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Brexit and the Global Distribution Landscape

global distribution landscape

The fears of how the global distribution landscape would change following Brexit were founded on the uncertainty that the referendum created. According to the Washington Post, Brexit would create a break among its trade-dependent partners, including Ireland. Without a successor agreement in place, financial costs could lead to supply chain meltdown and even threaten the state of the…

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WMS Software Procurement Lifecycle: How to Evaluate, Select, Implement, Modify, & Realize ROI

WMS Software Procurement

The warehouse management system (WMS) serves as the system of record for warehouses and distribution centers. The WMS software procurement lifecycle remains a challenge for many supply chain leaders. As explained by Tom Gresham of Inbound Logistics:  “Evidence of a poorly conceived and managed warehouse management system (WMS) implementation sometimes is so apparent that passersby on the street notice…

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What Are the Characteristics of the Best Inventory Management System?

best inventory management system

Selecting the best inventory management system remains a vital concern for small and mid-sized businesses, as well as enterprises. In the age of the internet, inventory management carries a heavy burden; failure to track and manage inventory across all channels muddies the waters of omnichannel proficiency. Moreover, failures within the inventory management system can worsen the effects…

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What Supply Chain Data Should I Track in 2020?

supply chain data

Supply chain data management requires attention to detail and a mechanism in place that provides analytics, or insights, to gain actionable knowledge. Risk exists around data when it is incorrectly or inaccurately collected and shared. To ensure your organization applies data correctly and generates meaningful KPIs, supply chain leaders must know the challenges of data tracking, how it improves…

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9 More Warehouse Key Performance Indicators for 2020

Warehouse Key Performance Indicators

The top warehouse key performance indicators impact the efficiency of both inbound and outbound warehouse operations. For instance, the cost of carrying inventory tells you how much you will spend (as a percentage) to hold and store your inventory annually. When you need to reduce your cost of carrying inventory, it’s important to reduce your inventory by…

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Top Warehouse KPIs to Succeed in 2020

top warehouse kpis

Key performance indicators (KPIs) provide an invaluable way to judge the efficacy of operations, determine opportunities for improvement, improve customer experiences, and better manage supply chain functions, including warehouse management. Supply chain leaders that wish to remain proactive to risks of disruption and improve operations through 2020 and beyond need to understand the top warehouse KPIs and how…

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WMS and OMS Implementation: Why Having a Team and Full Suite of Tools Gets the Job Done

WMS and OMS Implementation

Implementing a warehouse management system (WMS) or an order management system (OMS) offers an opportunity for warehouse managers and supply chain leaders to understand more about their operations, improve inventory planning, and meet the unique challenges that may occur, enabling omnichannel distribution and effective supply chain management. Unfortunately, a haphazard WMS and OMS implementation will…

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8 Things to See at MODEX 2020

Modex 2020

Modex 2020 is rapidly approaching. The conference begins on Monday, March 9, 2020, and runs through Thursday, March 12, 2020. The conference will take place at the Georgia World Congress Center in Atlanta, Georgia. The Expo brings together hundreds of supply chain entities, software vendors, business owners, and supply chain experts for a week of…

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What Is an Inventory Management System & Its Role in Omnichannel Fulfillment?

inventory management system

Supply chain leaders often interchangeably refer to both a warehouse management system and an inventory management system as one and the same. However, systems used to manage inventory refer to the combination of technology, including hardware and software, for the following:   Product identification   Product matching to orders   Data analysis   Product labeling and management  Documentation  Reporting  The use…

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E-Commerce Supply Chains Need These Supply Chain Tech Systems

e-commerce supply chains

E-commerce will continue to grow significantly through 2020 and beyond. As evidenced by the most recent peak shipping season, the need for effective, high-quality logistics and warehouse management has never been higher. The demands for faster, more affordable processes are growing in stride. As reported by Jeff Berman of Supply Chain 24/7, â€œ[up to] 70% of B2C companies…

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