Logistics managers are feeling the increasing pressures presented by rising demand in e-commerce and omnichannel fulfillment. Managers of Warehouses and Distribution Centers (DCs) are battling with smaller orders, ever-decreasing delivery windows, and persistent labor shortages. Many of them are turning to technology to help ease the workflow burden.
While automation, robotics and Artificial Intelligence (AI) are all starting to make an impact on DCs across the globe, the Warehouse Management System (WMS) has been a stalwart of the technological revolution within logistics. Responsible for overseeing inventory levels, traffic management, shipping, picking, and almost any other task undertaken in a conventional warehouse location, these systems have helped to streamline processes and increase efficiency.
But some of these systems are becoming outdated themselves, so what’s next on the horizons for WMS? What can we expect to see as we progress through the 2020s? Here are a few key trends to look out for: Continue reading
There’s a growing trend within the e-commerce industry: direct to consumer (DTC). In the past, companies would need to open a physical store, invest in complex websites, and spend thousands on advertising. Today, savvy solopreneurs can open a simple one-page online shop and sell directly to their social media followers. Sound too goo to be true?
One cost that hasn’t changed is the cost of storing and fulfilling physical goods in warehouses. The warehousing bill for the United States ran to $153 billion in 2018, and that’s only going to increase as we move through the early 2020s. But there’s a new solution making waves within this evolving industry – on-demand warehousing.
But what exactly does this solution entail, and how can it help small retailers compete?
A decline in available warehousing has made US companies– big and small– scramble for an alternative to an outdated system of inventory management. One solution that is growing in popularity is multi-client warehousing due to its time-saving and cost-effective nature.