Analyst Insight: Last year's economic pressures were among the most severe ever exerted on the modern supply chain. In response, many organizations are searching for ways to cut costs from their operations, either by reevaluating their IT infrastructure or by reengineering their business processes.
Analyst Insight: Optimizing inventory safety-stock policies without considering capacity and material constraints is not enough. Inventory management should be viewed within the context of a supply and demand balancing process associated with S&OP. Rough-cut capacity planning within the S&OP process should be augmented with inventory analysis.
Analyst Insight: If an organization fails to accurately manage its warehouse, it runs the risk of selling stock it doesn't have or retaining stock it should have sold. Both of these situations result in lost revenue and potentially unhappy customers.
Analyst Insight: Simply handling storage and order fulfillment more efficiently than their clients could in-house is not enough. In difficult economic times, 3PLs are being called upon-and are uniquely situated-to take on additional tasks such as kitting, light assembly, and custom labeling, that will ease the burden on their clients' operations.
Analyst Insight: Any 3PL that wishes to increase its market share in 2010 must provide higher levels of customer-focused service offerings in this competitive marketplace. Client companies want to have their 3PL contract partners provide better support to their current service offerings.
Analyst Insight: Inventory optimization technology has increasingly become an important tool to aide manufacturers in either managing their overall supply chain inventories more efficiently, or having the capability to support decision-making processes with what-if quantification of the impact of certain business decisions on overall inventory investment.
The latest news, analysis, services and solutions regarding warehouse management systems (WMS) and their impact on warehousing and distribution centers. 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 are optimizing productivity, increasing efficiency and cutting costs. Learn how companies around the world are improving supply-chain operations through their strategic use of warehouse management systems and softwares.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.