There many reasons why a business decides to look at an electronic warehouse inventory management solution. In many cases it’s one event that will finally push the decision makers at a company to take action. This event usually has had a significant price tag associated with it. Here is a short list of events that can create big costly problems in a paper-driven warehouse:
- Loss of one or more customers
- Continued lost sales due to poor fill rates or inaccurate inventory
- Warehouse has run out of space
- Inventory costs are too high
- Overhead costs are out of control
- Inventory accuracy has dropped below an acceptable percentages
- High turnover rate for employees
I know there are more but I’m pretty sure you get the idea. Any event that drives up your costs in the warehouse or contributes to lost sales or worse lost customers are what I consider trigger events that should drive a business owner to look at a WMS.
Don’t make the mistake of thinking your business is too small to consider a WMS. It’s just not the case. And don’t be put off by the price tag. The return on investment of a properly installed warehouse management solution can be astonishing and in most cases a WMS will;
- Increase your profits
- Improve your customer satisfaction
- Increase employee accountability & productivity
- Reduce Inventory problems
- Lower overhead
- Improve warehouse space usage
If finding ways to improve your company’s bottom line makes sense to you, check out a warehouse management solution. You owe it to yourself, your business, your customers and your employees.
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