The Inventory Accuracy “Confidence Gap”

Talking Logistics

The research focused on the inventory visibility and optimization challenges that companies face today related to omni-channel fulfillment and the actions they should take to elevate their omni-channel performance. And it begins with improving their inventory accuracy.

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? Relative to our topic today, Lean Warehousing, is it a big part of your operations?

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Warehousing and Logistics

LeanCor

Warehousing and Logistics: How Important is Synchronization? Warehousing is a key component of logistics management and how businesses manage the transportation and storage of their inventories. Warehousing is the safe storage of goods, inventory, information, etc.

Supply Chain Inventory Optimization – Beyond the Analytics

Cerasis

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.

Tips for Maximizing Warehouse Space

Cerasis

The 2018 State of Logistics Report , sponsored by 3PL Central , indicates warehousing models are evolving at a phenomenal rate. More importantly, demand for warehouse space is at an all-time high, and warehousing is still short two million workers. Optimize warehouse design.

Embrace Lean Warehousing Practices in 2017

Talking Logistics

Even the most determined business optimist would be hard-pressed not to find a warehousing cost that isn’t creeping skyward. One of the core concepts behind lean is the need to look closely at operations within your warehouse, and never fall into the trap of complacency — even if things seem functional at the moment. Imagine you have 10 warehouse racks, but at any given time, you only use shelf space equivalent to 7 full racks.

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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. In the absence of this visibility, warehouse operators will simply be reacting to day-to-day activities.

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Multi-echelon inventory optimization vs inventory optimization

ToolsGroup

Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft and I collaborated on a blog introducing the basic concept of MEIO, comparing it with Inventory Optimization. Inventory Optimization

The 7 Warehouse Service Offerings

The Logistics of Logistics

There are 7 main types of warehouse services offerings. While each warehouse company has it’s own unique specialties, these are the predominant warehouse service offerings. Everyone knows what a warehouse is, but I decided to publish Wikipedia’s definition because it was really good. Warehouse Definition. A warehouse is a commercial building for storage of goods. The 7 Warehouse Service Offerings. Warehouse Service Offering 1 – Pick and Pack.

Multi-echelon inventory optimization vs inventory optimization

ToolsGroup

Editor’s Note: Last year ToolsGroup became Microsoft’s partner for Multi-echelon Inventory Optimization (MEIO) in Industrial accounts. Microsoft and I collaborated on a blog introducing the basic concept of MEIO, comparing it with Inventory Optimization. Inventory Optimization

Regaining control: Inventory management best practices (Part two)

Kinaxis

In part one of “Regaining control: Inventory management best practices” , we talked about controlling inventory, before being able to competently manage inventory. Inventory management best practices all about getting organized. by Richard Cushing.

Optimizing Your WMS: Are Your Warehouse Management System & Supply Chain Technology Ready for Peak Operation?

Cerasis

Software and supply chain technologies have become integral components of successful warehousing practices. Through a warehouse management system (WMS), a company can gain real-time insight into product location, movement, and inventory. The post Optimizing Your WMS: Are Your Warehouse Management System & Supply Chain Technology Ready for Peak Operation? Supply Chain Technology Warehouse

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. Inventory distortion” (the combined cost of out-of -stocks and overstocks) accounts for $1.1

26 warehouse pros reveal the most important factors to consider when moving to an automated warehouse

6 River Systems

As warehouses embrace technology to optimize the supply chain and reduce fulfillment costs , many companies are considering making the move to an automated warehouse. That said, there are many factors to consider when moving to an automated warehouse. Warehouse Automation

Steps to Controlling Inventory Flow & Driving Warehouse Efficiency

Cerasis

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

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.

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! The Warehouse Defined. In that sense, we can use the words “warehouse” and “distribution centre” interchangeably. Warehouse

7 Innovative Warehouse Management Technologies to Adopt

Cerasis

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.

6 ways logistics technology is impacting warehousing

6 River Systems

Warehouses, being important hubs in the supply chain, are under pressure to keep up with technology trends to keep pace with demand. RFID tags are expanding inventory visibility. On-demand warehousing is optimizing factory space utilization. Warehouse Operations

Lean Inventory: Using Lean Initiatives To Manage Inventory

Cerasis

What is Lean Inventory Management? More firms are implementing lean inventory management techniques to reduce costs, improve flexibility and have more time to focus on their customers. What is Lean Inventory Management? Attributes of Lean Inventory Management.

