Remove Groups Remove Inventory Remove Procurement Remove Warehousing

Warehousing 101: An Introduction to Digital Warehouse Automation

RFgen

Key Takeaways: Warehousing and distribution face unprecedented pressures from COVID-19 disruption, commoditization, labor shortages and rising customer expectations. Warehouse automation is an effective way to gain efficiencies, cut costs and scale operations. High warehouse turnover.

Mobile Barcoding and Warehouse Automation for Retail Inventory

RFgen

Retail enterprises must automate their inventory processes with mobility in order to stay ahead. This is no surprise, since retail relies on inventory management software and hardware to track, procure and supply its products. Simplify Inventory Counts.

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50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. “Warehouse optimization starts with an efficient layout. Use slotting to minimize inventory loss.

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. The alliance addresses the unique supply chain challenges for business in the areas like planning, procurement, production, distribution, warehousing, inventory, transportation and customer services.

Inventory Replenishment Strategies that Increase Profits

EazyStock

What is Inventory Replenishment? Inventory replenishment is the process of moving stock items along the supply chain to ensure inventory levels are sufficient to cover demand. Inventory Replenishment Strategies to Boost Profitability. Get the correct balance of inventory.

5 Reasons Why You Should Go for Paperless Warehousing

Vinculum

Warehousing is critical in movement of goods from manufacturer to the end customer. The Indian warehouse market was worth INR 561 Billion in 2018. To cater this market demand investors are investing heavily in warehousing projects. Paper-less Operation: The future of warehousing.

How to Improve Inventory Turnover with Inventory Optimization

EazyStock

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. The Importance of Improving your Inventory Turnover.

Three Ways Material Handling Equipment Is Changing with Rise of E-Commerce

Talking Logistics

With more and more brands looking to develop their e-commerce capabilities, their needs for moving and handling inventory are shifting as well. E-commerce has also forced warehouses to operate on an almost 24/7 basis, which requires improvements in MHE to handle more orders and increase efficiency. With that in mind, it is also important that organizations pilot AGV technology to make sure it is smoothly integrated into the warehouse workflow and the benefits are proven. #3

The New Value Equation in Contract Logistics

Talking Logistics

That was the main question I addressed with Greg Boring, VP of Sales at Kenco Group , in a recent episode of Talking Logistics. In light of all these factors, has the way companies procure logistics services and manage relationships changed? 3PL Episode Highlights e-commerce Kenco Group logistics outsourcing procurement supply chain visibility

This Week in Logistics News (October 8-12, 2018)

Talking Logistics

I have to go to the grocery store again today to replenish our inventory (yeah, I don’t shop for groceries online; as the son of a bodegero, I’m old fashioned that way.). Alexa Heads to the Warehouse (WSJ – sub. Transplace Acquires Yusen Logistics’ Intermodal & Freight Brokerage Group. Warehouse Space Growing Tighter on Rising E-Commerce Demands (WSJ – sub. Alexa in the Warehouse.

The Vaccine Distribution Supply Chain!

Supply Chain Game Changer

Additional focus groups are likely to follow concluding with rollout to everyone else. Procurement of Vaccines. Freight and Logistics Inventory Management Supply Chain Management Warehouse Management Freight ManagementSubscribe Here! Email Address.

5 Strategies for Retailers to Combat the Coronavirus Impact

Vinculum

It is also highly essential to avoid the scenarios of excess stock, deadstock and excess inventory replenishment. With this, retailers can also save a lot on costs in terms of stock procurement.

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.

50 expert tips on logistics planning and strategy

6 River Systems

“A centralized group can also help to resolve another common concern: it’s hard for an expert to have credibility across the company when he or she is remote and attached to a particular business unit. Implement supply chain actions, including with internal procurement teams, with suppliers and through broader collaboration, and develop measurable targets for these efforts. Think about how your warehouse might look in 2030. Warehouse Operations

The Supply Chain Team’s Impact on Capital Projects

NC State SCRC

In industries that are going through a lot of Capital Expenditure investments, including construction of pipelines, LNG facilities, and mining operations, the role of procurement on the success of the organization is somewhat different. Here are some of the areas where procurement has the opportunity to make an impact. Supply chain development, logistics excellence and standard processes will ensure that we utilize supply chain assets such as inventory more effectively.

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Optimising M&M Spares Supply Chain – LogiSYM August 2020

The Logistics & Supply Chain Management Society

15% decrease in inventory. With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions.

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Strong Supply Chains Required For an Economic Rebound: Six Steps To Take

Supply Chain Shaman

The healthcare value chain was slow to respond—the majority of Personal Protective Equipment (PPE) was in Chinese warehouses. To adapt, I recommend that companies form two groups: Operational/Business Continuity Group. Evaluate Inventory. Evaluate inventory health weekly.

How Machine Learning Is Redefining Supply Chain Management

IQMS

Key factors influencing inventory levels, supplier quality, demand forecasting, procure-to-pay, order-to-cash, production planning, transportation management and more are becoming known for the first time. Gaining greater contextual intelligence using machine learning combined with related technologies across supply chain operations translates into lower inventory and operations costs and quicker response times to customers.

