Is a WMS Too Expensive?

“It’s too expensive.”

That’s a phrase you hear all the time in every area of business. But what does it really mean? Let’s break it down.

The “expensive” part is obvious - something costs a lot of money.  That’s a fairly objective word that can usually be agreed on when describing an item, and by itself is not necessarily a bad thing.
 
The key word in the phrase, however, is “too”.  With that small addition, “too expensive” takes a good or service from just having a high price tag to being something that is not able to deliver a return in value that justifies the time, money, and frustration incurred with investing in that item.

Why the Executive Summary is So Important

A Warehouse Management System is built on the premise that if everyone performs their task right the first time it will make it easier and faster for everyone else throughout the organization. This requires mapping out your scenarios and developing standard operating procedures to handle the daily activities and exceptions that occur in any given warehouse or yard.  Despite the best laid plans, we all know that exceptions and even errors are going to happen in a warehouse environment on a regular basis.

Why 99% Inventory Accuracy Might Not Be Good Enough

Why 99% Inventory Accuracy Might Not Be Good Enough

Many companies think they do not have inventory problems because they are at 99% or better dollar value accuracy.  What we find when you look at the variance reports of a physical inventory is that most companies operating a paper based warehouse are typically 40-60% accurate. This means that if you go out and inventory 100 items only 40-60% will be exactly correct in a typical paper based environment.  These variances throughout a warehouse inventory are costing companies serious money.