Remove Inventory Remove Logistics Remove Sourcing Remove Warehousing

Logistics Warehousing

LeanCor

Logistics warehousing should be considered only as one part of the total supply chain logistics strategy. And since logistics strategy is, essentially, inventory strategy, the total logistics network must be designed around the speed and flow of that inventory. The warehousing function should be a seamless component of this network. Lean approaches to warehousing makes this possible, even in the ups and downs of the global economy.

Lean Warehousing

LeanCor

Lean Warehousing – From Paradox to Operational Excellence. Before we start talking about Lean Warehousing, can you tell us a little bit about LeanCor Supply Chain Group? As a third-party logistics provider, LeanCor offers a unique combination of third-party logistics services, hands-on consulting, and training and education that helps organizations eliminate waste, drive down costs, and instill a problem-solving culture across their supply chains.

Lean 186

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

26 Best Practices in Lean Warehousing

LeanCor

Many people may think the term “lean warehousing” is an oxymoron. Let’s face it, most lean purists believe that all transportation and warehousing functions are pure waste. Many organizations see logistics functions as a way to gain competitive advantage and bring value to the customer. The use of facilities for inbound material logistics and outbound finished goods distribution are the bridges that connect all the imbalances and lack of flow in the entire stream.

Lean 249

Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. Healthcare Logistics.

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

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Today, anyone can start an online retailing business from any part of the world and ensure their products are delivered to customers efficiently by using a third-party logistics company. Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends.

About Warehousing

Logistics Bureau

What’s the definition of warehousing and warehouse? Well, I asked Colin Airdrie, one of our warehousing experts, exactly that question! I hope his answers help you if you’re new to supply chain management, or are just trying to gain a better understanding of how warehousing fits in. The Warehouse Defined. A good definition of a warehouse is “a planned space for the efficient storage and handling of goods and materials”. Warehouse Location.

Talking Logistics: PINC and project44 Partnership Commentary

PINC

Here’s more from the press release: Distribution centers, warehouses, and manufacturing plants are looking to improve gate velocity, optimize driver turnaround times, and reduce costs while becoming Shippers-of-Choice. Benefits include improved warehouse efficiency (e.g.,

What is Inventory Shrinkage?

Supply Chain Game Changer

Featuring Our 10 Best Inventory Management Articles! Inventory Shrinkage article and permission to publish here provided by Jake Rheude at redstagfulfillment.com. There are many terms for inventory shrinkage: warehouse shrinkage, product shrinkage, loss of product. They all amount to the same thing — your merchandise is missing from the warehouse shelves. Here’s everything you need to know to calculate and prevent inventory shrinkage. Subscribe Here!

Warehouse Cost Reductions: 3 Understandings Driven By Inventory Management & Lean Principles

Cerasis

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well. A Focus on Inventory Control Begets Warehouse Cost Reductions. First, look at inventory as MONEY/CASH. Source: [link].

Lean 191

Warehouse Cost Savings: 5 Key Areas of Focus and 13 Practical Objectives

Cerasis

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. In today's modern society, often, the stop gap in efficient productivity in your warehouse is typically one of two things: bad process & getting caught up in the weeds of tactics. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings.

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. Optimize your logistics network.

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.

Design, Operating and Situational Inventory Trade-Offs

ToolsGroup

Gartner analyst Paul Lord has developed a framework to better understand inventory trade-offs by categorizing those decisions according to the objectives they are meant to achieve: structural, operational and situational. Many companies struggle with decisions such as “How many days of sales or inventory turns per year should we target? or “How can we reduce inventory and improve our balance sheet?”. Structural inventory is a direct result of design choices.

Logistics Cost Reduction: 6 Focuses to Create More Profit

Cerasis

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Any percentage less for your business with logistics costs as a percent of your revenue, goes straight to the bottom line. . Logistics Cost Reduction by Focusing on Safety.

5 Tips to Improve Omnichannel Inventory Management

Unleashed

That includes the importance of robust inventory management to retail. Ensuring you don’t fail at order fulfilment begins with understanding your inventory and supply chain. In an increasingly complex eCommerce world, keeping track of inventory is tricky. Many brands are turning to omnichannel inventory management to meet the challenge. We’re going to share five tips to help you make omnichannel inventory work for you. Smart warehousing.

Improving Your Manufacturing Operations Using Warehouse Automation  

NC State SCRC

Ian is an expert on warehouse automation, and shares his insights on how you need to get started in thinking about technology and robotics in your warehouse or manufacturing operation. Sandwiched between warehouse and distribution center, manufacturing is where the value gets added. To be fair, many warehouses have benefited from new technology. Here is a look some of the biggest, and a discussion of how warehouse automation benefits manufacturers.

BoB vs. ERP – Part 2: Warehousing, Distribution and Logistics

Supply Chain Nation

A common theme in the Tier 1 and 2 landscape of supply chain execution management is the desire to “orchestrate and synchronize end-to-end business processes,” and that “warehousing and transportation are notable points of convergence” (source: Gartner 2017 Magic Quadrant for Warehouse Management Systems ). Or put another way, how closely do we tie the functional abilities of warehouse, transportation and labor management systems to those of the ERP?

BoB vs. ERP – Part 2: Warehousing, Distribution and Logistics

Supply Chain Nation

A common theme in the tier 1 and 2 landscape of supply chain execution management is the desire to “orchestrate and synchronize end-to-end business processes,” and that “warehousing and transportation are notable points of convergence” (source: Gartner 2017 Magic Quadrant for Warehouse Management Systems ). Or put another way, how closely do we tie the functional abilities of warehouse, transportation and labor management systems to those of the ERP?

