It is possible for paperless warehousing facilities to have payback periods of approximately 18 months.

Question

Quizplus · Accepted Answer

Paperless warehousing facilities involve the implementation of technologies like barcode scanners, inventory management software, and automated data capturing systems to reduce paper-based processes. This can result in significant cost savings over time by increasing accuracy, reducing labor costs, and minimizing errors. Such benefits can translate into payback periods of roughly 18 months. Therefore, the statement is true.

It Is Possible for Paperless Warehousing Facilities to Have Payback