In today’s fast-paced world, warehouses are not only your company’s storage spaces. They can directly influence the efficiency of your supply chain and help you to grow more. Today, many companies are choosing warehouse management software with real-time tracking to optimize their logistics tasks with ease. 

The right real-time stock tracking system can help small and medium-sized businesses a lot. It can automate lots of routine tasks and reduce errors, eventually offering better visibility. One efficient option that you can trust is FOYCOM’s smart WMS. It can easily blend in real-time tracking with some attractive designs as well as strong integration tools. So, let’s see why inventory management is more important than before. 

Let’s see the common challenges that you may face while managing your warehouse without real-time tracking. 

If you don’t have real-time updates, your stock records will become outdated quickly. This will result in several issues. Such as misplaced or lost items, mismatch in stock, or even over-ordering of items. 

In manual procedures, human errors are inevitable. So, if you make a single mistake in packing or picking, this will lead to incorrect shipments and, eventually, unhappy clients. 

Delays in orders or incorrect fulfillment of the order happen when the warehouse teams do not have live data. This situation leads to corrections, refunds, and most importantly, loss of trust. 

If you don’t have a unified system, your warehouse, sales, and finance teams may not be able to work properly. This will lead to unwanted miscommunication, along with missed opportunities and duplicate work.

FOYCOM offers smart Warehouse Management Software that can easily address all these issues smoothly. It offers a suite of tools that are developed for ease of used, real-time efficiency, and of course, smart integration. 

The WMS of FOYCOM can offer a dashboard that is mobile-responsive. It can allow warehouse staff to easily track, update, and even successfully manage inventory on the go. This can increase productivity just by eliminating the need for paper-based systems. 

Integration is vital for seamless business operations. The solution called real-time sync, offered by FOYCOM can help with this. It can offer real0time sync between sales channels, inventory levels and also accounting systems. Even if your sale is made online, the WMS of FOYCOM can update inventory in real time. This will eliminate double entry and other discrepancies. 

THE WMS of FOYCOM is developed with the end-user in mind. So, even non-technical staff can be trained quickly through its intuitive interface. 

With FOYCOM, companies can set up custom workflows as well as automation rules. All these can be tailored as per the certain needs of different companies. 

With FOYCOM, managers can enjoy real-time data and insights. Thus, they can easily pick speed and error rates, along with inventory turnover rates. When a company’s decision-makers can use important data they can drive continuous improvement. 

A powerful WMS can offer accurate and live updates across all operations. Some interesting features of a powerful real-time warehouse management system are: 

With Barcode and RFID, companies can scan their items instantly. Thus, tasks like receiving, picking, and packing items become very easy. This can ensure that they enjoy fewer manual errors, real-time inventory updates, and also verification of stock movements almost instantly. 

When you have a cloud-based WMS, you can easily access data from anywhere and anytime. Even if you have multiple warehouses all your members will remain connected with the help of a centralized system.

In your warehouse, you will easily track the movement of your each and every item. This will include steps like picking, packing, and even shipping of your items. 

You will get to use a mobile-friendly WMS app. It will allow your warehouse employees to scan items and check stock levels with ease. Also, they will easily update orders as well as receive real-time notifications. 

A functional WMS must be able to integrate with your already existing tech stack. So, with FOYCOM, you can enjoy out-of-the-box integrations. You can enjoy efficient ERP software, POS systems, and also functional eCommerce platforms. 

With FOYCOM’s WMS, you can resolve all your inventory issues. Thus, you will get notified when your products will approach expiration, stocks will drop below a defined threshold or even irregular movements of products. 

Let’s go through the top benefits of choosing a functional real-time warehouse management system like FOYCOM’s: 

With real-time tracking, companies will get up-to-date information on inventory or stocks. This will reduce the chances of stockouts or overstocking. 

With you can automate workflows, your team can enjoy instant order updates. Thus, they can pick, pack, and ship quite fast. This will eventually boost customer satisfaction. 

With digitalized stock handling and technologies like barcode and RFID, you can minimize manual input. This will eliminate scopes for manual errors as well as fewer returns and re-shipments. 

You can automate repetitive tasks like assigning orders, updating stocks, reporting, etc., with a robust WMS. Thus, you can easily save labor costs and time. 

With a functional WMS, you can enjoy instant visibility of all the things that are happening within your warehouse. This will help you to make some authentic data-driven decisions. 

You can enjoy multi-location support and sync inventory across all warehouses.

Some industries that may benefit from using efficient warehouse software with barcode scanning are: 

These companies can manage inventory across several sales channels. Moreover, they can offer lots of real-time insights. This will avoid stockouts or overselling. They can even enjoy fast and accurate workflows for picking, packing and shipping items. 

Real-time WMS can help these companies by helping to track product batches as well as expiration dates automatically. It will send alerts for your spoiled stock. With a functional WMS, these companies can enjoy detailed traceability for recalls and audits. 

These companies can use an efficient WMS and ensure correct item picking via RFID or barcode scanning. They can simplify SKU tracking just by effectively managing variants. 

Both these industries can enjoy benefits like managing thousands of SKUs with detailed metadata with the help of a real-time WMS. Also, they can prevent the shipment of incorrect products. 

With a WMS, these industries can always support multi-client inventory segregation. Also, they can track orders, along with workflows in real time. 

After implementing the abilities of inventory software for e-commerce brands, you can enjoy several interesting results. Those include:

● 80% fewer manual stock errors.

● 50% faster order fulfilment.

● 30-40% operational cost savings.

● Better staff productivity and warehouse utilization than before.

● Notable improvement in customer satisfaction scores.

FOYCOM can make your operations efficient without the need for bulky, enterprise systems. Its interface is intuitive. Hence, you can always streamline your workflows and train all your employees with ease. 

FOYCOM includes integrated ERP, POS, and CRM modules. Thus, you can easily manage your operations, inventory, and even sales with ease. The team of FOYCOM can offer localized support. This will ensure your worldwide growth.

FOYCOM offers some flexible pricing plans that will perfectly scale with your workflows. So, to enjoy several important benefits, you can always trust FOYCOM. For a detailed idea, just book a free demo of FOYCOM and enjoy amazing control over your warehouse.

With efficient Warehouse management software, you can ensure the success and brand reputation of your company. Just trust FOYCOM and enjoy the results of successful inventory management for small businesses.