Logistics Startup: FLEXE and Pop-up Warehousing

Techgistics

Source: FLEXE. Today's innovations from startups could be the source of transformation that shapes the future of logistics. Are there any start-ups out there that could have this type of impact in Logistics? This is the first in a series of posts on start-ups in the Logistics industry and we’ll start with a “shared economy” player, Flexe, a marketplace for excess warehousing space. FLEXE’s platform includes more than 400 warehouses in North America.

Improving inventory management

EFT

Factory closures, blank sailings, massive cuts to air freight, reduced warehouse capacity and more have hit business-as-usual and often turned carefully calibrated chains on their head. What’s more plenty on the retail side have found themselves with held inventory but it suddenly locked away in stores that people could no longer frequent, browse and shop from. There, “You're talking about … 20 to 25 warehouses,” across the country to give that same day coverage.

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. We never ran out of or had too much inventory.

The Top 5 Changes That Occur With AI in Logistics

Cerasis

There’s no other way to describe it: Artificial Intelligence (AI) is revolutionizing the world of logistics. In general, the predictive analytics solutions in logistics and supply chain are on the rise. The Top Logistics Trends that Will Impact Logistics Management in 2018?.

Inventory Visibility – Beyond ERP

TPSynergy

Inventory Visibility. Inventory is a key part of any business. Manufacturing, Distribution businesses depends on availability of correct inventory. Important feature of inventory is its visibility. If the inventory lies in a corner of the warehouse and not visible to Planners, it will add to inefficient resource utilisation. ERP and Inventory Visibility. Most of the business today, depends upon their In-house ERP system for inventory visibility.

Rethinking Warehouse Operations Management with Artificial Intelligence

ThroughPut

After all, it is important to know how certain events could impact operations in the future and what companies can do to mitigate unforeseen risks due to volatile production conditions to efficiently manage warehouse operations. Supply chain forecasting is a great way to help manufacturers, operations managers and production planners make educated predictions about factors influencing warehouse operations. Blog operations management shop floor supply chain forecasting warehouse

23 warehouse pros reveal the best ways for warehouses to control & reduce fulfillment costs

6 River Systems

Every warehouse strives for efficient order fulfillment. There are many factors that can impact costs, from warehouse replenishment practices to the warehouse equipment deployed to support the fulfillment process. ” Meet Our Panel of Warehouse Pros: Nate Masterson. Read on to learn more about the best strategies to control and reduce your warehouse fulfillment costs. Define normal parameters and fine-tune the physical inventory system.

[VIDEO] Logistics Beacons: Using Proximity As A Logistics Oversight Service

Cerasis

The global logistics industry generates $9.1 The global Third Party Logistics (3PL) industry generates $750 Billion in revenue as a part of that figure. These are huge numbers that represent the movement of every good across the globe and the reason we are seeing the rise of Logistics Beacons as a way to increase logistics and supply chain visibility. . There is no larger industry in the world than logistics. Tagging Moving Cargo with Logistics Beacons.

Video 191

7 Incredible Benefits of Cloud-Based Logistics Management

Cerasis

In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. More findings on the cloud cargo transportation and warehouse management systems you may discover on the web. Each industry has its peculiarities, among the others, in the logistics, manufacturing, and supply. It incorporates your resources from every stage of the logistic process in the real-time. Logistics

Inbound Logistics

LeanCor

Planning a Lean Inbound Logistics Strategy. At LeanCor, we refer to our inbound logistics solutions as lean logistics engineering. The lean logistics engineering process incorporates several complex factors including volume fluctuations, sourcing changes, and lead, window, and service times to determine transportation modes, sourcing locations, freight consolidation, trailer loads, route combinations, and freight sequences.

Managing Warehouse Management Systems (WMS) For Future Growth

IQMS

Bottom Line: It’s time to transition the role of warehouses from cost centers to revenue centers that support new digitally enabled supply chains and business models that require greater accuracy, speed, and scale than ever before.

Logistics KPIs Case Study: Whirlpool’s Supply Chain and Logistics Success Driven by Effective KPI Implementation

Cerasis

We conclude our ongoing series in talking about effective KPI management by giving you a real live Logistics KPIs management case study from Whirlpool's engagement with a logistics service level provider. The Reiterated Importance of Understanding and Managing KPIs in Business and Logistics Management. We hope the following case study shows you the proverbial proof in the pudding of effective Logistics KPIs management. . What core Logistics KPIs would you track?

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 and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. Making supply chain and logistics predictions is like throwing darts at a moving target. How will transportation, inventory, and sourcing policy decisions change in light of this cheap oil environment? Like oil prices, interest rates impact supply chain policies and decisions, especially with regards to inventory. The Case for Competing on Logistics Talent.

How Your Warehouse Can Navigate Costly Global Supply Chain Disruptions

OneSCM

With over 17,000 infections and more than 300 deaths, recent news about the outbreak of the coronavirus in China has grabbed attention from a global audience, including supply chain and logistics managers.

Inventory Management Mistakes: What Supply Chain Leaders and Managers Need to Know

Veridian Solutions

Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net , the costliest problem is due in large part to poor inventory visibility and planning. What Are the Most Common Inventory Management Mistakes? As noted by Logistics Bureau , the most common inventory management mistakes include: Carrying excess inventory. Failure to understand inventory needs.

Can Your Inventory Control System Support Seasonal Demand?

LeanCor

How can companies calculate the right inventory quantity and send it to the right place at the right time with such seasonality involved? Don’t be fooled by the scary mask – it is possible through rigorous supply chain planning, a sufficient inbound and outbound logistics network, and a supporting inventory control system. Here are 3 tips to help you develop an inventory control system based on flow to the customer: 1. Where will you keep the inventory?

System 156