How much does a Warehouse Management System (WMS) Cost?
A warehouse management system from THINK shouldn’t have to cost the earth.
The pricing of Warehouse Management Systems (WMS) can vary significantly depending on several factors, including the complexity of the operation , the scope of functionalities required, the number of users, and the chosen deployment method. This page will cover what a WMS does, the main types of warehouse management systems, their pros and cons and the factors that determine the pricing of these platforms.
What is a warehouse management system?
A Warehouse Management System (WMS) is a specialized application or platform designed to efficiently manage and optimise warehouse operations. It provides a centralised solution to control and coordinate various tasks related to inventory management, order processing, and overall warehouse logistics. WMS software typically includes a range of functionalities to improve efficiency, accuracy, and productivity within the warehouse.
What are the different types of warehouse management systems?
There are several types of Warehouse Management Systems (WMS), each catering to different business needs and warehouse environments. The main types of WMS can be categorized as follows:
Non-integrated WMS
Non-integrated WMS is a dedicated software solution solely focused on warehouse management. It operates independently of other systems and may have limited integration capabilities with other business applications. Non-integrated WMS is suitable for organisations with specific warehouse needs and do not require extensive integration with existing systems.
Pros
Cheaper, and Quicker implementation time.
cons
Manual data creation, and Duplication of data between systems.
integrated WMS
An Integrated WMS is designed to seamlessly integrate with other enterprise systems, such as Enterprise Resource Planning (ERP) software, Order Management Systems (OMS), Transportation Management Systems (TMS), and e-commerce platforms. This type of WMS facilitates smooth data exchange and process coordination between different business functions, providing a more holistic view of the supply chain.
Pros
Reduced / eliminated manual data creation, and Automatic data updates between systems.
Cons
Additional implementation costs, and Longer implementation roll out.
Cloud-based WMS
Cloud-based WMS solutions are hosted on the vendor’s servers and accessed through the internet. They offer scalability, flexibility, and lower upfront costs, making them attractive to businesses of various sizes. Cloud-based WMS also allows for easier updates and maintenance handled by the vendor.
THINK WMS is deployed using cloud technology
THINK Pricing Explained
Below provides an in-depth breakdown of costs for THINK’s WMS, here we look at set-up costs, users, additional add-ons and implementation fees. THINK’s WMS is priced on an individual basis to meet the needs and requirements of the diverse range of companies we support.
Implementation
Starting From- Project Management
- Basic Process Design
- Data migration
- Go Live support
- Customisation and Integration development
WMS Platform
Starting From- Access to all THINK WMS modules
- Upgrades as required
- Bug Fixes
- Support Desk (Office Hours)
- Cloud Hosting
- Five device licences included
Additional Devices
Per Device- Licensed installation on a desktop or handheld scanner
Integrations
Starting From- Maintenance support fee
- Extended Support Desk Hours
- Bespoke customisations are available
Read more information about THINK’s implementation services. THINK’s wealth of industry experience with a deep routed industry skill set means we can work with your business to provide the most intuitive WMS on the market. Get your staff trained and operational within 45 minutes – it really is that user friendly.
Are you worried that a warehouse management solution will be too expensive, or that you will be trapped in a long contract? To arrange a demo or discuss your requirements, give THINK a call on 0330 350 0715, email enquiries@tkinv.com or complete the Quick Quote form below. We can work with your business to help save you money and drive down costs.