OpenERP warehouse management system is a key part of the supply chain and primarily aims to control the movement and storage of materials within a warehouse and process the associated transactions, including shipping, receiving, put away and picking. The systems also direct and optimize stock put away based on real-time information about the status of bin utilization. OpenERP Warehouse Management System monitors the progress of products through the warehouse. It involves the physical warehouse infrastructure, tracking systems, and communication between product stations.
More precisely, warehouse management involves the receipt, storage and movement of goods, (normally finished goods), to intermediate storage locations or to a final customer. In the multi-echelon model for distribution, there may be multiple levels of OpenERP warehouses. This includes a central OpenERP warehouse, a regional OpenERP warehouses (serviced by the central OpenERP warehouse) and potentially retail OpenERP warehouses (serviced by the regional OpenERP warehouses).
OpenERP Warehouse management systems often utilize automatic identification and data capture technology, such as barcode scanners, mobile computers, wireless LANs and potentially radio-frequency identification (RFID) to efficiently monitor the flow of products. Once data has been collected, there is either batch synchronization with, or a real-time wireless transmission to a central database. The database can then provide useful reports about the status of goods in the OpenERP warehouse Management System.
OpenERP Warehouse Management System design and process design within the warehouse is also part of OpenERP warehouse management. OpenERP Warehouse management is an aspect of logistics and supply chain management.
The objective of an OpenERP warehouse management system is to provide a set of computerized procedures for management of warehouse inventory with the goal of minimizing cost and fulfillment times.
OpenERP Warehouse Management System includes:
A standard receiving process to properly handle a shipment when it arrives. This process can be individualized to each warehouse or product type.
The receipt of stock and returns into a warehouse facility. An efficient OpenERP warehouse management system helps companies cut expenses by minimizing the amount of unnecessary parts and products in storage. It also helps companies keep lost sales to a minimum by having enough stock on hand to meet demand.
Modeling and managing the logical representation of the physical storage facilities (e.g. racking, etc.). For example, if certain products are often sold together or are more popular than others, those products can be grouped together or placed near the delivery area to speed up the process of picking, packing and shipping to customers.
Enabling a seamless link to order processing and logistics management in order to pick, pack, and ship product out of the facility.
Tracking where products are stocked, which suppliers they come from, and the length of time they are stored. By analyzing such data, companies can control inventory levels and maximize the use of OpenERP warehouse space.
Alone OpenERP warehouse management cannot automate the process. It also involves the combination of business process to be followed along with system to achieve 100% productivity and accuracy.