There’s been an exponential growth in the demand for warehousing particularly in retail, e-commerce and manufacturing sectors. The warehouses today are quite different from the ones in the past. They are much more than just storage spaces with loads of goods neatly stacked. The warehouses nowadays are intelligently designed to ease inventory movement and keep track of thousands of square feet of storage spaces.
To streamline the management, one requires warehouse management software. GEP inventory and warehouse management software is one such advanced system that we‘re going to talk about here. But before that, let’s help you understand a bit about what a WMS system is.
What is a Warehouse Management Software System?
A WMS, warehouse management system is a software that enables businesses and enterprises to hold complete control over warehouse operations. Right from the minute the goods enter the warehouse until they leave, the system tracks and manages everything automatically consequently reducing manual intervention. A WMS system is a key component of supply chain management.
Why Choose GEP Management System?
GEP is a pioneer in AI-powered procurement and supply chain software. GEP Smart direct procurement software, indirect procurement software, and GEP NEXXE supply chain software are some of the key contributions of GEP.
GEP NEXXE software is a single and centralized platform to carry out integrated management for both Inventory and warehouse functions. It is specifically designed to manage the intricacies of the entire system connecting upstream procurement systems and downstream supply chains for enhanced planning and optimization.
The system provides chronological perceptibility of materials as they enter the warehouse, put onto shelves and packed for delivery. The whole objective of the management system is to automate and optimize the functions by gaining control and visibility over inventory. The software has various tools for picking, packing, placing, delivering processes, analytics and much more to manage the warehouse functions with ease.
Here we’ve mentioned some amazing features of the GEP inventory and warehouse management software that’s going to help you decide why you should choose it for your enterprise.
Inventory Management
1. Flawless Inventory Management
A good WMS system is the one that streamlines every aspect of warehouse and inventory management. GEP is a unified management software that integrates both inventory and warehouse management and provides one data model, aligned planning and implementation streamlining everything from beginning to end.
2. Better Inventory Controls
With GEP management software, you can have greater inventory controls with a minimum of manual intervention. Streamline inventory planning and supply chain operations with the advanced management system leveraging powerful AI.
3. Instant & Real-Time Inventory Valuation
Impeccable integration of data with supply chains and finance processes enables you to make real-time calculations of inventory valuation using methods like FIFO, LIFO etc.
4. Real Time Global Inventory Visibility
GEP inventory management software elevates your inventory control by providing you with global and granular inventory visibility across various locations and modes. The user-friendly mobile application allows you to check inbound and outbound inventory on a single dashboard making it a lot simpler.
5. Precise Inventory Accuracy
AI-driven and next-generation data capabilities of this advanced management system provide enhanced inventory accuracy by reducing errors and consolidated orders. Besides, you get lower inventory carrying and shipping costs.
6. Enhanced Collaboration
Enhanced collaborative management of inventory with suppliers helps you get optimal outcomes thereby making this management software the best choice for any enterprise.
Warehouse Management
1. Real Time, Anywhere-Anytime Visibility
You can at any point in time check the warehouse transactions and key tasks. The user-friendly mobile application by GEP allows you to track the data on the go, anywhere anytime.
2. Well Organized and Streamlined Warehousing Operations
GEP warehouse management software streamlines the warehouse operations ranging from receiving to delivering processes. All the key processes are automated with a minimal manual contribution.
3. Precise Audits with Digital Cycle Counts
Digital cycle counts while entry or delivery enables higher speeds and accurate inventory audits in warehouses. Digital counts during fulfilment or replenishment reduce the errors to the minimum.
4. Automatic & Simplified Stock Replenishment
WMS systems integrate tools such as bar code scanning, RFID labelling, AR wearables, ERP, logistics software etc. Automated systems like Optical Character Recognition, voice enabled search and barcode integration make stock replenishment and other functions highly efficient with reduced errors.
Benefits of GEP Management Software
A well advanced and robust inventory and warehouse management system is an essential component for many businesses and enterprises. Here are some more benefits of GEP WMS for your reference to have a better insight into this:
Lower Costs
Better planning and optimization using automated warehouse management software lowers the cost by preventing excessive inventory and stockouts. It helps you know which stock needs to be cleared first to minimize waste.
Improved Accuracy & Efficiency
Real time inventory visibility throughout the supply chain provides better and improved accuracy in various functions including on-hand, on-order, in-transit etc. This system automates and streamlines the processes right from inbound reception to outbound deliveries. This not only helps in smoother operations but also enhances efficiency in handling higher volumes.
Ease of Integration
It provides you with simpler and easier integration with existing ERPs and other inventory or supply chain systems. The advanced and modern platform uses APIs to integrate with other third-party systems.
Simplified Operations
Powerful Artificial Intelligence, automated systems and unified software help you to centralize visibility and management activities. This simplifies stock monitoring, generates recommendation-based replenishment and mitigates disruptions.
Mobile Application for Easy Management
User friendly mobile application is available for Android and iOS devices. This app is compatible with barcodes, zebra scanners and printers. Track and monitor warehouse functions, transactions and all inventory related tasks on the go.
The Bottom Line
Compared to a decade ago, warehouses today are much bigger and spread across larger spaces with vast operations. Managing such warehouses requires efficient inventory and warehouse management software systems. Empower and streamline your inventory and warehouse operations with GEP NEXXE. The AI-enabled software helps you to shorten lead times, optimize inventory, reduce costs and a lot more than this. Using the GEP WMS you can seamlessly carry out management and warehouse operations making your job a lot simpler.
