Monday, November 25, 2024

Advatix CloudSuite Recognized as the #1 Global Innovation of the Year for Smart Warehousing, Selected by RetailTech Breakthrough

RetailTech Breakthrough, a prestigious program that honors excellence and innovation in the retail technology sector, has named Advatix Cloudsuite as the Smart Warehousing Innovation of the Year. This recognizes Advatix as a leader in Retail Digital Transformation. The selection was a result of thorough research and scoring by a panel of industry experts. “With thousands of nominations this year coming in from all over the world, the competition was extremely fierce,” shared the team from RetailTech Breakthrough.

“We are on a mission to help our clients in Retail and eCommerce be the digital leaders of the industry,” said Ashish Chadha, Global CIO of Advatix. “For that, we created an advanced technology platform that brings the warehouses and retail stores as one network to seamlessly combine traditional eCommerce fulfillment with ship-from-store and click-and-collect. We are thrilled to receive this distinction from the RetailTech Breakthrough Awards. It is a testament to our team’s relentless pursuit of excellence and our commitment to providing our clients with industry-first technology.”

Various 3rd Party Logistics (3PL) companies, retailers, transportation companies, distribution networks, sample centers, and returns / rental businesses are transitioning from legacy Warehouse Management Sytems (WMS) to Advatix CloudSuite’s Fulfillment Execution Platform (FEPR). Advatix takes a unique approach that focusses on live inventory management and fulfillment optimization using smart algorithms, analytics, and AI. With a process-first approach, it’s the operators who have designed and now implement the technology, while the technologists enable the solutions.

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Manish Kapoor, Founder and CEO of Advatix explained, “We have brought the latest tech stack to the industry, and it is designed to meet consumer expectations for both service and cost. A traditional WMS, originally designed for movement of pallets, does not cut it anymore for direct-to-consumer and ship-from-store applications. We use common inventory to fulfill both B2B and D2C orders.”

SOURCE: PRNewswire

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