Difference between Oracle Inventory and WMS

Both Inventory and WMS modules are used to hold the inventory and do transactions like receiving and picking goods but WMS is more expensive then inventory coz WMS has got some important premium features which is not there in Inventory module.

So to explain the differences are

Inventory without WMS is basically small in size and where the granular level management and information are not required like labor cost, resource cost, etc. For example small shops or small manufacturing units who basically holds the stocks and ship it to their customer where not much of resources involved from warehouse point of view, they can simply fulfil their business requirement by using the Inventory module but if you will consider big transportation companies like UPS, DHL or big retail or FMCG manufacturing companies who manufacture thousands of products and they have their warehouse worked by number of resources, machines maintained by various departments and spread across large locations, they cannot fulfil their business requirement by simply with Inventory module, they need bit more detailed analysis of warehouse resources, cost, efficiency, effectiveness and want to track the time and labour to fulfil the customer demand in a more efficient and cost effective ways then need to go with Warehouse Management System which comes with all these features.

These are the basic features which WMS provides but not in Inventory

• WMS comes with rule workbench which makes warehouse management lot easier and efficient by defining different rules, pick rules, putaway rules, label printing rules.
• WMS provides cost involved in granular level in different tasks like shipping, picking, fuel costs by machine, labour costs, etc.
• From finance or accounting point of view, suppose business maintains a line of products (more than one number of products but in one line, suppose a health care company in its hair care product line makes different products like 100 ml, 200 ml bottles, 10 ml sachets) stores in one subinventory but want to get valuation accounting details for each product. It is not possible by Inventory as in inventory all products are comes under one accounting which is defined in subinventory but the same can be derived in WMS by using cost group rule.
• So in Inventory module, accounting details canot be given down the subinventory level but in WMS it can be derived in many different levels, in locator level, lot level, supplier level, etc.
• Lot more features are there like operation management, task dashboard where warehouse manager can check each and individual resources and how much they are occupied, according he can assign the task to complete in timely and cost effective way which is lacking in Inventory.
• From technology point of view, Mobile devices enabled with RF can be used with WMS, so that means you can do transaction in real time on the go when you do physical movement, you can do the same in system and also get the required label printed on the go. But in Inventory these are two different tasks, you have to physically do the transaction then need to come to the machine and do the transaction in system. In big warehouses where everyday thousands of transactions are happening, this is not a cost effective or efficient solution. But with WMS, all these things will be ease.

What and Why Oracle Warehouse Management System (WMS)

Oracle Warehouse Management System

Oracle Warehouse Management System (WMS) is an advanced inventory module with lot of efficient, unique and enhanced features that improves productivity of distribution centers, manufacturing and inventory handing processes. It supports manual data entry, data entry through barcode scanning and through RFID too.

It enables organizations to maximize their utilization of labor, space and equipment investments by coordinating and optimizing resource usage and material flows across a global supply chain on a single platform.

Key Business Processes supported by Oracle WMS are:

• Inbound Logistics (Receiving from Supplier, Returns, Corrections)
• Outbound Logistics (Picking, Packing, Shipping)
• Reverse Logistics (Customer Returns)
• Stocking and Internal Inventory Movements
• WIP JOB Assembly completion, Component issues

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Broad Based Support for Warehouse Processes

Oracle WMS provides a robust warehouse solutions platform to efficiently manage the flow of goods and warehouse resources across a wide variety of business processes including order fulfilment, manufacturing, field service, inbound logistics-from receipt, inspection to storage, counting and replenishment.

Optimize Warehouse Resources

Oracle WMS enables users to optimize resources such as storage space, labor and equipment using rules based execution. Putaway rules based on configurable parameters like velocity, volume and material classifications. Rules can be used to minimize fragmentation, enforce storage policies, reduce obsolescence or implement other storage restrictions. Similarly pick tasks for outbound orders can be generated considering one or more goals such as reduction in material handling (tasks for full or split cases), reduce travel time (nearest location), minimize obsolescence (FIFO) or other customer specific preferences (grade, color, size, etc).

