Overview of how outlet and warehouse mapping works in ERP

Overview of how outlet and warehouse mapping works in ERP

 Overview of how outlet and warehouse mapping works in ERP 

 

Here's an overview of how outlet and warehouse mapping works in ERP:

 

Defining outlet and warehouse locations: The first step is to define the physical locations of outlets or stores and warehouses. This includes the layout of the outlets or stores and the layout of the warehouse.

 

Assigning locations in the ERP system: Once the physical locations are defined, the next step is to assign each outlet or store and warehouse location a unique identifier in the ERP system. This can be done manually or through the use of barcodes or RFID tags.

 

Linking inventory data to locations: Once the locations are assigned in the ERP system, the next step is to link inventory data to each location. This includes the type of product, quantity, and other relevant information.

 

Updating inventory movements: As products are received, moved, or sold, the ERP system is updated to reflect the inventory movements across the outlets or stores and warehouses.

 

Analyzing inventory data: With outlet and warehouse mapping in place, it is easier to analyze inventory data in real-time. This includes tracking inventory levels, identifying slow-moving or fast-moving products, and optimizing replenishment and restocking processes.

 

Improving order fulfillment: With real-time inventory data, it is easier to fulfill orders quickly and accurately. Outlet and warehouse mapping in ERP helps to streamline the supply chain, reducing lead times and improving customer satisfaction.

 

Overall, outlet and warehouse mapping in ERP helps to optimize inventory management, streamline the supply chain, and improve order fulfillment. By accurately tracking inventory movements across outlets and warehouses, businesses can reduce costs, increase efficiency, and improve customer satisfaction.

 

Suppose a business has multiple stores in multiple cities and every outlet generated indents to their respective warehouses, in this case city wise warehouse & store mapping is an essential part of the implementation. Let's say ABC corporation has 8 outlets & 2 warehouses in total out of which 1 warehouse & 4 outlets are in Chennai and 1 warehouse & 4 outlets are in Kolkata. The mapping should be done properly like the below screenshot:

 

 

Benefits:

 

There are several benefits of outlet and warehouse mapping in ERP (Enterprise Resource Planning).

 

Here are some of the key benefits:

Improved inventory accuracy: Outlet and warehouse mapping helps to ensure accurate inventory levels in real-time. This helps to prevent stock outs and overstocking, reducing the cost of carrying excess inventory.

 

Streamlined order fulfillment: With accurate inventory data, businesses can fulfill orders more quickly and accurately. Outlet and warehouse mapping helps to optimize the supply chain, reducing lead times and improving customer satisfaction.

 

Reduced labor costs: Outlet and warehouse mapping helps to reduce labor costs associated with manual inventory tracking and management. With automated inventory tracking in ERP, businesses can streamline their inventory management processes and reduce the need for manual labor.

 

Enhanced visibility into inventory movements: Outlet and warehouse mapping provides businesses with enhanced visibility into inventory movements across outlets and warehouses. This helps to identify slow-moving or fast-moving products, optimize replenishment and restocking processes, and improve overall inventory management.

 

Improved decision-making: With real-time inventory data, businesses can make more informed decisions about inventory management, supply chain optimization, and order fulfillment. Outlet and warehouse mapping in ERP provides businesses with the data they need to make informed decisions and drive growth.

 

Overall, outlet and warehouse mapping in ERP helps businesses to optimize their inventory management processes, reduce costs, and improve customer satisfaction. By providing real-time visibility into inventory movements across outlets and warehouses, businesses can make more informed decisions and achieve better business outcomes.