If you’re a small business owner, then selecting a warehouse management system should be a top priority for you. If you do not choose the best warehouse management software for business, it would most likely have an adverse impact on the efficiency and effectiveness of your business. And it’s not just productivity we’re talking about. In this day and age, customers have come to expect convenience and data sharing from their logistics service providers.
You need to take the following things into account before buying a warehouse management software:
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- Off-the-Shelf Software
Being a small business, going for an off-the-shelf warehouse management software is the best bet you can make. Research has indicated that the cost of building a functional system can cost anywhere from US$ 500,000 to US$ 25,000,000. Why invest so much when any off-the-shelf software can be deployed needing no more than minimal to no customization.
- Flexible Pricing Model
If you’re looking for the best warehouse management software, you need to find one which has a flexible pricing which charges according to each transaction, number of users and not needing any form of contractual agreement.
- Easy Implementation & Low Operating Costs
The main focus of small businesses is acquisition and retention of customers. They can take advantage of cloud based warehouse management solutions to cut down their costs. This software doesn’t require any implementation or investment and can be accessed easily as long as you have Internet connectivity!
- Warehouse Management Software Core Functionalities
The warehouse management solution which you choose for your business should at least offer core functionalities such as Receiving (the system must be able to generate a receipt and proper labelling for any cargo received in the warehouse; Put-away (the solution must be able to point the warehouse clerk to the right place where the cargo can be stored; Pick-and-Pack (you need to assess and find out which picking process you use the most i.e. full pallet picking, batch picking, carrier picking, etc. and find the solution which supports it; Inventory Tracking (the warehouse management software you pick must be able to effectively track the stocks in the warehouse); Shipping (the system should be able to generate bills of landing, packing lists & invoices) and Reporting (the warehouse management software which you choose for your business must be able to generate reports for inventory, inbound & outbound efficiency, and labor costs).
- Technological Capabilities
Warehouse management systems come equipped with several solutions that help in achieving optimal efficiency and lowering error incidences. Some of these solutions are barcode scanner (help automate data collection process and reduce data entry errors); barcode label printer (complements barcode scanners in optimizing data collection); and Application Program Interface (API) (which help in the integration and exchange of information without human intervention).
The best warehouse management software for business is readily available and all that needs to be done is for you to come and look!