Overcoming Warehouse Management Challenges: Signs you need a better System

1. Inaccurate Inventory Levels

   If you frequently encounter discrepancies in your inventory, such as stock-outs or overstock situations, it may indicate a need for a more robust WMS that can provide real-time inventory tracking and accuracy.
   

2. Inefficient Picking Processes

   If your order fulfilment process involves a lot of manual work, which is time-consuming and prone to errors, implementing WMS can streamline picking processes, optimising routes and methods.
   

3. Poor Space Utilisation

   If your warehouse space is not being utilised efficiently, leading to congestion and difficulty in locating items, WMS can help optimise layout and storage strategies.
   

4. High Labor Costs

   If labor costs are rising without a corresponding increase in productivity, a warehouse management system can help automate processes and reduce labor needs, leading to more cost-effective operations.
   

5. Slow Order Processing

   If you find that your order processing times are longer than competitors, a WMS can streamline workflows and improve speed for order fulfillment.
   

6. Frequent Returns and Errors

   If your customers regularly return products due to incorrect shipping or product issues, a WMS can help reduce errors by improving accuracy in order picking and packing.

7. Limited Scalability

   If your current processes are not easily scalable as your business grows, a WMS can provide the tools necessary to scale operations effectively without sacrificing service quality.

8. Difficulty Managing Multiple Locations

   If you manage multiple warehouse locations and struggle to gain visibility and control over inventory across them, a WMS can centralise information and streamline multi-location management.

9. Challenges in Reporting and Analytics

   If you lack real-time insights into your warehouse operations and rely on outdated methods for analysis, a WMS can provide advanced reporting and analytics capabilities to inform strategic decisions.

10. Inventory Aging and Obsolescence

    If you have issues with aging inventory or products becoming obsolete, a WMS can help monitor stock levels and turnover rates, allowing for better inventory management and decision-making.

11. Incremental Growth with No Technology Adoption

    If your business is growing but you continue to use manual or outdated systems, this can lead to bottlenecks. A WMS can support growth through improved efficiency.

12. Poor Customer Service Levels

    If customers are dissatisfied due to delays, errors, and lack of communication regarding inventory status, a WMS can enhance customer service by improving order accuracy and fulfilment speed.

13. Integration Challenges

    If your existing systems (like ERP, CRM, etc.) do not integrate well with your warehouse operations, a WMS can provide a more cohesive solution and support integration with other platforms.

14. High Inventory Holding Costs

    If you are frequently incurring high costs to store and manage inventory, a WMS can help optimise stock levels, reducing holding costs and improving cash flow.

At AVT – Absolute Vision Technologies (Oracle NetSuite VAR, Partner & SI) we help distribution and manufacturing companies overcome stock management and warehouse management challenges with ERP, WMS & AI software. Please reach out to us to book a complimentary assessment of your needs and improvement recommendations.

Please also consider book-marking the NetSuite Support Services – your go-to resource to submit support tickets and access knowledge base articles. The NetSuite Support Services also contains a direct link to NetSuite’s system status page.

Need more info?

Find out more at the NetSuite Blog page

New to NetSuite?

Oracle NetSuite ERP is a cloud based business platform that provides your business with complete end to end solution and integrated reporting to run your organisation in a streamlined way. With over 32K customers globally, your business can easily deploy and roll out streamlined processes, prebuilt Dashboards, Reports, KPI that can help overcome reporting and operational challenges you are facing today and align your business to meet future needs. Using the APIs, you can easily integrate your ERP data with 3rd Party systems and reduce your data entry administration.

To learn more, AVT – Australia’s Leading NetSuite Solution Provider & Partner has created a complimentary NetSuite ERP Evaluation micro-site to help executives learn more about ERP and its deployment, using pre-recorded process demo videos, White papers and data sheets, so you may evaluate this at your own pace. You can gain access to to the site by completing your Registration in the link: NetSuite Overview Demos.