Is the transition to ewms necessary whitepaper
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The document discusses the necessity for traditional warehousing to transition to ecommerce warehouse management systems (ewms) due to the impact of ecommerce on retail and logistics. It highlights the benefits of adopting ewms, such as seamless integration with online marketplaces, improved efficiency, and opportunities for revenue generation without significant investment. Ultimately, it emphasizes that adapting to ecommerce can enable warehouses to thrive in the new business landscape.
Is the transition to ewms necessary whitepaper
- 1. IS THE TRANSITION TO eCOMMERCE WAREHOUSE MANAGEMENT SYSTEM NECESSARY?
- 2. 2 The Advent of Warehouse Management Systems (WMS) Warehousing changed considerably when Warehousing Management Systems (WMS) first arrived on the scene and helped these asset-heavy enterprises to significantly streamline their assets, manpower, and operations. Manual intervention reduced, resulting in error reduction in transactions. With time, WMS systems got smarter and started managing almost all verticals in warehouses. Most players in the industry had one or the other WMS system that helped them utilize their resources optimally and make profits. Warehousing players enjoyed being an important link in the traditional retail chain that was heavily dependent on them.
- 3. W MS 3 The Rise of eCommerce & Its Impact on Warehousing Then, technology started seeping into traditional retail and eCommerce saw the light of the day. Though, the change was not overnight and it took a few years for eCommerce to take its current shape, it certainly changed the face of retail to a great extent. Importantly, the eCommerce-induced upheaval did not restrict itself to retail alone. It systematically permeated disruption into other ancillary sectors like logistics and warehousing. These two sectors that had experienced unparalleled supremacy in the retail chain saw their importance and utility dwindle with each passing day in the new retail scenario. Traditional retail stores saw a dip in sales, which directly affected the bottom lines of warehousing firms. Hence, the new- age consumers' choice of shopping online directly affected traditional warehousing too. In such a scenario, warehouses had a bitter choice to make: change as per new requirements or face continued redundancy and perish.
- 4. Dilemma What Should the Traditional Players Do? eCommerce is now an established reality. It has given rise to newer versions of logistics and warehousing, the ones that suit its requirements. Traditional players from these sectors feel side-lined in the new order because they cannot fulfil the new requirements of eCommerce that are essential aspects of its very nature. But, can warehouses wait for the revival of traditional retail, which nobody is sure about? Should they continue serving retail stores and try to survive on their ever-decreasing profit margins? Should they try and change the very character of their offerings so that they become relevant again, even to eCommerce businesses? 4 Or
- 5. 5 Bene!ts Of Transition Yes, warehouses-even those that are on the brink of closing down due to slack in business- have an enormous opportunity of turning their fortunes. All they have to do is either get a cutting-edge eCommerce warehouse management system or upgrade their existing WMS to eWMS! This transition is just like completely overhauling your warehousing offerings and services, opening your warehouse to seamlessly serve eCommerce players such as online sellers and marketplaces, and allowing the marvel of SaaS technology to work unabated for your business growth! But, what are some of the immediate benefits? An eWMS is already integrated with multiple leading online marketplaces. This is a huge differentiator because integration with even a single online marketplace is complex, challenging, cost-intensive, and time-consuming. By signing-up on an eWMS, warehouses save huge amount of time and cost required for integration with individual marketplaces. Moreover, a warehouse converts all online marketplaces with which the eWMS is integrated into its customers and gets ready to serve them from day one. Thus, integration with an eWMS changes the business model of warehouses to suit current eCommerce business requirements and helps them to grow exponentially even with the same assets. Marketplaces Integrations
- 6. Another important benefit of the eWMS software is the 3PL integration. Integration with 3PLs completely changes the outbound processing of shipments at warehouses. It also enables warehouses to seamlessly print shipping labels and add to their revenue stream. Hence, eWMS plays a crucial role for warehouses in milking the eCommerce boom. This feature also drastically reduces manual intervention and errors and equips warehouses for last-mile delivery services, making it a lucrative business partner for online sellers, marketplaces, and logistics players. When a warehouse signs-up with an eWMS, it becomes a part of a "networked" logistics business community. The biggest benefit of being a part of such a network is twofold: it helps warehouses in finding new customers and makes it easy for new customers to find an eCommerce compatible warehouse. Not only this, such a network also provides a whole network of other e-warehouses, consolidators, and customs and freight forwarders. Also, warehouses open up new ways of revenue generation by charging their customers for various services including storing products, printing shipping labels, and processing outbound shipments. 3PL Integrations 6 Other Benefits
- 7. 7 Conclusion Quite evident by now, isn't it? Getting eCommerce ready with an eWMS can completely alter the business landscape for warehouses. They can not only find a way to survive in the new era, but also seamlessly create a robust platform for growth and business continuity through a strong network of global partners. And the best part? Well, warehouses can do all of this and more without any heavy investment in new assets and hardware. On the contrary, an eWMS actually enables them to leverage their existing assets to the maximum and become an important part of a network that sends business opportunities their way.
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