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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.,

Modeling 236
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Robots Take Center Stage at MODEX 2024

Logistics Viewpoints

Examples of Supply Chain Robots at MODEX 2024 Several exhibitors at MODEX 2024 showcased their innovative solutions for supply chain robotics, demonstrating the diversity and potential of this field. The robots can perform various tasks, such as transporting goods, picking orders, sorting items, and replenishing inventory.

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Digital Transformation in Logistics

Logistics Viewpoints

Design and engineering, production operations, maintenance, logistics, supply chain, business systems, customers, products, and organizational structure are subject to innovative change as companies examine and update processes and deploy new tools and technologies.” Let’s take a deeper look at a few technology areas.

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Is it too Early For 2022 Predictions?

Logistics Viewpoints

With Christmas goods in stores before Halloween this year, I thought there was no reason that we shouldn’t also get a jump on 2022 predictions. The post Is it too Early For 2022 Predictions? Sustainability will become an opportunity, not a challenge for supply chains. appeared first on Logistics Viewpoints.

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Your Guide to Understanding & Minimizing Inventory Costs (with Formula)

RFgen

Managing inventory costs is a constant struggle. Between rising costs for materials and endemic labor shortfalls in the warehouse, many supply chain professionals may feel trapped in an endless cycle of shrinking profit margins. Managing inventory costs is important because high inventory costs can erode the bottom line.

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Global Fulfillment Innovation Centers on ESG in 2023

ModusLink Corporation

Global Fulfillment Innovation Centers on ESG in 2023. ESG supply chain management is critical to maximizing the benefits of omnichannel ecommerce and warehousing and distribution services. Establishing an innovative and effective marketing strategy boosts communication with all involved parties easier.

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The Role of AI in Inventory Management

ThroughPut

Inventory is the backbone of the modern firm, and potentially its most important asset. Thus, effective inventory management is one of the crucial goals of modern-day businesses – and a critical element of supply chain management. What is Inventory Management?