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IoT Inspired Smart Warehouses Are Reinventing Inventory Management

Cerasis

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Warehouse managers must understand why changes of standards and use of the Internet of Things (IoT) are needed and how smart warehouses can meet the demands of today and tomorrow.

2017 Warehouse Capacity Economics and Trends Report

FLEXE

In mid-2015, FLEXE conducted a survey of supply chain professionals across multiple industries to identify and understand what key industry trends affect inventory and capacity fluctuations. Nowhere is this more evident than the warehouse. The key findings of the 2017 survey revealed: Inventory continues to fluctuate and remains a challenge for supply chain professionals. More businesses are faced with inventory exceeding capacity than they are with excess space.

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Effective Warehouse Management in an Omnichannel World

Cerasis

An effective warehouse management strategy is key to staying competitive and meeting consumers’ expectations in the omnichannel world. Knowing the available inventory and assets only in distribution centers is inefficient and lacks value, but when applied across an entire supply chain network, inventory visibility propagates effective warehouse management. Download white paper. Omnichannel Warehouse

Logistics & SCM, PLM, Manufacturing, and Procurement 2016

Supply Chain Movement

Logistics & SCM, PLM, Manufacturing, and Procurement 2016. URL: sapinsiderevents.wispubs.com/2016/Vienna/SCM-PLM-MFG-Procurement-CRM/. Logistics & SCM, PLM, Manufacturing, and Procurement 2016, sponsored by SAP, is the most important educational event of the year for organizations using SCM, PLM, manufacturing, and procurement solutions to fortify their business operations and infrastructure with proven methodologies and measurable, value-driven results.

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20 warehouse professionals and business leaders reveal the single most important first step when designing a warehouse layout

6 River Systems

There are many factors to consider when designing a warehouse layout, and every design decision can have a significant impact on operational efficiency. Curtis Barry & Company , labor comprises more than half of a warehouse’s total operations costs. A poorly designed warehouse floor plan means warehouse associates must walk longer distances to accomplish tasks, resulting in wasted time and resources. Warehouse requirements do not denote storage alone.

WMS and Cycle Counting: How to Reach Inventory Management KPIs

Veridian Solutions

Greater control and efficiency in modern warehouse management rests on the reliability and accuracy of your inventory management processes. Warehouse Managers need to understand the challenges of cycle counting, how the right KPIs can help, and how to leverage WMS and cycle counting best practices to develop the best inventory management KPIs. Failure to track replenishment and procurement activities. Download WhitePaper. Carrying cost of inventory.

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3D Printing Set to Streamline the Retail Supply Chain Through Reduced Lead Times and Inventory

BluJay Solutions

The attractiveness of 3D printing for manufacturers and retailers/distributors centers around reducing both lead times and the risks involved in holding inventory. Anyone involved in retail procurement is acutely aware of the importance of correctly predicting consumer/end-user requirements and ordering the right goods at the right time, in the right quantities. Download our eBook - Omni-Channel Retail – Top 3 Logistics Challenges.

21 logistics experts share the most important ingredients in developing an effective logistics strategy

6 River Systems

Inventory requirements for all raw, WIP and finished goods. The number and locations of required warehouses, distributors, etc. David Bakke David Bakke is a Logistics Expert at National Air Warehouse. Warehouse Operations

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

6 River Systems

All of the above (and other down-stream KPIs and processes) are heavily influenced by the accuracy of a demand forecast: if the demand forecast is much more accurate, a company is more likely to have the right product, in the right quantities in inventory and will have less of the products in inventory that is not required. Our supply chain involves a contract manufacturer, a third-party testing facility, warehouses to store inventory and a freighting company.

E-Commerce Shipping: Why Shippers Are Mastering E-Commerce to Go Omnichannel

Cerasis

E-Commerce Shipping Comes With Unique Challenges As explained by SPS Commerce.com, shippers may lack the physical resources, read “warehousing space,” necessary to handle e-commerce shipping. In addition, shippers may lack the resources necessary to push operations beyond availability and reliability of procurement. Download White Paper. Regionalize inventory.

So You’re The New Guy – Advice For A New Planner

Arkieva

You must speak the language of the finance department when discussing inventory levels but at the same time, you can talk to the warehouse manager when discussing the same topic from a different angle. Plant managers are very focused on optimizing throughput and utilization while the sales force is focused on satisfied customers with a tendency to prefer available inventory. Is there political unrest in the area where we produce, procure or sell? Planning is an art.

The Top 10 Supply Chain Blog Posts from 2017

Cerasis

This year, most were interesting in supply chain optimization - from distribution to inventory management - and Key Performance Indicators. We want to make sure that supply chain practitioners, as well as manufacturers, understand how all of these technologies are affecting the entire supply chain, including the supply chain & procurement side of a manufacturing operation. 5 Tips for Warehouse and Distribution Center Management Success You MUST Instill Today.

