Boosting Your Winter Sales Peak by Evaluating your Warehouse Management Returns

Boosting Your Winter Sales Peak by Evaluating your Warehouse Management Returns

** Fast-Track Fulfillment with Warehouse and Order Management Systems: A Game-Changer for Peaky Season**

In the cut-throat world of retail, smart supply chain leaders know that tech investment is non-negotiable. But navigating the tech jungle can be a tough gig, with countless options vying for attention. If your goal is to upgrade your business operations, especially during peak season, it's crucial to understand the return on investment (ROI) for your tech choices.

According to 92% of retail supply chain heads, the secret sauce to fulfillment success lies in modern warehouse management systems (WMS) and order management systems (OMS). And guess what? An impressive 70% of these folks are already gearing up to implement WMS or OMS platforms for peak season 2023.

These revelations come courtesy of a joint survey by Deposco and Supply Chain Dive's studioID, which quizzed 150 retail and supply chain bigwigs about their preparations and expectations for peak season.

Why the focus on WMS and OMS? That's simple: Nearly half of the respondents (48%) flagged warehouse management as a top pain-point. So it's no wonder that these beauties have become the crème de la crème of peak season spending!

But here's the tricky part: A small but substantial 22% of retail leaders recognize the benefits of WMS and OMS but don't plan to invest in 2023. Why? Typically, it's because creating a convincing cost-benefit analysis that impresses the boss has proven to be a Herculean task.

Enter Michael Johnson, the veep of business consulting at Deposco – providers of omnichannel fulfillment technology solutions. Johnson helps supply chain management leaders wrap their heads around technology implementation and how WMS/OMS work. But he often sees them struggle to construct a winning business case.

So, if you're angling to make a business case for WMS or OMS, the key is to focus on both short-term and long-term ROI. With the right solution on your side, you could see a swift ROI within a few months – and invaluable scale-up capabilities thereafter!

To ensure a strong ROI narrative and make wise investment decisions, seek out a WMS or OMS that:

• Kisses goodbye to integration friction with ERP, ecommerce platforms, and sales channels.
• Powerfully deploys in a flashboom, with simplified onboarding that takes the pain out of setting up shop.
• Offers real-time inventory visibility across all sales channels, making your warehouse warriors channel-savvy superheroes.
• Turbocharges order throughput and accuracy, ensuring your customers receive their orders in tip-top shape.
• Scales like a marathoner, speeding up your business growth with minimal IT resources and without bloating your project queue.
• Delivers elastic fulfillment capacity to gamely tackle unpredictable peak loads like a boss.
• Movers and shakers for tomorrow's peak season, not just today's.

Said Johnson, "With a well-executed implementation, these solutions deliver not only strong ROI but also in a jiffy. Businesses today anticipate immediate returns – in as little as 2 to 3 months."

To steer clear of integration concerns – an area that 43% of retail leaders deem critical for peak season – opt for a system that seamlessly syncs with your current supply chain systems and the honking great automation technology you're considering. The integration process should be a breeze, without breaking the bank, gobbling up heaps of consulting time, and demanding custom coding for every new feature you crave.

The partner behind the software is just as vital as the solution itself. To roll out a WMS or OMS successfully, look for a provider and pal who:

• Bears witness to your operations like a fly on the wall and possesses the power to axe implementation impediments, ensuring oodles of value in a flash.
• Empowers your team to conquer operational challenges and takes the weight off their shoulders, boosting productivity and worker happiness while keeping retraining costs to a minimum.
• Helps you plod along the growth path with flexible growth plans that align with your business aspirations.

With WMS and OMS systems in place, you'll create the solid foundation for inventory, operations, and other technology systems. These solutions mark the first step toward deploying automation, which an eye-popping 55% of respondents want to prioritize this year.

Johnson suggests dipping your toes with a small project for an instant jolt of success, rather than diving headfirst into all new systems, technologies, and processes at once. "Crawl, walk, run" is his motto, a gentle reminder that smart change begins with a solid foundation developed over time with a team who truly understands your business.

So, where are you on your warehouse solutions adventure? How's your peak season prep stack up against other retail leaders? Get the full scoop by downloading the research report! The more you know, the more you can slay this peak season!

1. In the competitive retail industry, smart supply chain leaders understand the importance of technology investment, but finding the right tech solutions can be challenging.
2. According to a survey by Deposco and Supply Chain Dive's studioID, 92% of retail supply chain heads believe that the key to fulfillment success lies in modern warehouse management systems (WMS) and order management systems (OMS).
3. The survey also revealed that 70% of retail leaders are planning to implement WMS or OMS platforms for peak season 2023, with nearly half of them (48%) flagging warehouse management as a top pain-point.
4. However, a significant 22% of retail leaders recognize the benefits of WMS and OMS but do not plan to invest in 2023, often due to difficulty constructing a convincing cost-benefit analysis.
5. Michael Johnson, the veep of business consulting at Deposco, helps supply chain management leaders with technology implementation, but he often sees them struggle to create a winning business case.
6. To make a strong business case for WMS or OMS, Johnson suggests focusing on short-term and long-term ROI, and seeking out a system that offers real-time inventory visibility, scalability, and integration with current supply chain systems and automation technology.

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