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Lean Warehousing

LeanCor

Lean Warehousing – From Paradox to Operational Excellence. A conversation and exclusive interview with Tonya Vinas, B2B writer and editor, and Robert Martichenko, CEO, LeanCor Supply Chain Group. 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? Robert: These are the reasons we need warehousing in the first place.

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10 Ideas for More Efficient & Productive Warehouse Operations

Cerasis

It goes without saying that warehouses need to find ways to prioritize workplace safety for the health and productivity of the workforce. The following is our top 10 list of ways warehouses can drive more efficient and productive warehouse operations: Consider Automation. Boston Consulting Group research shows 1.2 million robots are expected to be deployed across manufacturing facilities in the U.S. Implement Lean Manufacturing. According to the U.S.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes. Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. DACHSER Group SE & Co.

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”.

Four Things You Probably Didn’t Know About Inventory Planning and Sustainability

ToolsGroup

I think it’s time we started spreading the good news: when you harness demand and inventory planning to slash unnecessary expenses and improve service to customers, you also reduce waste and support sustainability. Smart inventory planning cranks up manufacturing efficiency.

50 warehouse automation stats you should know

6 River Systems

Warehouse automation stats show that automation is making a big impact on warehouses and distribution centers. As technology awareness grows, more warehouses and DCs turn to automation to adapt to the changing landscape. Below, we’ve rounded up 50 compelling statistics to shed some light on the driving forces behind warehouse automation and the impact automation has on the industry. The number of private warehouses is growing. Warehouse Automation

22 warehouse pros share the biggest mistakes made with inventory management (and how to avoid them)

6 River Systems

Managing warehouse inventory, on its face, seems a simple concept: Keep enough stock on hand to fulfill orders, but not so much stock that your warehouse is filled to the brim with inventory that won’t move for months (or years). Too much slow-moving inventory means you’re spending money to store products that aren’t earning immediate revenue, and too little means backorders and unhappy customers who are likely to seek out your competition.

A Comprehensive Warehouse Safety Guide!

Supply Chain Game Changer

When it comes to the state of working in America, warehouses have seen a huge increase of workers with over 1,000,000 total since the start of 2018. Warehouses, often full of moving machinery carrying heavy loads, are inherently one of the most dangerous places to work. If you’re a warehouse manager, failing to control these risks can lead to high employee turnover, decreased productivity, legal issues, and, at worst, injury or fatality. The Importance of Warehouse Safety.

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

6 River Systems

As warehouses embrace technology to optimize the supply chain and reduce fulfillment costs , many companies are considering making the move to an automated warehouse. That said, there are many factors to consider when moving to an automated warehouse. To help you prepare for the transition, we reached out to a panel of warehouse pros and asked them to answer this question: “What’s the #1 factor to consider when moving to an automated warehouse?”

Will Warehouses Eventually Go Dark?

Enterra Insights

Thanks to the popularity of e-commerce, warehouses are some of the hottest properties in real estate. Phillips ( @EricaEPhillips ) reports some retailers were so desperate to find warehouse space this past holiday season they created pop-up warehouses in vacant suburban lots and parking garages.[1] ”[2] He adds, “Freestanding big-box stores closer to population centers than they are to warehouse districts are the primary candidates for such conversions.

Why Inventory Revaluation Is Your Next Important Task

Unleashed

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions.

Manufacturing Gains From Machine Learning

IQMS

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Bottom line: Machine learning algorithms, applications, and platforms are helping manufacturers find new business models, fine-tune product quality, and optimize manufacturing operations to the shop floor level. New products are proliferating in manufacturing today, and delivery windows are tightening.

29 warehouse & automation experts share insights on how warehouse robots will impact industry employment

6 River Systems

Warehouse robots are just one form of warehouse automation , but they’re making a big impact. From greater flexibility and scalability to productivity gains, a faster ROI compared to other automation solutions and better resource management, warehouse robots are changing the face of warehousing. Read on to find out what our panel had to say about the impact of warehouse robots on industry employment. Warehouse robots are the future, plain and simple.

