The Cost of Inventory Management System

May 23rd, 2011

What costs do you need to consider when implement inventory management system or software?

It can cost from almost free to several millions of dollars.


1.  Short term investments to consider:

Hardware – Server/Client computer/Printer/Barcode scanner/RFID/Handhelds

Operating system/Database/Server licenses

Application software licenses

Consulting services such as system integration/staff trainings/customization


2. Long term investments to consider:

Annual software licensing fees

Upgrade costs

Potential customization needs

Ongoing support/New staffs training


However, the biggest HIDDEN costs are the people in the organization RESIST TO CHANGE.