Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Softeon Identifies Market Opportunities for 3PLs Offering Distributed Order Management Solutions

Leading Provider of Software to 3PL Sector Says 3PLs Can Leverage DOM to Increase Revenue, Differentiate versus Just Pick, Pack and Ship Offerings

Softeon, a global supply chain software provider with the industry's best track record of customer success, has identified a number of opportunities for third-party logistics providers (3PLs) to leverage Distributed Order Management (DOM) software to drive revenue opportunities and create market differentiation.

Softeon’s VP of Client Services, Satish Kumar, and Chief Marketing Officer, Dan Gilmore, shared those insights on a recent webinar in partnership with the International Warehouse Logistics Association (IWLA). Softeon is the leading provider of supply chain software, including DOM and WMS to the 3PL sector.


Softeon’s Distributed Order Management system is a powerful platform that enables 3PLs to offer services such as the following:

Advanced Order Management - far beyond basic order entry. This includes such capabilities as back order management, subscriptions, new product introduction, virtual kits, inventory allocation, order scaling, and vendor drop shipping.
Integration with Virtual Marketplace Platforms - such as Shopify, Amazon, Channel Advisors, BigCommerce, Salesforce, and many others.
Optimal Order Routing Capabilities - providing clients a sophisticated platform to define order sourcing rules and execute them dynamically. The DOM easily supports strategies such as “pop-up” DCs - just one of many examples.
Inventory Balancing Services - especially for 3PLs operating “hub and spoke” networks, with DOM optimally determining how inventory received at hubs should be distributed across the “spoke” network, based on a variety of factors.
Returns Processing - allowing 3PLs to create customer RMA’s and send a return label to a customer or enable customer self-service.
“Distributed Order Management can allow 3PLs to move beyond highly competitive, low-margin pick, pack and ship offerings to offer a higher level of differentiated services,” says Softeon’s Kumar.

Softeon finds that DOM can also be used to improve the efficiency and profitability of traditional order management functions, including faster on-boarding of new clients, significantly reducing the number of times each order must be touched, and providing a single source of the truth.

“We have seen a substantial increase in inquiries from 3PLs on DOM, sometimes stand-alone, sometimes with WMS,” Kumar added, saying, “DOM is becoming a ‘must-have’ for growth-focused 3PLs in terms of fulfillment services.”

An on-demand version of the webinar can be found here:

https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D0Kpm0PSJW4o&esheet=52512616&newsitemid=20211020005856&lan=en-US&anchor=here&index=3&md5=eb79e55e4daa3cb9461cc0c655802c10

About Softeon
Softeon is a global provider of supply chain solutions from planning through execution, anchored by our Warehouse Management System (WMS), Warehouse Execution and Distributed Order Management (DOM) solutions. Alone in the market, we deliver supply chain success to our customer every time. Our advanced services-based platform is engineered to reduce complex problems into simple solutions for a faster time to market and lower cost of ownership. Users can implement solutions incrementally to solve a specific challenge or deploy an integrated system. Configurable modules and rules-based solutions give market leaders the business agility they need to get ahead and stay ahead. Companies choose the flexibility and ease-of-use of the Softeon platform to drive higher business value and accelerate ROI. Deployment options include Cloud or on-premise options with a single product – delivered with a 100% track record of system success. For more information, please visit www.softeon.com.

https://www.softeon.com/our-solutions/distributed-order-management-system-dom

Recent

More Stories

rendering of Penske solar-powered facility
Penske Truck Leasing

Penske Truck Leasing lights up new solar-powered facility initiative

Reading, Pa. – Nov. 18, 2024 - Penske Truck Leasing is lighting up a new solar-powered initiative seeking to boost efficiency, minimize energy costs, and reduce emissions initially at select truck leasing, truck rental, and truck maintenance locations in the U.S. with the installation and activation of its first-ever rooftop solar-powered systems.

The company’s new state-of-the-art facility in Channahon, Illinois, is now fully operational, and is predominantly powered by an onsite photovoltaic (PV) solar system, expected to generate roughly 80% of the building’s energy needs at 200 KW capacity. Any remaining required energy will be supplied by the local utility provider.

Keep ReadingShow less

Featured

Integrated Systems Design
Integrated Systems Design
Integrated Systems Design

Integrated Systems Design joins MHI’s Automated Storage and Retrieval Systems Group

WIXOM, MI, October 14, 2024 - Integrated Systems Design (ISD), a leading provider of innovative material handling solutions, announced today that it has joined MHI's Automated Storage and Retrieval Systems (AS/RS) product section group. This strategic move reinforces ISD's commitment to advancing automation technologies to its manufacturing and warehouse customers improving their warehouse, logistics, and supply chain systems.

MHI, the nation's largest material handling, logistics, and supply chain association, welcomes ISD to its AS/RS group, which focuses on promoting the development and implementation of automated storage and retrieval systems across various industries.

Keep ReadingShow less
Wabash partners with University of Delaware to advance solar Solutions in commercial transportation

Wabash partners with University of Delaware to advance solar Solutions in commercial transportation

LAFAYETTE, Ind., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, announced today it was selected to receive a $1.6 million grant award from the U.S. Department of Energy Solar Energy Technologies Office (SETO) to support a research and development project aimed at decarbonizing the commercial transportation industry.

The three-year project, set to begin next year in partnership with the University of Delaware’s Center for Composite Materials, focuses on integrating high-efficiency solar energy into refrigerated trailers and truck bodies. This innovation will play a pivotal role in making zero-emission mid-mile transportation a commercially viable option.

Keep ReadingShow less
NobleLift

Noblelift 2024 Dealer Meeting

NOBLELIFT® North America Hosts its 2024 Dealer Meeting

Des Plaines , Illinois – NOBLELIFT North America, a global leader in Lithium-iron technology and a manufacturer of a comprehensive range of high-performance, low-maintenance manual, electric, and internal combustion material handling equipment, hosted its 2024 Dealer Meeting at the Embassy Suites in Rosemont, Illinois, just miles from their Illinois headquarters in Des Plaines, Illinois.

Over ninety participated in this year’s bi-annual dealer meeting which lasted two days. Day one of the program included presentations and training on various subjects such as NOBLELIFT new products, NOBLELIFT lithium-iron technology, future plans, leasing/financing, marketing, aftersales tech support, parts, extended warranties, quoting software, and more. The dealers welcomed the opportunity to learn more about the company, share their feedback and ideas, and network with other dealers.

Keep ReadingShow less
Randa Apparel & Accessories selects FORTNA to modernize 
Dallas-Fort Worth warehouse

Randa Apparel & Accessories selects FORTNA to modernize Dallas-Fort Worth warehouse

ATLANTA (Oct. 8, 2024) – Randa Apparel & Accessories (RAA), one of the world's leading fashion apparel and lifestyle accessories companies, today announced a strategic partnership with FORTNA, the leading automation and software company for the full logistics value chain, to modernize their recently acquired Dallas-Fort Worth 625,000 square foot warehouse. This collaboration aims to modernize the facility to meet contemporary demands, enhancing operational efficiency and productivity.

RAA, known for its portfolio of over 40 licensed brands and the recent acquisition of the Haggar brand, acquired the Dallas-Fort Worth facility as part of the deal. Faced with the decision to either move out of or upgrade the facility, RAA engaged with FORTNA to develop a comprehensive solution to keep operations local while addressing real estate constraints.

Keep ReadingShow less