Deposco's WMS Solutions enable MSEs to enjoy reduced cost,
hands-on expertise, swift delivery and value, adaptability to
future solutions, fast implementation, increased run rate and
productivity, and scalability.
SAN ANTONIO, July 16, 2024 /PRNewswire/ -- Frost &
Sullivan recently analyzed the warehouse management systems
industry and, based on its findings, recognizes Deposco with the
2024 Global New Product Innovation Award. The company uniquely
focuses on mid-sized enterprises (MSEs) with revenues between
$50 million and $1 billion. This focus can also support the
exponential growth and needs of small businesses and the smaller
divisions and subsidiaries of large enterprises, which are similar
to the MSEs Deposco already serves. Deposco's Bright Suite platform
is designed to simplify the supply chain, deploy faster, and
deliver a platform for growth.
![Deposco Award Logo Deposco Award Logo](https://mma.prnewswire.com/media/2461852/Deposco_Award_Logo.jpg)
Deposco's Bright Suite fulfillment applications have been
designed from the ground up to serve the 3PL, Retail, eCommerce,
and omnichannel industries in addition to direct-to-consumer
brands. Deposco is positioning itself as a growth guide for
companies looking to scale rapidly, as its Bright Suite Fulfillment
solution can scale from 500 orders per day to over 300,000. The
solution suite enables:
- Demand and supply planning
- Sourcing and fulfillment
- Warehouse and inventory management (WMS)
- Order management (OMS) and distributed order management
(DOM)
- Store inventory management and fulfillment
- Software integrations and analytics
- Customer portal and performance reports
Deposco's reliability and quality has generated a strong
customer ecosystem—supporting over $12
billion in annual sales for its customers, over 76 million
consumer orders. Deposco's Store Inventory Fulfilment solution
remedies the negative impact of stock-outs, delays, lost sales, and
additional costs for businesses with fragmented systems that lack
real-time inventory visibility. The solution enables stores to
experience fast implementations, increases shipping orders, and has
reduced order processing time from 2 to 5 days to hours. Deposco's
solutions help customers in the fulfillment industry address
new challenges early and often with less risk and faster
value, differentiating it in the market.
"Deposco successfully focuses on the mid-market and targets
companies with the need for accelerated growth, giving them the
ability to establish their identity within this high-growth and
fiercely competitive marketplace. The company's ability to innovate
products that solve challenges in this market positions it as the
preferred customer growth partner," added Krishna. With its strong
overall performance, Deposco earns Frost & Sullivan's 2024
Global New Product Innovation Award in the warehouse management
systems industry.
Each year, Frost & Sullivan presents this award to the
company that has developed an innovative element in a product by
leveraging leading-edge technologies. The award recognizes the
value-added features/benefits of the product and the increased
return on investment (ROI) it gives customers, which, in turn,
raises customer acquisition and overall market penetration
potential.
Frost & Sullivan Best Practices awards recognize companies
in various regional and global markets for demonstrating
outstanding achievement and superior performance in leadership,
technological innovation, customer service, and strategic product
development. Industry analysts compare market participants and
measure performance through in-depth interviews, analyses, and
extensive secondary research to identify best practices in the
industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned
for its role in helping investors, corporate leaders, and
governments navigate economic changes and identify disruptive
technologies, megatrends, new business models, and companies to
action, resulting in a continuous flow of growth opportunities to
drive future success. Contact us: Start the discussion. Contact us:
Start the discussion.
Contact:
Lindsey Whitaker
P: 1.210.477.8457
E: Lindsey.Whitaker@frost.com
About Deposco
Deposco's Bright Suite of omnichannel fulfillment supply chain
applications enable fast-growing companies to rapidly scale their
warehouse management and order management operations. Bright Suite
helps Deposco customers see what inventory they've got, where it
is, and where to position it to fulfill demand when It's Grow
Timeâ„¢. It's the only solution that provides this much actionable
insight into both your supply chain and the broader marketplace.
Deposco makes supply chain fulfillment simple, fast, and always
forward. Visit www.deposco.com.
Media Contact:
Todd Craig, Chief Marketing Officer,
Deposco
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