Scaling Up Without the Stress: How WMS Flexibility Supports Business Growth

For any business owner, growth is crucial. You might look at ways to cut extra costs, increase supply capacity and maximize revenue to create a streamlined supply chain. But growth often comes with several challenges, and some warehouses can crumble under the weight.

If you’re looking for a foolproof solution that manages all warehouse functions and offers flexibility, choose a warehouse management system (WMS). With an adaptive WMS, you can ensure efficiency at every stage and grow your business without any worries.

Wondering how to get started? Read on to learn more about how WMS flexibility supports business growth.

What Can A Warehouse Management System Do?

If you’ve used a manual warehouse system, you might wonder how wms flexibility can help with business scalability. Transitioning to a fully digital system can be difficult initially but highly beneficial in the long run.

A warehouse management system (WMS) is software that helps businesses manage their inventory and daily operations. The main goal of a WMS is to handle all day-to-day tasks while providing complete visibility over inventory levels, order statuses, product locations, and more.

warehouse managemnt

Efficiency is a vital component of a warehouse management system, and with this software, you can automate painstaking manual tasks. Ultimately, you’ll deal with fewer human errors and enjoy supply chain flexibility.

4 Business Growth Problems A WMS Can Fix

Business growth can be extremely rewarding but comes with multiple challenges that can halt this expansion.

The great thing about a warehouse management system is that it can detect these challenges, such as inventory shortages or inefficient order picking, and provide actionable steps, like suggesting clear reorder points or optimising picking routes, to avoid problems.

Let’s take a closer look at 4 common business growth problems a WMS can help you fix.

1. You Need A Single Source For All Management Needs

Warehouses are dynamic spaces with multiple stations gathering information constantly. Manual recording won’t be enough as your business grows, and you could lose momentum.

A flexible WMS is crucial here because it centralises all the data in your warehouse, allowing you to gather insights from multiple channels and handle them with one software.

This process involves collecting data from various sources, such as order management, logistics, and labour management, and consolidating it into a unified view.

With integrated analytics, you gain better visibility over your warehouse and make more informed decisions.

2. You’re Having a Hard Time Keeping Up With Order Fulfilment

Getting more orders and having a higher demand is great, but problems arise when you can’t keep up.

You need a warehouse management system to handle growing order volume. However, you must look for wms flexibility, which will grow alongside you.

Customer demand fluctuates regularly, so even if you experience extraordinarily high sales one year, it might be different next year. With that in mind, you need a WMS that makes scaling up easy, depending on your demand patterns.

Additionally, look for a WMS that can handle multichannel fulfilment. Even if you don’t have a multi-channel selling set up right now, you might need it in the future as your business grows.

3. There Are Frequent Mispicks

With high order volume, there is a significant potential for frequent mispicks. If your business has faced this issue or a similar hiccup, then it might be time to invest in a warehouse management system.

mispicks

With WMS, you’ll know exactly where to pick up the orders. You’ll also scan items to ensure they are picked up accurately. This process can reduce human errors and ensure a better customer experience, even if your business experiences significant growth.

4. You Don’t Have Enough Stock On Hand

If your brand is getting a lot of attention, the last thing you need is out-of-stock inventory. Frequent stockouts will not only turn away potential customers but also tarnish your brand’s reputation.

Investing in a warehouse management system is one of the easiest ways of maintaining optimal stock levels. With a WMS, you can check historical data to forecast customer demand. This way, you’ll know exactly how much inventory to keep to stockouts.

Additionally, you can set reorder points with a WMS, which will automatically replenish your inventory before the stock levels get too low. With all these features, you can avoid any hiccups in your daily operations.

6 Ways A WMS Can Help With Business Growth Strategies

Any growing business can leverage the benefits of technology to improve its workflow. With innovative tools, you can easily manage day-to-day operations and focus on big-picture problems easily. Here are 6 great ways an adaptive WMS enhances business growth.

1. More Visibility

Business growth can only happen if you have the resources to measure it – this is where visibility is crucial. One of the biggest benefits of using a WMS is better visibility.

With so many products to manage, you need a system that logs all information accurately and provides complete visibility. This way, you’ll know the exact quantity of your stock and its movement.

