1 / 3

Difference between ERP Software and Warehouse Management Systems

Warehouse management is mostly used to manage and streamline inventory movements and storage of items within warehouses. It helps in tracking the movement of each inventory item which includes received items, picked, shipped, packed and put away. One of the main differences between the Warehouse Management System and ERP software is Warehouse Management helps in providing intelligence in terms of inventory movement optimization within a warehouse on real-time information.

lingueerp
Download Presentation

Difference between ERP Software and Warehouse Management Systems

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Difference between ERP Software and Warehouse Management Systems When it comes to Inventory management terms like Enterprise Resource Planning Software and Warehouse Management system often used. Although ERP software consists of features regarding warehouse management, they are not the same thing. There are a large number of areas that set these systems apart. Therefore, it is essential to understand the meaning and differences between these two terms before going to a software provider company. However, both ERP software and Warehouse Management system are considered to be the backbone of any wholesale and distribution business. Without them, your business would not be able to function

  2. smoothly. This blog will put a light on the differences and similarities between ERP software and warehouse management system. Warehouse management is mostly used to manage and streamline inventory movements and storage of items within warehouses. It helps in tracking the movement of each inventory item which includes received items, picked, shipped, packed and put away. One of the main differences between the Warehouse Management System and ERP software is Warehouse Management helps in providing intelligence in terms of inventory movement optimization within a warehouse on real-time information. Users can easily generate accurate reports in order to indicate the right location of items that are based on trends and historical data. Not only this, but the warehouse management system also helps in dictating the location of items within a warehouse as well on the basis of a shelf and bin utilization. Some additional features of the warehouse management system include: The capability to set non-stocking and stocking locations of items in order to indicate the actual count of inventory movement while separating allocated products and available products of an existing order simultaneously. It also helps in setting up stocking location ratings and priorities in order to improve the efficiency of picking items. It offers precise inventory movement tracking of items such as from shelf, cart to particular stations and so on. It also consists of cross-docking features that help employees in offering the ability to ship and receive products without putting them away. However, the warehouse management system can only manage warehouse operations and it doesn’t offer other functionalities associated with customer relationship management, accounting, human resource department etc. Therefore, most companies go for an integrated version of WMS with ERP software. However, various small businesses don’t even require WMS feature as an advanced version of ERP software usually come with built-in Warehouse Management System that is appropriate for small businesses. On the other hand, ERP software helps in automating various business operations across all areas of an organization such as accounting, purchasing, warehouse management, customer relationship management, order entry and processing, inventory management and e-commerce integration. Due to all the functionalities included in single software, ERP accounting software in India has been rapidly increasing its popularity. The main goal of an Enterprise Resource Planning software is to streamline the flow of operations amongst all functional departments of an organization. However, one of the most complicated things between an ERP software and Warehouse Management Systems is ERP offers various similar functionalities as of WMS such as warehouse management and inventory management features.

  3. For instance, ERP software will help you in tracking down the processes of inventory management as the products being received, packed, shipped and picked but it will certainly not help you in order to make a warehouse layout. If your organization needs accounting management along with inventory management and customer relationship management, then going for ERP software would be an ideal solution for your business. Although ERP software consists of WMS functionalities as well not on a larger scale. Linguee ERP is considered to be one of the best ERP software in India due to its services and features. Source:https://lingueeerpsolutions.wordpress.com/2020/10/23/difference-between-erp-software-and- warehouse-management-systems/

More Related