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.

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?

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The 10 Procurement Metrics that Matter in 2021

Unleashed

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis.

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. Design a floor plan that meets your needs now and also allows for growth. Upgrade your warehouse equipment.

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

GlobalTranz

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. Well, it starts with focusing on the areas and objectives that can meet your desired outcomes. In today's blog post we will go over five key areas those managing or directing company warehouses can focus on to achieve reaching your desired outcomes.

Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

GlobalTranz

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. The simplest way to think of procurement logistics is the procurement of materials needed to manufacture products. What Is Procurement Management?

The 3 Pillars of Digital Procurement!

Supply Chain Game Changer

Procurement professionals have the same question looming over their head on a daily basis: “How do you plan on dealing with digitalization?”. Recently I had the pleasure of attending EBG Network’s 8th Annual Source to Pay Summit, which gathered some of the Nordic’s largest organizations and procurement profiles. Regardless of the sheer amount of content one could chose to consume, the theme for the day was apparent and held strong: Digital Procurement. Subscribe Here!

Optimizing Retail Supply Chains to Meet Demand and Reduce Costs

CH Robinson Transportfolio

It’s no secret that retail supply chains can be particularly complex; trying to continuously meet changing consumer demands while also driving growth can result in missed opportunities to manage cost and drive efficiency. Change your thinking on retail procurement. Robinson’s supply chain and procurement solutions, connect with an expert today. The post Optimizing Retail Supply Chains to Meet Demand and Reduce Costs appeared first on Transportfolio.

20 warehouse professionals and business leaders reveal the single most important first step when designing a warehouse layout

6 River Systems

There are many factors to consider when designing a warehouse layout, and every design decision can have a significant impact on operational efficiency. Curtis Barry & Company , labor comprises more than half of a warehouse’s total operations costs. Warehouse Operations

Effective Warehouse Management in an Omnichannel World

GlobalTranz

An effective warehouse management strategy is key to staying competitive and meeting consumers’ expectations in the omnichannel world. Knowing the available inventory and assets only in distribution centers is inefficient and lacks value, but when applied across an entire supply chain network, inventory visibility propagates effective warehouse management. As a result, stores and regional warehouses end up overstocked or understocked, and carrying costs soar.

OPTSUM 2015: Where SCM meets Science

BlueYonder

Connecting the dots between demand, fulfillment, transportation and warehouse management was the theme for JDA’s Rajiv Bhuta. Sreedevi Gannae and Vishal Agarwal from Cognizant provided insight on how predictive analytics is transforming procurement through the five pillars, namely: price forecasting, cost modeling, spend and contract optimization, risk modeling and behavioral analytics.

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Mobile Barcoding and Warehouse Automation for Retail Inventory

RFgen

This is no surprise, since retail relies on inventory management software and hardware to track, procure and supply its products. Omnichannel fulfillment and e-commerce put further demand on retail supply chains to meet taxing customer expectations.

4 Reasons Procurement Consulting is Supercalifragilisticexpialidocious

AFFLINK

Mary Poppins might not be real, but her deliverables certainly can be – when you hire the right procurement consulting firm. Just as Mary Poppins delivered more than a traditional nanny, today’s procurement consulting firms do a lot more than improve your KPIs. Increasingly, strategic procurement is viewed as an essential part of overall company strategy, rather than as a separate unit that’s responsible only for carrying out objectives the company’s leaders come up with.

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.

Reflections on the LIVING Supply Chain SCRC Meeting

NC State SCRC

The SCRC meeting was a huge success yesterday. The SCRC meeting featured a group of executives, students, and faculty participating at the Supply Chain Resource Cooperative meeting yesterday in Raleigh, held at the new Talley Student Center on the NC State campus. This discussion was followed up by a great presentation from Vince Messimer, who is retiring from Shell Oil after 34 years with the company as their head of procurement for Shell Manufacturing.

4 Ways To Improve Procurement For Increased Customer Satisfaction

Slimstock

Though it’s often overlooked as an element of customer satisfaction, procurement is an essential component for delivering that satisfaction. Procurement involves buying goods and services that keep an organization operating; it ensures warehouses are well-stocked with the proper supplies at all times. Procurement can be responsible for up to 70 percent of a company’s revenue , so small changes in procurement functions can have a major impact on profitability.

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

Our 40 th Bi-Annual Supply Chain Resource Cooperative meeting was a great success, culminating with the student gallery walk, featuring 27 undergraduate and MBA supply chain projects. The meeting was attended by over 80 executives, as well as numerous students and faculty.

Is Procurement a True Profession….Yet?

Supply Chain View from the Field

Gerard Chick and I are working on a new book, that is effectively questioning whether procurement, as we know it, is on the right track, and if not, what it will take to get it back on track. There is certainly a lot of work to be done, and this exciting project that we’ve been traveling through will I believe provide some provoking ideas to drive the profession of procurement to new heights.

What Is Driving Interest for a Warehouse Management System in the Cloud?

GlobalTranz

Interest for a Warehouse Management System in the cloud has risen as companies attempt to stay competitive with Big Box Retailers and Amazon, but those are not the only factors driving investment in cloud-based WMS. Ultimately, supply chain executives need to understand the challenges of a traditional WMS, and why a Warehouse Management System in the cloud is a viable solution with key benefits. What’s a Warehouse Management System in the Cloud? Technology Warehouse

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

GlobalTranz

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. 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. If you are looking for warehouse cost reductions, chances are you are stocking too much inventory. Understand "Hidden Costs" in the Warehouse Cost Reductions Quest.

