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MRP is a system used to calculate the detailed amount of raw materials, basic materials, or components needed to produce a product in a company. Generally, the MRP system is used by manufacturing companies whose main business activity is producing goods. With MRP software, companies can accurately estimate the raw materials needed, along with the exact quantities and details during production, up to the delivery scheduling process.

A good warehouse management system doesn't just ensure that product stock is available in your warehouse. But it also ensures that products received by customers are still in good or acceptable condition, this is also part of a warehouse management system. Here are 10 ways to build a good warehouse management system for your company.

Both Barcode and RFID systems have been widely implemented by companies to simplify the process of recording and managing stock. This technology replaces manual stock management processes that are prone to several risks, such as inaccurate data or quantity discrepancies.

In warehouse management, there are several storage and stock release methods used to optimize stock flow and reduce the risk of losses due to expired or obsolete goods. In general, there are three main methods commonly used in stock management: FIFO, FEFO, and LEFO.

Dead stock is a term used to describe goods that remain unsold or cannot be sold within a certain period for various reasons. For example, damaged or expired products, seasonal items, or incorrectly shipped products.

reorder point is a specific threshold at which the inventory of a certain item in the warehouse must be replenished before it runs out.

Stock opname is the activity of counting the available stock of goods in a warehouse, conducted to ensure that the recorded stock data aligns with the actual physical condition in the field. Generally, this activity is carried out during the inbound or outbound processes of goods. Stock opname must be conducted meticulously and carefully so that the results are accurate and useful for improving company operations.

RFID is a wireless technology device that has the ability to identify specific targets or objects, read, and input data through radio signals. An RFID device consists of two parts to operate: an RFID scanner and an RFID tag.

ABC Analysis is one of the methods for measuring warehouse management performance by grouping inventory based on product value or turnover rate. This method is generally implemented by companies to determine warehouse management priorities and to identify which types of stock generate the most profit.

A Warehouse Management System (WMS) is software specifically designed to support all aspects of a company's warehouse management. This includes the processes of receiving, moving, and dispatching goods in the warehouse. As a result, the flow of goods in the warehouse becomes controlled, faster, and more cost-efficient.