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The data is then used throughout the system to track inventory through the progression of warehouse processes.\r\n<p class=\"align-center\"><span style=\"font-weight: bold; \">Types of warehouse management systems</span></p>\r\n<p class=\"align-left\">WMS come in a variety of types and implementation methods, and the type typically depends on the size and nature of the organization. They can be <span style=\"font-weight: bold; \">stand-alone systems</span> or <span style=\"font-weight: bold; \">modules </span>in a larger enterprise resource planning (ERP) system or supply chain execution suite.</p>\r\n<p class=\"align-left\">They can also <span style=\"font-weight: bold; \">vary</span> widely <span style=\"font-weight: bold; \">in complexity.</span> Some small organizations may use a simple series of hard copy documents or spreadsheet files, but most larger organizations - from small to medium-sized businesses to enterprise companies - use complex and smart warehouse system. Some warehouse management solutions are designed specifically for the size of the organization, and many vendors have versions of WMS products that can scale to different organizational sizes. Some organizations build their own warehouse software from scratch, but it's more common to implement a WMS from an established vendor.</p>\r\n<p class=\"align-left\">A WMS can also be designed or configured for the <span style=\"font-weight: bold; \">organization's specific requirements</span>; for example, an e-commerce vendor might use a WMS that has different functions than a brick-and-mortar retailer. Additionally, an enterprise WMS may also be designed or configured specifically for the types of goods the organization sells; for example, a sporting goods retailer would have different requirements than a grocery chain.</p>\r\n<p class=\"align-left\">&nbsp;</p>","materialsDescription":"<h1 class=\"align-center\">How does using a Warehouse Management System help a business be more competitive?</h1>\r\nToday, businesses across the supply chain use warehouses to store goods on their way to customers.&nbsp; Whether the goods are destined for consumers, retailers, manufacturers or other business entities, it is important that whatever goods are ordered, shipped and delivered are processed properly, quickly, reliably and accurately.\r\nThe speed at which operational processes are performed, whether in a fulfillment center, third party logistics warehouse or distribution center is often a critical factor.&nbsp; \r\nUsing a WMS products that is appropriate for the needs of your operation can help you optimize operational processes for greater efficiency, enhance labor productivity, provide valuable insight into your operation and enable you to compete for, win and retain clients.\r\nHere are some other reasons why using a management warehouse system gives your business a competitive edge:\r\n<ul><li><span style=\"font-weight: bold; \">Enables stringent inventory management and inventory control capabilities.</span></li></ul>\r\n Helps ensure optimal handling, storage, processing and tracking of inventory. Increased operational efficiency helps keep costs and errors down, critical in attracting and retaining clients.\r\n<ul><li><span style=\"font-weight: bold; \">Real time information visibility.</span></li></ul>\r\nThese days, data is seamlessly transmitted across the warehouse and along the supply chain.&nbsp; Using warehouse software solutions with automated data collection such as barcode scanners, mobile computers or RFID enables the capture and use of vital information for quick decision making and planning.\r\n<ul><li><span style=\"font-weight: bold; \">Automated operations reduce errors, wasted time and inefficiency from manual operations and workarounds.</span></li></ul>\r\nMany warehousing management solutions are now workflow-based or workflow-driven.&nbsp; This means that the WMS can automate the execution of work, step-by-step to ensure greater accuracy.&nbsp; Not only is this important for efficiency and error reduction but also for ensuring that quality control and quality assurance processes are carried out in conjunction with established SOPs.&nbsp; This can prove especially critical when dealing with temperature-sensitive products, fragile inventory and perishable goods.\r\n<ul><li><span style=\"font-weight: bold; \">Speed, agility and reliability of warehouse operations.</span></li></ul>\r\nSpeed and agility are critical factors in warehouse operations and provide keen competitive advantage, especially if you are competing against a rival that is still using a legacy WMS or no system at all.&nbsp; A cutting-edge warehouse management software solutions make use of data to plan, execute and report on operations reliably, quickly and efficiently and can adapt to changing business conditions.\r\n<ul><li><span style=\"font-weight: bold; \">Enhanced workforce productivity, essential to daily operations.</span></li></ul>\r\nUsing a WMS helps provide your business with key metrics to use to properly manage, train and engage with your workforce.&nbsp; Getting the most work done in less time with fewer errors means that there will be less work done researching and correcting errors and billing.&nbsp; This lowers the burden on customer service representatives so that they can focus on providing top quality support.<br /><br />","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/WMS_-_Warehouse_Management_System.png"},{"id":349,"title":"Inventory Management","alias":"inventory-management","description":" Inventory management is a complex process, particularly for larger organizations, but the basics are essentially the same regardless of the organization's size or type. In inventory management, goods are delivered into the receiving area of a warehouse in the form of raw materials or components and are put into stock areas or shelves.\r\nCompared to larger organizations with more physical space, in smaller companies, the goods may go directly to the stock area instead of a receiving location, and if the business is a wholesale distributor, the goods may be finished products rather than raw materials or components. The goods are then pulled from the stock areas and moved to production facilities where they are made into finished goods. The finished goods may be returned to stock areas where they are held prior to shipment, or they may be shipped directly to customers.\r\nInventory management uses a variety of data to keep track of the goods as they move through the process, including lot numbers, serial numbers, cost of goods, the quantity of goods and the dates when they move through the process.<br /><br />","materialsDescription":" <span style=\"font-weight: bold;\">What Is Inventory Management?</span>\r\nInventory management refers to the process of ordering, storing, and using a company's inventory. These include the management of raw materials, components, and finished products, as well as warehousing and processing such items.\r\nFor companies with complex supply chains and manufacturing processes, balancing the risks of inventory gluts and shortages is especially difficult. To achieve these balances, firms have developed two major methods for inventory management: just-in-time and materials requirement planning: just-in-time (JIT) and materials requirement planning (MRP).\r\n<span style=\"font-weight: bold;\">How does Inventory Management work?</span>\r\nA company's inventory is one of its most valuable assets. In retail, manufacturing, food service, and other inventory-intensive sectors, a company's inputs and finished products are the core of its business. A shortage of inventory when and where it's needed can be extremely detrimental.\r\nAt the same time, inventory can be thought of as a liability (if not in an accounting sense). A large inventory carries the risk of spoilage, theft, damage, or shifts in demand. Inventory must be insured, and if it is not sold in time it may have to be disposed of at clearance prices—or simply destroyed.\r\nFor these reasons, inventory management is important for businesses of any size. Knowing when to restock certain items, what amounts to purchase or produce, what price to pay—as well as when to sell and at what price—can easily become complex decisions. Small businesses will often keep track of stock manually and determine the reorder points and quantities using Excel formulas. Larger businesses will use specialized enterprise resource planning (ERP) software. The largest corporations use highly customized software as a service (SaaS) applications.\r\nAppropriate inventory management strategies vary depending on the industry. An oil depot is able to store large amounts of inventory for extended periods of time, allowing it to wait for demand to pick up. While storing oil is expensive and risky—a fire in the UK in 2005 led to millions of pounds in damage and fines—there is no risk that the inventory will spoil or go out of style. For businesses dealing in perishable goods or products for which demand is extremely time-sensitive—2019 calendars or fast-fashion items, for example—sitting on inventory is not an option, and misjudging the timing or quantities of orders can be costly.\r\n<span style=\"font-weight: bold;\">What are Inventory Management methods?</span>\r\nDepending on the type of business or product being analyzed, a company will use various inventory management methods. Some of these management methods include just-in-time (JIT) manufacturing, materials requirement planning (MRP), economic order quantity (EOQ), and days sales of inventory (DSI).\r\n<ul><li>Just-in-Time Management</li><li>Materials Requirement Planning</li><li>Economic Order Quantity</li><li>Days Sales of Inventory</li><li>Qualitative Analysis of Inventory</li></ul>","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Inventory_Management.png"}],"characteristics":[],"concurentProducts":[{"id":1591,"logoURL":"https://old.roi4cio.com/fileadmin/user_upload/CargoWise.jpg","logo":true,"scheme":false,"title":"CargoWise","vendorVerified":0,"rating":"1.00","implementationsCount":0,"suppliersCount":0,"supplierPartnersCount":0,"alias":"cargowise","companyTitle":"RBC Group","companyTypes":["supplier","vendor"],"companyId":1632,"companyAlias":"rbc-group","description":"The Single-Platform Solution That Puts Productivity at the Center of the Supply Chain\r\nCargoWise One is a single-platform software solution designed to increase your productivity and improve integration, automation, and communication with the supply chain. It integrates your business with your customers and partners, streamlining processes and increasing the efficiency, visibility, and profitability of your operations.\r\nCargoWise One meets the diverse needs of a diverse industry. From growing supply chain providers to multinational corporations, its highly flexible and feature-rich system boosts productivity in everything you do. Whatever sector of the logistics industry your business serves, CargoWise One is the smart solution for success.\r\nWith CargoWise One, you gain seamless supply chain operations and the competitive advantage.\r\n<span style=\"font-weight: bold;\">Powerful Productivity</span>\r\nCargoWise One puts productivity at the center of everything you do. Its single-platform system gives you the high levels of automation and visibility you need to streamline processes throughout your business. Because of its cloud-based capability, key in your data just once and it becomes instantly accessible across your worldwide operations, reducing your margin of error and the need for labor-intense workflows. For performance-driven businesses in need of enhancing productivity, CargoWise One presents an efficient solution for simplifying the supply chain.\r\n<span style=\"font-weight: bold;\">Industry-Wide Functionality</span>\r\nCargoWise One’s next-generation technology gives you broad functional capabilities and industry-wide applications that allow you to maximize your operations on the global stage. With a complete suite of integrated ERP applications, it meets the horizontal and vertical demands of the logistics industry. Its functions scale to individual business demands, providing the breadth and depth of major multinationals as well as the simplicity of small business operations. CargoWise One’s highly modular system allows you to choose the specific applications your business needs while giving you the access to facilitate future developments.\r\n<span style=\"font-weight: bold;\">Deep-Seated Integration</span>\r\nCargoWise One provides you with comprehensive vertical and horizontal integration, both inside and outside of the application. It allows you to integrate your business with the supply chain’s key vertical markets as well integrating your own processes across your global operations. You also benefit from CargoWise One’s tightly integrated horizontal modules - everything from accounting, to document management, and more - and an eCommerce solution that seamlessly manages your sales and CRM services.\r\n<span style=\"font-weight: bold;\">Cross-Border Compliance</span>\r\nCargoWise One offers compliance capabilities that lets you focus on business, not borders. It provides the tools to achieve quicker, simpler, more efficient customs clearance as well as greater visibility between you, your partners, customers, and customs authorities. With access to integrated online tariff classification tools and to the network of WiseTech Global Partners who can help you navigate the increasing number of regional regulations, CargoWise One ensures full compliance with customs requirements across the world's leading markets.\r\n<span style=\"font-weight: bold;\">True Global Reach</span>\r\nCargoWise One forms an integral link in the global supply chain, connecting you to businesses across the world. With over 150,000 licenses held across 7,000 sites in 115 countries, CargoWise One customers are able to facilitate business through an ever-growing community of logistics providers. With interfaces to external parties, customers, and other industry providers, CargoWise One puts your global connections within easy reach.\r\n<span style=\"font-weight: bold;\">Solutions for a More Secure Supply Chain</span>\r\nIn an era of heightened security concerns, CargoWise One safeguards your data. Its cloud-based system stores your valuable data offsite and online, granting you remote global access 24/7. Digital document storage and retrieval is built into every part of process, enabling all documents to be saved, organized, and accessed on screen as changes are made for seamless business continuity and disaster recovery.\r\n<span style=\"font-weight: bold;\">Seamless Implementation and Continued Support</span>\r\nWith CargoWise One, you gain a comprehensive suite of support services delivered through our exclusive WiseAdvantage program. The tools, knowledge, and services you need to get the most out of your technology investment are included as part of your CargoWise One solution. All support materials have been localized to meet your specific needs through our carefully selected global partner program.","shortDescription":"CargoWise One is a single-platform software solution designed to increase your productivity and improve integration, automation, and communication with the supply chain. ","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":3,"sellingCount":8,"discontinued":0,"rebateForPoc":0,"rebate":0,"seo":{"title":"CargoWise","keywords":"","description":"The Single-Platform Solution That Puts Productivity at the Center of the Supply Chain\r\nCargoWise One is a single-platform software solution designed to increase your productivity and improve integration, automation, and communication with the supply chain. 