SaaS WMS Emerges as a Game Changer in India’s Warehousing Industry

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SaaS WMS as a game changer

The Indian economy has been experiencing remarkable growth in recent years, with the logistics industry playing a pivotal role in driving this progress. The rise of e-commerce has further stimulated this growth, resulting in an increased demand for efficient and effective warehousing solutions. As a consequence, the demand for Software-as-a-Service (SaaS) Warehouse Management Systems (WMS) in India is on the rise.

Reporting Analysis

According to a recent market report by Mordor Intelligence, the Indian SaaS WMS market is projected to grow at a compound annual growth rate (CAGR) of 15.2% from 2021 to 2026. The report cites the increasing demand for e-commerce and the need for efficient and cost-effective warehouse operations as the primary drivers of this growth. Another report by Research and Markets predicts that the Indian SaaS WMS market will grow at a CAGR of 18.4% from 2020 to 2025. The report highlights the increasing adoption of cloud-based WMS solutions as a key trend in the market. Cloud-based solutions offer several benefits over traditional on-premise solutions, including lower upfront costs, faster implementation, and the ability to access the software from anywhere.

Reporting Analysis
The COVID-19 pandemic has further accelerated the adoption of cloud-based WMS solutions in India. With social distancing norms and movement restrictions in place, e-commerce has seen a significant surge in demand, resulting in an increased need for efficient warehousing solutions. The ability to access WMS software remotely has become more critical than ever before, making cloud-based solutions even more attractive.

E-Commerce Cost-Effectiveness

The growth of the Indian SaaS WMS market is not limited to just e-commerce. The manufacturing, healthcare, and retail sectors are also expected to contribute significantly to this growth. The need for increased efficiency and cost-effectiveness in warehouse operations is universal across industries, making WMS solutions a crucial investment for companies of all sizes.

One of the primary factors driving the growth of the Indian SaaS WMS market is the increasing demand for e-commerce. The Indian e-commerce market is growing at a rapid pace, driven by rising internet and smartphone penetration, a surge in digital payments, and the availability of affordable smartphones. According to a report by the India Brand Equity Foundation, the Indian e-commerce market is expected to reach USD 200 billion by 2026, growing at a CAGR of 16.45% from 2021 to 2026. This growth is expected to fuel the demand for efficient, cost-effective warehousing solutions.

E-Commerce Purchasing

Efficient warehouse management is crucial for e-commerce companies to succeed in India. The Indian e-commerce market is highly competitive, with players like Amazon, Flipkart, and Reliance JioMart vying for market share. These companies require warehouses that can handle high volumes of orders efficiently and cost-effectively, leading to a surge in demand for SaaS WMS solutions.

E-Commerce Purchasing

Cloud Solutions

Cloud-based WMS solutions have emerged as a key trend in the Indian WMS market, offering significant benefits over traditional on-premise solutions. Cloud-based solutions offer lower upfront costs, faster implementation, and the ability to access software from anywhere, making them ideal for companies of all sizes. Additionally, cloud-based solutions offer better scalability and flexibility, enabling companies to quickly adjust to changing business needs. The adoption of cloud-based WMS solutions in India is expected to increase in the coming years, driven by the benefits they offer.

Cloud Solutions
The COVID-19 pandemic has further accelerated the adoption of cloud-based WMS solutions in India. With social distancing norms and movement restrictions in place, e-commerce has seen a significant surge in demand, resulting in an increased need for efficient warehousing solutions. The ability to access WMS software remotely has become more critical than ever before.

Conclusion

The Indian WMS market is experiencing remarkable growth, driven by the increasing demand for efficient and cost-effective warehousing solutions across industries. The rise of e-commerce and the adoption of cloud-based WMS solutions are expected to fuel this growth in the coming years. The COVID-19 pandemic has further accelerated the adoption of cloud-based solutions, highlighting the importance of remote access to WMS software. With the Indian e-commerce market projected to grow at a rapid pace, efficient warehouse management will be crucial for companies to succeed. The increasing adoption of WMS solutions in India is a testament to the importance of efficient warehouse management in driving business growth and competitiveness. As the Indian economy continues to evolve, the demand for WMS solutions is expected to grow, providing significant opportunities for WMS providers and contributing to the overall growth of the logistics industry.

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3PL

The SKUBIQ is a cloud based Warehouse management system and is designed for third-party logistics companies to manage multiple customers, processes and billing schedules. The system enables access to real-time information and provides integrations with warehouse management technologies, including EDI, barcode scanning, and e-commerce shopping carts. The software scalability helps companies to manage different stock levels in warehouses, streamline business, and satisfy customers.

SKUBIQ is designed to help logistics companies automate processes and bill items accurately. The software provides features which allow the user to easily add and remove customers and products. The software is designed to help logistics providers satisfy customers’ need for updated information and increase profits through process automation.

The SKUBIQ can be integrated with any line of business application or ERP thereby allowing users to synchronize items, inventory, purchase orders, and receipts.

