2021 Logistics Outlook: Emerging Trends In Warehousing

GlobalTranz

As COVID-19 continues to reshape the supply chain, we're looking ahead to the emerging trends in warehousing you need to be aware of to ensure your organization thrives in 2021. Five Emerging Trends In Warehousing To Prepare For In 2021. Transform The Warehouse Network.

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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have. The basic approach to inventory optimization. The multi-echelon inventory optimization approach.

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Continuous Warehouse Optimization and The DC Technology Gap

Logistics Viewpoints

But there is a technology gap between gleaming new automated facilities and tens of thousands of existing warehouses and distribution centers that pre-date the warehouse building boom of the past 5-10 years. Modular Vs. Monolithic Warehouse Systems. Inventory and Labor Planning.

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Warehouse Automation in a Time of Rapid Change

Logistics Viewpoints

Last week I had the opportunity to speak with Markus Schmidt, President of Swisslog Americas , about warehousing in today’s environment of rapid and often unpredictable change. Prior to the pandemic, labor shortages were a driver of warehouse automation investment.

Inventory Planning vs. Inventory Optimization: What’s the Difference?

ToolsGroup

What’s the difference between traditional inventory planning and inventory optimization? Optimizing your inventory is a different beast than simply planning your inventory. They face a complex distribution network and optimizing inventory for each location is challenging.

Supply Chain Inventory Optimization – Beyond the Analytics

GlobalTranz

It is easy to make analytics the cornerstone of warehouse and distribution center management. While analytics offer remarkable insights into supply chain inventory optimization, warehouse managers must still understand how the use of slotting optimization technology impacts other processes. Siloed Data Must Be United for True Supply Chain Inventory Optimization. Consider upgrading your existing warehouse management system (WMS) or implementing cloud-based systems.

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. Types of 3PL Warehousing. The Warehouse Management System.

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4 Tips to Meet Consumers’ Growing Fulfillment Demands

BR Williams Supply Chain Management

Their demands translate to shrinking delivery timeframes, splitting inventory in multiple facilities, or relying on a third-party logistics company like BR Williams to provide fulfillment services. Splitting inventory across multiple facilities can create an inventory management nightmare.

Artificial Intelligence In Inventory Management – How To Optimize Your Warehouse Inventory Management

ThroughPut

Artificial Intelligence In Inventory Management – How To Optimize Your Warehouse Inventory Management. Why is optimizing Warehouse Inventory Management a need of the hour? Why is warehouse inventory management necessary? inventory.

Logistics Warehousing in the Pharmaceutical Supply Chain

Kanban Logistics

And perhaps no element of the supply chain is more integral to the safety of pharmaceutical products than the warehouse. About Pharmaceutical Warehousing. These standards apply to pharmaceutical warehouses , processes, and to the drugs themselves. 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.

What is Inventory Management?

Supply Chain Game Changer

Featuring Our 10 Best Inventory Management Articles! Inventory makes the world go round. Trillions and trillions of dollars of inventories exist all over the world in every conceivable form and in every conceivable channel. What is Inventory Management ? Subscribe Here!

Need for warehouse in logistics

Vinculum

Warehousing is a crucial piece of your supply chain. Whereas it’s not the sexiest of subjects, storage and inventory storage affects everything from efficiency managing inventory to obtaining orders delivered to customers on time. Outline of the role of the warehouse.

Five Suggestions for Practical Inventory Management

Logility

This revolved around moving to a larger facility as they had outgrown their existing warehouse. The real problem, however, was inventory. What is the right inventory level for your business? . Categorize your inventory. Analytics Inventory Optimization

Warehousing Made Easy: How to Meet Ever-Changing Customer Demands

BlueYonder

Warehouse managers are under a lot of pressure to maximize throughput, minimize cost, optimize labor productivity and meet shipping deadlines, and do so in a way that keeps each and every customer happy, which is a tough task. The Rapidly Changing World of a Warehouse Manager. Consumers are the new boss and are driving rapid change, and warehouse managers need to stay ahead of this if they want to stay profitable and competitive. How JDA WMS Can Make Warehousing Easy.

Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

GlobalTranz

Controlling inventory flow is a top priority among warehouse managers, and gaining control over inventory drives warehouse efficiency. However, figuring out the best way to achieve this feat can be confusing, so warehouse managers should follow these steps. Controlling Inventory Flow Begins With Liquidate Nonessential Products. Warehouses have a tendency to become stock rooms for stale product. Supply Chain Technology Warehouse

Inventory Management’s Crucial Role in the Supply Chain

Kuebix

What is Inventory Management and Why is it Important? Inventory management refers to the process of ordering, storing and using a company’s goods or materials. Ineffective management can result in excess inventory which runs the risk […].

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. They must ensure that goods, materials and products flow effortlessly by optimizing their warehouse operations through the use of warehouse technologies.

5 benefits of Inventory Management

Vinculum

Inventory management is without doubt one of the most challenging aspects when it comes to retail and eCommerce. The sheer intensity of keeping up with the stocks and noting inventory across channels and. Let’s start with the basic question: What is Inventory Management?

