article thumbnail

Why Procurement Management Tool is a Must for Efficient Purchasing

Precoro

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

article thumbnail

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. To define what exactly it is, a digital twin is a virtual replica of a physical asset, process, or system. changing the structure of the warehouse, modifying processes, etc.)

Modeling 236
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Myths About Voice-Warehouse Management System Integration

Logistics Viewpoints

One of the first things people ask when investigating voice picking and other mobile applications for their DC is “how will the new applications work with my existing systems?” The All-In-One WMS Myth – A WMS voice module provides all the benefits of a best-in-breed warehouse optimization solution at a lower cost.

article thumbnail

Implementing Last-mile Delivery Technology

Logistics Viewpoints

Technology for All In a retail era dominated by e-commerce giants, customer expectations have shifted towards instant product delivery at no cost. To meet these demands and ensure superior delivery experiences, retailers and carriers must leverage last-mile delivery technology.

article thumbnail

Top 20 Warehouse Automation Suppliers Worldwide

Logistics Viewpoints

ARC Advisory Group began conducting formalized research on the global warehouse automation market in 2014. We define the market as those warehouse automation providers responsible for delivery of the system to the end-user (to eliminate double-counting). Looking back, I estimated the market in 2013 at $6.4 billion in 2019.

article thumbnail

Logistics Software: How to Make Handling Peak Times Easy

Logistics Viewpoints

The hype usually revolves around just one item and can easily be managed by a modern logistics system. But what really gets the supply chain and warehouse managers in a sweat are extremely intense sales days or weeks such as the well-known Black Friday or Cyber Monday. Imagine a warehouse operating around the clock, 360 days a year.

article thumbnail

Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?