Remove 2014 Remove Inventory Remove Reference Remove Warehousing
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Lean Inventory: Using Lean Initiatives To Manage Inventory

GlobalTranz

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. Lean supply chain and inventory management enable Small Medium Businesses (SMB) to improve efficiency and increase profits.

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The Journey to End-to-End (E2E) Supply Chain Visibility Is Ongoing

Logistics Viewpoints

This is the portion of E2E that is most commonly referred to as “real-time transportation visibility”. ” E2E also means being able to see things when they are not in transit, such as raw materials upstream, inventory in a warehouse or yard, products in retail outlets, or shipments stuck in customs.

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The Benefits of Evolved Vendor Managed Inventory Model Led by Web-Based VMI

GlobalTranz

So why do we feature content related to Vendor Managed Inventory? In a VMI model, part of the equation is the inbound & outbound flow of the inventory. Inventory is then put on pallets and shipped as freight. ” Vendor Managed Inventory Model: A Quick Back Story. We never ran out of or had too much inventory.

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Using Warehouse Automation to Combat the Labor Crisis

RFgen

Even though distribution center job openings have risen by 50% from 600,000 in 2014 to 900,000 in 2018, fulfilling those openings has proven to be a major challenge. Dan Gilmore of Supply Chain Digest refers to this as “ The Great DC Labor Crisis.”. LEARN MORE: An Introduction to Warehouse Automation ».

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Develop a Stocking Policy

Demand Solutions

One of your products had two “hits” in 2014. But maybe you feel it’s worth keeping in your warehouse because it’s a $200,000 product with a high profit margin. If you’re serious about reducing inventory, you need a stocking policy that you can put down on paper and refer to throughout the year. Extra inventory.

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The Internet of Things and the Retail Industry

C3 Solutions

It refers to the ecosystem of physical objects that are connected to the Internet and use it to communicate. What's interesting is how the use of IoT technologies to track inventory throughout the supply chain can dovetail with the kind of visibility you gain when you implement a best-of-breed dock scheduling system from C3 Solutions.

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THE INTERNET OF THINGS: HOW “PROCESS ROBOTS” ARE Transforming Supply Chains (PART 3)

The Network Effect

Basically, it refers to data communication among a large range of assets or devices—from your fridge to your oven, or more pertinently from your inventory to its container, from the container to the carrier, from the pallet to the warehouse. S o what is the Internet of Things (IoT)?