Advanced Wave and Task Planning

Using wave planning, Oracle WMS can fulfil a large number of orders quickly by streamlining the full execution process. Oracle WMS provides a flexible and powerful planning tool with a dashboard to create, plan and track wave progress, drilldown to task or line level and the ability to configure exceptions to facilitate proactive resolution of issues. Advanced Wave Planning also includes task planning features that can be used to group and dispatch tasks based on an execution criteria.

Planned and Opportunistic Crossdocking

Oracle WMS can identify crossdocking opportunities in the warehouse by matching expected receipts with outbound shipments and manufacturing component requirements using flexible crossdock rules. These rules allow the users to have greater of control over supply and demand eligibility for crossdocking and minimize the product wait time in outbound staging areas before getting crossdocked.

Demand Driven Replenishment to Forward Pick Locations

Oracle WMS offers Push and Pull based replenishments to forward pick area for warehouses to efficiently pick high volume of orders lines. The Pull replenishment feature automatically creates a replenishment task when a potential shortage is detected in the forward pick area. The dynamic replenishment execution capability ensures that pick areas are replenished with minimal oversight and pick tasks are dispatched only when material is available to pick. Push based replenishment allows a warehouse to effectively manage a surge in demand e.g., promotions by replenishing a forward pick area based on future demand visibility of an item.

Improve Loading Efficiency and Dock Door Utilization

Oracle WMS facilitates integrated transportation planning and execution by leveraging the dock door appointments created in Oracle Transportation Management (OTM). Oracle WMS ensures that orders are released based on the dock appointments and material is staged to the correct dock door. Oracle WMS improves trailer loading by recommending loading of containers in the reverse stop sequence of a multi-stop shipping itinerary.

Support for Advanced and Non-traditional Warehousing Processes

Competitive pressures and globalization is forcing traditional warehouses to take on value added services previously reserved for manufacturing and service centers. It is forcing manufacturing centers to take on warehousing and order fulfillment activities. Oracle WMS offers advanced material and resource handling capabilities for these additional business flows.

Repair Services, Returns, Disposition, Teardown and Refurbishment

Oracle WMS also offers the materials management feature set required in reverse logistics operations. Users can define required return product flow to guide subsequent inspection and rework processing (repair, teardown, etc.). This enables users to seamlessly manage reverse logistics operations in the same distribution centers that handle vendor receipts and customer order fulfilment.

Manufacturing, Assembly and Distribution

Oracle WMS provides a seamlessly integrated system for all manufacturing execution processes including repair and maintenance business processes. Oracle WMS supports component picks for discrete jobs and schedules, ingredient picks for process manufacturing batches, parts picks for maintenance work orders and repair orders generated in Enterprise Asset Management or Depot Repair.

Adapt to Changing Needs

To adapt rapidly changing business requirements driven by customers, regulatory bodies, new product introductions, fluctuating demand and global outsourcing, Oracle WMS provides a configurable, rules-based infrastructure that easily adapts to changing business needs and compliance mandates without customization.

Distributed Deployment of Oracle Warehouse Management

Customers can deploy WMS in a decentralized environment that is physically decoupled from rest of the E-Business Suite (EBS), making it possible to leverage the latest features in WMS but with older EBS installation or potentially non-EBS host systems. Distributed WMS also ensures greater availability of WMS instance, it is an “always on” solution that is unaffected by the network connection or the general availability of the host system.

Pick Method Suited for Warehouse Business Needs

Oracle WMS provides flexibility to warehouses to choose a pick methodology that is aligned with the ordering profile of the item. It supports pick and pass, zone picking and cluster picking to reduce warehouse travel. It enables one-step pick and pack directly into shipping cartons thus eliminating downstream packing operations.

Personalized Mobile User Interfaces and Workflow Processing

Oracle WMS facilitates efficient transaction processing by enabling users to configure mobile transaction pages for their specific needs. This allows the user to view or enter only the required information that is needed to complete the transaction for a specific business context.

Rules-Driven Processes

Oracle WMS has, at its core a flexible and powerful business rules engine, which permits extensive tailoring of key WMS processes such as directed picking and putaway, labeling, material routing selection and task dispatching without the need to customize code as shown in Figure 2. This extensible rules based architecture enables key processes to evolve and adapt dynamically.