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It ","og:image":"https://old.roi4cio.com/fileadmin/user_upload/CargoWise.jpg"},"eventUrl":"","translationId":1592,"dealDetails":null,"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":75,"title":"ERP - Enterprise Resource Planning","alias":"erp-enterprise-resource-planning","description":"<span style=\"font-weight: bold; \">Enterprise resource planning (ERP)</span> is the integrated management of main business processes, often in real-time and mediated by software and technology.\r\nEnterprise resource planning system is usually referred to as a category of business management software — typically a suite of integrated applications—that an organization can use to collect, store, manage, and interpret data from these many business activities.\r\nERP provides an integrated and continuously updated view of core business processes using common databases maintained by a database management system. \r\nEnterprise resource planning solutions track business resources— cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system share data across various departments (manufacturing, purchasing, sales, accounting, etc.) that provide the data. \r\n<p class=\"align-left\">ERP facilitates information flow between all business functions and manages connections to outside stakeholders.</p>\r\n<p class=\"align-left\">You can think of an enterprise resource planning system as the glue that binds together the different computer systems for a large organization. Without an ERP application, each department would have its own system optimized for that division's particular tasks. With ERP software, each department still has its own system, but all of the systems can be accessed through one application with one interface.</p>\r\n<p class=\"align-left\">ERP applications also allows the different departments to communicate and share information more easily with the rest of the company. It collects information about the activity and state of different divisions, making this information available to other parts, where it can be used productively.</p>\r\n<p class=\"align-center\"><span style=\"font-weight: bold;\">ERP systems typically include the following characteristics:</span></p>\r\n<ul><li>An integrated system</li><li>Operates in (or near) real time</li><li>A common database that supports all the applications</li><li>A consistent look and feel across modules</li><li>Installation of the system with elaborate application/data integration by the Information Technology (IT) department, provided the implementation is not done in small steps</li><li>Deployment options include: on-premises, cloud hosted, or SaaS</li></ul>\r\n<p class=\"align-left\">Enterprise resource planning programs have traditionally been used by the big players in the market that have thousands of employees spread out over the world. However, software developers are now marketing business ERP solutions to small- and medium-sized companies. </p>\r\n<p class=\"align-left\">There are different types of ERP software ranging from industry-specific ERP solutions to web-based, or cloud ERP software; to small business ERP.<br />The type of ERP system that will work best for your business depends on the size of your organization and the functions of the ERP solution that can best support your business requirements.</p>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Industry Specific ERP.</span> ERP systems for large corporations are often built from the ground up to suit the organization's specific and unique needs. For a small business like yours, an off-the-shelf model will work fine. Most are grouped into three categories to service manufacturing, finance or logistics based companies.</p>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">Web-Based ERP system.</span> ERP software services tend to be complex, requiring high-end computers to run them. However, instead of purchasing the software to run on your computer in your office, many suppliers offer Software as a Service, or SaaS. In this case, you pay a subscription to access the software and your data over the internet. Because the program is running on a remote server, you are free to access it from anywhere you have an Internet connection.</p>\r\n<p class=\"align-left\"><span style=\"font-weight: bold; \">ERP software for small business.</span> Although ERP systems can cover everything from supply chain management to accounting solutions as well as customer relations management, your business may not need to automate all these functions. Therefore, software developers offer scaled-down models at a lower, more cost-effective price. For instance, your operation may work fine with a system that offers sales and order management, but leaves out the module for warehouse management.<br /><br /><br /><br /><br /></p>","materialsDescription":"<h1 class=\"align-center\"> <span style=\"font-weight: normal;\">What does an ERP do?</span></h1>\r\nThe purpose of an ERP management system is to improve efficiency (and thereby profitability) through improving how company resources are spent, whether those resources be time, money, staff or something else.<br />If you can reduce how many resources are being used, without sacrificing quality/performance, then you can grow your business more efficiently and appropriately.\r\nERP software combines a number of different reports and metrics across various departments into the same environment. This makes it easier to get a full view of what’s going on and how resources are being spent.<br />From this vantage point of the business, you can discover key insights into how processes might be improved or resources better spent to generate higher growth. \r\nWithout an ERP system and proper planning of how resources should be spent to maximize growth and the bottom line, it is much easier to invest resources in tactics that underperform.\r\nConversely, a great ERP software platform allows a business to allocate resources away from underperforming tactics and into those that are generating good returns.\r\n<p class=\"align-left\">An ERP system also makes it faster to find the information or report you’re after because everything is in the same place. You don’t have to search through spreadsheets or look through different business applications to find that kernel of data you need; it’s all available and accessible right from the ERP interface.</p>\r\n<header><h1 class=\"align-center\"><span style=\"font-weight: normal;\">What are the different features of ERP software?</span></h1>\r\n<p class=\"align-center\"></p></header>\r\nERP software can differ depending on the package you purchase and the provider. That being said, there are some key features that you should look for when researching ERP software providers. Your software should, at the bare minimum, offer the following modules:\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Accounting:</span> Manage all of your financial reports in the same interface, such as purchase orders, expenses, sales reports, payroll, etc. This makes it easier to monitor your cash flow and revenue and determines how money might be better spent or how you can reduce your burn rate.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Inventory and warehousing</span>: If your business has inventory or warehouse processes, your ERP business software needs to be able to integrate those operations to better track and manage goods. This makes it easier to see how much inventory is available, what inventory is going out for delivery, what inventory is coming in from which vendors and more. Carefully monitoring and tracking these processes helps protect a business from running out of stock, mismanaging a delivery and other potential issues.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">eCommerce and web</span>: It’s essential for a business to be able to see the eCommerce side of their business separate from physical, retail sales. After all, the tactics you leverage to encourage online sales are different than the ones you use for your physical stores. An excellent ERP system will enhance your existing web offerings to include better purchase options for customers to choose from.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Human resources</span>: As much as a business strives to keep customers happy and retained, it is equally important that your employees remain happy as well. The HR module of your ERP system contains all of the employee management processes, including payroll expenses, recruitment, performance evaluations, attendance, scheduling and more. It’s a one-stop module for all employee management and communication efforts.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">CRM and marketing</span>: Your brand-customer relationships are ultimately going to drive repeat business. It’s important to know how effectively your marketing tactics are working at engaging and re-engaging customers, whether those tactics are email marketing campaigns, social media offers, surveys, follow-up phone calls and others. The CRM module will better express what’s working and what isn’t and how marketing is translating into added revenue.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Project management:</span> The last should-have feature of your ERP software product is a project management tool, which allows you to communicate productively across your organization to plan and execute projects internally. This helps ensure company cohesion by getting every involved stakeholder or employee on the same page and in-the-know as to the most current business objectives and goals.</li></ul>\r\n<h1 class=\"align-center\"><span style=\"font-weight: normal;\">Benefits of ERP software and why to build it</span></h1>\r\n<p class=\"align-left\">In today’s business environments, it’s hard to move on without an ERP system. Among the main benefits of ERP implementation is automatization of manual tasks staff spends hours on and thus improves the overall business performance. So the staff can focus on more important initiatives. At the same time, you can collect real-time data for improving performance management and making data-driven decisions.<br />ERP&nbsp; planning software comes handy in lots of areas due to its in-built modules and flexibility. Here are a few advantages of ERP software tools:</p>\r\n<p class=\"align-left\"><br />1. <span style=\"font-weight: bold;\">Reduce operating cost</span>. The company starts gaining profit as soon as the ERP system is implemented. Prepare to face the reduction of marketing expenses, inventory maintenance, production cost and so on. Also, if you’re aimed at combining all business processes within a unified system, ERP is the right choice. By using the software, it’s easy to improve cross-department cooperation and increase staff’s efficiency.</p>\r\n<p class=\"align-left\">2.<span style=\"font-weight: bold;\"> Instant data access.</span> With ERP systems, employees soon forget about hours spent on collecting necessary details. Instead, they can be accessed in just a few minutes. Works great for busy executives and department managers that need to access data quickly.</p>\r\n<p class=\"align-left\">3. <span style=\"font-weight: bold;\">Defined planning process.</span> It’s easy to understand the business objectives, targets and aims when you have a full list of business needs, outcomes, and assets all in one place.</p>\r\n<p class=\"align-left\">Sure, ERP systems also have some disadvantages. The most common issue is the price. It’s almost impossible for small companies to develop an ERP suite for their own needs, only middle and large-sized corporations can afford it.<br /><br /><br /><br /><br /></p>","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/ERP_-_Enterprise_Resource_Planning.png"},{"id":359,"title":"Order Management","alias":"order-management","description":" Order management is the administration of business processes related to orders for goods or services. Order management is the order-to-cash sales process that sits at the heart of any goods-based B2C and B2B company. Put simply, it’s the end-to-end cycle of receiving and processing a customer order through to fulfillment. \r\nOrder management is not conducted in isolation; it relies upon almost every department in a company: from a customer service team to the warehouse staff, the accounting department through to delivery partners. When mastered effectively, order management ensures a business’s workflow runs smoothly by establishing efficient processes to keep it moving forward; maintaining customer satisfaction and protecting a company’s reputation.\r\nOrder management involves a series of interconnected touchpoints and stakeholders who work collaboratively together to enable customers to order the right products, for the right price and receive them at the right time. The order fulfillment system (as it is also known) not only secures that order-to-cash (O2C) processes run smoothly, but also gives businesses the opportunity to build customer profiles and keep track of inventory volume and sales records.\r\nWhen scaling your business, it’s important to automate and streamline this process — otherwise, you’ll eventually be overwhelmed by the sheer number of orders coming in. An ordering system gives you a one-stop shop to view and manage all customer orders in one place.\r\nSome systems offer a two-way sync that makes sure order information is passed between your order management system and your ecommerce platform while providing you with visibility into the entire process. This can help automate the flow of sales order information to every piece of the supply chain. That means you can track the entire journey of a customer order, from the “Buy” button to delivery — and even returns.\r\nOrder processing is the process or work flow from order placement to delivery. This is a key element of order fulfillment, where reliability and accuracy lead to customer satisfaction. Steps in order processing include picking, sorting, tracking and shipping. Order processing can range from manual (hand written on an order log sheet) to highly technological and data driven (through online orders and order processing software) depending on the operation.\r\nIn order to establish a fast-moving, cost-effective and accurate order management cycle, both B2C and B2B companies are choosing to use an integrated and responsive order management system (OMS). The OMS integrates directly with a business’s ERP and is set up to work alongside the human workforce in order to obtain the most productive and profitable order management cycle possible.