Insight from Clydebuilt: 5 things that may happen if you don’t upgrade your warehouse system

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  1. Slip behind the competition. Working in a fast paced industry that is constantly changing, who wants to remain competitive and embrace new technologies to attract more lucrative business?
  2. Increased overheads. As your existing system is becoming more fragmented you need more staff to fill in the cracks. The end result is more staff doing the same amount of work as before. Ideal situation for keeping people in work, but not very cost effective.
  3. Business performance remains stagnant. You are working harder than ever to keep your business afloat, but no matter what you try you just can't get sufficiently above the break-even point to be able to expand.
  4. Processes slow down. Your customers become more demanding, asking you for complex reports detailing their stock and transaction information. As this information isn't readily available, you spend valuable time accommodating their requests.
  5. Existing customers move. Some companies may be in a position where existing customers make them 'comfortable'. There is no pressing need to acquire new customers; everything is ticking along nicely. Think again, this not a sustainable way of working. As your customers speak to peers their requirements are likely to change, if you don't upgrade your warehouse system - can you adapt to these changes?

It's a bleak outlook. Let's flip this inside out, turn it on its head, and see what may happen if you decide to invest in a warehouse management system for your business.

Your business processes speed up, enabling you to retain and acquire new lucrative contracts without increasing your personnel overheads. You are able to able to compete successfully with your competitors, and keep your existing customers happy by bringing the latest technologies to them. You accelerate your business growth and performance, meaning that you will realise a tangible return on investment quicker than you ever anticipated. It makes good business sense.

 

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