Warehouse Management System ROI

INNOVATION = GROWTH

"HowToInnovate HowToImplement"

 You make the call! Which is easier:

increasing sales
WMS ROI Calculator Contact
OR

decreasing operating costs

 

Both have a major impact on the bottom line -- end result is to increase sales while keeping expense growth down to a proportionate degree. Please review this table then contact us to run your numbers through an ROI calculator.  

Process

HowToInnovate
Integrated WMS

Return on Investment

inefficiencies managing
paper pick tickets

order dashboard /
RF or voice picking

Decrease Costs

random inventory storage

optimize storage

Decrease Costs

receiving to paper PO

handheld RF receiving
to PO real time

Decrease Costs

difficulty locating product

real-time RF inventory moves for your complete inventory visibility

Decrease Costs

shipping errors resulting in credit memos & customer complaints

RF shipping verification to the actual order

Decrease Costs
Increase Sales

inefficiencies throughout the shipping process

increase fulfillment speed /
reduce overhead

Decrease Costs
Increase Sales

misplace product

handheld RF realtime bin or location transfers

Decrease Costs

physical inventory time consuming

increase inventory accuracy

Decrease Costs
Increase Sales

serial & lot tracking and shelf life requirements

serial & lot tracking visibility

Decrease Costs

reduce credit memos

RF shipping Verification to the actual order

Decrease Costs

slow inventory turns

RF or voice increases fulfillment speed to reduce overhead / increase turns

Increase Sales

freight costs

reduce expedited freight costs

Decrease Costs

RFID requirement

integrated RFID

Decrease Costs
Increase Sales

 

Many of these both decrease costs and increase sales - DOUBLE BONUS!

Together, let's look at whether a WMS system can positively influence your bottom line by increasing efficiencies, thus reducing costs. To schedule or further discuss please Contact Us; put a software professional on your team.

 

Integration Tool: More about EXTOL Business Integrator to integrate WMS to your ERP

 

HowToImplement integrated WMS

  • Do your due diligence, perform an ROI calculation and keep that ROI focus

  • Document your goals and objectives / the problems you need to solve

  • Work closely with your vendor's implementation team to design the process

  • Create a thorough implementation project plan

  • Break it down into manageable pieces. Early successes = buy-in from your team

  • For a fluid install have a pre and post implementation plan to manage the production environment (go-live)

  • Test every function of the WMS to verify the setup; further testing is needed if modifications are required

  • Training users when they are not responsible for warehouse functions to get their full attention

  • Give your people pre-implementation practice time to get comfortable with the technology

  • Document procedures for later retrieval by end users

  • Assign personnel to manage the go-live that will work with users and troubleshoot