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A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important? Remember what the K stands for!
Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. Persuade the customer otherwise.
Analysis of the supply chain The first step is to assess whether it makes sense to switch to reusable plastic packaging for your own application. What legal requirements must be observed with regard to transport and storage (for example in terms of fire protection concept)? These four steps should be followed when making a switch: 1.
Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. In fact, wearables were recently highlighted for their benefits to employee health and safety by Boss Magazine. Data analysis is the companion of cloud-computing technologies.
Black Friday only works as a great opportunity to offload discounted stock, for example, if the fulfilment process is super-efficient. Tools such as real-time shipment tracking can release knowledge workers from time wasted chasing information to focus on the analysis and planning required to optimise the business.
Thanks to in-depth analysis and clear visualisation, the time required for function checks, service requests and troubleshooting in the event of a fault is reduced considerably. The post EFAFLEX unveils new IoT door solution appeared first on Logistics Business® Magazine. Doors communicate in a network.
That includes analysis of current operations, costs by mode, performance and benchmarking of existing partnerships. For example, an exception is automated and allows for seamless sharing of order data to create a turnkey solution to complete transportation management effectively. .
For example, does location A offer more benefits than location B. In this example, location A is located outside of shopping center with few restaurants. In other words, they have actually used data analysis to realize what does and does not improve profit margins. This is exactly the point behind big data. .
However, return merchandise authorization may include several different aspects of service-after-sale, such as warranty management, service agreements, analysis of returns, and management of end-of-life equipment, vendor management, and replacement. Let’s take a look into how RMAs function and some common examples of RMA policy.
For example, according to Global Trade Magazine , “One critical factor that executives should monitor closely is logistics management. As the industry struggles to recover from the unprecedented global events of 2020, recognizing budget limitations is essential for industry growth and success.
Change management begins with detailed analysis Double-digit efficiency gains thanks to end-to-end automation from receiving to shipping require new processes. Another example of successful change communication is an innovative omni-channel logistics center in Switzerland. That’s how a project usually starts,” he explains.
Omnichannel, where a consumer, for example, might buy online, collect in store and pick up another item there, then return something by mail. For example, cancellations of orders fall if long term lead time information is more detailed. Data then analysis then decisions. Teams such as purchasing and merchandising need aligning.
META-ILS ensures a sustainable competitive edge for its complete range of customers from e-commerce, logistics, industry, automotive and many other sectors thanks to holistic warehouse planning, including predictive analysis, consultation and simulation. A second example is the new wire mesh shelving with air, water and light permeability.
Siemens’ service approach is based on condition monitoring of the systems, in which mobile and stationary sensors record, for example, vibration and distance measurements of rails and belts as well as forces on chains. The post Smart Sensors and Cloud Technologies appeared first on Logistics Business® Magazine.
We certainly are here at Cerasis, and we found this great list and video of 10 things you should know about the Internet of Things today from The Digitalist Magazine. . For example, highly powerful tools developed for clickstream analysis, fraud detection, cyber security, and genome sequencing are now coming to process industries.
Cover story:Planning: The G&T challengePlanning and forecasting throws up some major challenges – ensuring the shelves are stocked with both gin and tonic, for example. So how are companies are rising to the challenge of generating and acting on reliable forecasts… Analysis: Time […].
For example, in a future that includes raw material scarcity and trade uncertainty, organisations that rely on more resilient inputs such as drought resistant crops can gain a competitive advantage,” Wheatley said. Of those organisations that are using technology, 85% are utilising predictive analysis.
Part 2: A worked example of the methodology. Analysis of shipper performance using performance curves. The post Peli BioThermal innovation webinars available on demand appeared first on Logistics Business® Magazine. Sessions include: Part 1: Outline and Justification for the QT Methodology.
For example, companies can implement new programs and create new resources that meet the demands of millennials. For example, manufacturers have donated "state-of-the-art equipment to give students [a] hands-on learning experience." This translates directly into renewed interest in manufacturing among students. The Big Picture. .
The companies will bring together the proven benefits of automated risk reduction, 360-degree vision and cloud-based video analysis for the first time to revolutionise fleet and driver safety. The post Safer Driving Target appeared first on Logistics Business® Magazine.
If the user starts the process in individual charging stations or rooms at intervals of 15 minutes, for example, there is no increased cumulative power requirement at the beginning of charging. The Fronius Perfect Charging experts are available for a more detailed analysis and energy consulting, evaluating further options for energy savings.
“In order to optimally support our customers and to give them the possibility of increasing their competitiveness, we offer for example our newly developed BG Sorter Compact CB,” says BEUMER expert Wiesmann. Better processes with the support of data analysis. This is supported by the visualisation of results.
“The Danfoss project is an impressive example of how automated warehouses will be controlled, monitored and analysed in the future,” was the unanimous verdict of the international jury of experts. An initial analysis by the operator showed a cost saving of around 20%. iGo insights. ” Benchmark project.
