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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SOURCE Frost & Sullivan