Strategic Logistics: 8 Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

GlobalTranz

Today we will talk about the flow of strategy as pertains to inventory flow and driving warehouse efficiency. Staying Strategic in the Warehouse with Better Inventory Flow. Throughout the entire order fulfillment process, companies have a duty to ensure optimum warehouse efficiency by appropriately controlling inventory flow. Companies must also consider the potential impact of returns and warehouse capacity.

Inventory Can Be Scary

ToolsGroup

“Your inventory problem is scary because you’re selling out before you can make new items to meet demand”. Many retailers agree that inventory can be scary. Jill , Nike and H&M who missed sales projections, upset customers with out-of-stocks, and had to clear excess inventory through deep discounting. Inventory distortion” (the combined cost of out-of -stocks and overstocks) accounts for $1.1 For example, say you have $5,000,000 of inventory at cost on hand.

Warehouse Operations

LeanCor

Lean Culture in a Warehouse Operations Setting. Many companies today are realizing that a lean culture is a more effective culture in regards to operations within a firm, such as warehousing, logistics, supply chain, etc. In regards to a lean cultural shift and establishment in a warehouse operations setting, the values of lean must be embraced by all members of the team, especially (at the beginning of the shift) by the upper management and leadership team members.

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What is Inventory Forecasting?

EMERGE App

What is Inventory Forecasting? Wait, what has this got to do with inventory forecasting? So, for the majority of small and medium businesses, inventory forecasting is simply an inventory reordering strategy to ensure that your stock levels are in the Goldilocks zone.

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. Read More: 3 Ways to Accelerate Inventory Management ».

IoT Inspired Smart Warehouses Are Reinventing Inventory Management

GlobalTranz

The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Warehouse managers must understand why changes of standards and use of the Internet of Things (IoT) are needed and how smart warehouses can meet the demands of today and tomorrow.

The Top 5 Warehousing Best Practices in Supply Chain Management

ThroughPut

Studies show that worldwide, companies spend an estimated $350 billion a year on warehousing, and this number is only estimated to increase with high dependence on traditional warehouse practices. Lean warehousing. Digital warehouse.

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Warehouse Management Proficiency Through Mobility Technology

GlobalTranz

The role of warehousing in e-commerce is undisputed, and mobility technology is integral to enhance warehouse management proficiency in the modern world. According to Ivanti , mobility technology allows warehouse managers to develop better processes and systems for inventory management and maintain high accountability, visibility, and proficiency in operations. Warehouse managers should take a moment to define mobility technology. Supply Chain Warehouse

11 Inventory Management Best Practices

Supply Chain Game Changer

Featuring Our 10 Best Inventory Management Articles! Inventory Management Best Practices article originally published by, and permission to publish here provided by, Dave Joseph at veridian.info. Use ABC Analysis to Categorize Your Inventory. Guest Blog Post Inventory Managemen

Food inventories ‘literally being eaten into,’ Americold says

The Supply Chain Journal

Food producers’ inventory is “literally being eaten into,” said Fred Boehler, president and CEO, on a Thursday evening call with analysts. Elevated inventories in the first quarter of 2020 also hurt the comparison. Warehouse revenue increased 27.4%

Warehousing, the Rise of IT, Automation, and Now… Robotics

Logistics Bureau

From a simple place to stock goods, warehouses have developed in many ways—function and form included. Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. Just-in-time techniques have led to more products arriving directly from manufacturing to the end-customer, shrinking warehouse use. Where to Do Your Warehousing. Who Will Do Your Warehousing?

Inventory Management

LeanCor

So that leaves us logisticians scratching our heads, how do we meet customer expectations when, at this point, they seem so unrealistic? Inventory management, network infrastructure, and labor deployment are all critical components necessary to meet this intense customer demand. Inventory Management Strategy. If we’re going to get inventory into consumer hands the same day they place the order, the inventory has to be 1) available and 2) less than 8 hours away.

Warehouse Setup Guide: What To Consider When Designing Your Warehouse Layout

ShipBob

Signing a lease for your first warehouse provides an opportunity to build your retail fulfillment engine from scratch. Just like furnishing a new home, renting a warehouse takes time and planning to make the most of the space to meet your logistics operations needs.

10 Proven Principles for Best Warehouse Design and Operation

Logistics Bureau

In this article, Logistics Bureau’s Mal Walker, who has spent decades exploring all aspects of warehousing, offers some valuable tips on warehouse design and operation. He has delved deeply into it and identified ten principles for optimising warehouse performance.

The 5 Top Benefits of a Warehouse Management System

GlobalTranz

The days of managing inventory in warehouses with pen and paper have disappeared. In their place, warehouse management systems have risen to make managing inventory easier, and these systems provide tremendous benefits, explains Rick Register of Inbound Logistics. Let’s take a look at the top five benefits of a warehouse management system. A Warehouse Management System Saves Space. When inventory is managed correctly , warehouse space can be saved.

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5 Hidden Costs of Using Spreadsheets for Warehouse Inventory

RFgen

Many companies rely on spreadsheets to track and record warehouse inventory movements. Today’s challenges require modernizing manual inventory tracking with digital automation like mobile barcoding technology. Contrast this process with real-time mobile inventory control.