Is Your WMS Revenue-oriented?
Warehouse Management System (WMS) software must scale up to capture revenue-related information. It needs to capture different types of costs of the warehousing tasks undertaken or space utilized. A WMS must have the capability to define costs and calculate margins to arrive at the exact cost to customers.
Capturing Warehouse Costs and Margins
Apart from the capability to define costs, a WMS must ensure that a margin can be applied to each warehouse cost and an overall margin added above the total cost.
Read
Capturing Warehouse Costs and Margins - Part II
The three types of storage-based costing to define, track, capture and bill customers are storage unit of measure, package unit of measure and fixed rental-based costing.
Read