\r\nAn integrated order management system may encompass these modules:\r\n<ul><li>Product information (descriptions, attributes, locations, quantities)</li><li>Inventory available to promise (ATP) and sourcing</li><li>Vendors, purchasing, and receiving</li><li>Marketing (catalogs, promotions, pricing)</li><li>Customers and prospects</li><li>Order entry and customer service (including returns and refunds)</li><li>Financial processing (credit cards, billing, payment on account)</li><li>Order processing (selection, printing, picking, packing, shipping) </li></ul>","materialsDescription":"<h1 class=\"align-center\"> <span style=\"font-weight: normal;\">What is OMS software?</span></h1>\r\nAn order management system is a software system that facilitates and manages the execution of trade orders. An order management system is any tool or platform that tracks sales, orders, inventory, and fulfillment as well as enables the people, processes, and partnerships necessary for products to find their way to the customers who bought them. \r\nAn order processing system software should provide one centralized place to manage orders from all sales channels. Centralizing this in one system is critical to delivering a superior customer experience by providing order status, on-time deliveries and meeting customer expectations for buy, fulfill and return anywhere. \r\nThe right solution gives you a foundation for consistent and seamless execution across all customer, financial, inventory and supply chain touch points that drives customer satisfaction, repeat business and long-term loyalty. Additionally, order management systems can improve sales visibility and reduce delays and back orders by giving you a single view of demand, inventory and supply.\r\nAn effective order management system software lets you seamlessly orchestrate the fulfillment of products and services across virtually all your customer touch points. Without a centralized order management system, realizing a comprehensive view of demand, transactions and customers across all channels and fulfillment locations can be extremely difficult.\r\nOrder management software equips you to think beyond the inventory on hand to focus on what's available to promise to your customers. It eliminates costly and rigid inventory segmentation across channels and business units with a single, real-time, consolidated view of inventory across the enterprise, from your suppliers and manufacturing facilities to your warehouse and stores.\r\n<h1 class=\"align-center\"><span style=\"font-weight: normal;\">How to choose the right OMS software?</span></h1>\r\n<ul><li><span style=\"font-weight: bold;\">Define your system objectives and priorities of each.</span> By doing so and discussing with your internal stakeholders, you’ll clearly understand features that are “absolute requirements” vs. ones that are “nice to have.” Don’t forget to factor in scalability and future thinking.</li><li><span style=\"font-weight: bold;\">Draft a request for proposal (RFP)</span>. This will help your team get organized and both you and the vendor(s) understand the technical requirements and limitations of the system you’re hoping to implement. Don’t forget to include order volumes, number of SKUs, current vendor landscape, existing software, hardware, and networks, a timeline for the systems acquisition process, and details on training &amp; enablement.</li><li><span style=\"font-weight: bold;\">Research systems options</span>. It’s unlikely that you’ll find an ideal fit for your business with your first contact (but how amazing would that be), so compile a list of 4-6 vendors to evaluate and reach out to for demos or trails. </li><li><span style=\"font-weight: bold;\">Review trade-offs.</span> It’s unlikely you’ll find a vendor that is a 100% fit and your final selection will be based on a number of trade-off criteria. Feature &amp; function alone shouldn’t be your sole selection criteria as you’ll want to take into account the entirety of the business relationship you’re getting into.</li></ul>\r\n<h1 class=\"align-center\"><span style=\"font-weight: normal;\">How do your customers benefit from an online order management system?</span></h1>\r\nAn online ordering software doesn’t just benefit you, though. It also benefits your customers. The system will give them a quick, convenient, and 24/7 way to place orders without having to call or email your staff, or fill out old-fashioned Excel or Word order forms. They'll have instant, online updates on the status of their orders, and they’ll have greater confidence that their orders will arrive on-time and with the correct items. An online order management system also makes your company look more professional in the eyes of your customers.Here are three ways they benefit:\r\n\r\n<ul><li><span style=\"font-weight: bold;\">They can place orders on their schedule.</span> Between managing employees, servicing customers, and marketing their business, most business owners are working on a very tight schedule. Taking the time to call or email your sales staff or meet with a sales rep can be challenging. Using an online product ordering system that allows customers to log on at their convenience and quickly choose the items they want to order goes a long way for customer service. If they place the same order on a regular basis, they can use a reorder feature which duplicates previous orders. The whole process takes a matter of seconds. So alleviate this challenge by implementing a system that allows your customers to place an order anytime.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">They can check their order status at any time.</span> One of the biggest challenges a business faces is managing their inventory. On one hand, they want to have enough inventory available to service their customers. On the other hand, they don’t want to have inventory piling up on their shelves. There’s a critical need to know with confidence when inventory will arrive.</li></ul>\r\n\r\n<ul><li> <span style=\"font-weight: bold;\">They have a higher probability of receiving the correct order in a timely manner. </span>Nothing will erode your customers' trust more than making errors on their shipments and invoices. If it happens once, that may be forgiven as a simple mistake. However, if it happens repeatedly, your customer is likely to start looking for alternative options. An online order management system with warehouse integration can send the order directly to your third party warehouse. This reduces the probability that an error will be made. The less people who handle the order information, the lower the likelihood for human error.</li></ul>\r\n\r\n","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Order_Management.png"},{"id":357,"title":"Procurement","alias":"procurement","description":" Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process.\r\nProcurement generally involves making buying decisions under conditions of scarcity. If sound data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis.\r\nProcurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion.\r\nAlmost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations.\r\nAn important distinction should be made between analyses without risk and those with risk. Where risk is involved, either in the costs or the benefits, the concept of best value should be employed.\r\nProcurement activities are also often split into two distinct categories, direct and indirect spend. Direct spend refers to the production-related procurement that encompasses all items that are part of finished products, such as raw material, components and parts. Direct procurement, which is the focus in supply chain management, directly affects the production process of manufacturing firms. In contrast, indirect procurement concerns non-production-related acquisition: obtaining &quot;operating resources&quot; which a company purchases to enable its operations. Indirect procurement comprises a wide variety of goods and services, from standardized items like office supplies and machine lubricants to complex and costly products and services like heavy equipment, consulting services, and outsourcing services.\r\nProcurement software (often labeled as e-procurement software) manages the purchasing processes electronically or via cloud computing.","materialsDescription":" <span style=\"font-weight: bold; \">What is Procurement?</span>\r\nProcurement is, quite simply, the act of acquiring goods and/or services through a tendering, or competitive bid, process. This is where the Buyer will release a ‘contract notice’ through an electronic portal (known as e-tendering, or e-procurement software) detailing:\r\n<ul><li>The contract title and description of goods/services required.</li><li>A Specification, and/or Scope of Works.</li><li>The approximate contract value/budget.</li><li>The length of delivery required.</li><li>The location of delivery.</li><li>Details surrounding the timetable for the tendering process, including the submission deadline, site visit dates, and clarification deadlines.</li><li>The tendering documents to be completed (such as SQ / PQQ documents, ITT documents, RFPs or RFQs).</li></ul>\r\nSuppliers (of goods and/or services) will then put together a tender response in line with the provided guidelines and submit them through the provided medium. The Buyer will then assess all of the responses against the evaluation criteria they have chosen and, ultimately, a supplier will be awarded the Contract.\r\n<span style=\"font-weight: bold; \">How is Procurement different from Purchasing?</span>\r\nThe distinction between Procurement and Purchasing can be confusing if you are new to the process, as it is common to hear the terms being used interchangeably. However, in this instance the difference between Procurement and Purchasing is this:\r\nProcurement is the umbrella term for the entire process of sourcing, selecting and acquiring goods or services, from conception to conclusion.\r\nPurchasing is just one small part of the procurement process (the acquisition) and does not cover the other stages, such as the creation of the specification of works, management of the procurement process, bidding/tendering, evaluation/vetting or agreement of terms.\r\n<span style=\"font-weight: bold; \">Why is Procurement Important?</span>\r\nProcurement is an important, democratic process (when done correctly!) which is especially important to businesses for the following reasons:\r\n<span style=\"font-style: italic;\"><span style=\"font-weight: bold;\">It can save you money.</span></span> The procurement process will allow you the best chance to find a supplier (or, suppliers) who most closely matches your needs and requirements, whilst offering the best value for money. Most often, Buyers will evaluate tenders through the MEAT method (Most Economically Advantageous Tender) which involves scoring the cost the supplier has provided, scoring their quality responses and then conflating the two scores to award an overall total mark. The Supplier with the best overall mark is, therefore, the provider of the Most Economically Advantageous Tender.\r\n<span style=\"font-style: italic;\"><span style=\"font-weight: bold;\">It widens the scope of your options.</span></span> As well as allowing the Buyer to find a Supplier who will offer the best value for money, the Procurement process enables Buyers to receive tenders from potential Suppliers across the country, who may offer experience and added value that local Suppliers do not, or cannot. Essentially, the Procurement process levels the playing field and allows the Buyer a better opportunity to gauge the suitability of multiple Suppliers.\r\n<span style=\"font-weight: bold;\">How could Procurement benefit your business?</span>\r\nProcurement specialists are available to advise on specifics relevant to your particular industry and business, but broadly speaking there are several reasons why breaking into Procurement could revolutionize the way you source and acquire goods and services:\r\n<span style=\"font-style: italic;\"><span style=\"font-weight: bold;\">It streamlines the workload.</span></span> If you require a new Supplier to provide an ongoing service, let’s say for 3 years, then you want to be absolutely sure that you are getting the best possible Supplier, and that they will definitely meet all of your requirements. It would be a poor use of staffing resources to dedicate personnel to researching and contacting potential businesses, which could take an inordinate amount of time and still not result in finding a Supplier that meets your requirements. By going through the Procurement process, you can streamline that normally weighty task through following these simple steps:\r\n<ul><li>Identify the need (what service/goods does your business require?).</li><li>Authorize the decision to find a Supplier who can address this need.</li><li>Establish the parameters of the proposed contract (budget/value, duration, essential vs. desirable requirements, etc).</li><li>Create the tender documentation (including the Specification / Scope of Works, Supplier Questionnaire, Instructions to Tenderers, Pricing document, etc).</li><li>Publish the tender through the public Procurement Portal of your choosing.</li><li>Evaluate the tender submissions against your chosen criteria.</li><li>Award the contract to your chosen Supplier.</li></ul>\r\n<span style=\"font-style: italic;\"><span style=\"font-weight: bold;\">Ensures accountability.</span></span> When you release a detailed contract notice, with corresponding tender documents, that explicitly states your requirements and the standards that the potential Supplier needs to meet (such as minimum annual turnover, compliance with industry-specific standards and evidence of previous experience) companies can then be held fully accountable for ensuring that they meet these requirements before submitting their responses.\r\n<span style=\"font-style: italic;\"><span style=\"font-weight: bold;\">Prevent corruption.</span></span> By having Suppliers fill out a Supplier Questionnaire you can screen companies for information such as breaches of lawful, environmental or health and safety obligations. Additionally, you can request evidence (in the form of financial records) that they will not pose a financial risk to your operation and are capable of delivering the service. In order to pass the Supplier Questionnaire, Suppliers are required to self-certify that they meet all necessary requirements, and can be held fully accountable if this is not the case.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Procurement.png"},{"id":73,"title":"SCM - Supply Chain Management","alias":"scm-supply-chain-management","description":"<span style=\"font-weight: bold; \"><span style=\"font-weight: bold; \">SCM</span> (Supply Chain Management)&nbsp;</span> is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It involves the active streamlining of a business's supply-side activities to maximize customer value and gain a competitive advantage in the marketplace.\r\nSCM represents an effort by suppliers to <span style=\"font-weight: bold; \">develop and implement supply chains</span> that are as efficient and economical as possible. Supply chain management system covers everything from production to product development to the information systems needed to direct these undertakings.\r\nTypically, supply chain management solutions attempt to centrally control or link the production, shipment, and distribution of a product. By chain management process, companies are able to cut excess costs and deliver products to the consumer faster. This is done by keeping tighter <span style=\"font-weight: bold; \">control of internal inventories, internal production, distribution, sales, and the inventories of company vendors.