The primary purpose of a WMS is to control the movement and storage of materials within a warehouse. The WMS can data track products during the production process. A warehouse management system, plays a key part in managing the supply chain and is used to control the movement and storage of materials within a warehouse and process the associated transactions, including shipping, receiving, putaway, picking, inventory control, etc.
Currently locators allow up to five segments (Aisle, Bay, Row, Position, and Bin). The two segments namely, Position and Bin are optional. However, if a value for Bin is entered, a value for Position would be mandatory. In other words, you cannot have a locator with a Bin and not a Position.
There are two other fields available; one to represent the "Picking Sequence" and one to represent the "Putaway Sequence." These are used to print the pick list and putaway list with pick and putaway tasks in the optimal travel sequence in the warehouse. Each pick and putaway task is printed in the ascending pick and putaway sequence respectively.
Once a product is assigned to a locator, the locator becomes fixed for the product (and is not floating anymore). The minimum stocking quantity and the maximum stocking quantity can also be defined specifically for the product. The maximum stocking quantity field will represent the maximum quantity (in stocking UOM of the locator) of the product that can be stored in the locator. The minimum stocking quantity value will represent the minimum threshold below which the product will be considered for replenishment. Note that any reference to the term "replenishment" indicates replenishing product(s) from one locator to another within the warehouse.