Warehouse Management System
A Warehouse Management System (WMS) is a software application which performs processes that allow organizations to control, manage, support, and administer the warehouse functionality from the entry of goods or materials into a warehouse until they are moved out. best Warehouse Management Systems includes the management of daily planning, organizing, staffing, directing, and controlling the utilization of available resources, to move and store materials into, within, and out of a warehouse, while supporting staff for material movement and storage in and around a warehouse. It also manages inventory management, picking processes, and auditing. WMS can be a standalone application or part of an ERP system. The system manages all day-to-day operations of warehouse activities.
Amazon is the world leader in online retail marketplaces. One of the biggest secrets of Amazon’s moving inventory at great speed lies in the deliberate chaos of their warehouse management. Amazon warehouse virtually stores all its products in-house. To manage the large quantity of inventory effectively, Amazon took a different approach. Amazon created their own order management process and implemented its warehouse technique to enhance receiving, picking, and shipping times.
Amazon Order Management Process (Chaotic Storage)
The Amazon Order Management Process (Chaotic Storage) is a system in which incoming products are placed randomly on available shelving space within a given warehouse with disregard for itemized locations. This method increases warehouse efficiency and streamline processes. Chaotic storage requires a robust and comprehensive Inventory Management System (IMS) and can efficiently manage storage facilities. Inventory management is the hidden secret behind Amazon’s fast order fulfillment, delivery capabilities, and accuracy that every company needs to stay competitive in the market.
Amazon Inventory Management tools help you to get your product rank at the top of Amazon search which is a complicated process. Amazon tool has a number of tools that drive search results to bring the right product to the right customer. There are two inventory options – Fulfillment by Amazon (FBA) – wherein Amazon tells the merchant where to send the product and manages distribution throughout their fulfillment locations. The second inventory option is Fulfillment by Merchant (FBM) – where the merchant manages his own supply chain and fulfillment. The merchant’s size and capabilities will be the determining factors in choosing adoption between the two supply chain solutions.
Ebay Warehouse Management System
The eBay Warehouse Management System drives the growth of your ecommerce business by improving the quality of work and saving time. The eBay Warehouse Management System is built to unburden the ecommerce process.
The eBay Warehouse Management System can keep your inventory at healthy levels by tracking the marketplace within a single dashboard with effective and minimum efforts. It offers different formats for shipping labels compatible with a wide range of shipping carriers. With the eBay Warehouse Management System, stocks are automatically added when you receive goods. You can also create re-order points to notify when you are low on a particular item.
eBay Inventory Management Software on Cloud
The eBay Inventory Management Software downloads orders automatically and adds the orders to the process queue for pick and pack. Any change in actual inventory quantities is synced back to the online eBay store. An eBay stock control system automates the complete packing and labeling process. It saves time and increases profitability by automating the entire inventory, order, shipping management processes, smart picking algorithms, and the mobile scanning functionality.
The eBay inventory management software protects eBay seller status by automating and synchronizing the inventory. Stock levels are automatically adjusted, which minimizes the risk of overselling and account suspension. The automatic stock updates help prevent the risk of a stock out or overselling. The system always maintains an accurate level of inventory and reduces your inventory carrying costs.
The Amazon and eBay inventory management software are designed with literally seamless functioning like an extended arm of the processes. Both, eBay and Amazon stand out as longstanding and major players in the e-commerce marketplace. Both companies operate as online shopping sites, offering visitors the ability to browse through the listed products available for sale or auction through each company’s online storefront. Over time, both companies have evolved to meet changing customer needs. There are distinct differences between the two companies in terms of business models and pricing, services for sellers, and ancillary services for buyers, etc.