</span>\r\n<span style=\"font-weight: bold; \">Supply chain strategy</span> is based on the idea that nearly every product that comes to market results from the efforts of various organizations that make up a supply chain. Although supply chains have existed for ages, most companies have only recently paid attention to them as a value-add to their operations.\r\nIn traditional supply chain management the supply chain manager coordinates the <span style=\"font-weight: bold; \">logistics </span>of all <span style=\"font-weight: bold; \">aspects of the supply chain</span> which consists of five parts: 1) <span style=\"font-weight: bold;\">the plan</span> or <span style=\"font-weight: bold;\">strategy</span>; 2) <span style=\"font-weight: bold;\">the source</span> (of raw materials or services); 3) <span style=\"font-weight: bold;\">manufacturing</span> (focused on productivity and efficiency); 4) <span style=\"font-weight: bold;\">delivery</span> and <span style=\"font-weight: bold;\">logistics</span>; 5) <span style=\"font-weight: bold;\">the return system </span>(for defective or unwanted products). \r\nImprovements in productivity and efficiency go straight to the bottom line of a company and have a real and lasting impact. Good supply chain management keeps companies out of the headlines and away from expensive recalls and lawsuits.\r\nTechnology is critical in managing today's supply chains, and every major supply chain management process has a software category dedicated to it. Most vendors of ERP suites offer digital SCM, and there are thousands of niche vendors. Besides managing specific processes, <span style=\"font-weight: bold; \">supply chain management network software </span>has an important role to play in tying together the people, processes, and systems that participate in the supply chain. \r\nOther commonly used supply chain management includes:\r\n<ul><li>a transportation management system (TMS) for managing the transport and storage of goods, especially across global supply chains;</li><li>a warehouse management system (WMS) for all of the activities inside warehouses and distribution centers; and</li><li>an order management system, to handle processing of customer orders through WMS, ERP and TMS systems, at all stages of the supply chain.</li></ul>\r\n\r\n","materialsDescription":"<h1 class=\"align-center\"> What are the different types of supply chain strategies?</h1>\r\n<ul><li><span style=\"font-weight: bold; \">The &quot;efficient&quot; supply chain model</span></li></ul>\r\nThe efficient supply chain strategy is best suited to industries that are characterized by intense market competition, with several competitors fighting for the same group of customers who may not perceive major differences in their value proposals. In effect, competition is virtually always based almost solely on price.\r\n<span style=\"font-style: italic; \">This supply chain model is well suited for businesses with commoditized products, such as cement and steel.</span>\r\n<ul><li><span style=\"font-weight: bold; \">The &quot;fast&quot; supply chain model</span></li></ul>\r\nThe fast supply chain is best for companies that produce trendy products with a short lifecycle. From the customer's perspective, the main difference among competitors' value proposals is how well they are able to update product portfolios in accordance with the latest trends. This focuses competition in the market on manufacturers' ability to continuously develop new products they can sell at an affordable price. \r\n<span style=\"font-style: italic; \">Examples of companies that benefit from this supply chain model include those that engage in catalogue sales.</span><span style=\"font-style: italic; \">It's also appropriate for retailers that sell trendy apparel and whose customers tend to visit stores monthly. </span>\r\n<ul><li><span style=\"font-weight: bold; \">The &quot;continuous-flow&quot; supply chain model</span></li></ul>\r\nThe main features of the continuous-flow supply chain model are supply and demand stability, with processes scheduled in such a way as to ensure a steady cadence and continuous flow of information and products. This model typically is for a very mature supply chain with a customer demand profile that has little variation. Consequently, the production workload can match demand through a continuous-replenishment model based on a &quot;make to stock&quot; decoupling point, where production is scheduled to replenish predefined stock levels based on a specified reorder point for inventory in the production cycle. \r\n<span style=\"font-style: italic; \">This supply chain process typically works well for businesses with short-shelf-life products, such as dairy products and bread. It is also suitable for manufacturers of intermediate products.</span>\r\n<ul><li><span style=\"font-weight: bold; \">The &quot;agile&quot; supply chain model</span></li></ul>\r\nThe agile type of supply chain is useful for companies that manufacture products under unique specifications for each customer. This is typically seen in industries that are characterized by unpredictable demand. They use a &quot;make to order&quot; decoupling point, producing the item after receiving the customer's purchase order to avoid manufacturing products that have no certainty of future sales.\r\n<span style=\"font-style: italic; \">This strategy is useful for industries where the company's value proposal is oriented toward offering products &quot;on demand&quot; and with a high service level, such as packaging, chemical specialties, and metal machining services, among others.</span>\r\n<ul><li><span style=\"font-weight: bold; \">The &quot;custom-configured&quot; supply chain model</span></li></ul>\r\nThe custom-configured supply chain model is characterized by a high degree of relevance of the cost of assets to the total cost, and multiple (potentially unlimited) configurations of the finished product on a unique platform. Competitive positioning is founded on offering a unique configuration of the finished product according to the end consumer's needs. \r\n<span style=\"font-style: italic; \">One example of where this supply chain strategy makes sense is the assembly of personalized products, such as computers and vehicles. Another example is in the paper manufacturing industry, where the decoupling point occurs after the manufacture of the big paper rolls, and the products are customized in the cutting and packaging process. </span>\r\n<ul><li><span style=\"font-weight: bold; \">The &quot;flexible&quot; supply chain</span></li></ul>\r\nIt is suited for companies that must meet unexpected demand and therefore are faced with high demand peaks and long periods of low workload. This supply chain model is characterized by adaptability, which is the capability to reconfigure internal processes in order to meet a customer's specific need or solve a customer's problem. This model typically is used by service companies that focus on handling unexpected situations, perhaps even including emergencies. \r\n<span style=\"font-style: italic; \">A typical example of this type of supply chain can be found in companies that provide metalworking and machining services for the manufacture of spare parts for industrial customers. </span>\r\n\r\n\r\n","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/SCM_-_Supply_Chain_Management__1_.png"},{"id":349,"title":"Inventory Management","alias":"inventory-management","description":" Inventory management is a complex process, particularly for larger organizations, but the basics are essentially the same regardless of the organization's size or type. In inventory management, goods are delivered into the receiving area of a warehouse in the form of raw materials or components and are put into stock areas or shelves.\r\nCompared to larger organizations with more physical space, in smaller companies, the goods may go directly to the stock area instead of a receiving location, and if the business is a wholesale distributor, the goods may be finished products rather than raw materials or components. The goods are then pulled from the stock areas and moved to production facilities where they are made into finished goods. The finished goods may be returned to stock areas where they are held prior to shipment, or they may be shipped directly to customers.\r\nInventory management uses a variety of data to keep track of the goods as they move through the process, including lot numbers, serial numbers, cost of goods, the quantity of goods and the dates when they move through the process.<br /><br />","materialsDescription":" <span style=\"font-weight: bold;\">What Is Inventory Management?</span>\r\nInventory management refers to the process of ordering, storing, and using a company's inventory. These include the management of raw materials, components, and finished products, as well as warehousing and processing such items.\r\nFor companies with complex supply chains and manufacturing processes, balancing the risks of inventory gluts and shortages is especially difficult. To achieve these balances, firms have developed two major methods for inventory management: just-in-time and materials requirement planning: just-in-time (JIT) and materials requirement planning (MRP).\r\n<span style=\"font-weight: bold;\">How does Inventory Management work?</span>\r\nA company's inventory is one of its most valuable assets. In retail, manufacturing, food service, and other inventory-intensive sectors, a company's inputs and finished products are the core of its business. A shortage of inventory when and where it's needed can be extremely detrimental.\r\nAt the same time, inventory can be thought of as a liability (if not in an accounting sense). A large inventory carries the risk of spoilage, theft, damage, or shifts in demand. Inventory must be insured, and if it is not sold in time it may have to be disposed of at clearance prices—or simply destroyed.\r\nFor these reasons, inventory management is important for businesses of any size. Knowing when to restock certain items, what amounts to purchase or produce, what price to pay—as well as when to sell and at what price—can easily become complex decisions. Small businesses will often keep track of stock manually and determine the reorder points and quantities using Excel formulas. Larger businesses will use specialized enterprise resource planning (ERP) software. The largest corporations use highly customized software as a service (SaaS) applications.\r\nAppropriate inventory management strategies vary depending on the industry. An oil depot is able to store large amounts of inventory for extended periods of time, allowing it to wait for demand to pick up. While storing oil is expensive and risky—a fire in the UK in 2005 led to millions of pounds in damage and fines—there is no risk that the inventory will spoil or go out of style. For businesses dealing in perishable goods or products for which demand is extremely time-sensitive—2019 calendars or fast-fashion items, for example—sitting on inventory is not an option, and misjudging the timing or quantities of orders can be costly.\r\n<span style=\"font-weight: bold;\">What are Inventory Management methods?</span>\r\nDepending on the type of business or product being analyzed, a company will use various inventory management methods. Some of these management methods include just-in-time (JIT) manufacturing, materials requirement planning (MRP), economic order quantity (EOQ), and days sales of inventory (DSI).\r\n<ul><li>Just-in-Time Management</li><li>Materials Requirement Planning</li><li>Economic Order Quantity</li><li>Days Sales of Inventory</li><li>Qualitative Analysis of Inventory</li></ul>","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Inventory_Management.png"},{"id":345,"title":"Logistics","alias":"logistics","description":" Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items. The logistics of physical items usually involves the integration of information flow, materials handling, production, packaging, inventory, transportation, warehousing, and often security.\r\nIn military science, logistics is concerned with maintaining army supply lines while disrupting those of the enemy, since an armed force without resources and transportation is defenseless. Military logistics was already practiced in the ancient world and as modern military have a significant need for logistics solutions, advanced implementations have been developed. In military logistics, logistics officers manage how and when to move resources to the places they are needed.\r\nLogistics management is the part of supply chain management and supply chain engineering that plans, implements, and controls the efficient, effective forward, and reverse flow and storage of goods, services, and related information between point of origin and point of consumption to meet customer's requirements. The complexity of logistics can be modeled, analyzed, visualized, and optimized by dedicated simulation software. The minimization of the use of resources is a common motivation in all logistics fields. A professional working in the field of logistics management is called a logistician. ","materialsDescription":" <span style=\"font-weight: bold;\">Can transport logistics actually help reduce costs and optimize transport processes?</span>\r\nYes. Because transportation is not a fixed cost, coordinating a transport logistics platform where planners and managers have increased visibility and transparency into the constantly shifting variables is key to reducing overall transportation costs and optimizing the output of resources to ensure the best return in both efficiency and revenue. History is instructive, and manufacturing companies who can gather, sort, analyze, and review previous transportation data are better equipped to explore areas where costs can be reduced and optimized for more effective future transport planning. A transport logistics solution gives planners and managers the power to uncover areas of waste in their transportation strategy (container levels, fuel consumption, inaccurate routing processes, ineffective distribution and warehousing networks, and long lead times between warehousing and delivery) to deploy more lean methods of transportation and avoid bottlenecks or breakdowns in the transit stage of their value chain.\r\n<span style=\"font-weight: bold;\">Transport logistics doesn’t integrate with Industry 4.0, does it?</span>\r\nActually, yes, transport logistics is part and parcel of an integrated Industry 4.0 platform. Because Industry 4.0 relies heavily on intelligent solutions communicating data, reporting, and notifications in real-time, Industry 4.0 is perhaps a perfect fit for transport logistics in terms of identifying changing variables in transportation constraints and addressing these variables before they result in breakdowns or bottlenecks. In addition, because transport logistics is often reliant on a large network of partners, stages, or processes, integrating Industry 4.0 into a transport strategy is a seamless way of connecting these disparate points into a cohesive system or architecture whereby all the important players can communicate, collaborate, and respond to transport logistics events with little or no lead time. No longer are manufacturing companies operating their transport logistics strategy on outdated data or irrelevant communication threads. Today, Industry 4.0 allows these functions to take place at the moment between as many players as necessary.