One of the most difficult challenges in both omnichannel and eCommerce fulfillment is managing and tracking inventory at scale.
Most Third-Party Logistics (3PL) providers serve multiple client businesses, each with its own specific needs, requirements, and processes.
3PL operations are fast-paced by nature and require a state-of-the-art Warehouse Management System (WMS) software solution.
Why? 3PLs depend on effective and efficient warehouse management software to run a complex system of warehouse operations, keep costs low and customer service high, and provide the data transparency their clients need for successful decision-making.
If you’re a 3PL provider, you may wonder how a WMS can make your business more efficient, save time and money, and provide better customer service for your clients.
Let’s dive in.
What is a Warehouse Management System (WMS)?
WMS is a software system that is utilized to effectively manage and track nearly all activity inside the warehouse, ranging from physical inventory management to shipping and receiving, as well as picking, packing, and processing returns.
A WMS increases both the productivity and efficiency of a 3PL company’s warehouse operations by increasing the speed of work routines via streamlined picking, packing, shipping, and reverse logistics procedures.
Additionally, for 3PL companies that serve multiple clients in the same warehouse, a WMS can easily track the inventory of each client or customer.
A WMS can effectively manage eCommerce operations and integrations with shopping cart platforms as well. These state-of-the-art systems are designed to not only communicate with both your customers and vendors but also integrate easily with a wide variety of platforms and software systems, including:
- Barcode Scanning Systems
- eCommerce Platforms such as Amazon and Shopify
- Transportation Management Systems
- Enterprise Resource Planning Systems
- Supply Chain Management Systems
- Inventory Management Systems
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