Upgrading to a modern WMS is critical if you’re still using manual systems or outdated software. A WMS automates processes, provides real-time inventory visibility, and optimises picking and shipping routes. Choose a system that integrates with your company’s other financial and supply chain platforms and supports mobile devices for scalability. Cloud-based systems are a flexible, cost-effective option, according to SCCG.
This article was first published in the October 1st 2024 issue of Warehouse & Logistics News, subscribe to the magazine by clicking here.
According to the latest research by market intelligence firm Interact Analysis, the warehouse software market is facing a rapid growth trajectory. In 2023, the market was valued at $7.2 billion, and this is expected to soar to $16.6 billion by 2030. Overall, the standalone WMS remains the largest software category.
Investing in a Warehouse Management System (WMS) is a big decision for any company, but when the organisation in question is a SME and transitioning from a paper-based system, it can be especially daunting. One very important consideration is finding a WMS that can scale easily as your company grows. Eric Carter, Solutions Architect at Indigo Software says an WMS should have: flexible integration capabilities, an easy to use and intuitive interface, real-time updates and visibility, support for multiple warehouses and 3PL services, a vendor reputation for customer service and industry knowledge and clear cost analysis and ROI projection.
Nulogy, a leading provider in supply chain collaboration solutions, and Kinaxis, a global leader in supply chain orchestration, have announced a partnership to develop cutting-edge solutions for brand manufacturing supply chain networks worldwide. Kinaxis Maestro is the AI-infused end-to-end supply chain orchestration platform for fast, intelligent decision-making. Trusted by renowned global brands to provide agility and predictability to help navigate volatility and disruptions, the company has been a leader in supply chain planning for over 40 years.
Intangles’ predictive AI systems alerts fleet operators to vehicle issues before a vehicle fault code is triggered. This creates substantial savings in operating costs through improving fuel efficiency and reducing downtime. It also decreases maintenance costs by improving turn-around time with lower costs of repairs.
Choosing the right WMS is a crucial decision that has the potential to streamline warehouse operations, saving time and money.
George Simpson
Features Editor
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