WAVE PICKING IN WAREHOUSE
WAVE PICKING in Warehouse For a better way to ensure productivity in goods and services, especially to meet the demands of customers, the management team of a company often get tasked with the responsibility of setting up a system to compensate the loopholes that come…
Difference Between Internet Of Things (IOT) And Industrial Internet Of Things (IIOT)
Difference between IoT and IIOT Internet Of Things (IOT) began as an emerging trend and has now become one of the changing elements that is driving the world in many respects. This is because there is an increased appreciation for smart objects, which tends to…
How to Innovate Without Blowing Your R&D Budget
Innovation without Blowing Your R&D Budget Speaking to Fortune, the late Steve Jobs stated that the degree of innovation does not rely on the amount of R&D dollars an organization has. For many companies, any problem is countered by throwing money at it. However, Jobs…
Inventory Replenishment: Why Push When You Can Pull?
Inventory Replenishment Unlike the traditional supply chains, today’s supply chain is inspired by demand. At the same time, retailers, manufacturers and distributors seek to achieve the maximum profit by choosing the most appropriate model to forecast demand or react to consumer purchases. Currently, many companies…
Goals for Asset Management
Asset Management Regardless of the value of an organization’s assets, it is important to ensure that all asserts are protected and well managed. Asset management can help plan and maximize the returns on the investment. An effective asset management program can help achieve a wide…
Four Reasons Retailers Should Pay Attention to Reverse Logistics
Reverse Logistics Often, retailers emphasize the need for an agile and cost-efficient movement of freight to stores or customers but fail to acknowledge reverse logistics hence leading to missed opportunities for the entire consumer goods supply chain. Through the multi-channel model, consumers are able to…
Why Every Manufacturer Needs a Reverse Logistics Solution
Reverse Logistics Solution Averagely, manufacturers spend 9-14% of sales on product returns annually. However, 45 percent of manufacturers fail to utilize a reverse logistics solution. Instead, these manufactures rely on retail or wholesale partners to deal with any customer returns, recalls, and seasonal overstocks. Initially,…
Goals for Asset Management
Goals for Asset Management Regardless of the value of an organization’s assets, it is important to ensure that all asserts are protected and well managed. Asset management can help plan and maximize the returns on the investment. An effective asset management program can help achieve…
Best Practices in Today’s Distribution Center
Best Practices in Distribution Center A business may achieve success or complete failure depending on the selection of human resource, process tools and technology. The distribution center is crucial to the business environment. According to Don Derewecki, the executive vice president of Gross & Associates,…
Technology That Can Improve Safety In Manufacturing and the Supply Chain
Safety in Manufacturing and Supply Chain Regardless of individual opinions regarding the safety or lack of it when using technology, one factor is constant. Technology, has for some time been changing the capabilities of human beings. When used by the right people and for the…