RFID Enabled

Oracle WMS provides out of the box support for RFID and EPC technology for addressing RFID labeling compliance. EPC’s can be extracted from an inbound ASN and provided on outbound ASN’s to customers. Oracle WMS also provides a flexible framework to automate any warehouse transaction via RFID or any other sensor based on an event detection infrastructure.

Device Agnostic Material Handling Equipment Integration

Warehouse Control System (WCS) feature in Oracle WMS provides out of the box integration with material handling equipment such as conveyors, carousels, ASRSs, pick to light and even voice directed picking systems. Customers can deploy diverse equipments using an open API device integration to request tasks, and receive responses from diverse equipment types. Managerial workbenches enable real-time monitoring of the equipment and provide real-time visibility to the entire automation environment.

Oracle WMS enables organizations to transform their materials management operations to agile fulfilment centers through optimal use of inventory supply and warehouse resources. It leverages a flexible framework that provides supply and demand matching, advanced task management, automation hardware support and support for the breadth of materials management processes frequently required in warehouses, manufacturing facilities and service depots

What and Why Oracle Warehouse Management System (WMS)

Oracle Warehouse Management System

Oracle Warehouse Management System (WMS) is an advanced inventory module with lot of efficient, unique and enhanced features that improves productivity of distribution centers, manufacturing and inventory handing processes. It supports manual data entry, data entry through barcode scanning and through RFID too.

It enables organizations to maximize their utilization of labor, space and equipment investments by coordinating and optimizing resource usage and material flows across a global supply chain on a single platform.

Key Business Processes supported by Oracle WMS are:

• Inbound Logistics (Receiving from Supplier, Returns, Corrections)
• Outbound Logistics (Picking, Packing, Shipping)
• Reverse Logistics (Customer Returns)
• Stocking and Internal Inventory Movements
• WIP JOB Assembly completion, Component issues

Broad Based Support for Warehouse Processes

Oracle WMS provides a robust warehouse solutions platform to efficiently manage the flow of goods and warehouse resources across a wide variety of business processes including order fulfilment, manufacturing, field service, inbound logistics-from receipt, inspection to storage, counting and replenishment.

Optimize Warehouse Resources

Oracle WMS enables users to optimize resources such as storage space, labor and equipment using rules based execution. Putaway rules based on configurable parameters like velocity, volume and material classifications. Rules can be used to minimize fragmentation, enforce storage policies, reduce obsolescence or implement other storage restrictions. Similarly pick tasks for outbound orders can be generated considering one or more goals such as reduction in material handling (tasks for full or split cases), reduce travel time (nearest location), minimize obsolescence (FIFO) or other customer specific preferences (grade, color, size, etc).

Advanced Wave and Task Planning

Using wave planning, Oracle WMS can fulfil a large number of orders quickly by streamlining the full execution process. Oracle WMS provides a flexible and powerful planning tool with a dashboard to create, plan and track wave progress, drilldown to task or line level and the ability to configure exceptions to facilitate proactive resolution of issues. Advanced Wave Planning also includes task planning features that can be used to group and dispatch tasks based on an execution criteria.

Planned and Opportunistic Crossdocking

Oracle WMS can identify crossdocking opportunities in the warehouse by matching expected receipts with outbound shipments and manufacturing component requirements using flexible crossdock rules. These rules allow the users to have greater of control over supply and demand eligibility for crossdocking and minimize the product wait time in outbound staging areas before getting crossdocked.

Demand Driven Replenishment to Forward Pick Locations

Oracle WMS offers Push and Pull based replenishments to forward pick area for warehouses to efficiently pick high volume of orders lines. The Pull replenishment feature automatically creates a replenishment task when a potential shortage is detected in the forward pick area. The dynamic replenishment execution capability ensures that pick areas are replenished with minimal oversight and pick tasks are dispatched only when material is available to pick. Push based replenishment allows a warehouse to effectively manage a surge in demand e.g., promotions by replenishing a forward pick area based on future demand visibility of an item.

