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Lean Warehousing

LeanCor

Lean Warehousing – From Paradox to Operational Excellence. Before we start talking about Lean Warehousing, can you tell us a little bit about LeanCor Supply Chain Group? Relative to our topic today, Lean Warehousing, is it a big part of your operations? What we know for sure is that lean warehousing, just by the nature of the term itself, can be a paradox at best. Robert: I suspect many people think the term “lean warehousing” is an oxymoron.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider.

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About Warehousing

Logistics Bureau

What’s the definition of warehousing and warehouse? Well, I asked Colin Airdrie, one of our warehousing experts, exactly that question! I hope his answers help you if you’re new to supply chain management, or are just trying to gain a better understanding of how warehousing fits in. The Warehouse Defined. A good definition of a warehouse is “a planned space for the efficient storage and handling of goods and materials”. Warehouse Location.

Top Supply Chain Articles of 2015

Cerasis

As we head into 2016, we are featuring our most read articles of 2015 in our five main categories: Manufacturing, Supply Chain, Logistics, Transportation Management, and Freight. Yesterday we published the top 10 most read manufacturing articles of 2015. . Top 10 Supply Chain Articles from 2015. The following 10 supply chain articles are listed in order from the 10th most read blog post to the top most read post. We never ran out of or had too much inventory.

What is Inventory Shrinkage?

Supply Chain Game Changer

Featuring Our 10 Best Inventory Management Articles! Inventory Shrinkage article and permission to publish here provided by Jake Rheude at redstagfulfillment.com. There are many terms for inventory shrinkage: warehouse shrinkage, product shrinkage, loss of product.

Process Based Inventory Turnover Improvement!

Supply Chain Game Changer

Featuring Our 10 Best Inventory Management Articles! Inventory management is a critical area for most companies. Too much inventory, especially the wrong inventory, can negatively impact cash flow, return on investment, customer satisfaction, and profitability.

Improving inventory management

EFT

Factory closures, blank sailings, massive cuts to air freight, reduced warehouse capacity and more have hit business-as-usual and often turned carefully calibrated chains on their head. There, “You're talking about … 20 to 25 warehouses,” across the country to give that same day coverage.

10 Commandments of Inventory Management

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. Then, this article will show you 10 simple principles that you can use to streamline your inventory management practices right away. Considering 3 warehouse storage policies, the first policy is to store items anywhere.

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

Cerasis

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. Distributors will inbound to a manufacturer the inventory needed and transportation management, especially inbound freight management, efficiency is paramount to an effective vendor managed inventory model. We never ran out of or had too much inventory.

It’s Time to Revisit Vendor Managed Inventory

synchrono

A few decades ago, Vendor Managed Inventory (VMI) was a hot topic. Many manufacturers saw it as a way to reduce inventory levels and costs. If they could get their suppliers to maintain ownership of raw materials or subcontracted components until consumed, inventory levels would naturally drop—on paper anyway. And if the forecast was overstated, the manufacturer didn’t need to worry about excess vendor-managed raw material or contracted-components inventory.

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

This has proved to be a major source of risk. Poor business continuity planning, lack of risk management programs and single source suppliers, have magnified the impact of such risks. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

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10 Inventory Management Hacks You Can Do in 10 Days

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. Then, this article will show you 10 simple principles that you can use to streamline your inventory management practices right away. Considering 3 warehouse storage policies, the first policy is to store items anywhere.

Reimagine Supply Chain of the Future – agile, resilient, and balanced – LogiSYM July 2020

The Logistics & Supply Chain Management Society

Develop methodologies to measure risk for each supply chain node, warehouse, factory, supplier, geography, or transportation node. Diversify supplier base : Supply chain should not be overly dependent on long lead-time or on a small pool of specific suppliers or sourcing regions.

The Past, Present, and Future of Technology in the Warehouse

Logistics Bureau

Imagine stepping back in time to visit a large warehousing operation in 1990. To save you from a meltdown, let’s take a brief journey through warehouse operating developments from 1990 to 2045. While some imagination will still be required on this journey, most of the hard work has been done in the writing of this article, so you can shut down the imagination overdrive and cruise through this rundown of technology’s impact on warehouses and distribution centers.

