January 21, 2022

IntelliTrack Releases New ISRP Software for Small and Mid-Sized Warehouses

IntelliTrack Inc., the leading manufacturer of affordable bar code tracking software, has begun shipping its new Inventory, Shipping, Receiving and Picking (ISRP) software for small and mid-sized warehouses.

Hunt Valley, MD (PRWEB) January 21, 2022 -- IntelliTrack Inc., the leading manufacturer of affordable bar code tracking software, has begun shipping its new Inventory, Shipping, Receiving and Picking (ISRP) software. ISRP manages the operations of a small to mid-sized warehouse with four fully integrated functions, one for each main warehouse activity: inventory, shipping, receiving and picking. The software is compatible with a wide variety of bar code data collection devices, including Windows .NET terminals.

"We have many clients who simply do not have the budget for a big Warehouse Management System (WMS). So we developed ISRP to satisfy their needs, and save them money," said IntelliTrack president James Budniakiewicz. “We know of no other software that provides so much functionality for such a modest investment. The whole motivation behind IntelliTrack software is to offer the client an excellent return on their investment, so saving money is our number one goal.” In the event that a customer needs additional features, IntelliTrack offers a complete upgrade path from ISRP to its full-scale WMS products.

ISRP maintains inventory in a variety of business environments. This user-friendly inventory tracking system combines state-of-the-art bar code data collection on a portable data terminal with a sophisticated Windows-based inventory management program installed on a host PC. The IntelliTrack suite of products offers a relational database to ensure data integrity, portable bar code reader integration to maximize data collection efficiency, and bar code label printing capability.

About IntelliTrack, Inc.
IntelliTrack develops bar code and RFID software for business and government applications. In addition to off-the-shelf products, IntelliTrack also creates custom data collection software. IntelliTrack software runs on mobile computers from Symbol Technologies, PSC, Intermec, Socket, LXE, Hand Held Products (HHP), American Microsystems (AML), and Unitech. Based in Hunt Valley, Maryland, IntelliTrack sells software throughout North America, Europe, and the Asia-Pacific region. More than 12,000 copies of IntelliTrack have been sold and accompanied by at least 40,000 pieces of auto-id hardware worldwide. For further information, please visit www.intellitrack.net.

Contacts:
James Budniakiewicz
President
IntelliTrack, Inc.
888-583-3008

Jonathan Hochman
J.E. Hochman & Associates for IntelliTrack
860-233-4219

Posted by Industrial at 12:46 PM | Comments (0)

January 20, 2022

U.S. Warehouse Market Size and Benchmark Pricing Report Released

A recently completed report on the United States warehousing market, complete with price and profit benchmarks, has been released. "An Overview of Warehousing in North America - Market Size, Major 3PLs, Benchmarking Prices and Practices", estimates the U.S. commercial warehousing market at $25.7 billion.

Stoughton, WI (PRWEB via PR Web Direct) January 20, 2022 -– A recently completed report on the United States warehousing market, complete with price and profit benchmarks, has been released. "An Overview of Warehousing in North America - Market Size, Major 3PLs, Benchmarking Prices and Practices", estimates the U.S. commercial warehousing market at $25.7 billion. After-tax profitability was reported at 2.7%

A major part of the report is dedicated to warehouse price and practices benchmarks. Contract and public warehousing are addressed in separate sections. Contract warehouse relationships are measured by operating margins, EBITDA and EBIT. Regional differences are reported for both contract and public operations.

Lengths of contracts reviewed in the study were from 1-7 years. The study found that most contracts have 3 and 5 year terms. Only 9% of contracts were for 1 year and 14% were for more than 5 years.

In the report, components of standard warehouse pricing models are given. The major variables are space utilization, labor, administrative costs and margins. This standard costing methodology is used for both contract and public warehousing. Gain-sharing, single-factor carton pricing and other key pricing elements are explained. Public warehousing pallet handling charges were found to vary regionally from $4.70 to $5.86. Package handling, storage and value-added service charges are detailed in the report.

Expected operating margins and profitability measures are compared to actual results for 3PLs in the study. These relationships are reviewed in detail and in reference to the “Negotiation Zone.” Statistical analyses were performed showing the effects on profitability of open book relationships and leasing versus ownership.

“We undertook this study because we had a Japanese consulting client who wanted to know what and how 3PLs and commercial warehouses were charging for their services in the U.S.,” said Richard Armstrong, president of Armstrong & Associates, a supply chain management consultancy. “There was not a good source available and the only way to get the information was to put out an RFP. Our report is the only public explanation of what the real prices are in warehousing in North America.”

The analysis emphasizes the growth of contract warehousing at the expense of public warehousing. The results indicate however, that profitability is not inherent in either of the models but owes more to company cultures and practices.

The complete study with appendices is available from Armstrong & Associates. It can be purchased over the phone at +1-608-873-8929, or online at: http://www.3plogistics.com/shopsite/index.html.

About Armstrong & Associates: Armstrong & Associates, Inc. is a supply chain management consulting firm specializing in market research, mergers and acquisitions and logistics outsourcing. Armstrong & Associates publishes Who’s Who In Logistics?. Recent research papers include: "The Customers of 3PLs - An Analysis of Armstrong & Associates' Contract Logistics Database" and "Global Logistics Services Providers II". In addition, Armstrong & Associates maintains databases of warehousing companies, freight forwarders, third-party logistics providers, and distributors.

For more information, contact: Richard Armstrong (800) 525-3915

Source:
Armstrong & Associates, Inc.
100 Business Park Circle, Suite 202
Stoughton, WI 53589
Phone: (608) 873-8929
Fax: (608) 873-5509
Website: www.3PLogistics.com

Posted by Industrial at 12:40 PM | Comments (0)