Implementing a warehouse management system is one of the biggest “bang for the buck” things a business engaged in the distribution of products can do for their business. The profits that can be re-captured when a business becomes more efficient and productive can be staggering. Like wise when a business is not operating at top efficiency, is making to many shipping mistakes and is having problems with inventory accuracy and control it is most likely leaking profits. Sadly this can happen without knowing it. If you think all is well because products manage to get out the door in the warehouse it may be time to take a hard look at the warehouse operations.
Many times when talk with a business, they seem to understand the value in a WMS but can’t seem to see how to make the investment needed to pull the trigger and implement a solution. Here are four areas where a WMS makes a serious impact and can quickly create the return that will pay for a WMS
1. Reduced Stock (Inventory)
2. Reduced or reallocated labor
3. Improved shipping accuracy
4. Reduced space requirements
In the next series of posts we will dig into each of these areas and explore where the money can be found to pay for a WMS solution. For information on our WMS solutions click here. For more information on iCepts Technology Group and our other technology offerings click here.
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