Warehouse management systems (WMS) are an important software solution for any company with fulfillment, inventory management, and shipping needs. That includes both third-party logistics providers involved in warehouse operations and e-commerce shippers. It only makes sense, then, that Warehouse Management Systems would begin moving into the Cloud. Cloud service, the ability to provide access to applications and assets without internal infrastructure or hardware, is expected to grow 18.4% in 2021, with the industry raking in an astounding $304.9 billion in revenue.
Though Cloud-based systems have similar capabilities to on-site WMS, Cloud-based systems will sometimes utilize a software-as-a-service (SaaS) model, a subscription model that does not require a huge upfront investment. This model is beneficial to fulfillment centers of all sizes, because it’s quick to install and easy to scale, without demanding a download or requiring a vendor to gain access to a company system. Because of this seamless deployment, it’s perfect for companies that have a network of distribution centers. Additionally, with improvements in bandwidths and technology, the nanosecond response expectation within an automated fulfillment center is non-issue.
Originally, transportation services were the part of the supply chain that utilized Cloud-based computing to connect with the supplier, the manufacturer, and the end consumer, etc. However, that has all changed in recent years. More and more warehouses are adopting cloud-based solutions because of the capabilities provided, such as new functionalities to already existing warehouse management systems.
The advantages of Cloud implementation are numerous, but the quick implementation and low upfront fees make delivery flexible, and since vendors handle all the tech, there is less work expended on a warehouse’s IT staff. And with more and more warehouses having to support ecommerce orders instead of traditional pallet-moving, Cloud-based systems are the best option. Robotic solutions also play a key role in warehouse technology shifts, which will need to be aligned with existing WMS systems. That’s where companies like 6 Rivers come in, which connects AI automation with Cloud-based software.
But how does a good, cloud-based Warehouse Management System affect retailers’ and their bottomline? A cutting-edge WMS will include AI management and integration to a full suite of solutions. Project Verte’s WMS reduces implementation cost by 60% and was created to react to shifts in demand, regardless of sales channel. Our systems improve inventory management, so retailers will know weeks ahead when and they’ll be out of stock; it also enables cycle counting to ensure quality control. Moreover, we can process orders faster with same-day dispatch and optimize shipping costs, to get goods to brands’ customers as quickly as possible.
The combination of AI automation and an innovative WMS also decreases human mistakes, so retailers’ customers will never receive the wrong package. We can also integrate seamlessly with any platform on which brands sell, allowing for full visibility of the customer journey on our WMS-connected, seller-facing dashboard, no matter if a retailer is selling D2C, B2B, wholesale, or dropshipping. Additionally, this dashboard gives brands insightful business analytics across channels. Even returns are handled seamlessly, with automated inspection services and returns credit management, to keep your customers happy (and coming back!).
As warehouse systems become more and more important for expanding ecommerce brands, retailers will need to partner with a fulfillment provider who is at the forefront of this technology. Grow your business today with Project Verte and our state of the art capabilities.