Ware2Go launches suite of supply chain optimisation tools

Ware2Go supply chain optimisation

Ware2Go, a UPS company, is an American on-demand fulfilment platform specialising in scalable capacity, fast delivery, easy onboarding and customer service.

It has announced a new suite of supply chain optimisation tools to help merchants of all sizes become more efficient and reach new customers.

The services include:

  • Demand Forecasting: Combines macroeconomic factors with seasonal trends and historical sales data to more accurately project order volumes.
  • Warehouse Network Optimisation: Identifies optimal warehouse placements based on historical and projected customer demand in order to improve shipping speeds while reducing transportation costs.
  • Inventory Level Optimisation: 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, fulfilment accuracy and delivery speed.

As customer expectations for quick delivery continue to rise, small business owners must adopt faster, more complex fulfilment processes while retaining inventory visibility and managing costs.

Ware2Go’s new data and analytics capabilities enable such customers to manage inventory and order fulfilment more effectively with less time and effort. They are able to access tools and operational capabilities comparable with those of much larger companies.

Larger businesses like motorcycle accessories manufacturer LS2 Helmets U.S. can also benefit. The company had been struggling to get products from its Illinois warehouse to west coast customers to meet 1-2 day delivery expectations. LS2 leveraged Ware2Go to identify and relocate a subset of their SKUs which helped them improve delivery speed for key items while achieving a lower total cost than alternatives.

Source: UPS