WMS Management Software – WMS

Shopping guide for Warehouse Management Software – WMS

What is a Warehouse Management Software?

WMS Warehouse Management Software is a tool that allows organizations to  f the movement of inventory, orders and personnel so that organizations achieve operational excellence.

A WMS manages many of the functions of inventory tracking, picking, receiving, and shipping software. But also, it provides comprehensive visibility of an organization’s inventory in real time, this allows monitoring whether its inventory is overstocked or understocked, which can indicate if the company is wasting money on certain products that are not purchased. In turn, it is responsible for organizing, supervising and monitoring customer orders throughout the supply chain to reduce the margin of error and achieve high levels of satisfaction.

Currently, the potential development of e-commerce and omnichannel strategies, highlight the fundamental use of Warehouse Management Software. It is designed to be flexible enough to serve different channels equally and, in this way, achieve visibility of the entire inventory of a company and manage the operations of all channels from the cloud.

WMS Software Examples

Here are examples of wms software, with different features that can be adapted to your business and some benefits of warehouse management software:

Intelisis ERP

Intelisis is the best ally for any business in the automotive, retail, manufacturing and any sector that needs warehouses, since it has the ability to increase the profitability of your business and solve any technological challenge that may arise in the company.

Advantages:

• 100% operates in the Cloud
• Its implementation is easy and intuitive
• It is a Spanish WMS software, aimed at the Latin American public.

Netsuite ERP

Netsuite ERP is one of the most complete software on the market as it covers all the basic processes like accounting, customer contact management (CRM), enterprise resource management (ERP) and even inventory management.

Advantages:

• It is a powerful yet flexible ERP
• It is available in more than 160 countries
• Operate from the Cloud
• Intuitive and easy to implement

Infor WMS

Designed to be easy to configure and intuitive to use, this warehouse management software is perfect for boosting your warehouse to the latest technology standards.

Advantages:

• 3D visual analysis
• Comprehensive storage
• Available in 14 languages
• Modern UX

Bind ERP

This platform is aimed at those who want to take control of their business, perhaps enter e-commerce or even if they are interested in digitizing their company processes.

Advantages:

• Cloud Based
• All-in-one platform (sales, purchase, manufacturing, inventory, accounting, wms, finance, payments)
• Intuitive design for easy implementation
• Cutting edge technology

Rosmiman IWMS

It is a global system for asset management, ROSMIMAN® IWMS & Services Global Site integrates the use, operation, maintenance, security and sustainability of your real estate assets into a single software platform. Fully adaptable to the needs of each client and project.

Advantages:

• 25 years of project implementation experience
• Adapts to current market needs
• Access without connection

Most popular features

The main functions of the wms software, we can find:

• 3PL Management
• Shipping management
• revenue management
• Barcodes/RFID
• Quality management
• Forecast
• various locations
• Reporting/Analysis
• Purchasing cycle management
• Picking processes.
• Consolidation/Roll-Up
• API integration
• inventory audit
• inventory control
• Mobile warehouse management

Warehouse Management Software Pricing

The price models of the WMS software are conditioned by the number of warehouses or by the users that will have access to the software.

Additional Fees:

– WMS deployment form: SaaS or on-premise

The choice of one or the other has a direct reflection on the price of the WMS, since the initial investment to install the software with the on-premise version is considerably higher compared to the cloud architecture formula, but it will be necessary to take into account also account how the costs of wms software behave in the long term.

• Saas model: the client pays a monthly rent per license, without having to assume the total cost at the initial moment
• On-premise model: the warehouse management system is installed on a server that is physically located in the company and the licenses to use the WMS remain the property of the client forever.

Warehouse size:

As the size of the store increases, the complexity of the WMS will increase. The software will have to provide more features for larger warehouses. Therefore, depending on the size of the warehouse, you will have to choose the functions.

Functionalities included in the WMS

The warehouse management system has a wide variety of common inventory operations. These are grouped into three different plans (Basic, Standard and Enterprise): the more complex it is, the more features it will require. In this sense, it is essential to analyze in detail the needs of the deposit.

Implementation

It should be noted that the start-up of a WMS involves a laborious adjustment task to adapt the system to warehouse operations, in addition to integrating it with the ERP and other software that is already being used in the company.

The price models of the WMS software are conditioned by the number of warehouses to manage and, for the most part, are grouped as follows:

Basic Plan: 1 to 2 warehouses: $10,000 $30,000 – 1500 – 1750 – 20 – 75

Standard Plan: 3 to 4 warehouses $30,000 50,000 – 1,000 76- 160

Enterprise Plan: More than 5 warehouses More than $50,000 – 900 More than 160

Number of licenses

The number of operators in the warehouse determines the number of licenses that will need to be hired. Each of these licenses also includes the updates that are made to the software.

In conclusion

In conclusion, modern WMS makes it possible to track and guide every stage of warehouse operations, allowing companies to drive efficiency, improve productivity and personalize satisfaction, eliminate costly failures, and even more easily hire new employees.

When selecting some software of this type, do not forget to consider the additional costs and the number of warehouses you want to manage.

Entering ComparaSoftware you will be able to find different warehouse management software options and make comparisons with each other to find out the software that best suits your company.

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