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Key Tools and Technologies to Build the Warehouse of the Future

DELMIA Quintiq

Warehouse management is no longer the static element in the supply chain, but an area that’s ready for smart transformation. This makes warehouse digital transformation a reality in order to sustain business and thrive amidst increasing competition and market pressures. billion in 2020 and is projected to reach USD $14.18

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The Most Important Distribution Center Metrics to Track and Understand

GlobalTranz

Throughout the supply chain, the use of metrics to track and understand processes provides an invaluable resource for ensuring increased production and customer satisfaction. What Distribution Center Metrics Need Tracking? However, the most important metrics can be categorized into the following eight areas. On-Time Shipping.

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Real-World Scenario: Best Practices for Warehouse Contracts: Part One

GlobalTranz

When it comes to the logistics industry, whether it's transportation management contracts or warehouse contracts, there are a million moving parts, and as many questions. In the below is a real world example of a consultant coming to a third party logistics company with the goal of choosing a warehouse and 3pl provider.

Modeling 194
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[e-Book] The Ultimate Guide to Manufacturing, Supply Chain, Logistics, Transportation, & Freight Metrics & KPIs

GlobalTranz

Furthermore, some data may be of minimal use without comparison to and identification of trends and collaborations between data from other transactions within a given warehouse or transportation system. Unfortunately, data lacks value if not properly cleansed, transformed, and applied.

Metrics 120
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WMS Selection: What Drives an Investment in a Warehouse Management System? 5 Considerations

GlobalTranz

Thus, the demand for warehouse management systems (WMS) has increased, but how do companies distinguish the best-of-breed WMS solutions? You must always think about the cost of investment in a warehouse management system. Furthermore, track the return on investment (ROI) of the system with KPIs and metrics.

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The 9 Key Considerations of an Effective Last Mile Logistics Strategy

GlobalTranz

Obviously, shippers cannot track what consumers use their personal devices for all the time, but they can use metrics and Big Data to track what consumers are doing on their respective e-commerce sites. Shippers must create robust last mile logistics strategies that shrink the distance between warehouse and consumer.

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6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

GlobalTranz

Importance of Metrics in Reverse Logistics Management. To monitor progress against its reverse logistics management plan, a company needs metrics that measure the financial impact of returns on the firm and on other members of the supply chain. Energy used in handling returns : This metric is used in sustainability programs.