Manual logistics systems have weighed down the warehouse management of various industries. Moreover, it does not provide accurate information about the supply chain and logistics management. This results in the slowdown of the business and becomes difficult for the startups to run their company. But one solution can cure this problem i.e. SaaS Warehouse Management System that gives the flexibility for businesses to access the required information in real-time. Also helps to monitor all the operations from manufacturing to the final product delivered to the customer in the backend.
So, you might be thinking about how this system can help to reshape the Indian logistic startup and how it can be used by business persons or organizations. If you want these answers then stay tuned with us and let’s start with the understanding of the SaaS WMS.
What Is SaaS Warehouse Management System?
SaaS WMS, Software-as-a-Service Warehouse Management System is a cloud-based software that allows the user to monitor the warehouse activities and logistics operations in real-time. It is a robust software solution that requires minimal investment for implementation. This allows the users to manage multiple warehouses and fulfillment centers using one platform.
It is a cloud-based server that minimizes the usage of hardware and server infrastructure to store and access data. Additionally, it is subscription-based software that allows users to access it whenever they need to use it.
How Does SaaS WMS Works?
SaaS WMS is a type of warehouse management that is hosted in a cloud server and maintained by a software company or a third-party logistics. The vendor is responsible to manage the server and give access to the retailers having subscription fees.
SaaS Warehouse Management System is so flexible that one can easily access the platform using a single computer and smartphone via an internet connection. And makes sure that there is no need to install expensive infrastructure and manage and maintain them. A single software can be used to track all the warehouse operations and inventory activities.
This is how SaaS WSM works but you must be wondering how this software can help to reshape the Indian logistic startup. For that, you need to understand the new National Logistics Policy in India and how it works.
National Logistics Policy India: The Revolutionary Move By Government Of India
The Prime Minister of India launched the National Logistics Policy in India on September 17, 2022. India wants to achieve a five trillion economy by cutting down the logistics expenses to 13-14% of India’s GDP. It is almost double the GDP of any developed country in the world. This Policy will cut down the logistics cost by up to 8% in the next 5 years and increase the competitiveness in the domestic as well as international markets.
And to achieve this aim, the government has taken 4 steps that include the Integration of a Digital System (IDS), Ease of Logistics (ELOG), System Improvement Group (SIG), and Unified Logistics Interface Platforms (ULIP). This framework will enable the exploration of various types of transportation like air, water, road, and railways. The government is also taking a great step to take the logistic system in an online mode where all the paperwork will become paperless. It will save the time and money of small and medium businesses in India and lower the cost of the logistics startup.
All the facilities will be beneficial to those companies who are already using the SaaS Warehouse Management System to run their businesses effectively. Here, SaaS software will help to manage the supply chain, and inventory management under one software. So, startup companies who have recently entered the e-commerce business can deploy software like SKUBIQ to get the benefits of the new National Logistics Policy of India.
Now, let’s understand how this new NLP with the integration of SaaS software will reshape the startups in India in detail.
How SaaS Warehouse Management System Effectively Reshaping Indian Logistics Startup?
The biggest problem faced by startup companies is the budget and lack of technologies to run the logistics operations. At this place, SaaS WMS is the best choice for small and medium companies residing in India. This software can be accessed through a single PC or a mobile through internet connectivity. Below we have mentioned some of the points that can boost the business with the less requirement possible.
Providing Innovative Technology
With the integration of the SaaS Warehouse Management System, can get advanced technologies that will give the immense power to manage and perform business activities effortlessly. These activities include warehouse management, order fulfillment, logistics operations, return management, pickers and packers, and inventory management. Additionally, you can access the entire backend operations using your phone and laptop.
Automation Of Logistic Operations
Another advantage that offers the ease of doing e-commerce is the automation of logistics. As it is cloud-based software, all the updates are managed by the vendor or the software company. The data are stored in their server automatically and the users can easily get that information with just in few clicks. With the integrations of HHT API, all the data are auto-captured by the software.
Manage And Share Vast Data
These technologies enable the management of logistics-powered businesses that improve supply chain management. It allows to access vast information such as traffic updates, customer feedback, real-time locations, delivery status, and much more in real-time. This helps the business to understand the demand of the customers instantly and make required changes according to the market need.
Transparency In The Supply Chain
Transparency is the next benefit that you get from the SaaS Warehouse Management System in your business. This allows the enterprises to track the complete operation from the order of the product to the delivery to the customers. It also provides the highest and lowest-selling products with an accurate report. This helps the business owner identify the king item and remove the least-performing items in the warehouse. And this move helps to manage the space in the warehouses and provide enough space for the new products.
Cost-Effective And Simple Process
As cloud-hosted software, it does not require purchasing the full software which saves lots of money for startup companies. And due to having the feature of a subscription-based facility, one can easily subscribe whenever he/she wants to use the system and leave when it is not needed. In an addition, it does not require any hardware or server infrastructure to install and manage the software. All the operations are managed by the company’s operators and allow the users to access the services on subscription-based fees.
Provide Value-Added Customer Service
This software uses an omnichannel strategy that integrates all the logistics operations, warehouse management, supply chain management, and inventory management under one platform. It also allows the companies to showcase themselves on the internet through various channels and all the channels are interlinked with each other.
With these two facilities, one can understand the correct behavior of the customer and plan strategy according to the situation. And it allows for providing value-added customer services that build brand value and the business can upscale within no time.
Creating effective warehouse management without any proper tools can be a difficult task. And it becomes tougher for startup companies struggling to survive in their industry. SaaS Warehouse Management System can help you to set up seamless logistics operations and WMS that can grow your business to the next level. And the companies like SKUBIQ provide you the world-class services in the overall management of any online business in India and even abroad.