Automation in the supply chain to get major boost in 2019

EFT

A new report and industry survey from eyefortransport finds that automation is the top investment priority for retailers and manufacturers in 2019, particularly within the warehouse. The drive to get goods to customers at speed and to achieve operational efficiencies in what is currently a very tight labour market is pushing the investment environment to strongly focus on making more efficient warehousing operations that incorporate automation throughout.

Where Is the ROI in a WMS Implementation?

Veridian Solutions

Assessing the return on investment (ROI) of a warehouse management system (WMS) implementation is an essential step in building the business case for investment. According to Chris Barnes , solution consultant for the Accellos platform, Warehouse Managers face many challenges in understanding the ROI in a WMS implementation. Let’s take a closer look at where Warehouse Managers may find the highest ROI in a WMS implementation. Download WhitePaper.

Supply Chain Innovation: How to Build an Award-Winning Supply Chain

ToolsGroup

This enables it to optimally manage the supply of ingredients—coffee, flavored syrup, cups and lids—from a warehouse to partner sites. Lennox almost tripled the percentage of orders that can be delivered the next morning, yet reduced inventory by almost 20%, even with a 250% increase in physical locations. They also reduced distribution costs as a percentage of sales by over 15%, increased inventory turnover by more than 20%, and reduced response time.

[e-Book] How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage

Cerasis

You can download our first e-Book, "The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries" here. Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency. We release our second e-book today by focusing on strategic logistics and transportation management creates a competitive business advantage for shippers.

Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

Cerasis

DOWNLOAD WHITE PAPER. Blockchain is entering a phase of development that will affect every aspect of supply chain and logistics management, ranging from procurement to forward logistics and beyond. Facility and Energy Management – The discussion on supply chain use of blockchain is incomplete without touching on facility and energy management, including smart buildings, advanced, integrated warehouse management platforms, and comprehensive energy controls.

ThankX Delivery Services!

Supply Chain Game Changer

Next, Leto connected Colon to an app developer (Divine Digital Agency), which created an effective, engaging, and interactive app – now available on the itunes, Apple, and Google stores (“ThankX”) for download! Visit www.gothankx.com for additional information and app download link!

Top 15 Logistics Blog Posts of 2014

Cerasis

Some logistics involves transportation or warehouses or both. It is evident, the two most popular themes around logistics in 2014 based on these page views have to deal with Reverse Logistics , e-commerce , and information around the warehouse. The Warehouse Manager’s Complete Warehouse Traffic Management Checklist : A warehouse manager is responsible for ensuring the health and safety of their employees and others who visit your workplace.

Innovate or Die: How’s Your eCommerce Strategy?

FLEXE

Short-term warehousing isn’t new. On-demand warehousing solutions make it possible to solve for inventory overflow and add fulfillment centers with little-to-no risk and no long-term lease agreements. With access to a warehouse marketplace, you can search for available space and leverage multiple warehouse partners to create the distribution network you need. So while short-term warehousing isn’t a new concept, on-demand warehousing is.

Delivering a Consumer Centric Supply Chain for Grocers – Part 4 of 4

BlueYonder

We have discussed a variety of implications to the supply chain required to provide scale and service, while effectively managing inventory and value add processes. Effective management of inventory procurement and replenishment, especially in smaller footprints, will increasingly influence the consumer experience. Order fulfillment requires orchestration across the traditional disciplines associated with supply chain planning, order management and warehouse execution.

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Lull Case Study: Order Fulfillment that Doesn’t Keep You Up at Night

FLEXE

With FLEXE, Lull gained a software platform to manage inbound and outbound shipments while tracking real-time inventory levels across their FLEXE network of fulfillment centers. Visibility and control over shipment trends and inventory levels helps the Lull team make more informed decisions on inventory allocation and management. The FLEXE Supply team sourced additional warehouse providers in the FLEXE network—all of which were already running on the FLEXE software platform.

Like A Green Lump of Clay….

Supply Chain Shaman

To see the what I built, check it out on SlideShare or view/download it in the SCI Community ). Q: Is it only inventory disrupting the agility resulting from inaccurate forecasts by S&OP? There are seven primary agility levers: Analysis of Form and Function of Inventory: Form of inventory is the decision of what form to hold the inventory in: raw material, semi-finished good or finished good. My iphone buzzed on my nightstand. I groaned.

Delivering a Consumer Centric Supply Chain for Grocers – Part 4 of 4

BlueYonder

We have discussed a variety of implications to the supply chain required to provide scale and service, while effectively managing inventory and value add processes. Effective management of inventory procurement and replenishment, especially in smaller footprints, will increasingly influence the consumer experience. Order fulfillment requires orchestration across the traditional disciplines associated with supply chain planning, order management and warehouse execution.

