8 DC and Warehouse Slotting Considerations for More Efficient Warehouse Operations

GlobalTranz

If you are a manufacturing company or distributor, you most likely are using a warehouse or distribution center to make sure you are able to store inventory, replinish store fronts, and easily send goods to customers or receive goods for manufacture or distribution. First Things First, Do You have all The Tools To Set You Up for DC Or Warehouse Slotting? Your Warehouse Management System (WMS) must reflect these storage locations for proper location control in your warehouse or DC.

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To DC Or Not To DC? That is the Warehouse Design Question!

Supply Chain Game Changer

The cost of adding a Distribution Centre in terms of capital expenditure, operating costs, inventory breakage, systems, and organizational support can be extensive. The post To DC Or Not To DC? Subscribe Here! Email Address. Subscribe to Supply Chain Game Changer.

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Holiday Logistics: 5 Things Any Shipper Can do Now in the Warehouse or DC to Plan & Stay Competitive

GlobalTranz

shippers need an efficient and effective Distribution Center (DC) to support this consumer spending peak that takes place typically at this time of the year. Benchmark DC Systems to Handle the Volume. Make your Inventory Omni-Channel. For a handful of huge shippers and retailers, it makes sense to divide inventory into one stream for traditional replenishment and another for e-commerce fulfillment.

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The Inventory Accuracy “Confidence Gap”

Talking Logistics

Note: The following is an excerpt from “ Omni-Channel Logistics Leaders: 5 Key Insights to Improve Inventory Performance for 2019 ,” based on research conducted by Adelante SCM and LEGACY Supply Chain Services with input from nearly 100 supply chain professionals from retail, manufacturing, and logistics service providers companies in the United States and Canada. And it begins with improving their inventory accuracy. The Inventory Accuracy “Confidence Gap”.

Holiday Logistics: 5 Things Any Shipper Can do Now in the Warehouse or DC to Plan & Stay Competitive

GlobalTranz

shippers need an efficient and effective Distribution Center (DC) to support this consumer spending peak that takes place typically at this time of the year. Benchmark DC Systems to Handle the Volume. Make your Inventory OmniChannel. For a handful of huge shippers and retailers, it makes sense to divide inventory into one stream for traditional replenishment and another for e-commerce fulfillment.

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To DC Or Not To DC? That is the Warehousing Design Question!

Supply Chain Game Changer

The cost of adding a Distribution Centre in terms of capital expenditure, operating costs, inventory breakage, systems, and organizational support can be extensive. The post To DC Or Not To DC? Subscribe Here! Email Address. Check out 5 E-Commerce Order Fulfillment Choices! The fast growing E-Commerce channel makes it an attractive avenue for most companies to participate in.

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Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

GlobalTranz

Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. Staying Strategic in the Warehouse with Better Inventory Flow. Throughout the entire order fulfillment process, companies have a duty to ensure optimum warehouse efficiency by appropriately controlling inventory flow. Warehouses should also consider implementing these best practices to ensure effective warehouse management and maintain control and flow of inventory.

Practicing Social Distancing while Keeping Inventory Moving during COVID-19 pandemic

PINC

live/drop, type of inventory, type of equipment, load status, etc.). Previously, the driver would be waiting in the lounge to talk to the DC after completing check-in.“ – L.

Three New Ways Retailers Can Improve Inventory Performance

ToolsGroup

By using data to stock items with higher forecasted demand, they can reallocate cash that would normally be tied up in poorly performing inventory, avoid margin erosion from markdowns and dead stock, and increase overall on-shelf availability metrics. Yet paradoxically retailers front-load inventory to the store, under the belief that goods must be on the shelf to sell. The challenge is that once it's forward-deployed, it's not always cost effective to re-position inventory.

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How AI Solves the Riddles of Inventory Management

Aera Technology

by Kaushal Dave, Vice President of Cognitive (AI) Solutions, Aera Technology The problems that pervade inventory management are well known: Excess inventory languished in warehouses, tying up millions of dollars in working capital. Multinationals employ thousands of planners and spend millions of dollars on alphabet soup of software to manage inventory and other links in the supply chain, from ERP, MES, MRP, CRM and WMS to planning and logistics tools.

3 Key Multi-Echelon Inventory Optimization Challenges and How to Overcome Them

Arkieva

When it comes to inventory optimization , companies often have to play a delicate balancing game to ensure that they have optimal levels of inventory. If your forecast numbers are too high, you run the risk of holding costly excess inventory and reducing available cash on hand. Making inventory optimization, arguably one of the most difficult tasks for any manufacturing business. in multi-echelon inventory optimization.