Inventory Management Techniques That You Need to Know About

EMERGE App

Not Another List of Inventory Management Techniques. I want to start by saying that this is not an exhaustive list of all the possible inventory management techniques available for all industries. Rather, it’s a carefully curated list of inventory management techniques that work for our wholesale and distribution customers around the world. What we will cover are practical inventory management techniques that: Our customers use; and.

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.

HCL Tech signs global alliance agreement with JDA Software Group

Supply Chain Network

From IIFL: “HCL Technologies, a leading global IT services provider, announced today that it has signed a global alliance agreement with the JDA Software Group, Inc, leader in supply chain management. This announcement expands HCL’s existing relationship with JDA thereby extending HCL’s offerings in professional services for industries such as retail, manufacturing, CPG and life sciences for the Americas and the Europe.

A Comprehensive Warehouse Safety Guide for Managers & Executives to Know

Cerasis

When it comes to the state of working in America, warehouses have seen a huge increase of workers with over 1,000,000 total since the start of 2018. Warehouses, often full of moving machinery carrying heavy loads, are inherently one of the most dangerous places to work. Warehouse

5 Reasons Why You Should Go for Paperless Warehousing

Vinculum

Warehousing is critical in movement of goods from manufacturer to the end customer. Whenever we come across this term ‘Warehouse’, we imagine a big closed place which is used for storage of the goods to be transported, whether inbound or outbound, trucks moving to and fro, lot of labourers would be working etc. The Indian warehouse market was worth INR 561 Billion in 2018. To cater this market demand investors are investing heavily in warehousing projects.

4 Key Reasons Why Businesses Should Opt for Cloud-based WMS

Vinculum

Be it manufacturing or operations or managing communications, both internally as well as externally, the tech trends are set to reshape the entire business landscape. While businesses plan to expand their warehouse capacity, ensuring the data they store on the WMS is pivotal.

Structuring Your Demand Planning Group to Make its Greatest Contribution

Supply Chain Nation

Whether you are contemplating creating a demand planning group within your company, or questioning whether your current demand planning is as functional as possible, Part 2 of this 4-part series is aimed to help you navigate the hurdles of structuring your organization and its supported processes, so as to ensure your demand planning group is established and organized for its greatest chance of success. Likewise, for a manufacturer, their retail customers own the sales forecasts.

Preparing for the Future of Supply Chains

Talking Logistics

If you could tell a warehouse manager back in 1980 that someday robots would be working alongside humans in the racks, or that individual items could be tracked and traced in real time, they would have laughed it off as science fiction. This practice rewards forward-thinking—quite literally, in this case—supply chain and warehouse management teams that accept and embrace the change that will revolutionize workflows many times over between now and retirement.

ABC Analysis of Inventory: Optimize Business Bottom Line

OptiProERP

The most common concern supply chain management experts struggle with is accurately identifying the causes of inventory inconsistencies. If a discrepancy is identified when users pick an item or perform a count, an inventory correction needs to be performed. Every inventory issue has a specific method that can be adopted to resolve it. Perform a recount of the inventory in question, preferably by someone who was not involved in the initial count. Inventory Management

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). Warehouses are complex operations with many moving parts and functions happening simultaneously, so while there are plenty of areas to improve productivity, it’s not always easy to determine where your efforts will pay off. More than 50% of your warehouse labor is in pick and pack, so start there.

Supply Chain Agenda of Alessandro de Luca, SVP at Merck Group

Supply Chain Movement

Alessandro de Luca, Senior Vice President, Head of Global Supply Network Operations at Merck Group. I am responsible for the end-to-end global supply chain for Merck Serono, the group’s pharmaceutical division. It involves supply planning, distribution and warehousing, demand planning, country customer service and contract manufacturing operations (CMO) for all brands within the pharma division, which has a turnover of Euro 6 billion per year.”.