\r\n<span style=\"font-weight: bold;\">How do transport logistics allow for adaptations in operational shifts?</span>\r\nImagine a certain production program is scheduled to produce X amounts of units that need to be transported to a certain distribution facility by a certain date. However, unforeseen changes to said production program means a significant reduction in the number of units, which directly impacts transport capacity. Where before a manufacturing company had budgeted enough space to move X amount of units, this reduction either means a longer lead time to when a full truck/container can be shipped or inefficient use of capacity whereby a half or less than half truck or container is utilized. However, a transport logistics strategy and solution give planners and managers the power to adapt to these operational shifts by identifying the best routes, transport modes, and delivery windows to avoid incurring losses in resources and time in addressing these changing variables. In addition, a transport logistics solution allows manufacturing companies to engage in simulations and what-if scenarios to plan accordingly for such events.\r\n<span style=\"font-weight: bold;\">At the end of the day, do transport logistics actually result in better customer relations?</span>\r\nWithout doubt. The value of a transport logistics solution in enhancing customer satisfaction and service cannot be overstated. While the value proposition internally for manufacturing companies should now be quite apparent, the value externally or in a customer-facing avenue should be easily visible from the start. A company’s ability to provide the right product at the right time in the right place is paramount in driving a positive customer relations platform and increasing a company’s client base and footprint. Because a transport logistics solution provides planners and managers the power to ensure the right products arrive in the right condition at the right moment, customers will not only be more apt to work with a given manufacturing company in the future, but said manufacturing company will also create more stable and productive business relationships with partners in their supply networks.","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Logistics__1_.png"},{"id":71,"title":"CRM - Customer Relationship Management","alias":"crm-customer-relationship-management","description":"<span style=\"font-weight: bold;\">Customer service</span> is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees &quot;who can adjust themselves to the personality of the guest&quot;. Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback.\r\nA <span style=\"font-weight: bold;\">customer support</span> is a range of customer services to assist customers in making cost effective and correct use of a product. It includes assistance in planning, installation, training, trouble shooting, maintenance, upgrading, and disposal of a product. These services even may be done at customer's side where he/she uses the product or service. In this case it is called &quot;at home customer services&quot; or &quot;at home customer support.&quot;\r\nRegarding technology, products such as mobile phones, televisions, computers, software products or other electronic or mechanical goods, it is termed technical support. \r\nCustomer service may be provided by a person (e.g., sales and service representative), or by automated means, such as kiosks, Internet sites, and apps.\r\n<span style=\"font-weight: bold;\">CRM </span>(Customer Relationship Management) is an approach to manage a company's interaction with current and potential customers. It uses data analysis about customers' history with a company to improve business relationships with customers, specifically focusing on customer retention and ultimately driving sales growth.\r\nOne important aspect of the CRM approach is the systems of CRM that compile data from a range of different communication channels, including a company's website, telephone, email, live chat, marketing materials and more recently, social media. Through the CRM approach and the systems used to facilitate it, businesses learn more about their target audiences and how to best cater to their needs.\r\nCRM helps users focus on their organization’s relationships with individual people including customers, service users, colleagues, or suppliers.\r\nWhen people talk about customer relationship management system, they might mean any of three things: \r\n<ul><li><span style=\"font-weight: bold;\">CRM as Technology</span>: This is a technology product, often in the cloud, that teams use to record, report and analyse interactions between the company and users. This is also called a CRM system or solution.</li><li><span style=\"font-weight: bold;\">CRM as a Strategy</span>: This is a business’ philosophy about how relationships with customers and potential customers should be managed.&nbsp; </li><li><span style=\"font-weight: bold;\">CRM as a Process</span>: Think of this as a system a business adopts to nurture and manage those relationships.</li></ul>\r\n<br /><br /><br />","materialsDescription":"<h1 class=\"align-center\"><span style=\"font-weight: normal;\">Why is CRM important?</span></h1>\r\nCRM management system enables a business to deepen its relationships with customers, service users, colleagues, partners and suppliers.\r\nForging good relationships and keeping track of prospects and customers is crucial for customer acquisition and retention, which is at the heart of a CRM’s function. You can see everything in one place — a simple, customizable dashboard that can tell you a customer’s previous history with you, the status of their orders, any outstanding customer service issues, and more.\r\nGartner predicts that by 2021, CRM technology will be the single largest revenue area of spending in enterprise software. If your business is going to last, you know that you need a strategy for the future. For forward-thinking businesses, CRM is the framework for that strategy.\r\n<h1 class=\"align-center\"><span style=\"font-weight: normal;\">What are the benefits of CRM?</span></h1>\r\nBy collecting and organising data about customer interactions, making it accessible and actionable for all, and facilitating analysis of that data, CRM offers many benefits and advantages.<br />The benefits and advantages of CRM include:\r\n<ul><li>Enhanced contact management</li><li>Cross-team collaboration</li><li>Heightened productivity</li><li>Empowered sales management</li><li>Accurate sales forecasting</li><li>Reliable reporting</li><li>Improved sales metrics</li><li>Increased customer satisfaction and retention</li><li>Boosted marketing ROI</li><li>Enriched products and services</li></ul>\r\n<h1 class=\"align-center\"><span style=\"font-weight: normal;\">What are the key features of most popular CRM software programs?</span></h1>\r\nWhile many CRM solutions differ in their specific value propositions — depending on your business size, priority function, or industry type — they usually share some core features. These, in fact, are the foundation of any top CRM software, without which you might end up using an inferior app or an over-rated address book. So, let’s discuss the key features you need to look for when figuring out the best CRM software for your business.\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Contact management</span>. The best CRM solutions aren’t just an address book that only organizes contact details. It manages customer data in a centralized place and gives you a 360-degree view of your customers. You should be able to organize customers’ personal information, demographics, interactions, and transactions in ways that are meaningful to your goals or processes. Moreover, a good contact management feature lets you personalize your outreach campaign. By collecting personal, social, and purchase data, it will help you to segment target audience groups in different ways.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Reporting and dashboards</span>. These features of customer relationship management allow you to use analytics to interpret customer data. Reporting is very useful if you want to consolidate disparate data and churn out insights in different visualizations. This lets you make better decisions or proactively deal with market trends and customer behavioral patterns. The more visual widgets a CRM software has, the better you can present reports. Furthermore, a best customer relationship management software will generate real-time data, making reporting more accurate and timely. Reporting also keeps you tab on sales opportunities like upsell, resell, and cross-sell, especially when integrated with e-commerce platforms.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Lead management</span>. These features let you manage leads all the way to win-loss stage. They pave a clear path to conversion, so you can quickly assess how the business is performing. One of the main three legs that comprises the best client relationship management software (the other two being contact management and reporting), lead management unburdens the sales team from follow-ups, tracking, and repetitive tasks.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Deals and tasks</span>. Deals and tasks are closely associated with leads. Deals are leads at the negotiation stage, so it’s critical to keep a close eye on their associated tasks for a higher chance of conversion.<br />CRM software tools should also let you track both deals and tasks in their respective windows or across the sales stages. Whether you’re viewing a contact or analyzing the sales pipeline, you should be able to immediately check the deal’s tasks and details. Deals and tasks should also have user permissions to protect leaks of sensitive data. Similarly, alerts are critical to tasks so deadlines are met. Notifications are usually sent via email or prominently displayed on the user’s dashboard.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Campaign management</span>. Solid CRM software will integrate this feature to enable marketing processes from outreach concept to A/B testing to deployment and to post analysis. This will allow you to sort campaigns to target segments in your contacts and define deployment strategies. You will also be able to define metrics for various channels, then plow back the insights generated by post-campaign analytics into planning more campaigns.<br />Recurring outreach efforts can also be automated. For instance, you can set to instantly appropriate content to contacts based on their interest or send tiered autoresponders based on campaign feedback.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Email management</span>. By integrating with popular email clients like Gmail and Outlook, CRM solutions can capture email messages and sort important details that can be saved in contacts or synced with leads. They can also track activities like opened emails, forwarded emails, clicked links, and downloaded files. Emails can also be qualified for prospecting.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Social media management. </span>Popular CRM systems feature an integrated social media management where you can view different social media pages from the CRM’s interface. This is a convenient way to post, reply on, and manage all your pages. Likewise, this feature gives you a better perspective on how customers are interacting with your brand. A glean of their likes and dislikes, interests, shares, and public conversations helps you to assess customer biases and preferences. Customers are also increasingly using social media to contact companies; hence, a good CRM should alert you for brand mentions.</li></ul>\r\n\r\n<ul><li><span style=\"font-weight: bold;\">Mobile access</span>. With more users accessing apps via mobile devices, many vendors have been prioritizing mobile-first platforms. Emergence Capital Partners study found over 300 mobile-first apps so far and CRM is definitely one their targets. Many CRM solutions have both Android and iOS apps. Mobile access works in two ways to be highly appreciated: accessing data and inputting data while on location. Field sales with the latest sales information on hand may be able to interest prospects better. Conversely, sales reps can quickly update deals across the pipeline even as they come off a client meeting.</li></ul>\r\n\r\n","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/CRM_-_Customer_Relationship_Management.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]},{"id":1478,"logoURL":"https://old.roi4cio.com/fileadmin/user_upload/Microsoft_Dynamics_NAV.jpg","logo":true,"scheme":false,"title":"SMART WMS Solution","vendorVerified":0,"rating":"1.40","implementationsCount":1,"suppliersCount":0,"supplierPartnersCount":1,"alias":"smart-wms-solution","companyTitle":"SMART business","companyTypes":["supplier","vendor"],"companyId":2053,"companyAlias":"smart-business","description":"<span style=\"background-color: rgb(255, 255, 255); \">Решение SMART WMS Solution позволяет автоматизировать учет складских операций, ускорить их выполнение и точность, разбить процессы на простые операции (в т.ч. упростить ввод данных в систему), реализуя, при этом, сложную систему движения материального потока. Все уникальные доработки в решении осуществлены таким образом, чтобы мог работать параллельно, как стандартный функционал, так и данное решение. Интерфейсы решения адаптированы под работу с беспроводными терминалами сбора данных, обеспечивая удобство конечного пользователя, работающего на складе.</span> ","shortDescription":"WMS (Warehouse Management System) — система, обеспечивающая автоматизацию управления складскими процессами.","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":3,"sellingCount":13,"discontinued":0,"rebateForPoc":0,"rebate":0,"seo":{"title":"SMART WMS Solution","keywords":"SMART, систему, Solution, данных, данное, функционал, стандартный, параллельно","description":"<span style=\"background-color: rgb(255, 255, 255); \">Решение SMART WMS Solution позволяет автоматизировать учет складских операций, ускорить их выполнение и точность, разбить процессы на простые операции (в т.ч. упростить ввод данных в систему), реализуя, при ","og:title":"SMART WMS Solution","og:description":"<span style=\"background-color: rgb(255, 255, 255); \">Решение SMART WMS Solution позволяет автоматизировать учет складских операций, ускорить их выполнение и точность, разбить процессы на простые операции (в т.