Remove Document Remove Exercises Remove Inventory
article thumbnail

What is Order Picking?

Logistics Bureau

Any warehouse design exercise that doesn’t include a rigorous approach to designing the processes and equipment layout for Order Picking, is suspect. A properly designed order picking document can also increase the accuracy of the Order Picking operation. Order Picking is the productive operation in a warehouse operation.

Picking 74
article thumbnail

Vendor Managed Inventory Model for Supply Chain Cost Reductions

GlobalTranz

Below I will outline how a vendor managed inventory model, in conjunction with reverse marketing, value analysis, and collaboration will achieve supply chain cost reductions. Vendor Managed Inventory Model for Supply Chain Cost Reductions. The distributor maintains the inventory plan. What is Reverse Marketing?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

From stringent quality standards to comprehensive documentation requirements, Class 1 and 2 manufacturers must navigate a complex landscape to ensure compliance and product excellence. The ability to monitor transfers between multiple warehouses provides complete visibility, ensuring efficient inventory management.

article thumbnail

Is Your Company on top of its Inventory Planning Game?

Logistics Bureau

Good inventory management, like everything else, starts with good planning. But planning isn’t just the start; it’s the very foundation of effective inventory control. Inventory planning also happens to be an area that many companies fail to prioritise sufficiently. The Basics of Inventory Planning.

article thumbnail

What are supply chain professionals using to make network decisions? 

AIMMS

None of the respondents share data across multiple applications to manage inventory, network design and S&OP in an integrated way. In fact, as Market Watch reports, close to 90% of spreadsheet documents contain errors. “Do you currently use advanced analytics to optimize your network?”

article thumbnail

No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy. Inventory levels. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise. Inventory optimization software.

article thumbnail

The Promise and Peril of Generative AI for Supply Chains

Logistics Viewpoints

For knowledge management, imagine generative AI primed to intelligently search all of a company’s internal documentation to solve all kinds of problems from “how did we do this before” to “how do I do this now.” Perhaps the most useful way to think of generative AI is as the future of how we interface with computers.