RSMUS.comIn the dynamic landscape of industrial operations, Warehouse Management Systems (WMS) are pivotal for efficient logistics and streamlined processes. For those engaged in the industrial sector, keeping up-to-date on NetSuite WMS is crucial for staying competitive and optimizing warehouse functionalities. In this post, we’ll explore the benefits, features, and challenges WMS solves.
What is NetSuite WMS, and Why Does It Matter?
NetSuite WMS is a software solution designed to manage and optimize warehouse operations. A Warehouse Management System automates and centralizes key tasks, such as inventory tracking, order fulfillment, and shipping, ensuring a seamless and efficient workflow. Understanding NetSuite WMS is important as it empowers businesses to enhance their supply chain, reduce errors, and ultimately improve customer satisfaction.
What are the Benefits of NetSuite WMS?
There are many benefits to NetSuite WMS that allow users who handle thousands of SKUs to eliminate the manual and inefficient processes that come with warehouse management. Below are some of the benefits of NetSuite WMS:
- Mobile Processing: This allows for improved data capture and accuracy of items, lots, and serial numbers, as well as guiding users to perform tasks, boosting productivity.
- Real-Time Inventory Tracking: Allows for better visibility as items enter, move through, and exit the warehouse.
- Optimal Space Utilization: Ensures products utilize the ideal space.
- Enhanced Order Fill Rates and Accuracy: Utilizes efficient pick paths and multi-order picking to improve fulfillment processes.
- Improved Customer Satisfaction: Allows orders to be delivered quickly and efficiently due to less inaccurate fulfillments.
What Features are included in NetSuite WMS?
NetSuite WMS streamlines warehouse operations using industry-leading best practices, including intelligent pick-and-pack processes, handheld barcode scanning, cycle counting, and integration with shipping systems.
Inbound Logistics:
NetSuite’s inbound logistics functionality enables businesses to streamline the transportation, reception, and storage of incoming inventory. Its intuitive dashboards facilitate overseeing tasks ranging from expediting pending orders and container management to scheduling precise receipt dates. Upon arrival, meticulous inspections and vendor quality tracking ensure that products meet predetermined standards. Conclusively, the putaway process is optimized by implementing predefined strategies, ensuring consistency and efficiency.
Order Fulfillment:
NetSuite’s order fulfillment system guarantees swift and precise delivery of customer orders. Streamlining and standardizing fulfillment procedures enhances efficiency while reducing mistakes for businesses. Using pick-and-pack techniques and strategies, users are systematically led through the fulfillment journey, ensuring inventory adheres to company policies. Establishing a wave release strategy, designating wave status, and selecting single or multiple picking methods gives companies additional flexibility and oversight over order processing.
Mobile Warehouse Management:
NetSuite’s mobile warehouse management application empowers users to execute their daily operations, including receiving, putaway, picking, and packing, all from their mobile devices. This solution liberates employees from desk-bound routines, providing uninterrupted access to up-to-date information about warehouse activities, inventory status, and orders. By leveraging the NetSuite WMS app, businesses can enhance operational efficiency, reduce human errors, and guarantee precise data recording and instant visibility into their operations.
Bin Management:
NetSuite WMS provides comprehensive features for inventory management utilizing bins. Moreover, NetSuite allows locations like retail outlets and small warehouses, which don’t use bins, to leverage the effectiveness of mobile picking without the added burden of bin management.
Cycle Counting:
NetSuite Smart Count streamlines inventory cycle counting, enhancing organizational efficiency and accuracy by automating counts without halting transactions across the entire site. Inventory levels are captured at the commencement of each count for individual items. Smart Count monitors ongoing transactions for counted items, promptly notifying counters of any activity to enable swift and appropriate responses.
How does NetSuite Solve WMS Challenges?
NetSuite WMS solves many warehouse problems, including lack of item visibility, errors inputting data, inefficient use of space, redundant order picking and inaccurate order picking. Listed below are how NetSuite WMS solves these problems:
- Allows users to see the quantities and status of items in real-time, by bin location, as goods enter, move within, and exit the warehouse.
- Orders are received using a mobile device, and item characteristics are inputted at the time of receipt.
- The warehouse layout is optimized by storing fast-moving products near fulfillment centers and grouping like items together.
- Allows users to pick items for multiple orders in a single warehouse pass.
- Uses efficiently designed mobile device workflows to walk users through a step-by-step process for picking each order.
In conclusion, NetSuite WMS is a strong solution for businesses seeking to streamline their warehouse operations and elevate their supply chain efficiency. By integrating features such as mobile processing, real-time inventory tracking, and intelligent pick-and-pack processes, NetSuite WMS empowers users to overcome the challenges associated with manual warehouse management. With enhanced order fill rates, optimal space utilization, and improved customer satisfaction, businesses can expect tangible benefits from implementing NetSuite WMS.
Furthermore, the platform’s inbound logistics, order fulfillment, mobile warehouse management, bin management, and cycle counting functionalities provide comprehensive support across various aspects of warehouse operations. By addressing critical pain points like item visibility, data input errors, space utilization inefficiencies, and order picking accuracy, NetSuite WMS emerges as a pivotal tool for businesses aiming to optimize their warehouse management processes and drive overall operational excellence.
Ready to optimize your warehouse management with NetSuite WMS? Contact us to add on the NetSuite WMS Module or reach out if you have any questions.
Alexa Caputo
Alexa Caputo, an Associate at RSM US LLP, combines her passion for Industrials with expertise in project management and systems like WMS and MRP to drive operational efficiencies. With NetSuite certifications and a Supply Chain degree from Penn State, she's dedicated to enriching client businesses through technology.