Improve Loading Efficiency and Dock Door Utilization

Oracle WMS facilitates integrated transportation planning and execution by leveraging the dock door appointments created in Oracle Transportation Management (OTM). Oracle WMS ensures that orders are released based on the dock appointments and material is staged to the correct dock door. Oracle WMS improves trailer loading by recommending loading of containers in the reverse stop sequence of a multi-stop shipping itinerary.

Support for Advanced and Non-traditional Warehousing Processes

Competitive pressures and globalization is forcing traditional warehouses to take on value added services previously reserved for manufacturing and service centers. It is forcing manufacturing centers to take on warehousing and order fulfillment activities. Oracle WMS offers advanced material and resource handling capabilities for these additional business flows.

Repair Services, Returns, Disposition, Teardown and Refurbishment

Oracle WMS also offers the materials management feature set required in reverse logistics operations. Users can define required return product flow to guide subsequent inspection and rework processing (repair, teardown, etc.). This enables users to seamlessly manage reverse logistics operations in the same distribution centers that handle vendor receipts and customer order fulfilment.

Manufacturing, Assembly and Distribution

Oracle WMS provides a seamlessly integrated system for all manufacturing execution processes including repair and maintenance business processes. Oracle WMS supports component picks for discrete jobs and schedules, ingredient picks for process manufacturing batches, parts picks for maintenance work orders and repair orders generated in Enterprise Asset Management or Depot Repair.

Adapt to Changing Needs

To adapt rapidly changing business requirements driven by customers, regulatory bodies, new product introductions, fluctuating demand and global outsourcing, Oracle WMS provides a configurable, rules-based infrastructure that easily adapts to changing business needs and compliance mandates without customization.

Distributed Deployment of Oracle Warehouse Management

Customers can deploy WMS in a decentralized environment that is physically decoupled from rest of the E-Business Suite (EBS), making it possible to leverage the latest features in WMS but with older EBS installation or potentially non-EBS host systems. Distributed WMS also ensures greater availability of WMS instance, it is an “always on” solution that is unaffected by the network connection or the general availability of the host system.

Pick Method Suited for Warehouse Business Needs

Oracle WMS provides flexibility to warehouses to choose a pick methodology that is aligned with the ordering profile of the item. It supports pick and pass, zone picking and cluster picking to reduce warehouse travel. It enables one-step pick and pack directly into shipping cartons thus eliminating downstream packing operations.

Personalized Mobile User Interfaces and Workflow Processing

Oracle WMS facilitates efficient transaction processing by enabling users to configure mobile transaction pages for their specific needs. This allows the user to view or enter only the required information that is needed to complete the transaction for a specific business context.

Rules-Driven Processes

Oracle WMS has, at its core a flexible and powerful business rules engine, which permits extensive tailoring of key WMS processes such as directed picking and putaway, labeling, material routing selection and task dispatching without the need to customize code as shown in Figure 2. This extensible rules based architecture enables key processes to evolve and adapt dynamically.

RFID Enabled

Oracle WMS provides out of the box support for RFID and EPC technology for addressing RFID labeling compliance. EPC’s can be extracted from an inbound ASN and provided on outbound ASN’s to customers. Oracle WMS also provides a flexible framework to automate any warehouse transaction via RFID or any other sensor based on an event detection infrastructure.

Device Agnostic Material Handling Equipment Integration

Warehouse Control System (WCS) feature in Oracle WMS provides out of the box integration with material handling equipment such as conveyors, carousels, ASRSs, pick to light and even voice directed picking systems. Customers can deploy diverse equipments using an open API device integration to request tasks, and receive responses from diverse equipment types. Managerial workbenches enable real-time monitoring of the equipment and provide real-time visibility to the entire automation environment.

Oracle WMS enables organizations to transform their materials management operations to agile fulfilment centers through optimal use of inventory supply and warehouse resources. It leverages a flexible framework that provides supply and demand matching, advanced task management, automation hardware support and support for the breadth of materials management processes frequently required in warehouses, manufacturing facilities and service depots