GEP NEXXE Inventory Management and Warehouse Management Software Features in a Snapshot
INVENTORY MANAGEMENT SYSTEM
Greater Inventory Control
Unlock greater control over inventory with minimal manual interventions for streamlined supply chain operations.
Real-Time Inventory Valuation
Enable real-time calculation of inventory valuation through seamless data integration with supply chain systems and finance.
Enhanced Inventory Tracking & Accuracy
Enhance inventory accuracy and reduce errors through AI-driven systems and next-generation data capabilities.
Optimal Inventory Usage
Leverage advanced predictive analytics to optimize inventory usage and availability, and accordingly forecast demand.
WAREHOUSE MANAGEMENT SYSTEM
Real-Time, Anywhere-Anytime Visibility
Track and manage warehouse transactions and key tasks on the go with a user-friendly mobile application compatible with handheld mobile devices.
Accurate Audits with Cycle Counts
Drive greater speed and accurate inventory audits in warehouses with digital cycle counts during fulfillment or replenishment.
Automated Stock Replenishment
Enable highly efficient stock replenishment and receiving with role-based functions, with data points capture through OCR capabilities.
Streamlined Warehousing Operations
Streamline and drive greater automation of key warehouse operations including receiving, issuing, and delivering processes.
Next-Generation Capabilities to Provide Greater Inventory Accuracy and Assurance
GEP’s cloud-based Inventory and Warehouse Management solution leverages powerful AI and a unified software platform to centralize inventory visibility and management activities, monitor stock levels, facilitate demand information, generate recommendation-based replenishment orders and provide an advanced view of potential disruptions.
Seamless Inventory Management Solution
Seamless connection between inventory and warehouse management in one software solution with one data model, aligning planning and execution.
Real-Time, Global Inventory Visibility
Real-time global inventory visibility across various locations, including inbound and outbound inventory, all in one dashboard view.
Instant Inventory Valuations
Real-time calculation of inventory valuation by FIFO, LIFO and other methods with a seamless digital connection to supply chain systems and finance processes.
Simplified Stock Replenishment
Highly efficient stock replenishment and receiving with role-based functions. Captures data points through Optical Character Recognition (OCR) capabilities, voice-enabled search and barcode integration.
Streamlined Warehousing
Streamlines and drives greater automation of key warehouse operations including receiving, issuing and delivering processes.
Ensures Accuracy of Cycle Counts
Digital cycle counts whenever fulfillment or replenishment occurs providing greater speed and accuracy in inventory control.
Mobile Application
Track warehouse transactions and key inventory-related tasks on the go with a user-friendly mobile application compatible with zebra scanners, barcodes and printers.
Ease of Integration
Greatly simplify third-party integration using a modern platform that employs APIs to seamlessly connect with SAP Ariba, Oracle SCM or any other major ERP.
The Unmatched Value of GEP Inventory Management Software
GEP Inventory and Warehouse Management software platform lowers costs by avoiding excess inventory, shortening lead times, preventing stockouts, mitigating disruptions, and improving efficiency and accuracy.
- Real-Time and Global Inventory Visibility
- Streamlined Inventory and Warehouse Operations
- Improved Inventory Accuracy
- Improved Collaboration
- Seamless Integration
Real-Time and Global Inventory Visibility
- Global and granular inventory visibility across locations and modes
- Real-time inventory visibility to tighten up inventory control
Streamlined Inventory and Warehouse Operations
- Streamlined inventory planning and warehouse operations
- Optimal inventory levels maintained with automated supplier replenishment
Improved Inventory Accuracy
- Improved accuracy, reduced errors, consolidated orders, reduced expedited shipping costs
- Reduced inventory carrying and operating costs
Improved Collaboration
- Optimal outcomes through collaborative management of inventory with suppliers
Seamless Integration
- Seamless integration with existing ERPs and other inventory and supply chain systems and data sources
Frequently Asked Questions
A warehouse management software automates warehouse operations, helping enterprises gain control and complete visibility over inventory — thereby streamlining supply chain operations across locations. Real-time visibility also means that an enterprise can cut inventory liabilities and tighten inventory control. An automated WMS in place can manage warehouse operations and limit manual interventions during the movement of inventory from the point of origin to delivery.
A modern, cloud-based warehouse management system:
- Enables real-time inventory visibility across all plants/locations/ERP instances, globally
- Carries out all inventory transactions to capture necessary goods movement
- Simplifies warehouse operations via mobile application, bar code scanning, etc. for quick and easy receiving
- Enables material inspection processes, enabling an enterprise to inspect a sample, upload inspection results and take required action in real time
- Integrates with other supply chain tools to drive optimization across end-to-end supply chain
Warehouse management capabilities are now much more than just providing real-time visibility across the supply chain. Data-driven, AI-enabled warehouse management software can now carry out inventory transactions to capture necessary goods movement and can also perform predictive analysis to optimize inventory usage and availability. Warehouse management in future will get further connected with the supply chain, down to the minute details – enabling end-to-end control and paving way for supply chain transformation. It will become a critical part to build an efficient, resilient and sustainable supply chain.
An advanced inventory management software system adds value with its ability to shorten lead times, optimize inventory, prevent stockouts, and reduce storage costs. With AI-enabled systems that come with next-generation capabilities, enterprises can unlock greater control and visibility of inventory across geographies to streamline supply chain operations and drive value across the supply chain.
The best way to keep track of inventory is to move to a cloud-based software platform with integrated warehouse and inventory management software system. Such systems can greatly simplify warehouse operations via mobile application, bar code scanning as well as device compatibility, allowing material handlers to efficiently receive/issue materials on spot from the warehouse.
