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Advantages: - Track exact stock location within one storage location with FIFO.
- Provides put away functionality for palletizing. etc
- Provides better picking functionality .
- Allows for picking locations with replenishment when falls below a defined quantity.
- Allows segregation of stock types within a warehouse. Disadvantages: - Increased master data maintenance.
- Additional process step for receipt and picking.
- Requires expert knowledge to configure for maximum benefit.
- More complex to resolve problems caused by incorrect processing. Generally WM provide better automation of processes, particularly with RF, but requires more maintain and process discipline. It is recommended that you used WM only if the standard logistics functionality is insufficient for your needs.
Advantages
Real Time Decision support
Performance Monitoring
Shipper / Receiver / Fulfillment provider connections
Exception Status alerts
Capacity and load matching
Transportation Optimization
Wireless updates
Track and traces
Disadvantages
- Complex
-Cost
-Data capture required
- Technical issues .
Advantage of E – Logistics
1. The E-Logistics eases the risk in the relationship amongst the seller and the customer, by ensuring that the right product in the right place at a certain time to specific customer in the global market.
2. E-Logistics offers better productivity, which means productivity for both companies and customers. Individuals seeks to find answers online since it is faster and cheaper, and it costs a lot cheaper expense as well for the company.
3. Comparison of price among a number of providers is possible. Eventually leads the customers to a smart shopping experience with monetary saving.
4. E-Logistics transaction can be hassle free without any needs on stores, infrastructure investment, and other common things. The only requirement is to have a full-fledged website and good customer service.
Disadvantage of E – Logistics
1. The speed of disposal of the product which does not match up to the swiftness of ordering. Specifically, the ordering speed may take a few seconds, however time of disposal of the product is deferred until the delivery of the product, and it can take up to several days.
2. A minority of the customers won’t be buying online as they want to feel and experience the product rather than seeing it in an e-com interface.
3. Maintaining customer service and relationship will be quite demanding.
Advantages
Easier and Faster
Price comparision of the same product with competitor prices
Disadvantages
Data uploading in e logistics software
investment will be high
Advantages of e-Logistics in Warehouse management
It help in customer service management
It help in sourcing multiple orders items from multiple supplies and consolidation.
It help in order scheduling, tracking, inventory fulfillment, Invoicing.
Web based technology gives In-transit information and exception notification.
It helps in Warehouse storage, distribution services and inventory management.
Enhance and improve the order fulfillment pick, pack and shipment operation.
In short it help the organization to manage and optimize performances at every step of fulfillment process,providing advance functionality inside the distribution center across their extended enterprises.
Disadvantages of e-logistics in Warehouse management
Initial set up cost is high i.e. a good number of computer hardware, operating software and e-logistics software are to be procured with required number of operating licenses
Cost for training the employees.
Data must be entered in each stage of movement of goods or activity or process otherwise the benefit of e-logistics cannot be realized.
can't be applied in all the warehouses.
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The Advantages of e-logistics:
Cost Effective- The entire financial transactions will eventually become electronic, so sooner conversion is going to be lower on cost. It makes every transaction through e-commerce payment a lot cheaper.
Higher Margin- E-commerce also enables us to move better with higher margin for more business safety. Higher margin also means business with more control as well as flexibility. You can also save time from the e-commerce.
Better Productivity-Productivity here means productivity for both companies and customers. People liketo find answers online because it is faster and cheaper, and it costs a lot cheaper expense as well for the company.
Quick Comparison- E-commerce also enables you to compare price among several providers. In the end, itleads you to smart shopping. People can save more money while they shop.
Economy Benefit- E-commerce allows us to make transaction without any needs on stores, infrastructure investment, and other common things we find. Companies only need well built website and customer service.
Disadvantages of e-logistics:
Security- Customers need to be confident and trust the provider of payment method. Sometimes, we can be tricked. Examine on integrity and reputation of the web stores before you decide to buy.
Scalability of System- A company definitely needs a well developed website to support numbers of customers at a time. If your web destination is not well enough, you better forget it.
Integrity on Data and System- Customers need secure access all the time In addition to it, protection to data is also essential. Unless the transaction can provide it, we should refuse for e-commerce.
Products people- people who prefer and focus on product will not buy online. They will want to feel, try, and sit on their new couch and bed.
Customer Service and Relation Problem- They sometimes forget how essential to build loyal relationship with customers. Without loyalty from customers, they will not survive the business.
Pros:
1. Faster and easier access to information
2. Faster and easier reporting
3. Fewer human errors and mistakes
4. Built in alerts for KPIs
Cons:
1. Will never substitute for physical inventory count
2. Can not be applied in any warehouse
3. Require computer-literate warehouse/ store keeper
Hello Dear Nisreen,
Profit Margin: Now a days all/mostly transactions are electronically even your paycheck comes in electronic, don't have to wait longer. On that secenario both merchant and customer both are in good positions in terms of margin.
Competition: Everything now a days on fingertip, easy access to any website for quick comparison product and prices. Customer wants to find out about the product as well pricing within a second.
Security: Client/Customers are looking for security and need to be trust and feel comfort in terms of secure payment system.
Organized and easy look up website: Now a days everyone is busy with doing something no matter what? looking for easy access quick1,2,3.
Customer Support: Client/customer need easy to resolve there issues.
Marketing: Marketing is playing a vital role is the best source of advantages or dis-advantages.
The Advantages of E-logistics
1.Better ProductivityProductivity here means productivity for both companies and customers. People like to find answers online because it is faster and cheaper, and it costs a lot cheaper expense as well for the company.2.Quick ComparisonE-commerce also enables you to compare price among several providers. In the end, it leads you to smart shopping. People can save more money while they shop.3.Economy BenefitE-commerce allows us to make transaction without any needs on stores, infrastructure investment, and other common things we find. Companies only need well built website and customer service.4.It makes increase on the numbers of e-commerce customers.
The Disadvantages of E-logistics1.Products PeoplePeople who prefer and focus on product will not buy online. They will want to feel, try, and sit on their new couch and bed.2.Customer Service and Relation ProblemThey sometimes forget how essential to build loyal relationship with customers. Without loyalty from customers, they will not survive the business.
3. Maintenance:
Required a maintenance on periodical cycle which may effect the service levels and delay the processes.
Data must be entered in each stage of movement of goods or activity or process otherwise the benefit of e-logistics cannot be realized.
can't be applied in all the warehouses.