ч. упростить ввод данных в систему), реализуя, при ","og:image":"https://old.roi4cio.com/fileadmin/user_upload/Microsoft_Dynamics_NAV.jpg"},"eventUrl":"","translationId":7106,"dealDetails":null,"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":67,"title":"WMS - Warehouse Management System","alias":"wms-warehouse-management-system","description":"<span style=\"font-weight: bold; \">A warehouse management system (WMS)</span> is software and processes that allow organizations to control and administer warehouse operations from the time goods or materials enter a warehouse until they move out. \r\nA WMS handles the orchestration of <span style=\"font-weight: bold; \">tasks </span>involved with:<span style=\"font-style: italic;\"></span>\r\n- Inbound and outbound operations\r\n- Inventory tracking\r\n- Processing orders and shipments\r\n- Inventory cycle counts\r\n- Order processing and shipping\r\nUsing a database that has been configured to support the operation of a warehouse, a warehouse system is a powerful tool to drive efficiency and accuracy across the business.The warehouse management software provides the means of warehouse control, enabling facility managers to have visibility into processes, labor resource activity, and much more.\r\nData involving operational processes flows into the warehouse system software from automated data capture methods such as barcode scanners, mobile computers and RFID enabled devices.&nbsp; The data is then used throughout the system to track inventory through the progression of warehouse processes.\r\n<p class=\"align-center\"><span style=\"font-weight: bold; \">Types of warehouse management systems</span></p>\r\n<p class=\"align-left\">WMS come in a variety of types and implementation methods, and the type typically depends on the size and nature of the organization. They can be <span style=\"font-weight: bold; \">stand-alone systems</span> or <span style=\"font-weight: bold; \">modules </span>in a larger enterprise resource planning (ERP) system or supply chain execution suite.</p>\r\n<p class=\"align-left\">They can also <span style=\"font-weight: bold; \">vary</span> widely <span style=\"font-weight: bold; \">in complexity.</span> Some small organizations may use a simple series of hard copy documents or spreadsheet files, but most larger organizations - from small to medium-sized businesses to enterprise companies - use complex and smart warehouse system. Some warehouse management solutions are designed specifically for the size of the organization, and many vendors have versions of WMS products that can scale to different organizational sizes. Some organizations build their own warehouse software from scratch, but it's more common to implement a WMS from an established vendor.</p>\r\n<p class=\"align-left\">A WMS can also be designed or configured for the <span style=\"font-weight: bold; \">organization's specific requirements</span>; for example, an e-commerce vendor might use a WMS that has different functions than a brick-and-mortar retailer. Additionally, an enterprise WMS may also be designed or configured specifically for the types of goods the organization sells; for example, a sporting goods retailer would have different requirements than a grocery chain.</p>\r\n<p class=\"align-left\">&nbsp;</p>","materialsDescription":"<h1 class=\"align-center\">How does using a Warehouse Management System help a business be more competitive?</h1>\r\nToday, businesses across the supply chain use warehouses to store goods on their way to customers.&nbsp; Whether the goods are destined for consumers, retailers, manufacturers or other business entities, it is important that whatever goods are ordered, shipped and delivered are processed properly, quickly, reliably and accurately.\r\nThe speed at which operational processes are performed, whether in a fulfillment center, third party logistics warehouse or distribution center is often a critical factor.&nbsp; \r\nUsing a WMS products that is appropriate for the needs of your operation can help you optimize operational processes for greater efficiency, enhance labor productivity, provide valuable insight into your operation and enable you to compete for, win and retain clients.\r\nHere are some other reasons why using a management warehouse system gives your business a competitive edge:\r\n<ul><li><span style=\"font-weight: bold; \">Enables stringent inventory management and inventory control capabilities.</span></li></ul>\r\n Helps ensure optimal handling, storage, processing and tracking of inventory. Increased operational efficiency helps keep costs and errors down, critical in attracting and retaining clients.\r\n<ul><li><span style=\"font-weight: bold; \">Real time information visibility.</span></li></ul>\r\nThese days, data is seamlessly transmitted across the warehouse and along the supply chain.&nbsp; Using warehouse software solutions with automated data collection such as barcode scanners, mobile computers or RFID enables the capture and use of vital information for quick decision making and planning.\r\n<ul><li><span style=\"font-weight: bold; \">Automated operations reduce errors, wasted time and inefficiency from manual operations and workarounds.</span></li></ul>\r\nMany warehousing management solutions are now workflow-based or workflow-driven.&nbsp; This means that the WMS can automate the execution of work, step-by-step to ensure greater accuracy.&nbsp; Not only is this important for efficiency and error reduction but also for ensuring that quality control and quality assurance processes are carried out in conjunction with established SOPs.&nbsp; This can prove especially critical when dealing with temperature-sensitive products, fragile inventory and perishable goods.\r\n<ul><li><span style=\"font-weight: bold; \">Speed, agility and reliability of warehouse operations.</span></li></ul>\r\nSpeed and agility are critical factors in warehouse operations and provide keen competitive advantage, especially if you are competing against a rival that is still using a legacy WMS or no system at all.&nbsp; A cutting-edge warehouse management software solutions make use of data to plan, execute and report on operations reliably, quickly and efficiently and can adapt to changing business conditions.\r\n<ul><li><span style=\"font-weight: bold; \">Enhanced workforce productivity, essential to daily operations.</span></li></ul>\r\nUsing a WMS helps provide your business with key metrics to use to properly manage, train and engage with your workforce.&nbsp; Getting the most work done in less time with fewer errors means that there will be less work done researching and correcting errors and billing.&nbsp; This lowers the burden on customer service representatives so that they can focus on providing top quality support.<br /><br />","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/WMS_-_Warehouse_Management_System.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]},{"id":1481,"logoURL":"https://old.roi4cio.com/fileadmin/user_upload/jParus-Torgovlja_i_Sklad.jpg","logo":true,"scheme":false,"title":"Парус-Торговля и Склад","vendorVerified":0,"rating":"1.40","implementationsCount":1,"suppliersCount":0,"supplierPartnersCount":0,"alias":"parus-torgovlja-i-sklad","companyTitle":"Parus Coproration (http://parus.ua)","companyTypes":["supplier","vendor"],"companyId":3453,"companyAlias":"parus-httpparusua","description":"Решение построено на базе облачной платформы &quot;Парус&quot; и обладает следующим набором функциональных характеристик:\r\n<ul><li>ведение списка номенклатуры с возможностью заполнения кода товара согласно перечням УКТ ВЭД;</li><li>учет МЦ в разрезе партий, упаковок, штрих-кодов, учет сроков годности;</li><li>система позволяет вести учет медикаментов;</li><li>учет входящих/ исходящих первичных товарных документов;</li><li>учет договоров с применением этапов и дополнительных соглашений;</li><li>формирование на основании договора цепочки связанных товарных документов;</li><li>формирование исходящих налоговых накладных на основании ГО;</li><li>создание исходящих счетов на оплату с возможностью применения системы скидок, в т.ч. дисконтных;</li><li>контроль оплаты товаров/ услуг покупателями и учет возврата товаров от покупателей;</li><li>резервирование товара на конкретную дату;</li><li>формирование ведомости товарных запасов;</li><li>отображение наличия ТМЦ в разрезе склада, партий;</li><li>проведение инветаризации и подготовка документов согласно результатам;</li><li>отображение журнала товарных операций согласно первичным документам.</li></ul>\r\n<span style=\"font-weight: bold; \">Решение &quot;Парус-Торговля и склад&quot; формирует следующие документы и отчеты:</span>\r\n<ul><li>печать исходящих налоговых накладных и доп. №1, №2 к налоговой накладной в формате xml;</li><li>отчеты по выписанным накладным, счетам на оплату, актам выполненных работ;</li><li>отчеты по платежным и товарным документам;</li><li>оборотная ведомость по товарам за определенный период;</li><li>акты списания товаров.</li></ul>","shortDescription":"Программный продукт \"Парус-Торговля и Склад\" – система, позволяющая обеспечивать управление запасами, складской логистикой, реализацией товаров и услуг.","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":14,"sellingCount":7,"discontinued":0,"rebateForPoc":0,"rebate":0,"seo":{"title":"Парус-Торговля и Склад","keywords":"учет, товарных, исходящих, формирование, отчеты, документов, согласно, товаров","description":"Решение построено на базе облачной платформы &quot;Парус&quot; и обладает следующим набором функциональных характеристик:\r\n<ul><li>ведение списка номенклатуры с возможностью заполнения кода товара согласно перечням УКТ ВЭД;</li><li>учет МЦ в разрезе партий, уп","og:title":"Парус-Торговля и Склад","og:description":"Решение построено на базе облачной платформы &quot;Парус&quot; и обладает следующим набором функциональных характеристик:\r\n<ul><li>ведение списка номенклатуры с возможностью заполнения кода товара согласно перечням УКТ ВЭД;</li><li>учет МЦ в разрезе партий, уп","og:image":"https://old.roi4cio.com/fileadmin/user_upload/jParus-Torgovlja_i_Sklad.jpg"},"eventUrl":"","translationId":7107,"dealDetails":null,"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":67,"title":"WMS - Warehouse Management System","alias":"wms-warehouse-management-system","description":"<span style=\"font-weight: bold; \">A warehouse management system (WMS)</span> is software and processes that allow organizations to control and administer warehouse operations from the time goods or materials enter a warehouse until they move out. \r\nA WMS handles the orchestration of <span style=\"font-weight: bold; \">tasks </span>involved with:<span style=\"font-style: italic;\"></span>\r\n- Inbound and outbound operations\r\n- Inventory tracking\r\n- Processing orders and shipments\r\n- Inventory cycle counts\r\n- Order processing and shipping\r\nUsing a database that has been configured to support the operation of a warehouse, a warehouse system is a powerful tool to drive efficiency and accuracy across the business.The warehouse management software provides the means of warehouse control, enabling facility managers to have visibility into processes, labor resource activity, and much more.\r\nData involving operational processes flows into the warehouse system software from automated data capture methods such as barcode scanners, mobile computers and RFID enabled devices.&nbsp; The data is then used throughout the system to track inventory through the progression of warehouse processes.\r\n<p class=\"align-center\"><span style=\"font-weight: bold; \">Types of warehouse management systems</span></p>\r\n<p class=\"align-left\">WMS come in a variety of types and implementation methods, and the type typically depends on the size and nature of the organization. They can be <span style=\"font-weight: bold; \">stand-alone systems</span> or <span style=\"font-weight: bold; \">modules </span>in a larger enterprise resource planning (ERP) system or supply chain execution suite.</p>\r\n<p class=\"align-left\">They can also <span style=\"font-weight: bold; \">vary</span> widely <span style=\"font-weight: bold; \">in complexity.</span> Some small organizations may use a simple series of hard copy documents or spreadsheet files, but most larger organizations - from small to medium-sized businesses to enterprise companies - use complex and smart warehouse system. Some warehouse management solutions are designed specifically for the size of the organization, and many vendors have versions of WMS products that can scale to different organizational sizes. Some organizations build their own warehouse software from scratch, but it's more common to implement a WMS from an established vendor.</p>\r\n<p class=\"align-left\">A WMS can also be designed or configured for the <span style=\"font-weight: bold; \">organization's specific requirements</span>; for example, an e-commerce vendor might use a WMS that has different functions than a brick-and-mortar retailer. Additionally, an enterprise WMS may also be designed or configured specifically for the types of goods the organization sells; for example, a sporting goods retailer would have different requirements than a grocery chain.</p>\r\n<p class=\"align-left\">&nbsp;</p>","materialsDescription":"<h1 class=\"align-center\">How does using a Warehouse Management System help a business be more competitive?</h1>\r\nToday, businesses across the supply chain use warehouses to store goods on their way to customers.&nbsp; Whether the goods are destined for consumers, retailers, manufacturers or other business entities, it is important that whatever goods are ordered, shipped and delivered are processed properly, quickly, reliably and accurately.\r\nThe speed at which operational processes are performed, whether in a fulfillment center, third party logistics warehouse or distribution center is often a critical factor.&nbsp; \r\nUsing a WMS products that is appropriate for the needs of your operation can help you optimize operational processes for greater efficiency, enhance labor productivity, provide valuable insight into your operation and enable you to compete for, win and retain clients.\r\nHere are some other reasons why using a management warehouse system gives your business a competitive edge:\r\n<ul><li><span style=\"font-weight: bold; \">Enables stringent inventory management and inventory control capabilities.</span></li></ul>\r\n Helps ensure optimal handling, storage, processing and tracking of inventory. Increased operational efficiency helps keep costs and errors down, critical in attracting and retaining clients.\r\n<ul><li><span style=\"font-weight: bold; \">Real time information visibility.</span></li></ul>\r\nThese days, data is seamlessly transmitted across the warehouse and along the supply chain.&nbsp; Using warehouse software solutions with automated data collection such as barcode scanners, mobile computers or RFID enables the capture and use of vital information for quick decision making and planning.\r\n<ul><li><span style=\"font-weight: bold; \">Automated operations reduce errors, wasted time and inefficiency from manual operations and workarounds.</span></li></ul>\r\nMany warehousing management solutions are now workflow-based or workflow-driven.&nbsp; This means that the WMS can automate the execution of work, step-by-step to ensure greater accuracy.&nbsp; Not only is this important for efficiency and error reduction but also for ensuring that quality control and quality assurance processes are carried out in conjunction with established SOPs.&nbsp; This can prove especially critical when dealing with temperature-sensitive products, fragile inventory and perishable goods.\r\n<ul><li><span style=\"font-weight: bold; \">Speed, agility and reliability of warehouse operations.</span></li></ul>\r\nSpeed and agility are critical factors in warehouse operations and provide keen competitive advantage, especially if you are competing against a rival that is still using a legacy WMS or no system at all.