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
Potential customization needs
Ongoing support/New staffs training
However, the biggest HIDDEN costs are the people in the organization RESIST TO CHANGE.