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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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Holiday Warehousing Challenges 2021

3PL Insights

Limited Warehouse Capacity. After the shipping delays and supply shortages that were caused by COVID-19, many businesses have opted to keep more inventory on-hand in distribution centers. This leads warehouses to operate at a much higher capacity than in previous years which limits the space available for increased holiday demand.

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Why 3PL outsourcing for warehousing operations makes sense

Kanban Logistics

If you’re outgrowing your current warehousing partner or are ready to make the leap from DIY to a more robust operation, 3PL outsourcing may be the answer. In this article, we’ll tell you a little about what a 3PL warehousing operation looks like and give you 5 benefits that an outsourced 3PL relationship can have for your business.

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What is the Warehouse Role in Fulfilment?

Supply Chain Game Changer

Featuring Our 10 Best Warehouse Order Fulfillment Articles! There is nothing new about warehousing. Whilst a modern warehouse clearly does a lot more than stockpiling food, the principle remains, including the warehouse role in fulfilment. Warehousing – the basics. Warehousing – the basics. Subscribe Here!

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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.