Warehouse Management System Flashcards
1
Q
Application of WMS
A
- monitor and handle day-to-day task
- standardize working procedure
- Coordinate order selection
- oversee 3rd party logistics
2
Q
Why choose WMS
A
- customer expectation: online visibility and instant replies
- customer require fast, accurate data exchange
- integrate with company function: Procurement, financial
- real-time information: increase productivity and flexibility
- can be rent for month-to-month
3
Q
Benefits of WMS
A
- inventory visibility: real-time tracking
- Optimized process: economic of scale for repetitive work
- Enhanced security: only authorized personnel can access
- Minimize administrative work: paper work and streamlined data processing
-No limit in scalability: upgrade when needed - improved supplier and customer relationship: right product in right vehicle
- Reduce in labor cost: lower labor intensive work, increased productivity of labor
4
Q
Attributes of WMS
A
- ability to interface with other system, ERP/MRP/TMS/YM
- Scalability and modular: pay for function that is needed and can be upgraded when needed
- Accessibility: online remote, generate performance report and cost-to-serve model
5
Q
Steps of choosing WMS
A
- Form a project team
- Define, record, review and improve current process
- Create a list with key functions requirement
- Incorporate future plans
- List benefits that WMS will bring to the company
- Approach selected vendor and conduct reference site visit
- Product ROI report
6
Q
What is Software as a service
A
- internet based application
- developed, hosted and maintained by 3rd party
- low start up cost/ short term contract/ quick adoption