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3PL Warehousing 101

Kanban Logistics

The modern warehouse offers much more than basic storage. It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. While you can build and staff your own warehouse and perform these services yourself, more and more companies see the value in handing warehousing operations off to a third-party logistics (3PL) provider. Types of 3PL Warehousing. Inventory turns per year.

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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.

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10 Commandments of Inventory Management

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. Then, this article will show you 10 simple principles that you can use to streamline your inventory management practices right away. 3) Forecast at the right level Standard inventory management textbooks suggested that forecast be done at a product family level.

What are the 3 Decision Rules for Inventory Control?

Unleashed

Effective inventory control is a process. It involves many areas of an organisation and is a delicate balance between the three categories of inventory costs. As one of a business’ greatest assets, inventory is also the cause one of the hardest decisions manufacturers, retailers and eCommerce businesses have to make. Therefore, it is important to establish a set of guidelines to improve inventory decisions and optimise inventory control.

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.

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

10 Inventory Management Hacks You Can Do in 10 Days

Supply Chain Opz

Inventory management is one of the most important tasks for supply chain management professionals. However, most inventory control theories are too complicated or too difficult to apply to real world situations. Then, this article will show you 10 simple principles that you can use to streamline your inventory management practices right away. 3) Forecast at the right level Standard inventory management textbooks suggested that forecast be done at a product family level.

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. Warehouse management is one of the crucial business functions that play a critical role in deciding the success of business operations and ultimately ROI. With the introduction of automated and sophisticated systems, businesses are left with two options: on-premise and cloud-based Warehouse Management Systems.

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?

The Beginner's Guide to Inventory Control and Management

Supply Chain Opz

What is Inventory Control? Here we will try to answer most common questions about Inventory Control and also provide additional resources you can use. What is Inventory Control? Inventory Control can be defined as below: “Inventory control is the function responsible for all decisions about all goods and materials in an organization. Inventory control often starts with how to know the demand of particular product. What is Inventory Cost?

Adapting Fast When Manufacturing Demand Shifts: Lessons From Core Technology

IQMS

Leveraging DELMIAWORKS manufacturing ERP system, Core Technology Molding Corporation reallocates manufacturing resources to meet the spike in manufacturing demand for medical testing kits in the wake of COVID-19. Core Technology Molding Corporation is a custom injection molding manufacturer based in Greensboro, North Carolina. Achieving Agility to Meet Rapidly Changing Manufacturing Demands. Maintain optimal levels of inventory.

The Ecommerce Lifecycle with AJ Khanijow

The Logistics of Logistics

AJ Khanijow is the founder of Fulfyld , a warehousing and fulfillment company based in Huntsville, Alabama. Prior to founding Fulfyld, AJ held business development and leadership positions in the manufacturing, technology, packaging, and consulting industries.

What’s New with MMOG/LE Version 5?

QAD

The Automotive Industry Action Group (AIAG) and Odette International are releasing the fifth version of the Materials Management Operations Guideline/Logistics Evaluation (MMOG/LE) assessment this summer. MMOG/LE is used by automotive customers to select and evaluate production and parts, service and warehousing processes. Adoption of advanced technologies ( machine learning , smart manufacturing, China 2020, digital transformation) to increase performance and efficiency.

The Effects of a Recall Can Be Minimized With a Connected Supply Chain

DynaSys

If the supply chain processes are not connected from the beginning to the end of the entire procurement, manufacturing and distribution processes, or “field to fork”, you will have a bumpy road. Food and Beverage manufacturers have been putting lot numbers on products for years. These factors all fall within the realm of a connected supply chain and give manufacturers the ability to find where a compromise in the chain might have occurred.

Why a network model makes sense for today’s automotive suppliers

The Network Effect

Supply chain organizations within the automotive supplier industry contribute to manufacturing excellence in many ways, including quality, cost, and delivery to their OEM and subsystem customer base. Focused on outcomes, a competitive supply chain capability not only assures the on-time delivery of component material, but also the execution of inbound supply to ensure the shipment of quality finished goods at a competitive price while delivering on-target margins for the manufacturers.

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

6 River Systems

We may want to review their manufacturing facilities and perform some sort of quick assessment (for example, explore their process capability and yield of the product and how they handle returned parts). 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.

8 key benefits of effective supply chain management

6 River Systems

Data-driven SCM provides visibility from end to end for monitoring the flow of information, services and goods from procurement to manufacturing and delivery to the end consumer. Likewise, process guidelines can help suppliers comply with your company’s quality requirements. Without real-time data, companies often don’t have time to initiate plan B, resulting in issues such as out-of-stock inventory or late shipments to end consumers. Warehouse Operations

The Pandemic Motivates Changes in the Food Supply Chain

Enterra Insights

In addition to government guidelines for the food supply chain, the Consumer Brands Association (CBA — formerly the Grocery Manufacturers Association) started a review of supply chain infrastructure, particularly that portion associated with food industries. Retailers requiring additional resources to fulfill needs at grocery stores are provided links to sellers that have available product inventory, shipping/transportation services, supplemental labor, and warehousing services.

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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. Importantly, flexible supply chains cut costs and improve cash flow, in part through a 10% to 40% increase in inventory turns. China trade war has already put regionalization of manufacturing back on the table. But have we taken too radical a view when it comes to inventory levels?