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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. or “How can we reduce inventory and improve our balance sheet?”.

Regaining control: Inventory management best practices (Part one)

Kinaxis

by Richard Cushing It happens to be axiomatic that you cannot manage your inventory if you do not control your inventory. Managing versus controlling inventory. Inventory management best practices. NOTE: Not every warehouse justifies zones.

Warehouse Management Proficiency Through Mobility Technology

Cerasis

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

The 5 Top Benefits of a Warehouse Management System

Cerasis

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.

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Optimizing Your WMS: Are Your Warehouse Management System & Supply Chain Technology Ready for Peak Operation?

Cerasis

Software and supply chain technologies have become integral components of successful warehousing practices. Through a warehouse management system (WMS), a company can gain real-time insight into product location, movement, and inventory. The post Optimizing Your WMS: Are Your Warehouse Management System & Supply Chain Technology Ready for Peak Operation? Supply Chain Technology Warehouse

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

Cerasis

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.

Regaining control: Inventory management best practices (Part three)

Kinaxis

by Richard Cushing In part one and part two of “Regaining control: Inventory management best practices”, we talked about controlling inventory, before being able to competently manage inventory.

IoT Inspired Smart Warehouses Are Reinventing Inventory Management

Cerasis

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.

Warehouse & Distribution Center Management: 5 Tips for Success

Cerasis

Today, Carl writes about his 5 tips for success Warehouse and Distribution center management. Every day, new warehousing and wholesale supplier businesses are opening their doors, and plenty more are on their way out because they can’t keep up in a competitive economy. Many logistics experts assert that warehouses and distribution centers are virtually the same operation, but experts like Cliff Holste at Supply Chain Digest insist that they are not. Organize Your Warehouse.

8 Common Warehousing Mistakes and How to Avoid Them

Logistics Bureau

To say there is any one single way in which to manage a warehouse would be folly—much depends on the nature of the supply chain and of the warehouse itself. To help you keep on top of your warehouse management and ensure your storage facilities don’t generate undue supply chain costs, take note of the following eight common warehousing mistakes. 1: Holding Excess Inventory. These are all symptoms of a warehouse that doesn’t get enough love.

Lost Warehouse Inventory? What to Do and When to Write It Off

Cerasis

No one wants to think about lost warehouse inventory, and it can be organizationally frustrating to determine the best process to find, research, and rectify inventory discrepancies. One of the primary reasons a company implements a warehouse management system (WMS) is to know the exact location of their inventory; if the inventory is not there, one might think it is easy to just write that inventory off the books. Warehouse

Will Warehouses Eventually Go Dark?

Enterra Insights

Thanks to the popularity of e-commerce, warehouses are some of the hottest properties in real estate. Phillips ( @EricaEPhillips ) reports some retailers were so desperate to find warehouse space this past holiday season they created pop-up warehouses in vacant suburban lots and parking garages.[1] ”[2] He adds, “Freestanding big-box stores closer to population centers than they are to warehouse districts are the primary candidates for such conversions.

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. By: David Sherman.

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10 Ideas for More Efficient & Productive Warehouse Operations

Cerasis

It goes without saying that warehouses need to find ways to prioritize workplace safety for the health and productivity of the workforce. The following is our top 10 list of ways warehouses can drive more efficient and productive warehouse operations: Consider Automation. Not only can robotic automation help manufacturers achieve greater warehouse productivity, but it can also drive significant cost savings as compared to employing workers. According to the U.S.

Optimizing Labor Management to Improve Warehouse Operations

Veridian Solutions

Take a moment to think about your top issues in warehousing. Available slots, cycle times, labor costs, supplier relationship management, transportation management, and dock management are only a few of the everyday challenges supply chain leaders face in managing warehouses.

A new era is dawning for warehousing

Supply Chain Movement

For warehousing a new era is dawning. Strategic warehousing. The robotic drive units pick up open inventory shelves (pods) and take them to the order picker. “An However, intelligent mechanisation is not necessarily limited to new warehouses. Google Glass in the warehouse.

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Why probabilistic forecasting is better for inventory optimization

ToolsGroup

In this post we’ll explore how probabilistic forecasting not only creates better forecasts, but also improves inventory optimization by improving the stock levels at store and warehouse locations in your distribution network.