Logistics companies, regardless of their size or type always find inventory control and stock management as cumbersome processes due to lack of proper warehouse tracking systems. Riddled with errors, backlogs, inventory theft, mismatches, wrong item issued, old stock, etc. It is not just about counting your inventory items in your warehouses, stores, or workshops. Purchases or transportation inventory are put into shelves, bins, or stock areas. There may be times when inventory levels are high and storage space is low.
Warehouse tracking systems
Track & optimize Inventory in your logistics warehouse
Transportation and logistics companies usually deal with a lot of inventory be it in their warehouses, and an efficient warehouse inventory management system becomes crucial for their day-to-day operations. The managers will have to get a real-time picture of the inventory on hand, inventory in transit, and inventory in the work process. By having ready access to the inventory levels, the operations team can be planned accordingly and the flow of goods can be managed without
Logistics ERP solutions like Ripples-FMS will have operational advantages just in time inventory management using warehouse tracking systems for supply chain visibility.
Adding job cards, raising spare requests against job orders, managing the purchase of spares, transfer of stocks between branches and warehouses, stock valuation, etc. are some of the crucial aspects in the day-to-day working of any fleet workshops.
The main motive behind having a systematic method is to avoid theft and bring clarity in the quotation, purchase order, and purchases. Multiple levels of approval and checking will give transparency in expenses like purchase
Warehouse tracking systems – Optimize your logistics inventory
Optimizing logistics operations should be the key to any management software in this domain. There is a sequence of the workflow to purchase an item in Ripples-FMS like Quotation – Purchase Order – Purchase Entry. In order to proceed to the next stage, proper top-level approvals are needed. Stock management especially in tire stock management can be done with the help of barcode and brand number generation. The system provides a single-click analysis of the stock values of spares and truck tires in store and in transit. Easy steps can be provided to manage the returns from trucks and purchase returns to the suppliers. This can be done by adjusting the credit notes against the bills. You can read more about our logistics software advantages