7 Key Factors that Underpin the Success of your Inventory Optimization Initiative

Supply Chain Opz

From the most basic to the most advanced organization, Inventory Optimization is a critical goal and one which underpins the effectiveness of the supply chain operation. Inventory Optimization requires an organization to sustain and maintain the right mix of cost versus service. In this article we will examine inventory optimization processes as part of a structured sequential journey and examine seven of the key factors in delivering the optimal mix of stock.

23 logistics professionals share the #1 way to reduce logistics costs

6 River Systems

From investing in smart automation solutions like collaborative mobile robots to improve warehouse productivity to route and supplier optimization and outsourcing logistics to a 3PL , there are several strategies that can help companies reduce logistics costs. Efficient warehouse operations.

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

Ensure that your warehouse operation is safe. Analyze labor reduction for any warehousing operation. There are Labor Management Software systems that can help manage work in the warehouse. Incentive programs for warehousing employees do work. Try warehouse mobility in your four walls. Productivity increases from wearable voice command tools can increase factory warehouse efficiencies up to 30 percent, according to an article in Supply Chain Management Review.

Control Towers: If Only There Was A Clear Definition

Supply Chain Shaman

My client writhed in her seat and hung her head as she asked, “I read your article on control towers, but I am confused. While there are many types of visibility (see Figure 1), the most common use case is either sourcing or transportation visibility. When they built the project, they did not realize that they did not have access to daily data daily for their third-party warehouses and contract manufacturing locations. We finished dinner.

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The Internet of Things and the Retail Industry

C3 Solutions

This article is part of our Retail Program. 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.

What’s the Difference Between Fulfillment and Replenishment?

Supply Chain Game Changer

Aside from the demand planning, customer order management, and supplier order management activities associated with Fulfillment most people traditionally think of Fulfillment in the context of the Warehouse or Distribution Centre. In a Warehouse all of the activities involved in sending INITIAL orders to Customers or Channels are considered Fulfillment. We cover World Class Fulfillment speed and efficiency principles in our article “ From Click to Ship in 4 Minutes !”

How Food Manufacturing Software Drives Profit [w Case Studies]

Unleashed

Effective inventory management is crucial to reducing costs in any manufacturing business. The right software will also improve operational processes, boost warehouse efficiency and reduce waste. Why your food inventory management system is going stale. Inventory management.

6 Ways to Overcome COVID-19 Impact on eCommerce Businesses

Vinculum

In this article, we would like to walk you through all you need to know about COVID-19’s impact on eCommerce businesses and the ultimate combat strategies. While large enterprises might have alternate inventory options or may seek alternative suppliers, small and medium businesses are bound to get the brunt of the disrupted supply chain. The lack of enough inventory or stocks are going to have a direct impact on the shipping domain as well.

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Tom Linton’s Advice to Students: “Don’t Listen to the Status Quo!”

NC State SCRC

Tom shared with me a bit about his background, and one of the first teams for the first PC produced by IBM, where he was sourcing parts. But it literally became a “rocket ship”, which required him to move to Japan to source parts. If it is not moving, it is inventory, and the goal is to o move material raw material stages through finished goods as fast as possible.

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The Next-Generation Warehouse is Built on Data!

Supply Chain Game Changer

Article originally published by, and permission to publish here provided by, Dave Joseph at [link]. The next-generation warehouse will deploy analytics, blockchain, robotics, drones, driverless forklifts, automated storage and retrieval systems, and much more. Each rendition of the next-generation warehouse will build on existing technologies, and these improvements have a common denominator. What’s Wrong with Traditional Warehouses? Subscribe Here! Email Address.

Why is Supply Chain Such a Great Career Path?

