Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions in the logistics industry. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. This time, we are taking a look at 3 promising omnichannel fulfillment startups.
Heat Map: 3 Top Omnichannel Fulfillment Startups
For our 3 top picks, we used a data-driven startup scouting approach to identify the most relevant solutions globally. The Global Startup Heat Map below highlights 3 interesting examples out of 45 relevant solutions. Depending on your specific needs, your top picks might look entirely different.
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MyCloudFulfillment – Cloud Fulfillment Platform
In today’s hyper-competitive environment, there is a multitude of options available for customers to place their purchase orders from and an equally high number of options to fulfill them. This crowd of options makes logistical operations highly intricate and difficult. Omnichannel fulfillment software help manage the complete fulfillment process in a simple and streamlined manner.
Thai startup MyCloudFulfillment is a software company that develops a cloud platform to scale according to the requirements of its customers’ businesses. Their order management software helps in tracking product availability, distributed order management, global inventory, and store fulfillment. This allows for adapting quickly to market demand and supply.
Snowfall Technologies – Artificial Intelligence (AI) Integrated Fulfillment Platform
Omnichannel fulfillment software systems track the end-to-end logistics for multiple channels through which orders are placed and collected. The amount of data generated is so large that it would take a lot of time for a worker to analyze and optimize it. AI systems automate this process and save time and expenditure.
The US-based startup Snowfall Technologies develops software specialized for AI and order fulfillment platforms. Their omnichannel fulfillment platform integrates front-end web services with third-party providers that fulfill the orders placed. Their system comes integrated with an AI platform that collects and analyzes data generated to optimize the logistics process, therefore eliminating the need for any human intervention or interpretation.
Veridian – Modular Fulfillment Platform
Retailers often perceive omnichannel fulfillment platforms to be rigid systems that can only integrate with a limited number of third-party solutions. This limits their adoption by retailers that work in fluid markets. However, software solutions that are custom-built for particular scenarios provide more flexibility over adapting them to their needs.
Veridian, a startup based in the US, is a technology and service provider that specializes in the process of selecting, implementing, and optimizing omnichannel fulfillment supply chain systems. They help businesses to build a complete system that meets their current requirements. Even more, their solutions leave flexibility for later expansions.
What About The Other 42 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence for your Proof of Concept (PoC), partnership, or investment targets. The 3 startups showcased above are promising examples out of 45 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.
