Many Malaysian businesses struggle with manual stock management, inaccurate inventory levels, and inefficient warehouse operations. This can lead to stock discrepancies, financial losses, and a significant impact on the bottom line. Around 67% of respondents in a survey said they lost customers because they oversold or ran out of stock after taking orders.
Fortunately, a solution exists. The right warehouse management system can bring much-needed visibility, control, and efficiency to warehouse operations. However, with numerous WMS options available in Malaysia, selecting the ideal one can be a daunting task, increasing the risk of making a misinformed decision.
In this article, we provide the best WMS software recommendations to help businesses choose the right software and drive business growth.
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Why Malaysian Companies Need Warehouse Management System
Without a warehouse management system, Malaysian companies face significant risks that can harm their business. Manual management can lead to inventory errors, stockouts, and lost sales. It can also cause inefficient use of space, leading to increased costs.
Moreover, manual data entry can result in mistakes, delays, and miscommunication. These issues can snowball into bigger problems, ultimately affecting revenue and reputation. By using a warehouse wms system, companies can avoid these pitfalls and optimize their operations
In addition, using a WMS can offer many other key benefits for businesses, including the following:
- Increased accuracy: By leveraging automation technologies like barcode scanning and RFID, a WMS minimizes human errors and ensures precise tracking of inventory levels in real-time.
- Improved organization: A WMS systematically categorizes stocks, assigns specific locations, and enhances wholesale distribution processes, making it easy for staff to locate and retrieve items when needed.
- Optimized space utilization: Through strategic planning and efficient storage practices, a WMS optimizes warehouse space, minimizing wasted space and accommodating growing stock volumes.
- Reduced cost: By optimizing inventory levels, minimizing carrying costs, and improving labor efficiency, a supply chain software helps lower operational expenses associated with warehousing activities.
- Higher customer satisfaction: With enhanced accuracy, efficiency, and visibility, a WMS ensures timely and accurate order fulfillment, leading to higher customer satisfaction and long-term relationships.
Top 12 Warehouse Management System in Malaysia
Selecting the right warehouse management system (WMS) for your Malaysian business can be overwhelming, given the numerous options available. To simplify your decision-making process, we’ve compiled a list of the top 12 WMS in Malaysia, highlighting their key features, strengths, and weaknesses.
1. HashMicro Warehouse Management System
HashMicro offers a comprehensive web-based warehouse management software (WMS) designed for Malaysian businesses. With a proven track record in Southeast Asia, this software empowers warehouse managers to streamline operations, leveraging advanced features and seamless integration capabilities.
HashMicro WMS helps Malaysian businesses optimize warehouse management processes, driving efficiency and productivity. It enables end-to-end process management, real-time visibility, and accurate data, resulting in optimal space utilization, improved stock organization, and enhanced productivity.
HashMicro’s WMS is adaptable to various warehouse setups and operations, including distribution centers, manufacturing warehouses, and 3PL warehouses, and can accommodate both perishable and non-perishable items.
Key Features:
- RFID warehouse rack stock automation
- Barcode, lot, and serial number tracking
- Cycle time analysis
- Stock optimizer per warehouse
- 3D view of stock location
- Removal strategy management
- Pick, pack, delivery 3-step route warehousing
- Comprehensive Reporting/Analytics
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Considering HashMicro’s warehousing solutions for your business? Click on the pricing calculator below to get a personalized quote and understand the potential investment.
2. Infor
Infor WMS is trusted warehouse WMS system in Malaysia, offering robust functionality for seamless warehouse operations. Its cloud-native architecture provides real-time inventory visibility, advanced analytics, and automation capabilities to optimize inventory control and order fulfillment.
Features:
- Appointment scheduling
- Order optimization
- Real-time inventory
- 3PL billing and invoicing
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3. Oracle
Oracle warehouse management software streamlines warehouse operations, saving time and cost, and increasing accuracy with error-free functioning. It integrates with NetSuite ERP to manage inventory and operations efficiently.
Features:
- Inventory management
- Supply chain analytics
- Warehouse automation
- Order fulfillment
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4. Zoho Inventory
Zoho Inventory provides an affordable and quick warehouse management system for managing Malaysian warehouse business, offering insights to improve services. It enables stock management across multiple warehouses and delivery from the nearest location.
Features:
- Inventory management
- Real-time tracking
- Stock transfer
- Reporting
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5. Blue Yonder WMS System
Blue Yonder WMS is warehouse management software Malaysia that optimizes supply chain management processes using intelligent algorithms, predictive analytics, and machine learning. It empowers businesses to achieve higher productivity, enhance demand forecasting, and improve order accuracy.
Features:
- Real-time visibility into all warehouse activities
- Inventory management
- Omnichannel inventory management
- Dashboard for continuous monitoring
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6. AC2’s Wave
AC2’s Wave WMS is a cutting-edge warehouse management system that revolutionizes warehouse management in Malaysia. It provides real-time visibility, enhances collaboration across the supply chain, and offers scalability and adaptability for businesses.
