Ware2Go released a new suite of supply chain optimization tools to help merchants of all sizes become more efficient and reach new customers.
The self-service integrated toolset helps businesses improve their demand forecasts, identify optimal inventory levels and quantify the overall value of strategically distributing inventory close to end-users.
● Demand Forecasting: Combines macroeconomic factors with seasonal trends and historical sales data to more accurately project order volumes.
● Warehouse Network Optimization: Identifies optimal warehouse placements based on historical and projected customer demand in order to improve shipping speeds while reducing transportation costs.
● Inventory Level Optimization: Prescribes inventory distribution across warehouse locations and sets optimal reorder points in order to minimize inventory costs and reduce stock-outs.
● Service-Level Performance Insights: Improves decision making with easy access to critical info such as real-time inventory levels, SKU velocity, order trends, fulfillment accuracy, and delivery speed.
Ware2Go new tools are an enhancement to its fulfillment network
The suite of tools augments Ware2Go’s flexible fulfillment network and enables businesses to analyze and execute warehousing and inventory management strategies to win new customers with more competitive fulfillment speeds while also managing costs.
“We are leveling the playing field by providing businesses of all sizes visibility and operational insights to guide decisions and optimize their supply chains. By putting our customers in control of their fulfillment processes, we’re helping them improve their distribution networks, compete at scale and grow their businesses.”
Patrick Cadic, VP of Sales & Marketing for Ware2Go
As customer expectations for quick delivery continue to rise, small business owners must adopt faster, more complex fulfillment processes while retaining inventory visibility and managing costs.
Ware2Go’s new data and analytics capabilities enable such customers to manage inventory and order fulfillment more effectively with less time and effort.
They are able to access tools and operational capabilities comparable with those of much larger companies.
Ware2Go is a subsidiary of UPS that enables online sellers to grow and scale their businesses via a nationwide fulfillment network.
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