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The Forecasting Accuracy Bugaboo

Logistics Viewpoints

When it comes to running a company, when things break down executives have traditionally said “we need to improve our forecasting!” Would better forecasting accuracy be a good thing? Unfortunately, most companies cannot, and will never be able to, consistently rely on highly accurate forecasts. Absolutely!

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Top 20 Warehouse Automation Suppliers Worldwide

Logistics Viewpoints

ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. billion globally, and I forecast it to grow to $9.9 We define the market as those warehouse automation providers responsible for delivery of the system to the end-user (to eliminate double-counting). billion in 2019.

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Evaluating Innovative Technology with Warehouse Simulation

Logistics Viewpoints

However, there is the difficult question of which technology to implement to make better use of your warehouse. Simulation technology is broadening possibilities for how warehouses evaluate their: Processes. Plus, it eliminates costly errors by enabling the trialing and benchmarking of different solutions in a virtual warehouse.

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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.,

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How Technology is Helping Companies Move Goods and Do Good

Logistics Viewpoints

The Intersection of Warehouse Growth and Employee Scarcity. The combination of continually growing consumer and business demand, a supply chain permanently altered after adapting to Covid, and the Great Resignation has cumulatively impacted the nation’s warehousing landscape like never before. Helping to Move Goods and to Do Good.

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Tips for Maximizing Warehouse Space

GlobalTranz

The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate. Online and mobile innovations are at the heart of increased traceability and visibility, and products must be delivered at break-neck speeds. Optimize warehouse design. Even with 5.2

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Top Supply Chain Forecasting Methods & Why You Need To Use Them

ShipBob

And since an ecommerce supply chain consists of several moving parts, how does an online brand go about supply chain forecasting, so they can make better predictions and decisions? There are several supply chain forecasting methods that businesses of all sizes can use that doesn’t involve hiring a psychic. Download the Guide.