Features:
- Warehouse management
- Auto upgrades for new patches and features
- Inventory management
- Integration with e-commerce platforms
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7. Focus Stock Management Software
Focus Warehouse System is a powerful ERP software that optimizes workflow for fast and accurate performance using advanced wireless and barcode technologies. By automating tasks and streamlining processes, Malaysian businesses can improve their overall operational efficiency and reduce errors.
Features:
- Omnichannel order management
- Inventory control
- Warehouse management
- Analytics and reporting
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8. Zap Inventory Management System
Zap Inventory Management System is a multi-channel inventory management software that simplifies and grows businesses, which helps in increasing profits. It offers powerful stock and order fulfillment management capabilities.
Features:
- Bundling and kitting
- Mobile app
- Inventory management
- Warehouse management
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9. Orderhive Warehouse Management Software
Orderhive Warehouse Management Software Malaysia integrates with existing systems to efficiently manage warehouses with centralized inventory tracking, ensuring businesses never go out of stock. It also provides location-based sales data to improve delivery services.
Features:
- Product listing.
- Inventory control.
- Warehousing.
- Payment processing.
- Multi-carrier shipping.
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10. Wasp Inventory Warehouse Management
Wasp Inventory offers warehouse management software for Malaysian companies, which assists in maintaining a smooth flow of warehouse operations, managing everything from pickup to shipping. It enables automatic auditing of deliverables to speed up operations.
Features:
- Asset tracking
- Inventory control
- Warehouse management
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11. Blue Link Warehouse System
BLUE LINK ERP system is a warehouse management system for Malaysian wholesalers and distributors, offering integrated accounting, inventory management, contact management, and eCommerce integration. It provides a backbone for managing warehouses and inventory across the business.
Features:
- Warehouse management
- Lot tracking
- Document management
- Barcode scanning
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12. Latitude WMS
Latitude Warehouse System is a fully featured warehouse management software designed for Malaysian businesses. It offers end-to-end solutions, including returns management, barcoding/RFID, and shipping management, all in one place.
Features:
- Receiving/returns
- Putaway
- Picking
- Customer-specific labels
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Tips on Choosing the Most Suitable Warehouse Management Software
In Malaysia, there are many warehouse management software options to choose from. But, if you pick the wrong one, it can cause problems in your warehouse, leading to delays and lower productivity. Therefore, choosing the right WMS is crucial to ensure your warehouse operations run smoothly and efficiently.
Here are the five tips on choosing the most suitable warehouse management software for businesses in Malaysia:
- Consider the price: When selecting a WMS, consider the total cost of ownership, including implementation, training, and ongoing maintenance costs. This will help you make a more informed decision that fits your budget.
- Assess your business needs: Identify your specific warehouse operations and inventory management requirements to determine the features you need in a WMS. This will ensure you choose a system that meets your unique needs.
- Evaluate scalability: Choose a WMS that can grow with your business, offering flexibility and adaptability to accommodate changing demands and operations. This will future-proof your investment and prevent the need for costly upgrades or replacements.
- Check for integrations: Ensure the WMS integrates seamlessly with your existing systems, such as ERP, OMS, or eCommerce platforms, to streamline operations and reduce data errors. This will enable a more efficient and connected supply chain.
- Look for user support: Select a WMS provider that offers comprehensive training, support, and resources to ensure a smooth implementation and ongoing success. This will help you get the most out of your WMS investment and minimize downtime or errors.
Conclusion
Effective warehouse management involves integrating procurement, inventory management, and finances. The best WMS software should seamlessly connect these modules for a smooth supply chain process.
In Malaysia, HashMicro’s Warehouse Management System is a top solution, designed to streamline warehouse operations with its robust features and high customization capabilities. It integrates smoothly with accounting, procurement, and inventory modules, providing a single platform for efficient workflow.
Discover the benefits of HashMicro for your Malaysian warehouse management needs. Try our free demo today and see how it can enhance your operations!
FAQ about WMS
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What is a ERP system?
Warehouse Management System (WMS) is specifically designed to optimise your warehouse operations. On the other hand, ERP software aims to automate processes across your business, from marketing and sales, human resources, customer service, procurement, inventory management, to financial management.
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What are the four types of WMS?
There are four main WMS solutions available, each catering to different business needs and requirements namely Standalone, ERP Module, Cloud-based, and Supply Chain Module. Each of these solutions differs in terms of features, integration capabilities, and suitability for different industries and business sizes.
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What is the difference between inventory and WMS?
Inventory management focuses on tracking and controlling stock levels, ensuring accurate records of the quantity, location, and status of goods within the warehouse. In contrast, a Warehouse Management System (WMS) not only includes inventory management, but also optimises storage locations, manages picking and packing processes, and improves overall warehouse efficiency.
Essentially, inventory management is a component of WMS, which offers a broader and more comprehensive solution to warehouse operations. -
What are the elements of WMS?
The elements of a Warehouse Management System (WMS) include inventory tracking, which ensures accurate records of stock levels and locations, and order management, which streamlines the process of order fulfillment from receipt to dispatch.
Additionally, WMS includes picking and packing optimization to improve the speed and accuracy of order preparation, and shipping management to coordinate outbound logistics. Other elements are labor management, which tracks workforce productivity, and reporting and analytics, which provide insights into warehouse operations for continuous improvement.
