Warehouse management systems are not all alike. While a warehouse management system (WMS) may include features that handle inventory and warehouse processes, they may not have the specific capabilities needed to handle specialized inventory such as precious metals, high value cargo (inventory) or high value sensitive cargo (inventory). Datex FootPrint ® WMS is a state-of-the-art system developed to meet the needs of handling and storing specialized inventory, providing the high level of inventory detail, tracking, accuracy, security and other features required
How Datex can help solve challenges in the precious metal and HVC industry.
In today’s challenging economic times, individual investors, governments, institutions, brokers, trustees and others have come to rely on third party precious metal storage vaults for the safekeeping of precious metals, currency, coins, bullion and other valuable inventory. Handling valuable specialized inventory requires the sophisticated technological tools found in Datex FootPrint ® WMS. Whether the inventory is bulk, serialized or Lot controlled, our warehouse management system can provide the security and accuracy needed while also facilitating enhanced operational efficiency.
Inventory from precious metal storage customers can be housed in a variety of “containers”, such as bins, shelves, packages, vaults, etc. and labeled as license plates with bar codes. Datex FootPrint ® WMS has enhanced tracking capability including Lot, serial and Master Air Waybill (MAWB) number tracking and can capture and record variable weights. The system can hold inventory in customer specific custody accounts, restrict or allow mixing of inventory in specific locations-all based on rules and requirements developed by the 3PL storage provider for each client. Datex FootPrint ® WMS can be used manually or in combination with radio frequency (RF) or radio frequency identification (RFID).
Inventory security features of Datex FootPrint ® WMS are vigorous. The system provides an internal tracking system with full audit trail capability designed to meet strict requirements. Audit reports are available to assist in providing documentation for “chain of custody” and “chain of integrity” requirements. The system can restrict inventory to specific locations, provide signature capture and restrict system access and inventory handling on a per user basis. For added security, the system can be used with license plates with RFID, with readers strategically placed to read RFID tags. In addition, Datex FootPrint ® WMS can be connected to cameras. As inventory is received, cameras can record the process so that a video feed that is time and date stamped can be provided.
Inventory can be transferred between vaults, owners and warehouses. Using a warehouse management system for precious metal storage provides more efficient operations, accurate data and leads to more satisfied precious metal storage clients. Any kind of file, including photos can be attached to any order or shipment and file attachments can be retrieved quickly.
Precious metal storage vault clients can be provided with real time information access and reports via an optional ePortal. Users can use standardized reports or create customized reports by “dragging and dropping” fields into the formats of their choice. Rather than depend on static hard coding that is costly to alter, Datex FootPrint ® WMS is based upon “workflows”, a set of activities that are joined to form a business process governed by logic. This makes WMS business processes much easier and less costly to change. Datex FootPrint ® WMS supports multi-currency and is multi-lingual.