ShipTo Partners: Achieving Accurate Inventory Data with SkuVault Core
- Functional Applications - Inventory Management Systems
- Functional Applications - Warehouse Management Systems (WMS)
- Marine & Shipping
- Transportation
- Sales & Marketing
- Warehouse & Inventory Management
- Inventory Management
- Picking, Sorting & Positioning
- Testing & Certification
ShipTo Partners, a Canada-based Third-Party Logistics (3PL) provider, faced a significant challenge in managing and tracking their inventory. The company started without any software, leaving them with no technology to handle their diverse shipping needs. Their clients' sales came from various channels, including websites, marketplaces, and physical stores, making inventory management even more complex. For instance, one client had over 400 SKUs, while another sold products with 600 color variations across multiple sales channels. The lack of inventory visibility led to discrepancies in local sales quantities and warehouse inventory. Furthermore, clients struggled to view inventory quantities for each channel in one place, and ShipTo Partners had no way to provide this information. The absence of technology was causing a pileup of misinformation and inefficiencies.
ShipTo Partners is a Third-Party Logistics (3PL) provider based in Canada. The company was founded by Simon Cote, who recognized the need for outsourced logistics services among Canadian retailers. ShipTo Partners offers a range of services, including warehousing and shipping, to help businesses focus on growth while they handle the logistics. Their clients are diverse, selling a wide range of products through various channels, including websites, marketplaces, and brick-and-mortar stores. Some clients have hundreds of SKUs and product variations, making inventory management a complex task. Despite starting without any software, ShipTo Partners has grown rapidly, expanding their warehouse space and client base.
Four months into the business, ShipTo Partners decided to implement an inventory management software. They chose SkuVault Core, which provided inventory tracking and visibility for every business that utilized their 3PL warehouse space and services. The software allowed them to implement Wave Picking to reduce pick times, Kitting, and advanced Quality Control to cut mis-ships and mis-picks. The customization of the Wave Picking feature enabled them to customize pick lists and routes for each client, improving accuracy and efficiency. The Quality Control process made their operations error-free. SkuVault Core also provided a robust suite of reports for invoicing and other automated exports, enabling ShipTo Partners to charge clients based on their warehouse space utilization. The software gave them a centralized home for inventory reports, providing more visibility into the client’s multichannel sales than the client themselves.