Published on 5 Apr 2024 on Zacks via Yahoo Finance
Descartes Systems DSGX recently announced that fashion brand LOVALL has adopted its modernized ecommerce warehouse management system (WMS) to facilitate the automation of the fulfillment process and maximize the warehouse space for holding three times as much inventory.The increased capacity has enabled LOVALL to easily meet ecommerce order demands during busy seasons (even when order volumes increased 28% in November 2023) without the need for additional resources. Based in the United Kingdom, LOVALL is an emerging fashion brand that specializes in designing leggings, denim, trousers and others. LOVALL cited that Descartes’ ecommerce WMS solution has helped in scaling its business and smoothly keeps up with its expanding business.WMS, which is part of Descartes’ comprehensive suite of ecommerce solutions, accelerates the fulfillment process for both direct-to-consumer brands and ecommerce retailers. It also increases overall warehouse efficiency with the timely shipment of correct items.Order information is then readily available to be executed through “mobile-driven, multi-order pick-and-pack strategies” followed by feeding of the data on to the Descartes platform and third-party parcel shipment systems. The solution is designed to provide transparency to the entire warehouse operations.In addition, the solution integrates flawlessly with ecommerce platforms such as Brightpearl by Sage, Shopify Plus, NetSuite, Linnworks, Loop Returns and others.DSGX highlighted that the implementation of WMS has been instrumental in driving growth and success for LOVALL. By implementing the advanced WMS technology, companies will be well-positioned to meet the rising customer expectations during peak and off-peak times when order volumes increase substantially.Headquartered in Waterloo, Canada, DSGX is a leading provider of on-demand, software-as-a-service logistics solutions. The company is focused on driving productivity for organizations that operate logistics-intensive businesses.In the fiscal fourth quarter of 2024, DSGX posted revenues of $148.2 million, up 18% year over year.At present, DSGX carries a Zacks Rank #2 (Buy). Shares of the company have gained 11.2% compared with the sub-industry’s growth of 40.1%.
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