Walmart again Raises Chargeback Stakes

Enterra Insights

Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. 2] She wrote: “There’s no doubt about it: manufacturers who fail to meet a retailer’s vendor standards can get into financial trouble. Walmart recently made headlines when it toughened delivery demands for its suppliers.

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Why investors are looking at supply chain technologies in 2020

Requis

No one’s saying we’re going to replace them any time soon, so the CFO can continue to get his financial and inventory data, but we can better manage execution decisions in transportation or a planning decision around inventory positioning using AI/ML and real-time data.”.

Transportation Cost Drains

The Logistics of Logistics

Do they follow DOE guidelines? Some other transportation cost drains: Sarbanes-Oxley, freight claims, dock congestion, order flow, customer requirements, service policies, company strategic imperatives, customer prioritization, inventory stocking policies, inventory deployment strategies, inter-company transfers, substitutions, obsolescence policies, technology capabilities and finally external and internal communications with transportation carriers.

Supply Chain Talk: 4 Effective Strategies for Creating a Robust Scheduling Process

Arkieva

Creating a robust scheduling process that adheres to the overall S&OP plan is essential to reducing inventory costs and excess waste. To support the S&OP process, the schedule must adhere to the S&OP guidelines. Creating a robust schedule is easy if we are willing to insulate the changes with piles of inventory. Given that, manufacturing assets are as adaptable as we can make them, how do we create a schedule that can absorb changes?

Assessing the True Return of Procurement Transformation on Total Shareholder Return: A Tough Proposition

NC State SCRC

This roadmap can be used to develop a set of guidelines for deployment of best practices across an organization. It also emphasizes that even a highly mature sourcing function can see its shareholder return diminished by unproductive manufacturing, delivery or market factors, and service issues that are plaguing its supply chain. > Inventory levels. > > Manufacturing cost as % revenue. > >Inventory Turns. > > Warehouse ownership. >

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5 Tips for Writing a Transportation Management Plan

Cerasis

Describe the Inbound Transportation This description covers the process by which an ordered product moves from the vendor and gets delivered to your warehouse. Describe the Outbound Transportation This description covers the movement of an outbound load from the company premises/warehouse to the customer’s destination. Manufacturers have integrated their production and transportation needs to have a more efficient transportation plan.

Top 2016 Supply Chain Strategy Posts from the Supply Chain Link Blog

Arkieva

10 Warehouse Productivity Tips for Reducing Downtime Today! View the full post or view the snippet below: If you are a warehouse manager, you would know that handling warehouse operations is not an easy task. It is important to constantly implement ways to optimize the processes and improve the operational effectiveness of the warehouse. Minimizing downtime and increasing productivity are two things that rank high on a warehouse manager’s to-do list.

The 3 Cs for a CEO to See What’s Really Important in a Supply Chain

Logistics Bureau

Forecasting, inventory accuracy and “sell-through”. Transport budgets should be managed properly, but a finance department too eager to slash transport costs may cause inventory costs to rise instead. Separate applications to manage warehousing, transportation, manufacturing and other functions may hinder overall cooperation. Take the example of a customer order for multiple items with different lead times for picking or kitting in the warehouse.

S&OP, a vision for the future. The expert interview series #7

Supply Chain Trend

Steve Hainey is an international speaker who has had over 20 years’ experience in global multi-site supply chain planning for Fortune 100 & 500 manufacturing companies of retail consumable goods, chemical materials, and medical device products. The S&OP processes eventually contributed to the division’s sales growth and all-time records for both customer service levels and inventory turns. Introduction. In the last 30 years S&OP improved performance in many businesses.

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Laundry Between Emails: Making the Most of the Coronavirus Pandemic

My Office Apps

Let us know when we can schedule a Kechie demo for you … and please take care of yourselves, follow all the guidelines, and do your best to remain healthy. . Sold in separate packages – inventory and warehouse management (CRM, Sales, Procurement, Logistics included), manufacturing, finance – or a fully configured ERP system to include all of these individual tools. Laundry Between Emails: Making the Most of the Coronavirus Pandemic.

Laundry Between Emails: Making the Most of the Coronavirus Pandemic

My Office Apps

Let us know when we can schedule a Kechie demo for you … and please take care of yourselves, follow all the guidelines, and do your best to remain healthy. . Sold in separate packages – inventory and warehouse management (CRM, Sales, Procurement, Logistics included), manufacturing, finance – or a fully configured ERP system to include all of these individual tools. Laundry Between Emails: Making the Most of the Coronavirus Pandemic.

Vertical Integration in the Supply Chain: Is it on the Rise?

Logistics Bureau

The desire for absolute control over manufacturing or raw material quality (a driver for backward integration). Warehouses and distribution assets. The multinational tyre giant chose this path because its leaders believe that at some point, the demand for rubber will become so great that it will be too hard to get quality materials for tyre manufacture. In 2006, Armor purchased a company that produces super-strength fibres used in the manufacture of bullet-proof materials.

I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

companies that move manufacturing operations overseas? 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? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory. Assuming these anticipated rate hikes occur, what impact will they have on inventory levels?

Letter from the CEO: Market Update March 26, 2020

Transplace

Inventory and manufacturing flexibility are a key component to serving this market. Original Equipment Manufacturers (OEMs) in Mexico will shut down operations. General Motors suspended its manufacturing operations in North America, but the plan did not include its factories in Mexico, which will continue operating normally until further notice. One issue that is becoming more of a pinch-point is warehouse capacity.