Change is the constant thing in the world. At times our ROI
is being held up by outdated technology and makes us less competitive.
Customers and suppliers upgrade to new technology as they also face these
challenges. Changing technology products comes with a cost. The benefits that
will be realized by the change must be substantiated. So when to change your
existing warehouse management application to a new WMS is an important question
before every warehouse manager.
It all starts with technology out-date. Newer technology
keeps coming day by day. This may range from RF based picking to voice picking
to RFID tags. As a result companies which adopt these technologies gain benefit
from various quarters including operational efficiency. They tend to stay
competitive in the market.
Technology out-dates lead to unrealistic total cost of
ownership. This is mainly driven by increased cost of support and maintenance
of the applications, reduced return on investments due to operational efficiency
lag.Too many high priority issues appear in the application leading to higher
downtime and less productivity.
Other parties like suppliers and customers also face these
issues with technology out-date. To stay competitive they also upgrade to newer
technologies which requires standardization in operational procedures and
system policies. Customers thus enforce the company to migrate to latest
technology products which offers standardized operational procedures, resilient
architecture and optimizes the productivity of the warehouse personnel.
Whether we like it or not, we are thus enforced to migrate
to newer technology whenever the total cost of ownership exceeds and there is
an upward trend in the support and maintenance costs.
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