Top 5 Warehouse Management Trends For 2022

Warehouse management

As we approach the year 2022, it is time to gear up with new business ideas and strategies that can enhance your warehousing business productivity and efficiency. While we all know how important role warehouse management plays in the supply chain of any eCommerce business, sellers often overlook staying up-to-date with the latest warehousing trends that can help them stay ahead of the game.

Implementing technology into warehouse management is going to be the most cost-effective and quickest way to increase the efficiency of your warehouse management operations. As we progress into 2022, warehouse management technologies are likely to grow by leaps and bounds.

Here presenting some of the top warehouse management trends for 2022 that are going to rule in the next year:

1. Cloud Computing :

Cloud computing has brought transformative changes to the manufacturing industry, especially when it comes to warehouse management. Adopting cloud services enabled small-scale manufacturers, retailers, and eCommerce companies to streamline their warehouse operations and drive significant cost savings. Besides, cloud-based warehouse management software development eliminates the need for maintaining complex hardware/software infrastructure, thereby keeping overhead costs to a bare minimum. In 2022, we are going to witness a widespread adoption of cloud ERP across industries for warehouse and inventory management processes. According to Statistica, the global spend on cloud computing is expected to grow from $332 billion in 2021 to $397 billion in 2022.

2. Internet of Things (IoT) :

The internet of things has gained significant traction worldwide and is quickly moving towards mainstream acceptance. Over recent years, there has been a substantial increase in the number of connected devices in all aspects of our day-to-day lives. The manufacturing industry represents a large proportion of the global IoT spend. Radio frequency identification (RFID) is an apt example of IoT in warehouse management. According to International Data Corporation (IDC), the global investment in IoT for warehouse management is expected to grow by up to 11.3 percent (CAGR).

3. Proficient Last-mile Deliveries :

Thanks to eCommerce, there is a growing need for last-mile deliveries occupying a critical position. eCommerce sales and demand for quick delivery continue to increase every year. In 2019 alone, global e-commerce sales grew nearly 21.5 percent, according to statista. In 2022, more and more business owners will be looking to provide an Amazon-Esque shopping experience to customers by working out logistics in a way that would offer same-day delivery. This kind of demand from customers will automatically increase the need for modern last-mile facilities in order to deliver easily and frequently.

4. Supply Chain 4.0 :

The advent of the fourth industrial revolution significantly improved the way we manage supply chain operations by implementing next-gen technologies like AI, IoT, blockchain, and cloud computing. As a result, it rendered complete transparency and connectivity across different SCM activities, enabling enterprises to track shipments and automate workflows. In the coming year, supply chain 4.0 is going to make steady inroads into mainstream businesses.

5. 3PL and 4PL Logistics :

We have already witnessed tremendous growth in third-party logistics across the manufacturing and supply chain industries. As of today, 3PL is one of the most extensively used logistics models across the globe. However, many small-scale enterprises continue to rely on 2PL logistics to this day. In 2022, we are going to see widespread adoption of 3PL logistics as new enterprises build trust in third-party logistics service providers. At the same time, 4PL logistics is likely to gain traction worldwide as more businesses invest in automating their entire supply chain.

Conclusion :

Warehouse management software development has come a long way with numerous technological advancements, making operations more streamlined than ever before. It is only an indication of the groundbreaking inventions that are yet to come. As time goes by, we shall see drones and robots continuing to replace humans, in return, offering more agile and streamlined workflows. Soon, we shall see machines and software algorithms collectively handling more complex warehouse operations such as storage, procurement, shipping, and more.

Logix Platform offers a complete warehouse management system as Logix WMS. It comes up with Multi-warehouse inventory management which ensures that data from all your warehouse & ordering systems are synchronized and updated in real-time.

Benefits with Logix WMS :

  • Get access to cloud-based WMS
  • Manage your multiple warehouses centrally
  • Complete tracking of inventories
  • Portal access for your customers
  • Generate barcode and scanning
  • Multiple carrier label printing
  • Pre-integrated accounting system
  • Multiple inventory reports

To book an online demo with logix Platform, click here :

5 Ways To Manage eCommerce Returns To Increase Efficiency

Manage Ecommerce Return Management

Managing eCommerce returns can be a headache for online retailers. If a rise in sales makes eCommerce merchants extremely happy, an increase in product return neutralizes that happiness.

There is no doubt that online stores have higher return rates than offline stores and there are strong reasons to back this fact.

Basically, customers can try out a product in a physical store. They can touch it, hold it, feel it and find out the flaws at that moment, which is not possible in the case of an online store. This is why e-retailers face excessive returns and it becomes quite a difficult task to manage them.

We will discuss how you can manage eCommerce returns with a best return management system and improve customer satisfaction.

1. Create a flexible Return Policy :

One of the important points in the return management best practices is to craft your return policies well. Be clear about the terms and conditions. Mention what kind of returns you accept, what should be the condition of the item to get its replacement, what is the time span for returning an item, what is the procedure to raise a return request, etc.

A well-written eCommerce return policy helps a user to understand your return management procedure better. Also, avoid using any hard language that is difficult for a user to understand. Product return policy not just helps you handle customer returns efficiently but also encourages users in their purchase decision process.

2. Allow Customers to make a Return Choice :

Adding to the list of eCommerce return management is letting customers decide what they want to do with the product they wish to return. Whether they want to replace the product, raise a full refund or need the product amount in the form of points/store credits, the choice should be left to them.

Providing a return choice is a persuasive tactic to make customers return to your store in the future. For example, if a customer opts for the credits worth the product amount, providing him with that would ensure that the customer is going to come back to your store in the near future and make a purchase.

3. Automate your Return Process :

If you have a large e-commerce store, you will have more product returns. Imagine how difficult it would get if you manually handle product returns. Moreover, it will be very time-consuming.

Automating your eCommerce return with the best return management system can save you a lot of time and effort. You would not need to handle each and every step on your own. From informing the customer about the placed return request to notifying them about the return status until the process is over, make everything an automatic process. This will decrease the return processing time.

4. Speed up your eCommerce returns :

Speeding up your return process is a vital point in eCommerce return best practices.

Right after a customer places the return request, they expect their money’s worth in some form to the earliest. Though it can take a few days at least, you should not make your customers wait for too long. A long delay creates frustration among customers and they would think a few times before placing an order from your store again. Make sure the returns are processed as quickly as possible. It improves customer loyalty.

5. Provide free shipping :

Customers do not like to pay an extra penny for returning a product. In fact, no one would like to pay some extra amount for a product that is defective or doesn’t match their expectations. If there is already a defect and on top of that, customers are asked to pay a small charge for returning it, they will feel annoyed.

To avoid this, you can allow free shipping on returns and keep your customers happy and satisfied.

How can you manage your returns easily with the eComGlobus Return Management System?

Considering all the above points, if you want to handle your product return easily and make the product return process in your store well-structured, you can opt for eComGlobus, a Complete eCommerce fulfillment platform to manage your eCommerce logistics operations.

With eComGlobus, manage your returns efficiently while reducing your processing and logistics costs. Highly configurable returns processing solution with guided workflows for receiving, inspecting, and grading product returns.

eComGlobus will be providing features for accepting the return orders and assigning them to 3PL for pickup. With the eComGlobus Return Management System, you can track the movement of the reverse shipment easily in a single platform.