According to analysis from delivery business Gophr, peak Christmas panic will grip the nation on the Friday before Christmas (22nd). The post Peak Christmas Panic on 22nd December appeared first on Logistics Business® Magazine.
As the supply chain grows increasingly focused on meeting the demands of an increasingly data-driven and customizable world for consumers and business to business partners, the need for continual improvement and better visibility will continue to drive analysis of available supply chain analytics.
With the help of certain joint angles, an attempt is made to describe this key figure: for example, working above shoulder height is bad, an inclination of the upper body of more than 30° is unergonomic. In the area of process analysis, state-of-the-art tools are used that can be used without integration into the IT structure.
With the BlueBox Systems platform, in addition to real-time tracking and analysis of air freight data, aircraft type-accurate CO2 emissions are now available. For example, a Boeing 737-400 with 1t of cargo produces a good 10t of CO2, whereas a Boeing 777 produces only 4t on a distance from Frankfurt to San Francisco.
The scientific analysis is conducted on the basis of five categories: innovation-promoting top management, innovation climate, innovative processes and organisation, external orientation/open innovation and innovation success. Media partners are manager magazine and impulse. “We are grateful for the recognition of our efforts.
An example for this could be the entry of an AGV into defined areas. But only by Qualitative Labeling and AI-based business process data analysis this data becomes valuable operational information that generates benefits for production control. Wherever qualified decisions to be made.
This cloud-based solution combines video captured through a mobile application with AI-driven data analysis to accurately measure risk movements in the workplace, and help with ?implementing So, for example, if the wearer moves awkwardly or dangerously, the device provides feedback via audio or vibration.”.
It helps to look at the layout in detail to understand how high they need to go, where to put racking, what configuration of trucks is right, and whether they need a VNA or a Reach Truck, for example.” The post Visualisation adds Value to Warehouse Scenario Planning appeared first on Logistics Business® Magazine.
Forensic profitability analysis for small and global businesses alike is available at a click with today’s supply chain software, as Paul Hamblin discovers. So, for example, we might have too much business on particular lanes. The post Precision Pricing Software appeared first on Logistics Business® Magazine.
For example, the sensors monitor the condition of the braking system during the journey and record the mileage determining the exact location at any time. The post “Smart” freight wagons undergo pilot project appeared first on Logistics Business® Magazine.
Generix Group combines, in a single solution, performance analysis and resource planning services to improve warehouse productivity. By offering analysis and resource planning functionalities in a single solution, Resource Management System (RMS) is a new performance lever for the warehouse.
Key new features include a cash planning analysis model enabling customers to improve cash management and reduce risk and a streamlined Manufacturing Execution System (MES), designed to improve production quality control and performance. The post IFS releases Autumn update of IFS Cloud appeared first on Logistics Business® Magazine.
Intelligent video analysis provides you with insights that allow you to check back to when a fault occurred, take the appropriate action and then follow up to ensure the same fault doesn’t occur again. Intelligent video analysis gives you an efficiency boost and a way to work with continuous improvement, says Persson. “An
For example, a recent Interact Analysis report showed the mobile robot market is expected to grow from $3.6bn in 2021 to $18bn in 2025. AMRs provide significant productivity benefits by, for example, automating the movement of carts used to transport picked orders or returns. Without more automation, an additional 3.5
The rise of Robotic Process Automation (RPA) technologies is a recent example. For operations involving decision making based on accumulated experience or analysis of data from several sources, machine learning (ML) technology can be leveraged. Digital solutions offer dependable support mechanisms in these uncertain times.
The integrated system also provides clear metrics to the business for performance analysis. The post Transporeon and Sixfold Merger Allows Integrated Visibility Offer appeared first on Logistics Business® Magazine. Transporeon is pursuing a one platform approach.
As well as code-reading duties in fast-moving production and logistics, is therefore ideal for reading direct marks on electronics or automotive components, for example. It also reliably reads slowly-degrading codes, for example on totes in hard-working materials handling environments.
The UR40 RFID reader from DENSO, for example, can read 700 RFID tags per second. For a smart factory, however, the technology to connect devices within the facility and to collect data from these devices for analysis purposes is essential. Collected data can be viewed using built-in data analysis and display tools.
A smaller warehouse footprint is achieved at an increased level of productivity (for example, the area can be reduced by as much as 80%, which can be important in the absence of space or the high cost of land). LogisticsIQ’s latest market research study is based on an analysis of 400+ companies with more than 100 in-depth interviews.
Consulting is well known for its market leading cost to serve analysis, benchmarking, strategic design and operational efficiency solutions. By way of example, it supports 6 out of 10 top UK grocers. The post Space and Consultancy Businesses Become Visku appeared first on Logistics Business® Magazine.
In the United States, the Uyghur Forced Labor Prevention Act (UFLPA) has, for example, prohibited the import of goods manufactured in whole or in part by forced labour and originating from the autonomous region of Uyghur since June 21, 2022. For a Chinese supplier, for example, is the production plant close to a Uyghur forced labour camp?
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