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What Does 3PL Warehouse Management Software Do?

By Len Bacharach (466 words)
Posted in Warehouse Operations on August 4, 2014

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Managing a warehouse is never easy. It requires precision at every step, from inventory and stocking practices to work flow in retrieving and shipping items. However, these challenges are amplified even more when administering a third party warehouse in a location detached from the operations of your customers. A third party location (3PL) warehouse involves stewarding someone else's goods, inventorying and accessing product from multiple clients side by side, and maintaining a work flow that meets your clients' needs. It's a valuable service, but it's not easy to handle.

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That's where 3PL warehouse management software comes in. Cloud-based SaaS 3PL warehouse management software is designed to enhance and automate the most difficult aspects of the warehouse industry. Benefits include the following:

  • Supply chain management – Shortages from the supply chain are a major problem for 3PL warehouse managers. With cutting edge 3PL warehouse management software, you can keep track of multiple suppliers, make requests instantly, and predict when you will need to restock well in advance. That puts you ahead of other warehouse operators and keeps your clients—and their customers—happy.
  • Configuration and workflow optimization – Setup and configuration are huge issues in any warehouse. Those issues are only compounded when you're dealing with multiple supply streams for more than one client. An un-optimized configuration will lead to slow retrieval and backups in distribution/shipping and can even lead to botched orders. 3PL warehouse management software fixes all of that.
  • Failsafe inventory—designed for multiple owners – Inventory is the gospel of 3PL warehouse management. If you don't know exactly what you have, how many are left, how soon you'll run out, and where to find them, you won't be able to meet client demands and expectations. On the other hand, a streamlined inventory that keeps you ahead of orders is an asset that many 3PL warehouse managers struggle to achieve – but it doesn't have to be! With 3PL warehouse management software, your inventory is automated and easy to understand at a single glance.
  • Accurate billing – When a client calls with a question about their invoice, what do you do? You should be able to offer an instant answer with confidence and, with 3PL warehouse management software, you can. The flawless recordkeeping system allows you to retrieve invoices and transaction information with ease.

Not every warehouse operator uses cloud-based SaaS 3PL warehouse management software, but those who don't are quickly falling behind and face the potential of lost clients as their more efficient competitors outclass them. Does your warehouse use 3PL warehouse management software? How has it changed your operation?

At Core Warehouse, we have the tools and experience necessary to help you make the most of your resources. If you are interested in streamlining your warehouse operations, contact us today at (201) 836-8900!

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