Why should you move from basic inventory to a warehouse management system?
An inventory management system is usually the first step companies are taking to improve stock management and pricing, increase business profitability, and improve the purchasing process. But as the company is growing and processes are becoming more complicated businesses need more complex solutions to manage that allow you to manage the entire storage system within the warehouse rather than one particular location.
Warehouse management systems provide more comprehensive features that allow you to find specific items in the warehouse while inventory management solutions only provide information that they are located somewhere in the warehouse. Additionally, the warehouse management system enables the connection of more departments like sales, customer service, and technicians, unlike inventory management.
with a modern Warehouse management system you can:
- Gain complete visibility of your warehouse operations and inventory to manage the capacity and consumption of your raw materials effectively and the movement of finished goods in real-time.
- Automate and scale your warehouse management to optimize the use of space—from simple stock rooms to distribution centers. Effectively manage materials and finished goods with configurable machine-learning-based guidance.
- Get real-time intelligence about the health of your warehouse with Power BI warehousing analytics that gives you full visibility of your inventory and receiving, picking, and shipping operations. Easily create no-code customized heatmaps of your warehouse processes.
- Improve productivity with a mobile app that you can tailor for employees and warehouses to simplify the performance of daily tasks.
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How Dynamics 365 Warehouse Management Solution Works?
Warehouse management in Dynamics 365 Supply Chain Management gives you visibility into your inventory, shipping, and receiving. You can review important data using mobile applications to create a warehouse management operation informed by better strategic decisions.
The warehouse management module lets you manage warehouse processes in manufacturing, distribution, and retail companies. The module has a wide range of features to support the warehouse facility at an optimal level, at any time. You can integrate warehouse management with other business processes such as transportation, manufacturing, quality control, purchase, transfer, sales, and returns.
With warehouse management, you can avoid running out of stock, or overstocking, through machine learning-enhanced guidance that recommends effective inventory management. You gain complete visibility of your warehouse operations and inventory, allowing you to manage capacity, the consumption of raw materials, and the movement of finished goods in real-time. You can automate and scale your warehouse management to optimize the use of space—from simple stock rooms to distribution centers. You can also manage materials and finished goods with configurable machine-learning-based guidance effectively.
You’ll get real-time intelligence about the health of your warehouse with Power BI in-depth warehousing analytics. You’ll have full visibility of your inventory and receiving, picking, and shipping operations.