WMS Selection & Specification Guidelines
With literally hundreds of WMS (warehouse management) suppliers to choose from, selecting the right WMS supplier can be a daunting challenge.
By Bill Hillebrenner, CEI LogisticsConsiderations when selecting a WMS supplier should include:
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Robust Standard Functionality
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Proven Track Record
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Industry Knowledge
It is also critical that the selected WMS supplier have a thorough understanding of the client's business. By selecting a supplier with prior experience in the industry, the discovery process can be shortened, and the supplier's knowledge can be leveraged to arrive at a superior solution.
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Solid Financials
Requirements change. The WMS will have to be modified and upgraded over time to keep up with those changes. Every effort should be made to ensure that the selected supplier will be in business for the life of the system.
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Total Cost of Ownership
When considering the cost of a WMS, the price of the software is just part of the picture. The total cost of ownership over five years is typically two to five times the installed software price. Other factors to be considered include:
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Hardware
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System Integration
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System Maintenance / Upgrades
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Escrowed Source Code
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Change Orders