Published 2021-08-03
Keywords
- warehouse management system,
- system dynamic,
- inventory control,
- logistics,
- hardware store
- logistics costs,
- decision,
- WMS ...More
How to Cite
Abstract
representation in the logistics costs of a company. Therefore, any decision made to increase productivity and decrease delivery time is needed. The execution of these operations is relevant to senior management and its implementation must be analyzed with a long-term financial sustainability of the strategy in mind. This study evaluates the economic impact of a warehouse management tool implementation (also known as WMS) in a company dedicated to the distribution of retail and wholesale hardware items. With the help of the dynamic systems tool, it is possible to evaluate the effect generated by the implementation of the project, considering the variables that directly and indirectly affect the cash flow of the company under study. Through the simulation carried out, it is possible to conclude that the warehouse management project has increase the company's cash flow in a period of five years. However, the results are only valid if senior management agrees to strengthen employee training processes and make a greater investment in technology that allows for faster and more efficient logistics processes.
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References
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