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Warehouse Management

Warehouse Management

Warehouse management is a key part of the supply chain and primarily aim to control the movement and storage of materials within a warehouse and process the associated transactions, including shipping, receiving, stocking and picking.

RFID based systems can provide various functional benefits to the supply chain- Warehouse management systems utilize Auto ID Data Capture technology, such as barcode scanners, mobile computers, wireless LANs and potentially RFID to efficiently monitor the flow of products within the system. Once data has been collected, there is either batch synchronization with, or a real-time wireless transmission to a central database. The database can then provide useful reports about the status of goods in the warehouse. Real time analytics are increasing in importance to solution seekers.

The objective of a warehouse management system is to provide a method to automatically receive inventory, process orders, and handle returns within a single overall application system. The key benefits of an Active RFID implementation within the supply chain are as follows:

·         Aids in lean practices by reduces inventory- RFID enable real-time monitoring of inventory and goods using active RFID technology

·         Improves resource utilization by optimizing of warehousing space and assets

·         Improves the efficiency of logistics in the areas of shipping, receiving, storage and retrieval operations to eliminate operational disconnects

·         RFID lowers OPEX (operating expenditure) by reducing in material handling and costs owed to labor

·         Active RFID implementation improves material handling and associated asset utilization

·         A CSAT or customer satisfaction score is of utmost importance to Operations Management- RFID systems improve order fulfillment which in turn leads to increased customer satisfaction

·         Improves RMA logistics and lowers turn around times

·         Increases accuracy of on-time production and promise date delivery by tracking tooling, materials and production

·         Effective inventory tracking eliminates cycle counts

·         Reduces rework by monitoring exact matches across equipment, tools, operators and products

·         Enhances coordination of complex assembly & distribution across multiple production lines or sites

·         Improves load balancing within and across multiple production lines through accurate equipment and material status visibility

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