Modern WMS systems like Canary7 provide real-time data and record accurate details of all your stock, regardless of the quantity. You’ll get a bird’ s-eye view of your products and have all the necessary information to make data-driven decisions.

Such WMS systems use barcodes, RFID tags, and other tracking sensors to control stock and provide critical insights. You can use this information to prepare stock units, set reorder points and avoid long lead times.

2. Leveraging Cloud-Based Technology

A cloud-based warehouse management system offers better scalability than a traditional option. It allows you to access real-time inventory from any device, giving you remote warehouse management. You can monitor all operations 24/7 without stepping into the warehouse.

Such systems also have a higher processing capability, so delays are less likely. With this fast-moving system, orders will move through your warehouse quickly and with minimal errors.

Another great feature of cloud-based WMS is cybersecurity. Warehouse fulfilment involves a lot of sensitive customer data, so you need high-quality security measures for peace of mind. Better cybersecurity will also build customers’ trust in your business, making it an essential tool for business growth.

3. Real-Time Inventory Data

Real-time tracking is one of the most innovative and helpful tools modern warehouses can use. With real-time tracking, you’ll stay updated on your stock levels, so you never have to deal with overstocking or understocking.

In real-time inventory management, your system records every transaction instantly instead of updating the data regularly. This way, you’ll have accurate information and know what steps to take for a more efficient supply chain.

inventory data

Real-time inventory data also reacts quickly to disruptions or sudden changes that could affect your workflow. This beneficial feature allows business owners to proactively maintain their supply chain and prevent problems from popping up.

4. Automatic Reorder Points

Setting accurate reorder points is a great way to ensure you always have enough stock and avoid losing a customer.

If you don’t set up a reorder point, you could cause a significant disruption in your workflow. The great news is that you can avoid this problem by simply setting up a reorder point.

Check your historical inventory date and forecast demand for reordering. Once you have your insights, you’ll know how much to order and when. Then, use the inventory management system to create an automatic reorder point notification so you can stay on top of your stock levels.

5. Quicker Order Fulfilment

To grow your business, you need quicker order fulfilment. However, speed shouldn’t come at the cost of accuracy. This is why a warehouse management system is crucial here: it ensures a high order fulfilment rate without compromising accuracy.

With a WMS warehouse, workers can complete a client’s order quickly and ship the items out faster. A WMS lets you generate a picking list with the customer’s order number, dates, SKUs and the location.

 

Team members can use this list to carefully track each other to ensure it is delivered on time. You can also provide real-time information to customers so they’re always in the loop.

6. Optimised Use of Space

To run a successful warehouse, you need to optimize your space.

Your WMS software will analyze the available space to tell you the best techniques for keeping stock and minimizing waste. These techniques can help you create designated spots for product categories and accessible pathways for picking.

Ultimately, you’ll have quicker placement and retrieval, making a smooth workflow environment. All these features will help you reduce operating expenses so you can allocate funds where they matter.

Make Scaling Up Stress-free with Canary7’s WMS

If you’re looking for a WMS that will help you grow your business, choose Canary7.

Our adaptive WMS is designed to support excellent business growth while creating streamlined operations. Additionally, You’ll get a birds-eye view of all operations and better inventory control.

We want to make logistics management more manageable for you so you can focus on business expansion. Our wide range of tools will handle everything from daily tasks to big-picture projects to ensure everything runs smoothly. Some helpful features of Canary7 include:

  • 360° view of all operation
  • User-friendly interface
  • Stock rotation capabilities
  • Multiple software integrations
  • Simplified labour management and more.

With accurate forecasting, scalable design, and a fully responsive interface, you’ll have everything you need for efficient warehouse management.

So get in touch today to level up your warehouse with Canary7!

Mishal Khan

Mishal Khan

Author

UPDATED ON: 21st May 2024

Mishal is a dedicated copywriter and content writer with experience across various niches. Currently, Mishal is focused on writing guides and other compelling blogs on warehouse management, logistics and more, crafting engaging and informative content to help businesses understand and master their supply chain. Passionate about delivering quality content, Mishal aims to make complex topics accessible and enjoyable for all readers.

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