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Editor’s Pick: The Ideal Inventory Optimization Approach for Omni-channel Retailers

Talking Logistics

In this post, Scott Fenwick, Manhattan Associates ’ senior director of product management, describes how to take inventory optimization in an omni-channel environment to the next level. There are many reasons why: When the distribution center (DC) is out of something displayed on the website, it can be fulfilled from store inventory. What do superconsumers have to do with inventory optimization?

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Improving Inventory Management with Automated Data Collection

RFgen

Automated data collection can help companies manage inventory, optimize warehouse performance and provide a greater level of transparency across the supply chain. Inventory is tracked using serial numbers, lots, dates or pallets. Inventory is stored across multiple sites.

Inventory Allocation: How Retailers Can Find the Perfect Balance

Slimstock

For anyone looking to minimize operating costs while maintaining margins, inventory allocation is one area that simply cannot be overlooked! Succeeding in today’s complex omni-channel environment means striving to achieve the perfect inventory allocation across multiple locations at a time when it has never been more difficult or costly. Inventory Allocation Explained – Why You Need a Strategy. Inventory Allocation Rules: What Parameter Should Be in Place?

Three Key Trends From The WERC DC Measures Survey

Lucas

WERC’s Annual DC Measures Survey is a great tool for benchmarking your distribution center and warehouse operations, but it’s also a valuable resource for identifying trends across the industry. This year’s survey showed the growing importance of labor-related metrics in assessing DC performance. Every year the WERC report lists the top 12 metrics used by DC and warehouse managers and tracks how those rankings change from year to year.

Inventory and forecast data from retailers: After your product ships (Part 2)

Alloy

Without this visibility into available inventory and focus on looking ahead to the future, you’ll find it hard to deliver the data-driven recommendations that retailers are looking for from their top partners. Units on Hand Units on Hand is the number of units of a product that are physically available at a given point along the supply chain, such as a store or retailer DC. It’s calculated by dividing Retailer COGS by the average inventory on hand during the period.

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The Future of Distribution and Fulfillment – What We Know, and What We Will Find Out

Logistics Viewpoints

ARC Advisory Group, in partnership with DC Velocity magazine, has just launched an online survey of logistics practitioners to evaluate the future direction of today’s distribution facilities, technologies, and practices. The survey is designed to obtain a multi-faceted overview of the changing demands placed on fulfillment operations and how practitioners are responding by adjusting processes, investing in technology, reconfiguring DC layouts, and expanding networks.

How to Maximize Warehouse Space Utilization Without Expansion

EnVista

Managing inventory in your warehouse or distribution center is one of many challenges you face along the supply chain, and a primary challenge in distribution centers (DC) is limited space.

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SLOTTING YOUR WAREHOUSE OR DISTRIBUTION CENTER (DC)

The Lean Supply Chain

Your Warehouse Management System (WMS) must reflect these storage locations for proper location control in your warehouse or DC. Things we use the most are the most easily accessible: All we’re doing here is making sure those things we use the most frequently are the most easily accessible in the warehouse or DC. You should concentrate on this 20% and have them available for picking upfront in your warehouse or DC.

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Spotlight on PROMAT 2019: USA trends in DC Equipment and Digital Consciousness

Logistics Bureau

In this article, I will give you a glimpse of some of the distribution centre (DC) trends and technologies that Australian firms should be aware of. Inventory and network optimisation is forecast to reach 75% adoption over the next two years, and 90% over the next five years. THE TOP TWO CHALLENGES FACING DC OPERATORS. Yet they have found their way into DC for a different purpose. Tracking inventory!

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5 Ways to Optimize Your Distribution Center for 2021

AB&R

Operations are often multi-faceted, with many different tasks, shifting inventory locations, and new challenges with each passing day. Inventory Control Solutions. 1] DC Solutions Brochure. [2] Blog Inventory Management

The Most Profitable Hub and Spoke Replenishment Model

Herlitz Inventory Management

Retailers with multiple locations inevitably have to deal with higher inventory costs because they need to hold the same items in multiple locations. Hub and spoke means that instead of having each distribution center order from various vendors individually, one DC acts as a hub. By using a solution that optimizes hub and spoke purchasing, buyers don’t have to remember or calculate how much extra inventory they need to buy at different levels of the supply chain.