Manufacturing

The manufacturing is a highly regulated industry globally where attention to detail is critical to help ensure stringent requirements for product quality and deadlines are met. Its become imperative for organizations to achieve a lean environment in which they have visibility to and control over these details is where competitive advantage often resides. SKUBIQ partners with major manufacturing companies globally to improve efficiency and reduce costs, such as:

  1. Support of lean manufacturing initiatives by including inventory management capabilities within manufacturing
  2. Initiating supplier re-orders based on demand signals
  3. Compliance with industry requirements for quality, product tracking, safety, and recall management
  4. Integrated RFID, including asset tracking
  5. Quality assurance and inspection
  6. Managing a large product catalog / SKU proliferation
  7. Addressing Customer OEM parts packaging
  8. Core stratification and remanufacturing
  9. Wave planning and small order pick optimization to reduce picker travel
  10. Serialized inventory tracking
  11. EDI / ASN integration

Distribution Center

Distributors normally lack precise and seamless traceability, lot control, and recall management capabilities jeopardizing the inventory thereby putting their businesses at risk of compliance failures and legal liabilities. In addition, they are constantly challenged by the emerging consumer demands for omni-channel commerce, specialized products, and more convenient delivery options

SKUBIQ is trusted worldwide for supply chain management and visibility. But Why? Simply because our uniquely adaptable software solutions help companies like you stay on top of this fast-changing market.

SKUBIQ helps address the complete process of fulfilling complex, multi-temperature home delivery orders. SKUBIQ has the inbuilt flexibility in helping emerging online retailers and distributors a wide range of specialty products through traditional eCommerce fulfillment models.

As one of the market leaders in warehouse management (WMS) for cold-storage, third-party-logistics companies that play a critical role distribution, we bridge inventory and distribution between some of the world’s largest producers and their customers.

Fashion and Retail

The SKUBIQ is a cloud based Warehouse management system and is designed for third-party logistics companies to manage multiple customers, processes and billing schedules. The system enables access to real-time information and provides integrations with warehouse management technologies, including EDI, barcode scanning, and e-commerce shopping carts. The software scalability helps companies to manage different stock levels in warehouses, streamline business, and satisfy customers.

SKUBIQ is designed to help logistics companies automate processes and bill items accurately. The software provides features which allow the user to easily add and remove customers and products. The software is designed to help logistics providers satisfy customers’ need for updated information and increase profits through process automation.

The SKUBIQ can be integrated with any line of business application or ERP thereby allowing users to synchronize items, inventory, purchase orders, and receipts.

Fast-moving Consumer Goods

The manufacturing is a highly regulated industry globally where attention to detail is critical to help ensure stringent requirements for product quality and deadlines are met. Its become imperative for organizations to achieve a lean environment in which they have visibility to and control over these details is where competitive advantage often resides. SKUBIQ partners with major manufacturing companies globally to improve efficiency and reduce costs, such as:

  1. Support of lean manufacturing initiatives by including inventory management capabilities within manufacturing
  2. Initiating supplier re-orders based on demand signals
  3. Compliance with industry requirements for quality, product tracking, safety, and recall management
  4. Integrated RFID, including asset tracking
  5. Quality assurance and inspection
  6. Managing a large product catalog / SKU proliferation
  7. Addressing Customer OEM parts packaging
  8. Core stratification and remanufacturing
  9. Wave planning and small order pick optimization to reduce picker travel
  10. Serialized inventory tracking
  11. EDI / ASN integration

Automobile

Distributors normally lack precise and seamless traceability, lot control, and recall management capabilities jeopardizing the inventory thereby putting their businesses at risk of compliance failures and legal liabilities. In addition, they are constantly challenged by the emerging consumer demands for omni-channel commerce, specialized products, and more convenient delivery options

SKUBIQ is trusted worldwide for supply chain management and visibility. But Why? Simply because our uniquely adaptable software solutions help companies like you stay on top of this fast-changing market.

SKUBIQ helps address the complete process of fulfilling complex, multi-temperature home delivery orders. SKUBIQ has the inbuilt flexibility in helping emerging online retailers and distributors a wide range of specialty products through traditional eCommerce fulfillment models.

As one of the market leaders in warehouse management (WMS) for cold-storage, third-party-logistics companies that play a critical role distribution, we bridge inventory and distribution between some of the world’s largest producers and their customers.

Pharma & Surgical

The SKUBIQ WMS Software is a cloud-based Warehouse management system and is designed for third-party logistics companies to manage multiple customers, processes and billing schedules. The system enables access to real-time information and provides integrations with warehouse management technologies, including EDI, barcode scanning, and e-commerce shopping carts. The software scalability helps companies to manage different stock levels in warehouses, streamline business, and satisfy customers.

SKUBIQ WMS Software is designed to help logistics companies automate processes and bill items accurately. The software provides features which allow the user to easily add and remove customers and products. The software is designed to help logistics providers satisfy customers’ need for updated information and increase profits through process automation.

The SKUBIQ can be integrated with any line of business application or ERP thereby allowing users to synchronize items, inventory, purchase orders, and receipts.