&nbsp; A cutting-edge warehouse management software solutions make use of data to plan, execute and report on operations reliably, quickly and efficiently and can adapt to changing business conditions.\r\n<ul><li><span style=\"font-weight: bold; \">Enhanced workforce productivity, essential to daily operations.</span></li></ul>\r\nUsing a WMS helps provide your business with key metrics to use to properly manage, train and engage with your workforce.&nbsp; Getting the most work done in less time with fewer errors means that there will be less work done researching and correcting errors and billing.&nbsp; This lowers the burden on customer service representatives so that they can focus on providing top quality support.<br /><br />","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/WMS_-_Warehouse_Management_System.png"},{"id":349,"title":"Inventory Management","alias":"inventory-management","description":" Inventory management is a complex process, particularly for larger organizations, but the basics are essentially the same regardless of the organization's size or type. In inventory management, goods are delivered into the receiving area of a warehouse in the form of raw materials or components and are put into stock areas or shelves.\r\nCompared to larger organizations with more physical space, in smaller companies, the goods may go directly to the stock area instead of a receiving location, and if the business is a wholesale distributor, the goods may be finished products rather than raw materials or components. The goods are then pulled from the stock areas and moved to production facilities where they are made into finished goods. The finished goods may be returned to stock areas where they are held prior to shipment, or they may be shipped directly to customers.\r\nInventory management uses a variety of data to keep track of the goods as they move through the process, including lot numbers, serial numbers, cost of goods, the quantity of goods and the dates when they move through the process.<br /><br />","materialsDescription":" <span style=\"font-weight: bold;\">What Is Inventory Management?</span>\r\nInventory management refers to the process of ordering, storing, and using a company's inventory. These include the management of raw materials, components, and finished products, as well as warehousing and processing such items.\r\nFor companies with complex supply chains and manufacturing processes, balancing the risks of inventory gluts and shortages is especially difficult. To achieve these balances, firms have developed two major methods for inventory management: just-in-time and materials requirement planning: just-in-time (JIT) and materials requirement planning (MRP).\r\n<span style=\"font-weight: bold;\">How does Inventory Management work?</span>\r\nA company's inventory is one of its most valuable assets. In retail, manufacturing, food service, and other inventory-intensive sectors, a company's inputs and finished products are the core of its business. A shortage of inventory when and where it's needed can be extremely detrimental.\r\nAt the same time, inventory can be thought of as a liability (if not in an accounting sense). A large inventory carries the risk of spoilage, theft, damage, or shifts in demand. Inventory must be insured, and if it is not sold in time it may have to be disposed of at clearance prices—or simply destroyed.\r\nFor these reasons, inventory management is important for businesses of any size. Knowing when to restock certain items, what amounts to purchase or produce, what price to pay—as well as when to sell and at what price—can easily become complex decisions. Small businesses will often keep track of stock manually and determine the reorder points and quantities using Excel formulas. Larger businesses will use specialized enterprise resource planning (ERP) software. The largest corporations use highly customized software as a service (SaaS) applications.\r\nAppropriate inventory management strategies vary depending on the industry. An oil depot is able to store large amounts of inventory for extended periods of time, allowing it to wait for demand to pick up. While storing oil is expensive and risky—a fire in the UK in 2005 led to millions of pounds in damage and fines—there is no risk that the inventory will spoil or go out of style. For businesses dealing in perishable goods or products for which demand is extremely time-sensitive—2019 calendars or fast-fashion items, for example—sitting on inventory is not an option, and misjudging the timing or quantities of orders can be costly.\r\n<span style=\"font-weight: bold;\">What are Inventory Management methods?</span>\r\nDepending on the type of business or product being analyzed, a company will use various inventory management methods. Some of these management methods include just-in-time (JIT) manufacturing, materials requirement planning (MRP), economic order quantity (EOQ), and days sales of inventory (DSI).\r\n<ul><li>Just-in-Time Management</li><li>Materials Requirement Planning</li><li>Economic Order Quantity</li><li>Days Sales of Inventory</li><li>Qualitative Analysis of Inventory</li></ul>","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/icon_Inventory_Management.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]},{"id":3077,"logoURL":"https://old.roi4cio.com/fileadmin/content/GOLD.png","logo":true,"scheme":false,"title":"WMS GOLD Stock (SR Warehouse Management)","vendorVerified":0,"rating":"2.00","implementationsCount":0,"suppliersCount":0,"supplierPartnersCount":0,"alias":"wms-gold-stock-sr-warehouse-management","companyTitle":"U&Sluno Ukraine LLC","companyTypes":["supplier","vendor"],"companyId":5011,"companyAlias":"usluno-ukraine","description":"<ul>\r\n<li><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kerning: 12.0pt; language: ru; mso-style-textfill-type: solid; mso-style-textfill-fill-color: #008484; mso-style-textfill-fill-alpha: 100.0%;\">Оптимизация складских процессов, управление складскими процессами</span></li>\r\n<li><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kerning: 12.0pt; language: ru; mso-style-textfill-type: solid; mso-style-textfill-fill-color: #008484; mso-style-textfill-fill-alpha: 100.0%;\">Увеличение производительности</span></li>\r\n<li><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kerning: 12.0pt; language: ru; mso-style-textfill-type: solid; mso-style-textfill-fill-color: #008484; mso-style-textfill-fill-alpha: 100.0%;\">Just in time (точно вовремя)</span></li>\r\n<li><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kerning: 12.0pt; language: ru; mso-style-textfill-type: solid; mso-style-textfill-fill-color: #008484; mso-style-textfill-fill-alpha: 100.0%;\">Голосовой подбор товара</span></li>\r\n<li><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kerning: 12.0pt; language: ru; mso-style-textfill-type: solid; mso-style-textfill-fill-color: #008484; mso-style-textfill-fill-alpha: 100.0%;\">Множество механизмов комплектации</span></li>\r\n<li><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kerning: 12.0pt; language: ru; mso-style-textfill-type: solid; mso-style-textfill-fill-color: #008484; mso-style-textfill-fill-alpha: 100.0%;\">Управление товаром, имеющим ограниченные сроки годности</span></li>\r\n<li><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kerning: 12.0pt; language: ru; mso-style-textfill-type: solid; mso-style-textfill-fill-color: #008484; mso-style-textfill-fill-alpha: 100.0%;\">Сокращение складских площадей</span></li>\r\n<li><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kerning: 12.0pt; language: ru; mso-style-textfill-type: solid; mso-style-textfill-fill-color: #008484; mso-style-textfill-fill-alpha: 100.0%;\">Масштабируемость</span></li>\r\n</ul>\r\n<p><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kerning: 12.0pt; language: ru; mso-style-textfill-type: solid; mso-style-textfill-fill-color: #008484; mso-style-textfill-fill-alpha: 100.0%;\">Общие отличительные особенности GOLD Stock:</span></p>\r\n<p><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kerning: 12.0pt; language: ru; mso-style-textfill-type: solid; mso-style-textfill-fill-color: #008484; mso-style-textfill-fill-alpha: 100.0%;\">Модульная архитектура<br />Управление функционалом склада на мобильных устройствах<br />On-line контроль на мобильных устройствах<br />Возможность развертывания в ЦОД и SaaS<br />Простое управление сложными процессами<br />Доступность масштабирования<br />Реализованные лучшие практики<br />Реальные инновации<br />Интеграция с системой прогнозирования и пополнения</span></p>\r\n<p>&nbsp;</p>\r\n<p><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kerning: 12.0pt; language: ru; mso-style-textfill-type: solid; mso-style-textfill-fill-color: #008484; mso-style-textfill-fill-alpha: 100.0%;\">КОНКУРЕНТНЫЕ ПРЕИМУЩЕСТВА \u000bGOLD STOCK ПЕРЕД ДРУГИМИ WMS<br />1) умeет работать с большим объемом информации; <br />2) каждый месяц обновления системы; <br />3) большое количество параметров для гибкой настройки процесса \u000b(более 1000) - процессы под требования заказчика; <br />4) возможность интеграции с любым оборудованием и системами;<br />5) снижение влияния человеческого фактора, при этом, люди занимаются своей работой эффективнее;<br />6) множество вариантов отборки (до 10 схем отбора, в т.ч. Pick by line);<br />7) крос-докинг без идентификации товара, крос-докинг с идентификацией товара<br />8) встроенный модуль в котором можно построить любой отчет + все данные для любых расчётов, в т. ч. систем мотивации (KPIs).<br />9) Экономия пространства: до 30%, при отсутствии систем аналогичного класса;<br />10) Ускорение исполнения заданий: до 35%, в сравнении с неиспользованием систем аналогичного класса</span></p>\r\n<p style=\"language: ru; margin-top: 0pt; margin-bottom: 0pt; text-align: left; direction: ltr; unicode-bidi: embed; vertical-align: baseline;\">&nbsp;</p>\r\n<p>&nbsp;</p>\r\n<p>&nbsp;</p>\r\n<p>&nbsp;</p>","shortDescription":"Система управления СКЛАДОМ WMS GOLD Stock (SR Warehouse Management) - автоматизация управления бизнес-процессами склада","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":8,"sellingCount":14,"discontinued":0,"rebateForPoc":0,"rebate":0,"seo":{"title":"WMS GOLD Stock (SR Warehouse Management)","keywords":"","description":"<ul>\r\n<li><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kernin","og:title":"WMS GOLD Stock (SR Warehouse Management)","og:description":"<ul>\r\n<li><span style=\"font-size: 20.0pt; font-family: 'Stone Sans Sem ITC TT'; mso-ascii-font-family: 'Stone Sans Sem ITC TT'; mso-fareast-font-family: +mn-ea; mso-bidi-font-family: Arial; mso-fareast-theme-font: minor-fareast; color: #008484; mso-font-kernin","og:image":"https://old.roi4cio.com/fileadmin/content/GOLD.png"},"eventUrl":"","translationId":7194,"dealDetails":{"avgPartnerDiscount":0,"dealProtection":1,"avgDealSize":190000,"dealSizeCurrency":"","avgDealClosing":10},"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":67,"title":"WMS - Warehouse Management System","alias":"wms-warehouse-management-system","description":"<span style=\"font-weight: bold; \">A warehouse management system (WMS)</span> is software and processes that allow organizations to control and administer warehouse operations from the time goods or materials enter a warehouse until they move out. \r\nA WMS handles the orchestration of <span style=\"font-weight: bold; \">tasks </span>involved with:<span style=\"font-style: italic;\"></span>\r\n- Inbound and outbound operations\r\n- Inventory tracking\r\n- Processing orders and shipments\r\n- Inventory cycle counts\r\n- Order processing and shipping\r\nUsing a database that has been configured to support the operation of a warehouse, a warehouse system is a powerful tool to drive efficiency and accuracy across the business.The warehouse management software provides the means of warehouse control, enabling facility managers to have visibility into processes, labor resource activity, and much more.\r\nData involving operational processes flows into the warehouse system software from automated data capture methods such as barcode scanners, mobile computers and RFID enabled devices.&nbsp; The data is then used throughout the system to track inventory through the progression of warehouse processes.\r\n<p class=\"align-center\"><span style=\"font-weight: bold; \">Types of warehouse management systems</span></p>\r\n<p class=\"align-left\">WMS come in a variety of types and implementation methods, and the type typically depends on the size and nature of the organization. They can be <span style=\"font-weight: bold; \">stand-alone systems</span> or <span style=\"font-weight: bold; \">modules </span>in a larger enterprise resource planning (ERP) system or supply chain execution suite.</p>\r\n<p class=\"align-left\">They can also <span style=\"font-weight: bold; \">vary</span> widely <span style=\"font-weight: bold; \">in complexity.</span> Some small organizations may use a simple series of hard copy documents or spreadsheet files, but most larger organizations - from small to medium-sized businesses to enterprise companies - use complex and smart warehouse system. Some warehouse management solutions are designed specifically for the size of the organization, and many vendors have versions of WMS products that can scale to different organizational sizes. Some organizations build their own warehouse software from scratch, but it's more common to implement a WMS from an established vendor.</p>\r\n<p class=\"align-left\">A WMS can also be designed or configured for the <span style=\"font-weight: bold; \">organization's specific requirements</span>; for example, an e-commerce vendor might use a WMS that has different functions than a brick-and-mortar retailer. Additionally, an enterprise WMS may also be designed or configured specifically for the types of goods the organization sells; for example, a sporting goods retailer would have different requirements than a grocery chain.</p>\r\n<p class=\"align-left\">&nbsp;</p>","materialsDescription":"<h1 class=\"align-center\">How does using a Warehouse Management System help a business be more competitive?</h1>\r\nToday, businesses across the supply chain use warehouses to store goods on their way to customers.&nbsp; Whether the goods are destined for consumers, retailers, manufacturers or other business entities, it is important that whatever goods are ordered, shipped and delivered are processed properly, quickly, reliably and accurately.\r\nThe speed at which operational processes are performed, whether in a fulfillment center, third party logistics warehouse or distribution center is often a critical factor.&nbsp; \r\nUsing a WMS products that is appropriate for the needs of your operation can help you optimize operational processes for greater efficiency, enhance labor productivity, provide valuable insight into your operation and enable you to compete for, win and retain clients.\r\nHere are some other reasons why using a management warehouse system gives your business a competitive edge:\r\n<ul><li><span style=\"font-weight: bold; \">Enables stringent inventory management and inventory control capabilities.</span></li></ul>\r\n Helps ensure optimal handling, storage, processing and tracking of inventory. Increased operational efficiency helps keep costs and errors down, critical in attracting and retaining clients.