Top 10 Warehouse Management Systems (WMS)

Introduction

• Speaker: Eric Kimberling, CEO of Third Stage Consulting
• Purpose: Discuss top 10 warehouse management systems to drive efficiency in distribution companies.
• Methodology: Independent rankings based on criteria like cost, risk, functionality, flexibility, and install base.

Ranking Criteria

• Independent evaluation without vendor influence.
• Criteria included cost, risk, functionality, software flexibility, and install base.

Top 10 Warehouse Management Systems

1. Infor CloudSuite and SCM

• Widely used by mid-market and large organizations.
• Strong in predictive analytics, AI, and machine learning for proactive management.
• More cost-effective vs. larger ERP solutions.
• Downsides: weaker document management and stockout reporting.

2. Oracle WMS Cloud and Oracle ERP Cloud

• Strong integration and flexibility.
• Provides comprehensive analytics and reporting.
• Downsides: transition to cloud ongoing, potential overkill for smaller organizations.

3. HighJump (by Korber)

• Best-of-breed focused on warehouse management.
• Integrates well with other ERP systems like Microsoft D365.
• Downsides: Price concerns, complex needs may require additional systems.

4. Fishbowl

• Focused on small to mid-sized organizations.
• Often used to supplement ERP systems lacking in warehouse management.
• Downsides: Limited for larger or complex needs.

5. Manhattan Associates

• Highly focused on warehouse management.
• Used extensively in retail, omni-channel settings.
• Downsides: Can be too complex and expensive for smaller companies.

6. SAP S4 HANA

• Gold standard for manufacturing and distribution organizations.
• Handles complex, scalable operations well.
• Downsides: High cost, focus on broad ERP solution.

7. Microsoft Dynamics 365

• Strong warehouse management within a broader ERP.
• Familiar Microsoft interface and flexibility.
• Downsides: Lack of robustness, varying reseller quality.

8. 3PL Central

• Best-of-breed focused on warehouse management.
• Handles complex needs like high volumes and docking scheduling.
• Downsides: Limited beyond warehouse management.

9. Softeon

• Best-of-breed warehouse management.
• Benefits from low total cost of ownership, personalized vendor attention.
• Downsides: Smaller install base, limited ecosystem.

10. Oracle NetSuite

• Extensive ERP with SaaS model for easier updates.
• Best for small to mid-sized companies.
• Downsides: Less flexible and less focused on warehouse management.

Final Thoughts

• Variability: What works for one company may not work for another.
• Decision Making: Evaluate specific needs whether WMS only or broader ERP capabilities.
• Resources: Eric provides further resources and contact information for guidance.

Recommendations

• Consider exploring the 2021 ERP report for more insights and best practices.
• Reflect on priorities and organizational needs to narrow down choices.
• Understand if a WMS-only system or an integrated ERP solution is needed.