Inventory management is vital to any operation that deals with a significant volume of goods. It must be precise, yet unobtrusive, so that the needed data collection steps do not interfere with operations. Furthermore, an inventory management system should not only let you know the location and quantity of your goods, but enable you to optimize warehouse operations.
A total warehouse management system should encompass all these functions:
ˇ Receiving: Scan goods as they are received to update your warehouse database and financial systems. Electronically confirm receipt of goods with your supplier. Validate shipments against Purchase Orders.
ˇ Shipping: Scan goods as they are shipped to update warehouse and financial systems. Electronically transmit shipment information to customers.