Both ERP and WMS are part of supply chain management and help businesses manage their facilities in the most efficient manner possible. They record statistics in real-time in many ways and can be managed on-premises or in the cloud. All of this means that for small to medium sized wholesale and distribution businesses, ERP software is frequently all that is needed.
Warehouse management software can often be a lot more expensive than ERP software. Not every warehouse needs WMS – they’re designed for complex operations, which means that initial and ongoing costs can be quite pricey.
Many ERP systems have the main functionality of WMS systems at a lower price-point. A proper ERP system should be able to manage most requirements at a far more affordable price. Ultimately, a business needs to establish its own individual needs, before embarking on its ERP or WMS journey. There are different levels of inventory management software and it’s best to fully review and understand these needs, before searching for systems – otherwise your organisation could be looking in the completely wrong place.
Interested in beginning your own ERP journey? To get in touch with the team of experts at Neuways, call us on 01283 753 333 or email firstname.lastname@example.org.