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What are Digital Twins and How Can They Drive Warehouse Efficiency?

Logistics Viewpoints

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Physical change (i.e.,

Modeling 238
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10 Inventory Control Techniques That Are Evergreen

SCMDOJO

Understanding the most valuable inventory control techniques, along with utilizing inventory control template Excel, is essential if you want to ensure effective inventory management. This is achieved by helping business owners determine the right time to restock their items or purchase materials for production.

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Managing Excess Inventory Needs a New Profitable Approach

BlueYonder

With supply chain disruptions continuing, purchasing more stock in advance to meet the forecasted upturn in demand made perfect sense. For many retailers, the first thought to reduce unsold items is to simply buy better. Forecasting ideal buy quantities is near-impossible. So, what can retailers do about this?

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

Some examples of SCM analytics include demand planning , sales and operations planning , inventory management , capacity planning, simulation and scenario analysis , optimization , and spend analytics. Examples of such analyses include the performance of a supply chain or the inventory levels of a warehouse.

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. To navigate complex and fast-paced markets, an agenda of spend analysis is introduced as a part of the procurement function. From whom are we buying? In what quantities are we buying?

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When to do SSOs (Store-Specific Orders)

SupplyPike

It can also be used to stock stores in anticipation of promotional or seasonal events. An SSO is usually requested by the buyer or replenishment manager, but the analysis of which stores need inventory and how much is often left up to the supplier. Committed Buy SSO. Department, Vendor Number, Vendor Name, etc.), Seasonal SSO.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

You are not alone, especially as in the time since we first penned this article, one huge and unforeseen event has raised awareness of the global importance of this vital sector—and shown it to be an attractive career choice. That event was the global COVID-19 pandemic, which erupted during the first half of 2020. Networking.