Archive for May 2019
Using Technology to Improve Inventory Management
Using technology in the warehouse is one of the most effective ways to improve inventory management and reduce returns. Since returns represent a significant cost to companies, it is imperative for retailers to take steps to improve inventory management and manage returns. Gaining control over returns is easier when systems are in place to automate…
Read MoreInventory Management Mistakes: What Supply Chain Leaders and Managers Need to Know
Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net, the costliest problem is due in large part to poor inventory visibility and planning. More than 60 percent of wholesalers routinely keep more than one month of inventory on-hand, and since 77 percent of businesses lose sales…
Read MoreOptimizing Labor Management to Improve Warehouse Operations
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. Unfortunately, the topic of labor management often falls by the wayside in favor of newer,…
Read MoreLabor Management in the Warehouse to Become Key to Supply Chain Success
Labor management in the warehouse might seem like another trivial task. At its core, labor management in the warehouse refers to scheduling and planning of team member shifts. The reality is that labor management has evolved in tandem with the rise of new supply chain software solutions and advancements in technology. Meanwhile, warehouses that use…
Read MoreRobotic Warehouses: Why Are Companies Straggling Behind the Movement?
Robotic warehouses have great potential. Supply chain leaders across the globe scour the latest technologies and capabilities of robots. The reasoning is simple; robots offer a tireless army of workers without the hassle of managing human laborers. Unfortunately, significant obstacles to robotic warehouses still result in some companies eyeing the technology with suspicion, if not…
Read MoreHumanless Warehousing: Tips to Prepare for a Robot-Driven Future
Mujin, a Tokyo-based company, has developed and deployed the first fully automated, humanless warehousing robotic systems, reports CNBC. Unfortunately, significant challenges continue to plague the idea of humanless warehousing, yet the benefits of automation and robotics must not be ignored. Supply chain leaders need to understand these facts and follow a few tips to prepare…
Read MoreImproving Warehouse Productivity Part 2: How to Scale Throughput Per Day in Your Warehouse with Strategic Management Styles
The road to more than 1 million orders shipped is much more complicated than meets the eye. In part ones of our two-part series on improving warehouse productivity, we listed best practices to increase throughput using automated systems and data. However, it’s not enough to use technology and data to achieve faster order fulfillment. The…
Read MoreImproving Warehouse Productivity Part 1: Achieving Scalability to 1 M+ Order Throughput With Data & Technology
The e-commerce revolution, omnichannel, personalized services and products, SKU proliferation, the Amazon Effect, and many other factors influence throughput in your warehouse. Throughput inefficiencies lead to decreased customer service and reduced profitability. Thus, the best way to avoid these risks and grow your company lies within increased throughput. This two-part series will explore the use…
Read More[WHITE PAPER] Reverse Logistics: The Key to Omnichannel Success
Companies cannot afford to write-off the costs of reverse logistics. Up to 50 percent of all returned products are resold in an attempt to recoup costs, reports Andrew Orben of Tekovery, as published within Edition 99 of Reverse Logistics Magazine. With the risks of returns rising in tandem with the growth of e-commerce, supply chain…
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