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By AZ Advisory Team, October 5, 2009 10:10 pm

While companies with extensive supply chain management requirements look forward to the economy recovering but are still cautious to expend too much funds or has limited sources to finance their operations look into shared warehouse services. For investors and warehouse property owners/managers, now is the time to look into this commercial real estate class and ramp up shared warehouse services.

Implementing a Warehouse Management System will increase the business value of your warehouse or shared warehouse as it increases accuracy, reduction in labor costs, provides seamless category management   and a greater ability to service the customer by reducing cycle times.  The setup requirements of WMS can be extensive.  The characteristics of each item and location must be maintained either at the detail level or by grouping similar items, locations, and clients/users into categories.

A lot of other modules are being added to WMS packages. These would include full financials, light manufacturing, transportation management, purchasing, and sales order management.  Adding these functionalities will also help you run your warehouse with much efficiency.

Alex Zylberglait is constantly on the lookout for good investments in the warehouse class.

Alex Zylberglait provides commercial real estate investment advisory as well as research, estate planning, asset allocation, valuation, financing, special assets services, transaction advisory and commercial property acquisition and disposition services.