Key WMS Trends for 2023 with Jim Hoefflin
The Logistics of Logistics
The Transformative Power of Inventory Management
This chapter explores the pivotal role of inventory management in warehousing and its direct effect on business profitability, illustrated by a case study highlighting the importance of data in decision-making. It emphasizes the evolution of Warehouse Management Systems (WMS) into strategic tools for enhancing supply chain efficiency and addresses emerging trends for 2023.
Jim Hoefflin and Joe Lynch discuss Key WMS Trends for 2023. Jim is the CEO of Softeon, a global provider of supply chain solutions from planning through execution, anchored by a technology platform that has three pillars: Warehouse Management System (WMS), Warehouse Execution System (WES), and Distributed Order Management (DOM) system.
About Jim HoefflinJim Hoefflin is the CEO of Softeon, a global provider of innovative supply chain solutions that delivers supply chain success – every time. Hoefflin brings over 25 years of executive experience in leading software businesses with a proven track record of delivering growth and market leadership. He and the Softeon executive team will lead Softeon through its next phase of growth, including new advances in supply chain technology and expansion of its service offerings. Hoefflin comes to Softeon from CBORD / Horizon Software, a Roper Technologies company, where he served as president and CEO. Prior to that, Hoefflin held executive leadership roles at supply chain software firm Kewill (rebranded BlueJay and now part of e2Open) and workforce management technology provider Empower Software Solutions. Earlier in his career, Hoefflin was a senior executive at RedPrairie (now part of Blue Yonder), where among several achievements Hoefflin was co-developer of the WMS industry's first component-based technology platform.
About SofteonSofteon is a global provider of supply chain solutions from planning through execution, anchored by a technology platform that has three pillars: Warehouse Management System (WMS), Warehouse Execution System (WES), and Distributed Order Management (DOM) system. Softeon's advanced services-based platform is engineered to reduce complex problems into simple solutions for a faster time to value and lower cost of ownership. Users can implement solutions incrementally to solve a specific challenge or deploy an integrated solution. Configurable modules and a rules-based technology platform give companies the business agility they need to get ahead and stay ahead. Companies benefit from the flexibility and ease-of-use of Softeon solutions – delivered in the cloud with a 100% track record of deployment success.
Key Takeaways: Key WMS Trends for 2023- Jim Hoefflin is the CEO of Softeon, a global provider of supply chain solutions from planning through execution, anchored by a technology platform that has three pillars: Warehouse Management System (WMS), Warehouse Execution System (WES), and Distributed Order Management (DOM) system.
- In the podcast interview Jim and Joe discussed key WMS trends for 2023:
- Warehouse management systems (WMS) are continuing to move to cloud-based computing. Cloud computing is the practice of using a network of remote servers hosted on the internet to store, manage, and process data, rather than a local server or a personal computer. Cloud computing has many advantages and technology leaders like Softeon architect their solutions to work seamlessly with the cloud. To learn more: Understanding WMS in the Cloud with Dan Gilmore
- Increasing need for material handling integration. To run an effective and efficient warehouse, material handling systems are required, and your WMS must be able to easily integrate with those systems.
- Rise of the warehouse execution systems (WES). WES are systems used in warehouses and distribution centers to manage and orchestrate the physical flow of products from receiving through shipping. WES organizes sequences and direct resources – both people and material handling systems necessary to move goods with a warehouse.
- WMS as part of the broader digital supply chain. Supply chain practitioners are fast realizing the importance of WMS to their supply chains. Companies cannot succeed in meeting customers' expectations in regard to delivery, quality, and consistency without a modern, fully integrated WMS. A WMS help companies to resolve several issues within their supply chain: accuracy, visibility, productivity, and error reduction are just a few.
- Softeon's broad suite of supply chain solutions improve customer's operations and enhance their own customer's satisfaction and experience.
- Softeon's three flagship products are 1.) Warehouse Management System (WMS), 2.) Warehouse Execution System (WES) and 3.) Distributed Order Management (DOM) System – solutions increasingly deployed together.
- Many of the world's best supply chains are powered by Softeon, including UPS Supply Chain Services, Sears Home Services, Duluth Trading Co., Saddlecreek Logistics, Lenovo, The Honest Company, Casey's General Stores, Denso, Suncast, Sony, Universal Music Group, Optum Rx and many more.
Softeon Names Proven Technology Executive Jim Hoefflin as CEO
The Logistics of Logistics PodcastThe AI-powered Podcast Player