Supply Chain Game Changer

In our article “ What Exactly is Supply Chain Management? SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and financial capital in the areas that broadly include demand planning, sourcing, production, inventory management and storage, transportation — or logistics — and return for excess or defective products. Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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Cost To Serve – A Smarter Way to Improved Supply Chain Profitability

Logistics Bureau

For categories of costs that are more complicated to manage, purpose-built network modeling applications make it easier to allocate costs and to calculate CTS for different customer/product combinations from transportation, production and warehousing cost data. For example, a CTS analysis may show you that customers ordering directly from you at your factory also generate lower costs in transport and inventory costs. Articles Business Improvement Cost to Serve cost to serve

Future eCommerce Fulfilment Trends – What Will 2019 Bring?

Unleashed

In this article, we will explore upcoming trends in eCommerce fulfilment that businesses need to be aware of to maximise their revenue and satisfy rapidly changing consumer and business demands. As shipping and warehousing costs are based on the size of a product, businesses need to look at how they are spending their money during the product design period. Shipping and warehousing are major costs for any eCommerce business that only increase as more products are sold.

Supply Chain Crystal Ball Gazing: Let’s Look Ahead to 2028

Logistics Bureau

We are on the cusp of a robotic revolution, whether you think of robots in the context of automated human replacements in the warehouse or self-driving vehicles on the road, rails, in the air, and at sea. Meanwhile, warehouse robotic solutions are developing apace, as you’ll know if you’ve been reading some of my posts on supply chain trends to watch in 2017 and 2018. Robots Run the Warehouse. Articles Supply Chain Technology Trends

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

When it is not in motion, it is classified as inventory. But this took time – we had to “defrag” our supply chain, and eventually I learned we had 59 days of inventory. The Pulse rooms are fed by data warehouses which pull together data from 94 different applications that are each being used to run data in different parts of the Flex organization. A simple chart was used to depict inventory, with the size of the indicative of the amount of cash tied up in that inventory.

To Slot or not to Slot? That is the question

Logistics Bureau

Warehouse Product Slotting – To Slot or Not to Slot? Warehouse Slotting can reduce labour costs by up to 20%! Slotting is a warehouse term that refers to intentionally placing products within the warehouse storage medium to create warehouse efficiencies. Let’s consider what an essential aspect of good warehouse practise, product slotting benefits can achieve. Warehouse Operations. Warehouse Symptoms indicating Slotting is Required .

How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. Some ports in China are clogged with arriving containers of iron ore, while warehouses are choked with goods that cannot be exported due to lack of trucks.

Reducing Working Capital in Supply Chains

Logistics Bureau

Current assets include inventory and accounts receivable, i.e. payments you are waiting to receive, notably from your customers. As a result, if you can get paid by your customers before you have to pay your suppliers and reduce inventory to boot , your current assets can be reduced to below your current liabilities. A ratio of more than 2 may be a sign that inventory is increasing too much or that the company is slow in collecting payments.

5 Best Logistics Books for Beginners

Supply Chain Opz

Delivering Customer Value through Procurement and Strategic Sourcing Many people don't know that procurement is a part of integrated logistics. World-Class Warehousing and Material Handling Warehouse management and inventory control is the center point of integrated logistics management that tries to balance supply and demand. In our opinion, this is the best book on warehouse management ever.

Blockchain in Supply Chain: 2 Ethereum-Based Projects That Demonstrate How Blockchain Can Improve Supply Chains

Cerasis

An ecommerce fulfillment warehouse in the USA sends the wrong packages to customers. On top of all that, billions if not trillions of dollars worth of potential working capital are tied up in illiquid assets such as 90-day invoice payouts or even the real estate value of, say, a warehouse or factory building. Provenance ensures transparency in supply chains, with the aim of encouraging brands to source materials and labor in an ethical and fair trade manner.

Is Traffic Congestion Slowing Down Your Delivery During Peak Season? We Got A Solution!

Abivin

This article discusses traffic congestion causes, how it impairs efficiency of logistics activities and possible solutions to overcome traffic congestion. Image Source) 1. Image Source) 2. A study in the Netherlands called the VERDI conducted by TNO shows that half of the delayed delivery trips to warehouses was caused by traffic congestions. Other causes would be glitches in warehouse that lead to delay in loading/unloading, bad weather or incidents on the road.