Why Inventory Revaluation Is Your Next Important Task

Unleashed

All product-based businesses need to track the value of their inventory – and this goes double in a period of dramatic upheaval. The value of your inventory has likely changed thanks to the Covid-19 crisis, and you should consider revaluing it before you make any major business decisions. What is inventory revaluation? Inventory revaluation is the adjustment of the costs of inventory to reflect changes in the recorded cost. Your inventory becomes obsolete.

Inventory Management Techniques for New Warehouse Owners

Vinculum

Inventory or stock commonly refers to the goods, products, or materials that a particular business holds for the sole purpose of selling, reselling, or repairing them. Today, so much of the world’s warehouse spaces hold stocks and inventory for companies and businesses alike. For one, LS Commercial’s warehouses are specifically designed to house quite a considerable amount of products and materials of varying shapes and sizes. What is Inventory Management?

How to build an automated warehouse system: which new technologies do you need and why?

6 River Systems

Many warehouses are seeking ways to leverage automation for better efficiency, but building an efficient automated warehouse system requires careful selection of the right technologies. Your warehouse systems and software need to be able to share data between them, but those systems are not all the same and may have different data formats. APIs enable applications to collect data from disparate warehouse information systems, supporting integration and eliminating data silos.

8 DC and Warehouse Slotting Considerations for More Efficient Warehouse Operations

Cerasis

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. Many of our shipper customers have asked us for content related to better warehouse or distribution operations. This is a sign of poor warehouse operations management.

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Omnichannel Retailing: The Savior of Non-Essential Retail for the COVID Crisis

Vinculum

Production and Manufacturing Shut Down. Almost all industries, be it fashion, communication, logistics, have encountered the brunt of this global pandemic, especially, the manufacturing, and production-based industries. The entire supply chain has gone for a toss as most production and manufacturing facilities are shut down uncertainly. Unsold Inventory and Overstocks. Stay home, stay safe have been the prominent pledge, lately, yet, how safe is your inventory inhouse?

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

This includes the final customers or groups of businesses. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. With the help of a sound Logistics Management Software, manufacturers can effectively manage the multifaceted process involved right from the production cycle to the delivery of raw materials to shipping the finished products to the consumers.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

This includes the final customers or groups of businesses. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. With the help of a sound Logistics Management Software, manufacturers can effectively manage the multifaceted process involved right from the production cycle to the delivery of raw materials to shipping the finished products to the consumers.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

This includes the final customers or groups of businesses. From a manufacturing perspective, logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. With the help of a sound Logistics Management Software, manufacturers can effectively manage the multifaceted process involved right from the production cycle to the delivery of raw materials to shipping the finished products to the consumers.

What is Inventory?

Logistics Bureau

Well, I asked Keiran Hogan one of our inventory management experts, exactly that question! Inventory can best be described as any materials or goods that pass through or are held in your business and are necessary in order to carry out your trade. Inventory Management. Inventory management is the activity involved in making sure your inventory works for your business as cost-effectively as possible. There are several parts to inventory management.

6 Tips for Improving Warehouse and Distribution Center Efficiency

Supply Chain Game Changer

Things can always be faster when you work in a warehouse or distribution center. If you want to keep your customers satisfied, you need to keep things moving in your warehouse or distribution center. Keep Your Warehouse Organized. Nothing stymies operational efficiency like a poorly-organized warehouse. Today’s warehouses are much larger than they were in the past. You can group packages by their contents, destination or point of origin. Subscribe Here!

Structuring Your Demand Planning Group to Make its Greatest Contribution – Part 2 of 4

Supply Chain Nation

Whether you are contemplating creating a demand planning group within your company, or questioning whether your current demand planning is as functional as possible, Part 2 of this 4-part series is aimed to help you navigate the hurdles of structuring your organization and its supported processes, so as to ensure your demand planning group is established and organized for its greatest chance of success. Likewise, for a manufacturer, their retail customers own the sales forecasts.