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Warehouse Management Module

Warehouse Management Module

Quickly understanding the price associated with every logistics element of your supply chain allows you to control your costs with finesse. Pricing elements within transportation and warehousing can fluctuate based on any number of factors: weather, market conditions, or demand. With so much volatility, on the fly adjustments can make or break margins. The inventory you have on hand is your most direct means of controlling for risks and optimizing costs. It’s your business’s shield; how much agility can you sacrifice for greater protection? HakiTaak Real-time Warehouse management system allows you to maximizing your ability to respond to demand fluctuations while holding onto your buffer against emergencies. Data flow from the cloud gives you infinitely more precise control over your inventory levels. Remember, costs in the supply chain are quickly compounded down the value stream making even a slight savings through real-time pricing an enormous win

 

More Efficient use of available Warehouse Space

In addition to reducing safety-stock requirements, HakiTaak WMS can often increase available warehouse space by more efficiently locating items in relation to receiving, assembly, packing, and shipping points. This increased efficiency can both improve productivity and lower inventory holding costs significantly

Reduced dependency on warehouse personnel

Implementing the comprehensive HakiTaak WMS facilitates standardization of inventory movements, picking methods, and inventory locations. This standardization helps to minimize reliance on informal practices, resulting in reduced training costs and lower error rates.

Faster inventory turns

HakiTaak WMS can reduce lead times by limiting inventory movement and improving the accuracy of inventory records, thereby supporting a JIT environment. As a result, the need for safety stock is reduced, which increases inventory turnover and working capital utilization.

Enhanced Customer Service

By streamlining processes from order to delivery, companies can more accurately determine product availability and realistic delivery dates. HakiTaak WMS can automatically identify and release back-ordered inventory and also can reduce returns as a result of increased shipment accuracy

Improved labor productivity

Companies can use HakiTaak WMS to capture relevant data (e.g., frequency of movement, specific locations, etc.) to systematically schedule personnel for cycle counts. Such cycle counts not only can improve the accuracy of inventory records for planning purposes, but also can eliminate or reduce the need for complete, costly physical inventories

 

Improved cycle counting

Companies can use HakiTaak WMS to capture relevant data (e.g., frequency of movement, specific locations, etc.) to systematically schedule personnel for cycle counts. Such cycle counts not only can improve the accuracy of inventory records for planning purposes, but also can eliminate or reduce the need for complete, costly physical inventories

Effective Management Control

Real time reporting from our well implemented HakiTaak WMS can provide warnings of stock control issues in advance. Historical productivity reports can be used to provide intelligence based system of warning reports that make costly mistakes less likely. Effective management control in this way provides opportunities for enhanced customer service. Backordered inventory can automatically be released, picked and delivered according to a customer’s exact requirements. HakiTaak WMS will also provide a rigid backbone for any distribution or stock control operation. The rigid backbone can then be used to drive further process improvements in areas once thought to cost ineffective to address. As fewer steps in an operation remain informal there is decrease in the need for training and lower error rates

Even with the significant investment in technology the HakiTaak WMS can bring significant improvement to an organisations profit levels through efficiency and quality improvements as well as overall improvements in management control