio-frequency identification (RFID).
This information is then fed into a central WMS database to provide a real-time update on the overall inventory and specific SKU levels in the warehouse (stock keeping units). This information is then used to replenish the stock levels to ensure that there is sufficient flow of products. Once data has been collected, there is either a batch synchronization with, or a real-time wireless transmission to a central database. The database can then provide useful reports about the status of goods in the warehouse.
Bonded warehouses are specifically used as a secure holding or storage facility before duty is paid. Upon entry of goods into the warehouse, the importer and warehouse owner incur liability under a bond. Goods can be stored and held in a secure environment for a number of years before either being shipped on or released for distribution when the duty must then be paid.
