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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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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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Revolutionizing Warehouses with Robotics: A New Era of Efficiency

SCMDOJO

The Rise of Warehouse Robotics: Revolution or Evolution? Nowadays, logistics landscapes and supply chain management are witnessing a breakthrough innovation: the automation of robots in warehouse operations. Over the years, these technologies have played the main role in warehouse robotics, and it was due to their synergy.

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3 Myths About Voice-Warehouse Management System Integration

Logistics Viewpoints

There are 3 common myths when it comes to adding new voice solutions to existing host or warehouse management systems (WMS): The Legacy Myth – You need a Tier 1 WMS to use voice-directed mobile applications so you should replace your custom-built systems or upgrade your legacy WMS package before looking at other solutions.

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7 Innovative Warehouse Management Technologies to Adopt

GlobalTranz

When it comes to warehouse management, constant evaluation and adoption of crucial technologies is critical so as to improve profitability and stay competitive. Today, warehouse managers have a wide array of technologies to choose from as they strive to reduce costs, improve efficiency and streamline operations. Pick-to-Light Systems.

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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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The Ecommerce Fulfillment Blind Spot with Kyle Bertin

The Logistics of Logistics

Kyle is the CEO and co-founder of Two Boxes , a returns company that develops technology that enables 3PLs and merchants to improve in-warehouse return operations. Two Boxes’ innovative solutions have not only saved countless labor hours but have also prevented thousands of units of inventory from ending up in landfills.