Supply Chain KPIs You’ll Want Every Morning

Logility

in inventory write-down and 20% drop in stock value. Management must be cognizant of issues of procurement, manufacturing, inventory, and distribution that impact satisfaction and loyalty. Warehousing and transportation costs.

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. William Crane, Founder & CEO of IndustryStar Solutions , is an entrepreneur and experienced executive in supply chain with demonstrated results starting, launching and enhancing procurement, logistics, supplier quality and manufacturing companies globally.

HWI Unleashes Continuous Innovation

Logistics Viewpoints

Dave Elias, vice president of supply chain management, and Josh Stauffer, senior director of IT, spoke at ARC Advisory Group’s Supply Chain Forum. Additionally, the company’s goal is a best-in-class focus on safety and quality, while optimizing inventory and cost.

The View from Houston: DHL Global Energy Conference 2015

Supply Chain View from the Field

I had the opportunity to speak to a group of oil and gas executives at the DHL Global Energy conference this week, held in the Petroleum Club. The conference was a great opportunity to interact with logistics and procurement executives in an environment of open dialogue and discussion. All of a sudden, everyone is “knocking on the door” of procurement and logistics, asking for cost improvements.

50 expert tips on supply chain management

6 River Systems

Warehouse managers face numerous challenges, as well, such as the need to keep goods flowing in and out of the facility while enabling associates to practice social distancing measures. But have we taken too radical a view when it comes to inventory levels? Warehouse Management

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

If they actually follow through on their promise and oil prices continue to rise next year, how will transportation, inventory, and sourcing policy decisions change in response? Visibility Enables Faster Procure-to-Pay and Order-to-Cash processes : for example, you can leverage Electronic Proof of Delivery (ePOD) and geofencing to initiate invoicing and payment process. . Kenco Group (a Talking Logistics sponsor) is a great example. Source: Evan, Flikr. “I

Tips to improve your eCommerce invoice generation process

Vinculum

The audits performed are to check and invigilate against any malpractices by an individual or a group. When the sales volume has increased than usual, the preparation of invoices will help in tracking the inventory of goods and also to stock it up for delivery for prospective customers.

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

Cut inventory costs Be it a brick and mortar store or an online business, inventory is always present and it costs money. You also have to consider storage costs, warehouse maintenance costs, ordering new items, packaging, vendor costs — all these require spending money. To avoid skyrocketing inventory expenditure, you need to keep accurate inventory count. This will prevent overstocking and understocking, saving you unnecessary inventory and storage costs.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

This includes the final customers or groups of businesses. It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

This includes the final customers or groups of businesses. It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market.

Logistics Management Software – A Complete Handbook for Manufacturers

ThroughPut

This includes the final customers or groups of businesses. It helps coordinate the various supply chain activities, which include the complete range of procurement, development, implementation, commercialization, and delivery of the goods or services to the market.

Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

In parallel, three more raised their hands to speak on robotic automation in their warehouses focused on the redefinition of channel fulfillment. Meanwhile, warehouse robotics is staging a market shift. While there are a few stalwarts helping in the redefinition of B2B in the Network of Networks Group—BASF, Corning, Dow, Evonik, P&G, Schneider Electric and HMD Global—most are sitting back and waiting. Second Step: Understand the Role of Inventory.

[How to] Sell Online on Philippines Marketplaces

Vinculum

Using existing online platforms with respect to Filipino’s buying habits and market behavior depends on the category of products and services being procured. The post [How to] Sell Online on Philippines Marketplaces appeared first on Vinculum Group.

Reflections on the LIVING Supply Chain SCRC Meeting

NC State SCRC

I led off the discussion and took this opportunity to share some of the highlights of my new book, The LIVING Supply Chain, (with Tom Linton as co-author), and try out some of these new ideas on an unsuspecting group of people! The SCRC meeting featured a group of executives, students, and faculty participating at the Supply Chain Resource Cooperative meeting yesterday in Raleigh, held at the new Talley Student Center on the NC State campus.

Digital Transformation of Supply Chain Planning at SKF

ToolsGroup

Planners focused on their local operations or warehouses and servicing customers in their territory. It managed local inventories fed by regional warehouses and factory warehouses (See Figure 1 below). Each planner owns the forecast and inventory globally and an end-to-end plan - and is responsible for achieving external customer service targets, as opposed to multiple independent organizations, often with more internally-focused targets.

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

As an offspring of globalisation, supply chains are focused on optimisation – cost reduction, just-in-time deliveries and tight inventory-to-sales ratios. A significant paradigm shift in procurement and inventory control is an emerging area of focus.

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Everything You Need to Know About Mobile Barcoding and Data Collection for ERP

RFgen

Too many companies still rely on manual data collection processes for handling inventory. Tracking inventory in the warehouse, shop floor or out in the field using paper checklists, spreadsheets, data entry into the ERP, or using no system at all, is not effective.

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