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A Guide to Supply Chain Key Performance Indicators (KPIs)

Logistics Bureau

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?

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Retail Supply Chain Management: A Guide

Logistics Bureau

So everything in the retailer’s Supply Chain strategy needs to be focused on the customer, and of course the shareholders, that goes without saying. Well that of course depends on the type of retailer we’re talking about. Quality is of course a given. What is Retail Supply Chain Services Management? Often 60-70% of total sales.

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Logistics Simplified: Three Keys to Solving Your Supply Chain Problems

Material Handling and Logistics

Of course, the investment is intended to impact the bottom line, but when employees feel that their organization cares about them and wants to make their lives better, they want to reciprocate and are more invested in the organization’s success. The point here is the pick efficiency and speed mean nothing if replenishment can’t keep up.

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Solvoyo and the Art of Autonomous Planning

Logistics Viewpoints

Second, what is autonomous planning in supply chain, and what are some practical examples? Then there’s the question of how much to hold at the central warehouse to replenish the MFCs as well as how to dynamically allocate receipts at the cross-docks. I asked Asena to give some deeper insights on a few key points.

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3D Printing’s Next Revolution

Logistics Viewpoints

More SKUs available from local warehouses could also mean quicker replenishment cycles parts that are purchased infrequently. The parts that provide the personalization – a sun roof on a car versus a standard roof, for example – often do not need to be made at scale. This vision has not been realized.

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9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

For example, you can optimise for cost, profit, or service, but not for all of them. For example, inaccurate forecasts typically lead to: Overstocking — a problem that ties up working capital and can lead to inventory obsolescence. Ignoring the presence of forecast biases which skew replenishment patterns. 3: Supplier Lead Time.

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How Technology is Helping Companies Move Goods and Do Good

Logistics Viewpoints

Autonomous mobile robots (AMRs), for example, can perform many tasks in warehouse or distribution center settings (including moving pallets, product picking and fulfillment) that are typically viewed as repetitive or non value-added, thereby freeing the workforce to perform other activities and ultimately increasing productivity.