A modern Warehouse Management System (WMS) is essential for efficient operations, inventory management, and staying competitive. But how do you know it’s time for an upgrade?
When should you upgrade your WMS?
Let’s explore the key signs, benefits, and considerations when evaluating an upgrade to your WMS.
Low inventory accuracy- If you struggle to keep track of your inventory, orders, and shipments, it may be a sign that your current WMS lacks the necessary visibility and reporting capabilities.
An unreliable WMS will often cause:
– Over-reliance on inventory counts (at least 2-3x per month)
– Incorrect shipments & increased returns
– Order delays and cancellations
– Overstocking and stockouts
– Misplaced or lost inventory resulting in expired product
Growing inefficiency – Are all processes within your WMS straightforward and intuitive? Or do they involve many non-obvious steps.
Common inefficiencies include:
– Heavy reliance on 1-2 veteran staff to find inventory
– Missed opportunities during peak seasons.
– Inability to capitalize on promotions for popular products.
Outdated or Unsupported Software – Failure to keep up with software updates can put your business at serious risk and result in higher cost outcomes.
Some issues you might experience include:
– Limited functionality resulting in time-consuming workarounds
– Frequent system breakdowns
– Complaints over slow system performance
– Costly maintenance requirements
Gartner predicts that by 2025, 45% of organizations will have experienced a cyber attack. An outdated WMS will often have weaker encryption and unsafe security protocols, making it an attractive target for cybercriminals.
Frustrated staff- In most cases, workers on the floor suffer most from the pitfalls of your WMS. Older systems often rely heavily on manual data entry, tedious processes, and creates more work for its users.
Here’s a few examples of what managers might see:
– Excess time spent correcting inventory reports
– Constant input errors and/or missed entries
– Disorganized and sometimes unsafe warehouse spaces
– High employee turnover
Time to consider an upgrade
If you’ve encountered two or more of the above, it may be time to start considering an upgrade to your legacy WMS or ERP.
Upgrading your systems can help you remain competitive, optimize your operations, and ultimately improve your bottom line. Read more here about the main benefits of a modern WMS solution.
For Visual ERP upgrades, we recommend working with a trusted Visual 3rd party partner or consultant. Please reach out and we’re happy to provide a referral for a smooth and successful upgrade.
