Software Connect’s Warehouse Management Software Buyer Trends – 2018 Report is out, and it offers revealing insights into what WMS buyers are looking for. This report includes data from 116 WMS buyers recorded over the course of two years. The industries they represent include distributors of durable and nondurable goods, made-for-stock and job shop manufacturers, food and beverage distributors, medical distributors, and transportation. Let’s get into the biggest takeaways from the report.
WMS buyers are looking for warehouse management software for a variety of reasons. We’ll go through each of the reasons given in the report and show how Fishbowl Warehouse is a great solution for each of them.
Need More/Better Features (39 Percent) – Check out the list of Fishbowl Warehouse features, and see for yourself if it fits the bill. You will probably find that it is exactly the kind of thing you are looking for.
Replace a Dated System (20 Percent) – Fishbowl offers advanced warehouse management features, which can grow with your business so you can keep using it for many years instead of learning a new system every few years.
Automate Existing Process(es) (16 Percent) – Fishbowl is a business automation platform, allowing you to set up auto reorder points and much more to automate all sorts of business processes.
Need Better Integration with Another System (11 Percent) – Fishbowl integrates seamlessly with a number of desktop versions of QuickBooks, as well as QuickBooks Online. And that’s just scratching the surface of its many software and hardware integrations.
Improve Efficiency (8 Percent) – Fishbowl gives you and your employees the tools to make even more efficient use of your time in the warehouse.
Consolidate Multiple Systems (8 Percent) – In addition to WMS, Fishbowl offers manufacturing, barcoding, shipping, ecommerce, point of sale, server hosting, and online time clock solutions that all integrate with each other.
Improve Accuracy (7 Percent) – You can perform cycle counts and instantly update inventory records with the scan of a barcode with Fishbowl Go. Plus, Fishbowl’s integration with QuickBooks ensures your accounting records perfectly reflect all changes you make to your inventory system.
One quarter of WMS buyers are looking to replace QuickBooks. To break it down further, 16 percent are replacing QuickBooks Enterprise and a further 9 percent are replacing other versions of the software. With Fishbowl, these buyers can keep using QuickBooks for their accounting while integrating it with Fishbowl to add all sorts of advanced inventory management features that link directly to their financial records.
Single or Multiple Locations
Forty-six percent of WMS buyers (the biggest proportion of the bunch) have one warehouse, 28 percent have two warehouses, 9 percent have three warehouses, 4 percent have four warehouses, and 13 percent have five or more warehouses. Fishbowl is ideal for all of these setups. If you have one warehouse, you can use Fishbowl to manage inventory in that location. If you have two or more warehouses, you can monitor sales and ordering trends at each one and quickly create transfer orders to send goods between locations if one is running low on certain items while another has a surplus.
There is no question which method of inventory tracking WMS buyers prefer. A whopping 73 percent want barcoding while just 7 percent want RFID. With a combination of Fishbowl Go and Fishbowl Manufacturing or Fishbowl Warehouse, you can generate barcodes, print them, and scan them to help you keep track of all of your inventory items. In fact, Fishbowl offers a free Barcode Generator that you can use right now to create as many barcodes as you like for your parts and products.
Good News to Report
There is a lot of good news in Software Connect’s report on WMS buyers. If you are looking for WMS that can meet your needs both now and in the future, allow you to stay with QuickBooks, manage inventory in multiple locations, and give you access to barcode inventory tracking, look no further than Fishbowl. It can fit just fine within your budget and save you a lot of time and money as you see your warehouse efficiency go through the roof!