You're optimizing your warehouse operations. How can you gauge the ROI of adopting new technology?

When considering adopting new technology for warehouse operations, it's crucial to assess its potential ROI. Analyse how the technology can reduce labour hours & improving efficiency. Assessing if the technology can streamline processes as well as reducing energy consumption, helping maintenance expenses and lowering a business carbon footprint. Measuring how the technology can improve the speed & accuracy of order fulfillment & evaluating if the technology can reduce human errors, leading to fewer mistakes and rework. The reduction in order errors will likely lead to improved customer satisfaction. You may consider how the technology can support future growth & expansion of your warehouse operations throughout multiple business sites.