If we want to increase our ability to handle customer orders, we must first of all ensure that master data is used appropriately.
Master data is the information that describes a particular commodity in our assortment and allows us to classify it and find it later. It also defines exactly the characteristics of the product that affect its management in the supply chain.
This is especially important when we need precise data indicating how many pieces of a particular commodity are currently in stock, as well as what quantity is actually needed and when we need to replenish shortages.
How important is data collection?
From a logistics point of view, the basis of all operations carried out by the WMS system is the master data for each SKU that occurs in our building. One of the most important pieces of information, in particular, are the dimensions and weight of the product in question. The collection of such critical data is possible with the use of special sizing equipment. With such information, the system can assess which place in the warehouse will be optimal for storing a particular commodity. The seasonality or frequency of product rotation is also extremely important. With basic information about how often a particular SKU is ordered, the WMS will automatically adjust the storage location to meet operational needs.
As we mentioned earlier, assortment management is also extremely important. The supply chain problems highlighted by the COVID-19 pandemic were very often due to both a shortage of goods and an excess of goods in stock. Collecting product volume data is therefore key here. We can achieve this with standard code readers and data collectors for a relatively small number of SKUs. In the reality created by Logistics 4.0, we will most likely operate on a very large volume of products. Collecting masses of data becomes much easier when you decide to use warehouse automation solutions, most importantly automatic scanners or RFID technology.
Master data and WMS system
A professional WMS system stands guard over the operations carried out in our warehouse. However, planning warehouse work without master data is almost impossible within modern logistics. Most of the operational functions in the WMS will not be available unless you enter specific information beforehand. Fortunately, the system itself is able to simplify and shorten this time-consuming process, if only by means of preliminary calculations on data samples with simultaneous analysis.
The WMS itself allows not only a significant reduction in operating costs and the time required for data analysis. Above all, the system improves the efficiency of the warehouse itself, and significantly reduces human error. All this at the same time translates into a perceptible increase in the satisfaction of our customers.