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How Banks Can Improve Transparency in Procurement for Better Compliance

Jaggaer

Procurement in Banking also faces unique challenges due to the tough regulatory compliance environment that sets limits on how Banks can achieve goals like cutting costs. Let’s say, for example, a supplier of facility management fails to meet its contractual obligations, causing the bank to make substantial losses. The bank’s Chief Procurement Officer may want to change vendor. Procurement’s Role in the Banking Industry. Banking is a unique industry in many respects.

What To Do When Your ERP System Isn’t Meeting Your Supply Chain Needs

RFgen

With the rapid growth in the supply chain and data management markets, many companies elected to implement an ERP system with the hopes of reducing costs and improving efficiency, whether they’re specifically looking at their warehouse management , procurement or distribution processes.

Material Handling and Fleet Management: Uncovering Opportunities for Cost Savings and Other Business Benefits

Talking Logistics

Supply Chain and Logistics executives are under a great deal of pressure to not only meet today’s more demanding customer expectations, but to do so in a cost-effective manner. But fleet management can mean other things, especially in warehouse operations. “We That includes all material handling equipment within a warehouse, distribution center or manufacturing site, such as forklifts, personnel carriers, yard spotters, sweepers, and booms.

5 Procurement Management Tips for the New Kid on the Block?

AFFLINK

In much the same way, any business seeking success in the procurement management environment should address the fundamentals first. Procurement management accountability builds from having processes and quality controls that meet or surpass customer expectations. Meeting quality expectations may involve meeting international and national standards such as ISO 9001. The late John Wooden focused on fundamentals.

Manufacturing Quality Issue Turns into a Huge Success Story for Procurement

EC Sourcing Group

The goal for my friend was to find a new supplier that could meet their quality standards – fast. Agreed to build a small warehouse next to the producer’s facility to streamline the supply chain. The last point demonstrates the benefit of hiring people that understand procurement and what can be negotiated. Most people in procurement dislike change. If you sell a premium product, manufacturing quality issues can kill your image and your bottom line.

7 Best Marketplaces & Carts to Sell Online in the Philippines: Lazada, Zalora, Shopee & more

Vinculum

This will save them the cost of premises, procuring necessary amenities, and a team of professionals to carry out the daily operations. Data-driven insights are key for any modern retailer today for not only meeting but surpassing customer expectations.

Ultimate guide to technologies that are transforming supply chains

6 River Systems

Artificial Intelligence & Machine Learning A variety of other technologies, such as robots and advanced warehouse management systems, leverage Artificial Intelligence (AI) and Machine Learning (ML) for data-driven decision-making. Warehouse Efficiency Warehouse Operations

The Supply Chain Construct for New and Growing Businesses!

Supply Chain Game Changer

That is the purview of Procurement. Specifically it is also important to have great Procurement leadership that is business savvy and great at relationship management. Leadership Procurement Supply Chain ManagementSubscribe Here! Email Address.

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8 Best Marketplaces & Carts to Sell Online in the Philippines: Lazada, Zalora, Shopee & more

Vinculum

This will save them the cost of premises, procuring necessary amenities, and a team of professionals to carry out the daily operations. Data-driven insights are key for any modern retailer today for not only meeting but surpassing customer expectations.

24 supply chain experts & business leaders reveal the #1 challenge of supply chain management (and how to solve it)

6 River Systems

“I predict we will see a greater adoption of automated tools assisting, rather than replacing, humans in specific roles within our supply chains: warehouse, manufacturing and distribution.” Also, globalization presents another hydra-headed challenge for your procurement network.

Creating a Digital Warehouse: Turning Boxes Into Numbers

RFgen

Turning warehouse activities into digital information calls for mobile data collection devices. To do this, managers must have a constant view of items being added and subtracted from warehouses and other distribution locations.

Focusing on Efficiency: Setting Foodservice Up for Success in Changing Market Conditions

CH Robinson Transportfolio

In this way, you will find new ways to do more with less, better meet customer expectations, and adapt quickly to change. Supply Chain Smart Solutions Supply Chain Technology Managed Procurement Services (MPS) Managed services Supply chain consulting supply chain efficiency

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What Is Driving Interest for a Warehouse Management System in the Cloud?

Veridian Solutions

Interest for a Warehouse Management System in the cloud has risen as companies attempt to stay competitive with Big Box Retailers and Amazon, but those are not the only factors driving investment in cloud-based WMS. Ultimately, supply chain executives need to understand the challenges of a traditional WMS, and why a Warehouse Management System in the cloud is a viable solution with key benefits. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

What Is Driving Interest for a Warehouse Management System in the Cloud?

Veridian Solutions

Interest for a Warehouse Management System in the cloud has risen as companies attempt to stay competitive with Big Box Retailers and Amazon, but those are not the only factors driving investment in cloud-based WMS. Ultimately, supply chain executives need to understand the challenges of a traditional WMS, and why a Warehouse Management System in the cloud is a viable solution with key benefits. A Guide to the Warehouse Metrics Supply Chain Execs Should Track.

How to Get a Job in the Supply Chain Sector

Logistics Bureau

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. Look out for industry-type events in your area, as these provide an opportunity for you to meet lots of people.