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Better Spare Parts and Supply Chain Management via 3D Printing

Logistics Bureau

It must balance overall inventory, local availability, and variations in demand. They can bulk up on spare part stocks, but inventory costs money. Forecasting and inventory for spare parts are indeed thorny problems. This is a form of supply that takes traditional warehousing and demand planning out of the equation. There is then no need to store physical objects in a physical warehouse. This solves the issues of unpredictability and inventory.

Supply Chain Management:Why not WMS App? - Infosys Blogs

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. The companies today need a Warehouse Management System (WMS) that can be implemented quickly, configured easily and which is cost effective. Todays WMS is a tightly integrated code between the intrinsic WMS functions like receiving, put away, inventory, picking, packing and shipping, which are the primary functionalities. Procurement Blog. About Us.

Save money with our 8 step guide to improving the purchasing process in your business

Silver Lynx Supply Chain

It’s sometimes called “procure to pay” or P2P for short. Download our free cheat sheet with 24 extra tips to improve your purchasing process. For example, an RFP could be used for a multi year fleet arrangement, and an RFT could be used for procurement of raw sand for a year long contract. Your company procurement policy will typically specify the dollar limits for when an RFP or RFT should be used.

Save money with our 8 step guide to improving the purchasing process in your business

Silver Lynx Supply Chain

It’s sometimes called “procure to pay” or P2P for short. Download our free cheat sheet with 24 extra tips to improve your purchasing process. For example, an RFP could be used for a multi year fleet arrangement, and an RFT could be used for procurement of raw sand for a year long contract. Your company procurement policy will typically specify the dollar limits for when an RFP or RFT should be used.

Save money with our 8 step guide to improving the purchasing process in your business

Silver Lynx Supply Chain

It’s sometimes called “procure to pay” or P2P for short. Download our free cheat sheet with 24 extra tips to improve your purchasing process. When the expected cost is above what’s stated in your organizations procurement policy. Receive stock into inventory in a timely manner.

Save money with our 8 step guide to improving the purchasing process in your business

Silver Lynx Supply Chain

It’s sometimes called “procure to pay” or P2P for short. Download our free cheat sheet with 24 extra tips to improve your purchasing process. When the expected cost is above what’s stated in your organizations procurement policy. For example, an RFP could be used for a multi year fleet arrangement, and an RFT could be used for procurement of raw sand for a year long contract. Receive stock into inventory in a timely manner.

Supply Chain And Logistics Trends That Could Be Big In 2020

Logistics Bureau

Again, this might include recycling or refurbishing items damaged in storage or transit, or placing undamaged returns back into a sales inventory. Finalisation of the checkout process triggers the creation of a shipment and download of shipping labels via the last-mile delivery provider’s integrated platform. It’s time to start looking ahead again.

3 Technology Companies Disrupting Shipping

FLEXE

The speakers cover everything from air and ocean freight to trucking and warehousing. I’m Nerijus Poskus — Director of Pricing and Procurement at Flexport. We are a marketplace for warehousing services. So if you operate a warehouse, if you rely on 3PL to operate your warehouse, we are a networked marketplace of, essentially, 3PL services. In any of these scenarios, fixed capacity is a mismatch for that variant over in inventory.

Case Minimani: Hypermarket Chain Cuts Food Waste Through Supply Chain Optimization

RELEX Solutions

These large stores, with their vast range and volume of products, operate on a direct delivery basis with no intermediaries and no central warehouse. However, Minimani’s overriding aim was to increase its customers’ average spend while speeding up inventory turnover. Download the case as a PDF. Case Minimani: Hypermarket Chain Cuts Food Waste Through Supply Chain Optimization. Resources » Case Studies. Background.

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Autonomous Mobile Robots (AMR): Where to Find Them Now and in the Future

Veridian Solutions

The applications of AMR in the warehouse are limitless, capable of replacing human labor for demanding, repetitive tasks. Warehouses will be able to fill more orders, replenish inventory faster, and reap significant savings and return on the investment in AMR on labor costs and through risk reductions. AMRs are already breathing new life into warehouse operations through four, distinct types of robots, reports Craig Guillot of Supply Chain Dive. Download WhitePaper.

New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

Historically, we’ve done this through free to download whitepapers and reports but have increasingly looked to webinars where key decision makers and influential stakeholders can share best practice in their industry directly with the market between events as well. . In addition, you can’t really understand the full picture of supply chain risk without listening to a webinar we ran entitled: COVID-19: Implications on Inventory Planning, Sourcing and Procurement.