The different and the same thing in warehouse management system vs inventory management system, what you need to know about?
11/Jan/2024
Introduction
If you are coming from the point of view of Automatic Identification Data Capture (AIDC) industry, you will be led to the view Warehouse Management System (WMS) and Inventory Management System (IMS) carry the same meaning because of the objective of both system from AIDC view is to capturing object identity.
However, if In-depth research studies on the difference between both industry modules, you can easily find out the difference between both. As well as find out the similarities between both.
When your organization warehouse size is still small (able to be virtually view by you and your colleague), warehouse management and inventory management bring not much different for your organization at this moment, however it will be matter when the size of the warehouse grow, your team size grow, your warehouse number grow, or your inventory number grow.
Below is the comparison chart:
| Module | Warehouse Management System | Inventory Management System | | Object Master Listing | Yes | Yes | | Shelf or Bin Master Listing | Yes | Yes | | Label Printing Module | Yes | Yes | | Receiving Module | Yes | Yes | | Delivery Module | Yes | Yes | | Return Module | Yes | Yes | | Reporting Module | Yes | Yes | | User Management Module | Yes | Yes | | Picking Optimisation | Yes | Optional | | Cross Docking Optimisation | Yes | Optional | | Loading Bay Optimisation | Yes | Optional | | Picking Labor Optimisation | Yes | Optional | | Kitting Optimisation | Yes | Optional | | Demand Forecasting | Optional | Yes | | Total inventory management | Optional | Yes | | Serial Number Management | Optional | Yes |
Summaries
Warehouse management control more focus on the individual warehouse operation which include the manpower allocation, shelf or bin arrangement, optimization for all the activity happen in the warehouse. Inventory control will focus on the object moving in and out from the organization premises and give overall inventory object value for the management. However, because of the demand and requirement from the customer, warehouse management software will try to fulfil the customer demand in inventory management requirements and via versa. This is the reason both terms are used interchangeably in the AIDC sector.
by:
pang
|