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How to Use Software to Reach Peak Warehouse Efficiency

C3 Solutions

As the DC becomes more complex and moves more quickly that's where yard and dock automation plays a key role in ensuring that your DC operations can keep with the increased speed of automation. Are you filling orders from the DC, from the store, from the DC for in-store pick-up?

Replenishment 101: What is replenishment?

SupplyPike

Just one Walmart DC is one million square feet, so it can be tough making sure all products are where they need to be. The system aggregates Out of Stock quantities at the DC level. What is replenishment?

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Five good habits that make for better supermarket inventory management

RELEX Solutions

There are few challenges in retail tougher than managing groceries ; optimizing a broad inventory that includes fresh and short-shelf-life products is not easy. And there are few things that show better what a supply chain professional and a supermarket inventory management system can do and the impact they can have on profitability. The simplest step to take is to incorporate shelf life expectation into your supermarket inventory management system’s ordering parameters.

Who's Really Running Your Retail Operation?

C3 Solutions

Let's take a look at the absolutely fundamental importance of the software systems that underpin DC operations: Warehouse Management Systems (WMS). With the concurrent innovation in computing technology, inventory tracking systems were created that could generate automated reports.

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The Inventory Balancing Act: What’s Tipping the Scales?

BlueYonder

Inventory optimization has always focused on two intersecting balancing acts—balancing supply and demand, and balancing inventory costs with customer service levels. When asked to rank their top reasons for optimizing inventory management, respondents overwhelmingly selected: Moving Inventory Closer to Demand and Improving Service Levels. The impact of omni-channel on warehouse and DC operations is also reflected in the respondents’ top priorities for this area.

Supply Chain by the Numbers for Week of June 1, 2018

Supply Chain Digest

DC Workers Increasingly Expensive, Salaries for Procurement Professionals Make Big Jump in 2017, Best Buy Makes Bet in More Inventory, Chinese 3PL Giant Making Huge Logistics Investments

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WMS Lite: Gain Essential Best-of-Breed WMS Functionality at a Fraction of the Cost

RFgen

In the same survey, 80% of respondents indicated that they planned to invest in new technologies to remain competitive while 92% believed WMS functionality will benefit mobile-equipped workers for inventory tracking tasks. Enforces strict inventory rules, such as FIFO, LFIO, FEFO, and more.

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Nike’s Global E-Commerce Distribution Center in Leuven Belgium

NC State SCRC

In turn, these containers sit for about 5 days before being transported to the Nike distribution center next door and stocked inside the DC. The DC serves as the hub for Nike’s global e-commerce business, and orders taken from Nike.com are shipped to consumers all over the world from this DC, including North America. The choice of Leuven, Belgium as the site for Nike’s DC may seem like an odd one.

How Adding Ship-from-Store to an Omni-channel Strategy Changes the Retail Network

Talking Logistics

Additionally, ship-from-store improves margins by providing demand to slow moving inventory trapped at a store. Utilizing store inventory to ship e-commerce orders enables the last remaining units for the entire country. In a time when even small retailers are competing with companies such as Amazon, the ability to ship from store can be a differentiator, enabling new points of distribution without the cost of adding a new distribution center (DC).

Five Elements of Successful Sales Forecasting

Logility

Without good demand planning, companies face the situation of unhappy customers, late shipments, cancelled orders, excess inventory, longer lead times, expedited shipping costs, and a host of other potential issues. DC Replenishment. If not, you are not alone.

RFID, AIDC and IoT News on More Insight into RFly Technology from MIT for Taking DC or Store Inventories with RFID, Drones

Supply Chain Digest

Key is Use of a Relay on Drone to Repeat Signal to Reader, Expanding Reach Range 10 Fold versus Current Technology

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Warehousing 101: An Introduction to Digital Warehouse Automation

RFgen

Instead of million-dollar investments, start with digital automation basics: data collection, inventory control and WMS lite. Digital automation digitizes and automates manual processes, like inventory data collection. Healthier Inventory. Gain Control of Your Inventory.

Why a Demand Signal Repository is key to a shelf-connected supply chain

The Network Effect

Mirroring store-level ordering policies by writing algorithms that estimate store order policy logic at the DC so that CPG companies can optimize both replenishment and transportation. Data to be leveraged includes store level days of supply, store level forecasts, DC shipments, DC inventory positions, DC inbound shipments, and DC open orders. Yuko Honda/Flickr.

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