\r\n<ul><li><span style=\"font-weight: bold; \">Real time information visibility.</span></li></ul>\r\nThese days, data is seamlessly transmitted across the warehouse and along the supply chain.&nbsp; Using warehouse software solutions with automated data collection such as barcode scanners, mobile computers or RFID enables the capture and use of vital information for quick decision making and planning.\r\n<ul><li><span style=\"font-weight: bold; \">Automated operations reduce errors, wasted time and inefficiency from manual operations and workarounds.</span></li></ul>\r\nMany warehousing management solutions are now workflow-based or workflow-driven.&nbsp; This means that the WMS can automate the execution of work, step-by-step to ensure greater accuracy.&nbsp; Not only is this important for efficiency and error reduction but also for ensuring that quality control and quality assurance processes are carried out in conjunction with established SOPs.&nbsp; This can prove especially critical when dealing with temperature-sensitive products, fragile inventory and perishable goods.\r\n<ul><li><span style=\"font-weight: bold; \">Speed, agility and reliability of warehouse operations.</span></li></ul>\r\nSpeed and agility are critical factors in warehouse operations and provide keen competitive advantage, especially if you are competing against a rival that is still using a legacy WMS or no system at all.&nbsp; A cutting-edge warehouse management software solutions make use of data to plan, execute and report on operations reliably, quickly and efficiently and can adapt to changing business conditions.\r\n<ul><li><span style=\"font-weight: bold; \">Enhanced workforce productivity, essential to daily operations.</span></li></ul>\r\nUsing a WMS helps provide your business with key metrics to use to properly manage, train and engage with your workforce.&nbsp; Getting the most work done in less time with fewer errors means that there will be less work done researching and correcting errors and billing.&nbsp; This lowers the burden on customer service representatives so that they can focus on providing top quality support.<br /><br />","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/WMS_-_Warehouse_Management_System.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]},{"id":602,"logoURL":"https://old.roi4cio.com/fileadmin/user_upload/SAP_Extended_Warehouse_Management__SAP_EWM_.png","logo":true,"scheme":false,"title":"SAP Extended Warehouse Management (SAP EWM)","vendorVerified":0,"rating":"2.00","implementationsCount":0,"suppliersCount":0,"supplierPartnersCount":31,"alias":"sap-extended-warehouse-management-sap-ewm","companyTitle":"SAP","companyTypes":["supplier","vendor"],"companyId":167,"companyAlias":"sap","description":"<p style=\"margin: 0px; padding: 3px 0px; border: 0px; font-variant-numeric: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; \"><span style=\"color: rgb(51, 51, 51); font-family: Arial, Helvetica, &quot;Microsoft YaHei&quot;, Meiryo, &quot;Malgun Gothic&quot;, sans-serif; font-size: 13px; \">You can use SAP EWM, to control and optimize processes through, for example:</span></p>\r\n<p style=\"margin: 0px; padding: 3px 0px; border: 0px; font-variant-numeric: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; \"><span style=\"color: rgb(51, 51, 51); font-family: Arial, Helvetica, &quot;Microsoft YaHei&quot;, Meiryo, &quot;Malgun Gothic&quot;, sans-serif; font-size: 13px; \">Notification of changed data before goods receipt from the SAP EWM to the ERP system; notification of a reversal or correction of the goods receipt from the SAP EWM to the ERP system; and, notification of an inbound delivery split from the SAP EWM to the ERP system</span></p>\r\n<p style=\"margin: 0px; padding: 3px 0px; border: 0px; font-variant-numeric: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; \"><span style=\"color: rgb(51, 51, 51); font-family: Arial, Helvetica, &quot;Microsoft YaHei&quot;, Meiryo, &quot;Malgun Gothic&quot;, sans-serif; font-size: 13px; \">Deconsolidation of handling units containing different products before putaway into different storage sections</span></p>\r\n<p style=\"margin: 0px; padding: 3px 0px; border: 0px; font-variant-numeric: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; \"><span style=\"color: rgb(51, 51, 51); font-family: Arial, Helvetica, &quot;Microsoft YaHei&quot;, Meiryo, &quot;Malgun Gothic&quot;, sans-serif; font-size: 13px; \">Automatic determination of storage concepts using slotting for product arrangement</span></p>\r\n<p style=\"margin: 0px; padding: 3px 0px; border: 0px; font-variant-numeric: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; \"></p>\r\n<p style=\"margin: 0px; padding: 3px 0px; border: 0px; font-variant-numeric: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; \"><span style=\"color: rgb(51, 51, 51); font-family: Arial, Helvetica, &quot;Microsoft YaHei&quot;, Meiryo, &quot;Malgun Gothic&quot;, sans-serif; font-size: 13px; \">For SAP Extended Warehouse Management lower than release 9.0, see SAP Extended Warehouse Managementunder SAP Supply Chain Management</span></p>","shortDescription":"SAP Extended Warehouse Management (EWM) offers you flexible, automated support with processing various goods movement and managing stock in your warehouse. The system supports you with planned and efficient processing of all logistics processes in your warehouse complex.","type":null,"isRoiCalculatorAvaliable":false,"isConfiguratorAvaliable":false,"bonus":100,"usingCount":17,"sellingCount":6,"discontinued":0,"rebateForPoc":0,"rebate":0,"seo":{"title":"SAP Extended Warehouse Management (SAP EWM)","keywords":"Warehouse, Extended, from, Management, system, goods, before, receipt","description":"<p style=\"margin: 0px; padding: 3px 0px; border: 0px; font-variant-numeric: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; \"><span style=\"color: rgb(51, 51, 51); font-family: Arial, Helvetica, &quot;Microsoft YaHei&quot;, Meiry","og:title":"SAP Extended Warehouse Management (SAP EWM)","og:description":"<p style=\"margin: 0px; padding: 3px 0px; border: 0px; font-variant-numeric: inherit; font-stretch: inherit; line-height: inherit; vertical-align: baseline; \"><span style=\"color: rgb(51, 51, 51); font-family: Arial, Helvetica, &quot;Microsoft YaHei&quot;, Meiry","og:image":"https://old.roi4cio.com/fileadmin/user_upload/SAP_Extended_Warehouse_Management__SAP_EWM_.png"},"eventUrl":"","translationId":603,"dealDetails":null,"roi":null,"price":null,"bonusForReference":null,"templateData":[],"testingArea":"","categories":[{"id":67,"title":"WMS - Warehouse Management System","alias":"wms-warehouse-management-system","description":"<span style=\"font-weight: bold; \">A warehouse management system (WMS)</span> is software and processes that allow organizations to control and administer warehouse operations from the time goods or materials enter a warehouse until they move out. \r\nA WMS handles the orchestration of <span style=\"font-weight: bold; \">tasks </span>involved with:<span style=\"font-style: italic;\"></span>\r\n- Inbound and outbound operations\r\n- Inventory tracking\r\n- Processing orders and shipments\r\n- Inventory cycle counts\r\n- Order processing and shipping\r\nUsing a database that has been configured to support the operation of a warehouse, a warehouse system is a powerful tool to drive efficiency and accuracy across the business.The warehouse management software provides the means of warehouse control, enabling facility managers to have visibility into processes, labor resource activity, and much more.\r\nData involving operational processes flows into the warehouse system software from automated data capture methods such as barcode scanners, mobile computers and RFID enabled devices.&nbsp; The data is then used throughout the system to track inventory through the progression of warehouse processes.\r\n<p class=\"align-center\"><span style=\"font-weight: bold; \">Types of warehouse management systems</span></p>\r\n<p class=\"align-left\">WMS come in a variety of types and implementation methods, and the type typically depends on the size and nature of the organization. They can be <span style=\"font-weight: bold; \">stand-alone systems</span> or <span style=\"font-weight: bold; \">modules </span>in a larger enterprise resource planning (ERP) system or supply chain execution suite.</p>\r\n<p class=\"align-left\">They can also <span style=\"font-weight: bold; \">vary</span> widely <span style=\"font-weight: bold; \">in complexity.</span> Some small organizations may use a simple series of hard copy documents or spreadsheet files, but most larger organizations - from small to medium-sized businesses to enterprise companies - use complex and smart warehouse system. Some warehouse management solutions are designed specifically for the size of the organization, and many vendors have versions of WMS products that can scale to different organizational sizes. Some organizations build their own warehouse software from scratch, but it's more common to implement a WMS from an established vendor.</p>\r\n<p class=\"align-left\">A WMS can also be designed or configured for the <span style=\"font-weight: bold; \">organization's specific requirements</span>; for example, an e-commerce vendor might use a WMS that has different functions than a brick-and-mortar retailer. Additionally, an enterprise WMS may also be designed or configured specifically for the types of goods the organization sells; for example, a sporting goods retailer would have different requirements than a grocery chain.</p>\r\n<p class=\"align-left\">&nbsp;</p>","materialsDescription":"<h1 class=\"align-center\">How does using a Warehouse Management System help a business be more competitive?</h1>\r\nToday, businesses across the supply chain use warehouses to store goods on their way to customers.&nbsp; Whether the goods are destined for consumers, retailers, manufacturers or other business entities, it is important that whatever goods are ordered, shipped and delivered are processed properly, quickly, reliably and accurately.\r\nThe speed at which operational processes are performed, whether in a fulfillment center, third party logistics warehouse or distribution center is often a critical factor.&nbsp; \r\nUsing a WMS products that is appropriate for the needs of your operation can help you optimize operational processes for greater efficiency, enhance labor productivity, provide valuable insight into your operation and enable you to compete for, win and retain clients.\r\nHere are some other reasons why using a management warehouse system gives your business a competitive edge:\r\n<ul><li><span style=\"font-weight: bold; \">Enables stringent inventory management and inventory control capabilities.</span></li></ul>\r\n Helps ensure optimal handling, storage, processing and tracking of inventory. Increased operational efficiency helps keep costs and errors down, critical in attracting and retaining clients.\r\n<ul><li><span style=\"font-weight: bold; \">Real time information visibility.</span></li></ul>\r\nThese days, data is seamlessly transmitted across the warehouse and along the supply chain.&nbsp; Using warehouse software solutions with automated data collection such as barcode scanners, mobile computers or RFID enables the capture and use of vital information for quick decision making and planning.\r\n<ul><li><span style=\"font-weight: bold; \">Automated operations reduce errors, wasted time and inefficiency from manual operations and workarounds.</span></li></ul>\r\nMany warehousing management solutions are now workflow-based or workflow-driven.&nbsp; This means that the WMS can automate the execution of work, step-by-step to ensure greater accuracy.&nbsp; Not only is this important for efficiency and error reduction but also for ensuring that quality control and quality assurance processes are carried out in conjunction with established SOPs.&nbsp; This can prove especially critical when dealing with temperature-sensitive products, fragile inventory and perishable goods.\r\n<ul><li><span style=\"font-weight: bold; \">Speed, agility and reliability of warehouse operations.</span></li></ul>\r\nSpeed and agility are critical factors in warehouse operations and provide keen competitive advantage, especially if you are competing against a rival that is still using a legacy WMS or no system at all.&nbsp; A cutting-edge warehouse management software solutions make use of data to plan, execute and report on operations reliably, quickly and efficiently and can adapt to changing business conditions.\r\n<ul><li><span style=\"font-weight: bold; \">Enhanced workforce productivity, essential to daily operations.</span></li></ul>\r\nUsing a WMS helps provide your business with key metrics to use to properly manage, train and engage with your workforce.&nbsp; Getting the most work done in less time with fewer errors means that there will be less work done researching and correcting errors and billing.&nbsp; This lowers the burden on customer service representatives so that they can focus on providing top quality support.<br /><br />","iconURL":"https://old.roi4cio.com/fileadmin/user_upload/WMS_-_Warehouse_Management_System.png"}],"characteristics":[],"concurentProducts":[],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":[],"materials":[],"useCases":[],"best_practices":[],"values":[],"implementations":[]}],"jobRoles":[],"organizationalFeatures":[],"complementaryCategories":[],"solutions":["Decentralized IT systems","Inability to forecast execution timelines","High costs of routine operations","No automated business processes","Low speed of report generation"],"materials":[],"useCases":[],"best_practices":[],"values":["Generate Business Reports","Reduce Costs","Enhance Staff Productivity","Ensure Security and Business Continuity"],"implementations":[],"presenterCodeLng":"","productImplementations":[]}},"aliases":{},"links":{},"meta":{},"loading":false,"error":null,"useProductLoading":false,"sellProductLoading":false,"templatesById":{},"comparisonByTemplateId":{}},"filters":{"filterCriterias":{"loading":false,"error":null,"data":{"price":{"min":0,"max":6000},"users":{"loading":false,"error":null,"ids":[],"values":{}},"suppliers":{"loading":false,"error":null,"ids":[],"values":{}},"vendors":{"loading":false,"error":null,"ids":[],"values":{}},"roles":{"id":200,"title":"Roles","values":{"1":{"id":1,"title":"User","translationKey":"user"},"2":{"id":2,"title":"Supplier","translationKey":"supplier"},"3":{"id":3,"title":"Vendor","translationKey":"vendor"}}},"categories":{"flat":[],"tree":[]},"countries":{"loading":false,"error":null,"ids":[],"values":{}}}},"showAIFilter":false},"companies":{"companiesByAlias":{},"aliases":{},"links":{},"meta":{},"loading":false,"error":null},"implementations":{"implementationsByAlias":{},"aliases":{},"links":{},"meta":{},"loading":false,"error":null},"agreements":{"agreementById":{},"ids":{},"links":{},"meta":{},"loading":false,"error":null},"comparison":{"loading":false,"error":false,"templatesById":{},"comparisonByTemplateId":{},"products":[],"selectedTemplateId":null},"presentation":{"type":null,"company":{},"products":[],"partners":[],"formData":{},"dataLoading":false,"dataError":false,"loading":false,"error":false},"catalogsGlobal":{"subMenuItemTitle":""}}