circumstances be so significant that shift reductions are not uncommon after the implementation of a WMS. Inventory Accuracy Providing the customer with the goods they want, at the time they want them will be facilitated in no small way by a WMS. System driven routines monitor stock levels accurately and can be responsible for placing timely orders that ensure stock is always available to the customer. An inventory that can be depended upon means that an organisation can reduce inventory levels to the bare minimum and see the benefit of reduced operating costs as a result. In some organisations those costs can be reduced by as much as twelve percent. Maximise Use of Facilities As a business expands it needs to be capable of managing larger volumes of inventory throughput. This need not mean going to the expense of bring new warehousing on stream. Although it’s important to understand what a Warehouse Management System is, a WMS can sit at the heart of a function that is optimised to make the maximum use of facilities. The ability to manage inventory more accurately translates into a better use of existing facilities. Automated routines for stock rotation and picking also mean there is a decreased requirement for space, leading to more efficient use of existing facilities. Effective Management Control Real time reporting from a well implemented WMS can provide warnings of stock control issues in advance. Historical productivity reports can be used to provide intelligence based System of warning reports that make costly mistakes less likely. Effective Management control in this way provides opportunities for enhanced customer service. Backordered inventory can automatically be released, picked and delivered according to a customer’s exact requirements. A good WMS will also provide a rigid backbone for any distribution or stock control operation. The rigid backbone can then be used to drive further process improvements in areas once thought to cost ineffective to address. As fewer steps in an operation remain informal there is decrease in the need for training and lower error rates. Even with the significant investment in technology a WMS can bring significant improvement to an organisations profit levels through efficiency and quality improvements as well as overall improvements in Management control. The Benefits of Agile Software Development Agile methods grew out of the real-life project experiences of leading software professionals who had experienced the challenges and limitations of traditional waterfall development on project after project. The approach promoted by agile development is in direct response to the issue associated with traditional softwaredevelopment both in terms of overall philosophy as well as specific processes. Agile development, in its simplest form, offers a lightweight framework for helping teams, given a constantly evolving functional and technical landscape, maintain a focus on the rapid delivery of business value (i.e., bang for the buck). As a result of this focus, the benefits of agile software
development are that organizations are capable of significantly reducing the overall risk associated with softwaredevelopment.In particular, agile development accelerates the delivery of initial business value, and through a process of continuous planning and feedback, is able to ensure that value is continuing to be maximized throughout the development process. As a result of this iterative planning and feedback loop, teams are able to continuously align the delivered software with desired business needs, easily adapting to changing requirements throughout the process. By measuring and evaluating status based on the undeniable truth of working, testing software, much more accurate visibility into the actual progress of projects is available. Finally, as a result of following an agile process, at the conclusion of a project is a Software System that much better addresses the business and customer needs. The diagram below displays the differences between agile and waterfall development processes. By delivering working, tested, deployable software on an incremental basis, agile development delivers increased value, visibility, and adaptability much earlier in the life cycle, significantly reducing project risk. Vehicle Tracking System A GPS vehicle Tracking System will consist of a tracking device placed inside a vehicle along with a central server and software that lets the user track the fleet from headquarters. The information is relayed using geostationary positioning satellites that give any fleet vehicle's speed, position and direction of travel. The device inside the vehicle transmits its realtime position on regular intervals at all times. The interval is usually around every one to two minutes depending upon the GPS manufacturer's and owner's preferences. Benefits of Vehicle Tracking System 1. Vehicle tracking Systems can help to reduce running costs by specifically targeting those who speed and waste fuel. By focussing upon these drivers it is possible to not only reduce fuel and maintenance bills, but to also reduce insurance premiums. 2. By using a System's automatic mileage reminder it is possible to reduce time wasted through vehicle maintenance. In addition, by having a service that ensures your vehicles are regularly serviced means that resale values for the fleet will also be higher. It can also help to avoid penalties for issues such as bald tyres and tax as reminders are clear and precise. 4. Productivity of workers can be increased by being able to keep track of lunch hours, exposing unauthorised stops and breaks and by evaluating the overtime requests of workers. By having detailed information on the whereabouts of vehicles at all times, it is far easier to keep an eye on employee activities.
The increasing focus on the allegiance to compliance policies and security is the major factor boosting the growth of the global IT asset management software market all around the world. Other key factor propelling the global market growth is the need for centralization and automation of IT frameworks.