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Optimising Inventory Management for Multichannel Businesses

Unleashed

Managing multichannel inventory requires clear and concise inventory strategies to combat the challenges associated with multi-platform sales. By increasing visibility, working with supply chains, reconciling inventory, connecting systems, and managing safety stock levels, you can improve multichannel inventory management. This also works on a larger scale with the ability to restock items from the nearest warehouse if a store runs out.

26 warehouse pros reveal the most important factors to consider when moving to an automated warehouse

6 River Systems

The world of logistics is increasingly driven by technology , with artificial intelligence, big data, the Internet of Things (IoT) and automation among the biggest logistics trends today. That said, there are many factors to consider when moving to an automated warehouse.

50 expert tips on improving warehouse efficiency & productivity

6 River Systems

Most warehouses are on an ongoing mission to maximize productivity by optimizing workflows, automating processes and reducing waste (both time and resources). More than 50% of your warehouse labor is in pick and pack, so start there. Cross-train your warehouse workforce.

Top 8 Online Logistics Tools For Logistics Professionals

Cerasis

Logistics professionals require exemplary international online logistics tools to help them carry out their daily businesses with ease and deliver the best for their customers. Mobile phones can offer incredible services in any business from inventory tracking and shipments to the execution of procurement transactions. Top 8 Online Logistics Tools For Logistics Professionals. This optimization tool for inventories is cloud based. The Logistics mobile app.

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13 Amazing Logistics & Supply Chain Mobile Applications

EazyStock

To stay ahead, tech-smart operations, savvy professionals are using logistics and supply chain mobile applications as must-have tools for operational excellence. Logistics & Supply Chain Mobile Applications Top 12. OmniFocus – Task-Management App.

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. Now imagine what the distribution center of 2045 will look like if technology continues to disrupt logistics as profoundly as it has done since the 1990s. 1990: A Fine Vintage for Warehouse Operators.

How GST (Goods and Services Tax) Has Affected Logistics in India!

Supply Chain Game Changer

Over time it was understood that this was much needed and it actually helped in organizing and setting up different logistics and transport sectors to speed up their overall processes. From the movement of trucks to managing a good economic supply chain, GST affected logistics in a great way.

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Outsourcing Logistics: Does It Make Sense for Everyone?

Cerasis

The benefits of outsourcing logistics processes to a third-party logistics provider (3PL) are well documented. As the world’s economy has become increasingly complex, it has become impossible for a single entity to control all of the warehousing, transportation and administrative tasks that come with shipping and managing inventory. Basic Facts to Understand Before Outsourcing Logistics. This may include the following: Better inventory management.

Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory. The Case for Competing on Logistics Talent.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

Logistics can be traced all the way back to the Greek and Roman empires , but it’s undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. Better drug management. Warehouse Efficiency

The Top 6 Reasons to Have a Good Inbound Logistics Program

Cerasis

Most transportation costs in a company arise from inbound logistics cost. If other words, the costs associated with transportation of items from vendors make up the biggest portion of will transportation costs, reports Amy Roach Partridge of Inbound Logistics. Part of the problem lies in misconceptions around inbound logistics, including manual, data-intense processes and added stress. Better Visibility Leads to Effective, More Accurate Inventory Management.

A Case Study in Reverse Logistics Optimization!

Supply Chain Game Changer

Check out What Exactly Is Reverse Logistics? The application of advanced forecasting and planning methodologies improve inventory management in a critical, high-volume repair business, dramatically reducing costs and fulfillment cycles while improving customer satisfaction.

Green Logistics: How to deliver efficiently while minimizing carbon footprint

Abivin

Green Supply Chain Management is integrating environment-friendly and innovative strategy while planning the supply chain process. Source The process and involvement of logistics department in every organization have become an essential part to the economic development for a long time now.

This Week in Logistics News (October 26-30, 2015)

Talking Logistics

Now, on to this week’s supply chain and logistics news… Exclusive: Wal-Mart seeks to test drones for home delivery, pickup ( Reuters ). New Oracle Supply Chain Management Cloud Offerings Address Needs of Modern Value Chain. The Cubs finally made it to the World Series.

This Week in Logistics News (September 15-19, 2014)

Talking Logistics

It’s clear from this week’s long list of news that the pace of change and innovation in supply chain management continues to accelerate. SAP Ushers in New Era of Collaborative Supply Chain Management. Infor Aligns With MercuryGate To Strengthen Transportation Management.

28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Supply chain management is a multi-faceted process with many stakeholders and even more moving parts. Effective supply chain management offers numerous benefits for companies, so overcoming challenges to keep things running smoothly is a top priority for supply chain professionals.

The Ultimate Guide to Pick and Pack Methods!

Supply Chain Game Changer

Good inventory management and the right pick and pack software will help you ship orders with maximum speed and accuracy. You might get your pick and pack service from a 3PL provider or manage your own order fulfillment. Inventory Storage Strategies. Subscribe Here!

7 Distribution Technology Trends Worth Discussing

Cerasis

As a result, you need to understand what distribution technology trends, as explained by Advantage Business Media and Lindsay Konzak of Modern Distribution Management , are being seen in today's distribution network and how they will impact future operations. As a result, more companies are deploying radio frequency identification (RFID), Bluetooth monitoring and machine-to-machine connected devices to monitor and manage their shipments more accurately.

25 supply chain experts reveal the best tactics to optimize a supply chain

6 River Systems

From raw materials sourcing to warehouse operations , logistics technology , order fulfillment and beyond, there are dozens of points throughout the supply chain, all of which contribute to overall supply chain efficiency. Warehousing. Stock management.

