We are living in a world of speed, immediate accessibility and instant gratification. To keep up with the demand, manufacturers have to procure raw materials, build components, assemble finished goods and physically ship them across the world. Yet they are challenged with shorter and shorter lead times, an unlimited range of finished goods SKUs, selling goods and procuring materials globally and the unending pressure to do more with less. This concept of speed when applied to material replenishment has come to be known as "Inventory Velocity". There are some principles and practices on how to improve inventory velocity in this complex environment.
Knapp, an Austrian firm specializing in warehouse automation and logistics, has developed an RFID-based conveyor system for sorting and packing goods in a specified sequence. The solution ensures that items can be placed within boxes in the correct order"”for instance, with the heaviest products on the bottom"”and that packages can be loaded onto trucks in a particular sequence, so they can be unloaded easily at various stops along a delivery route. At present, the system is being installed at a warehouse operated by Olymp, a German manufacturer of men's shirts.
JF Hillebrand, a logistics provider to the global beverage industry, has named Menlo Worldwide to provide logistics and customs brokerage in Singapore for whiskey distiller William Grant and Sons.
What is "Goods-to-Person," and how can it be of value in boosting the efficiency of fulfillment operations within warehouses and distribution centers? A briefing by Mark Dickinson, executive sales manager with SSI Schaefer.
Recent Intermec research reveals that in the last six months alone, 79 percent of warehouse managers have been tasked with finding an average 19-percent cost saving from existing operations. Despite this mounting pressure to cut costs and the need to find efficiency gains in every process, managers admit to losing time and money through known inefficient workflows.
The latest news, analysis, services and solutions regarding warehousing and distribution systems and their impact on global supply chains. Today’s companies are moving goods across more suppliers, vendors and customers than ever before, and warehouses are critical points in the overall supply chain. New technologies in warehouse management systems (WMS), automation, robotics, RFID and order fulfillment are transforming the way companies do business — and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving supply-chain operations through their strategic use of warehousing and distribution services.
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