Is Google the most innovative supply chain company in the world?

Freightos

The overall impact of mobile has been well documented in the press. Inventory management and replenishment as well as reverse logistics can now be managed by mobile as well as payments. This would have the effect of reducing warehousing requirements.

Walmart: 3 Keys to Successful Supply Chain Management any Business Can Follow

Cerasis

Walmart would not have the ability to provide such low prices and have consistent inventory in the over 5,000 stores in the United States and over 1.3 million employees without a focus on good supply chain management. Components of Supply Chain Management (SCM).

Walmart – Vision for Supply Chain Drones Beyond Delivery

PINC YMS

The reality is that the near-term applications for drone technology is actually more upstream – utilized for inventory checking for a variety of asset types both inside and outside distribution centers. Inventory checks for finished vehicles in the automotive industry.

Lean Manufacturing

LeanCor

A Systems Approach to Inventory Management. Inventory Management. Inventory is not isolated to raw materials and finished goods. Companies will carry inventory masquerading as service parts, repair items, administrative suppliers, automobile fleets, and a host of other types of assets that are managed by setting and maintaining certain levels. The problem is that almost every function inside an organization can affect inventory levels.

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Importance of Technology on India’s Supply Chain Management

20Cube Logistics

Around 14 percent of GDP spent on logistics sector annually in India as compared to only around 5 percent of GDP in the developed countries logistics sector. Source: World Bank Logistics Performance Index 2018 ). Digital Logistics Technology

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Top Logistics Terminology

3PL Insights

There’s a lot of terminology thrown around in the warehouse and beyond—in transportation, fulfillment, value added, and other logistics services. It’s recommended to study these terms to make day-to-day life in the logistics industry a little easier.

Walmart – Vision for Supply Chain Drones Beyond Delivery

PINC YMS

The reality is that the near-term applications for drone technology is actually more upstream – utilized for inventory checking for a variety of asset types both inside and outside distribution centers. Inventory checks for finished vehicles in the automotive industry.

8 key benefits of effective supply chain management

6 River Systems

Today’s global supply chains are increasingly complex, making a data-driven approach to supply chain management a must. Here’s a look at eight of the most important benefits of effective supply chain management. Warehouse Operations

The Supply Chain Game Changer Job Board!

Supply Chain Game Changer

It includes functional areas such as Procurement, Purchasing, Freight, Logistics, Planning, Material Handling, Inventory Management, Cash Flow Management, Quality Management, Diversity, Customer Support, Systems Design and Deployment, Business Process Engineering, and Business Management.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Due to the rapid change in global business environment, managers find it difficult to gain the edge over competitors. We believe many practices in global supply chain management can be applied in every industry. Expectation alignment and management will help both the suppliers and you.

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Don’t Let Your RFT be a 3PL Solution Designer’s Nightmare

Logistics Bureau

At their best, third party logistics (3PL) companies provide new and innovative ways to improve logistics effectiveness. No wonder then, that shippers increasingly turn to 3PLs to manage their warehousing and distribution needs. 3PL Articles Logistics Outsourcing

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How to Sustain a Lean Culture in Manufacturing & Supply Chain

Cerasis

I use a method I call managing for daily improvement or MDI. These people touch every part of daily operations through a process called managing by DAILY improvement (MDI). Visual management and KPIs are a necessity in Managing for Daily Improvement for people on the shop floor.

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Guest Blog: 13 things you need to know about freight forwarding

NC State SCRC

Today’s guest blog is from John Stuart of the International Logistics Center. He shares some interesting information about freight forwarding, that anyone in logistics should be aware of. Freight forwarding companies, like the International Logistics Centre, coordinate the shipment of goods from one destination to another using a range of carriers, including air freight , ocean freight , road fright and, in some cases, railway freight. Inventory management.

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Is Your Company on top of its Inventory Planning Game?

Logistics Bureau

Good inventory management, like everything else, starts with good planning. But planning isn’t just the start; it’s the very foundation of effective inventory control. Inventory planning also happens to be an area that many companies fail to prioritise sufficiently.

Supply Chain Education: What Skills Do Your Staff Need?

Logistics Bureau

Our blog posts and articles here at Logistics Bureau are almost always written to inform, but this time we’re writing with a request for information. We’d like to know what you believe your managers and staff need from a supply chain education program. Inventory management.

Compliance in Pharmaceutical Supply Chains Through Integration

Veridian Solutions

Warehouse Managers need to understand its key challenges and why integration is key in ensuring compliance. Inaccurate inventory management. Poor order management. The comparisons are immeasurable, so Warehouse Managers must bring systems into alignment and gain real-time asset monitoring of products. Begin the research and development of a blockchain-based supply chain solution, explains Material Handling and Logistics.

3 Things you Need to Know about Your Supply Chain (Plus an Extra One)

Logistics Bureau

For those CEOs and other execs who don’t know much about supply Chain or logistics management, I’d like to highlight the four key areas to really keep an eye on. They found 30% of their orders leave the warehouse with a negative margin. Group Managing Director.

Lean Transportation: Are you Using Lean Thinking for Transportation Management? If not, Why?

Cerasis

The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. Rather, going beyond customer expectations needs to be fully understood, and transportation strategies then developed to meet those expectations with optimal inventory levels. Transportation strategy and tactics must support Lean inventory strategies. Perform Transportation Daily Event Management.

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