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Source: mainebiz.biz In today’s rapidly evolving logistics and supply chain sector, warehouses are increasingly turning to innovative technologies to gain a competitive edge. has over 450,000 warehouses and distribution centers, with 16.4 According to JLL, the U.S. billion square feet of rooftop space.
The average cost of a Warehouse Management System (WMS) install continues to rise each year, with implementations often reaching millions of dollars today. But heres the good news: this doesnt have to be the reality for your warehouse operations. Because complexity drives costs. But what exactly defines complexity?
As a result, companies tend to plan, optimize, and execute their inventory, labor, transportation, and warehousing operations separately (that is, in a siloed manner). Is that the case at your company? What are the main problems caused by.
The adoption of AI in supply chain automation is enabling companies to make more accurate decisions, reduce cycle times, and better manage complexity. AI in supply chain automation is gradually reshaping how core functions operate, particularly in procurement, warehousing, and logistics.
Transportation, warehousing, and manufacturing collectively contribute significantly to carbon emissions, making these areas critical for meaningful change. Companies are increasingly adopting electric and hydrogen-powered vehicles to transition away from fossil fuels. Reducing carbon emissions is a cornerstone of this effort.
SMECO , Southern Maryland Electric Cooperative, was one of those companies. Many years ago, I conducted research on the GIS market and through that process learned that electric distribution companies have challenges distinct from many other organizations. I also met with some the consultants’ customers that adopted Körber solutions.
Kudos to the supply chain and logistics teams that have already adopted transportation management systems (TMS), warehouse management systems (WMS), and other digital solutions. Teams are constrained by their physical resources, like trucks, inventory, and labor capacities, as they seek to resolve a disruption.
For example, logistics companies are to employ Level 2 and 3 autonomous vehicles that assist drivers by adjusting speed and steering based on road conditions. By adhering to these industry standards, logistics companies ensure safer, more efficient, and compliant operations that meet regulatory and customer expectations.
Corporate Knights also ranked the company the most sustainable company in its peer group and the 7 th most sustainable company overall. The company has a complex global supply chain. Like many companies, the French multinational produces a significant amount of its products in low-cost nations.
Offering comprehensive solutions, including warehousing, order fulfillment, and inventory management, Launch Fulfillment helps eCommerce brands streamline their supply chains. With a focus on partnership and client satisfaction, the company enables seamless growth for its partners.
Are you making the fatal mistake of underestimating the importance of inventory rebalancing? Many retailers treat inventory management as a mundane task rather than a strategic lever for success. It’s about strategically adjusting your inventory levels across locations and products in response to real-time customer demand.
For retail and consumer packaged goods (CPG) companies, the busy shipping season came early. But shippers looking to avoid disruptions and ensure that tight inventory levels don’t lead to missed sales opportunities pulled their orders forward. The peak inbound season typically starts around this time of year.
Artificial intelligence (AI) is reshaping supply chain operations by enabling predictive planning, allowing companies to anticipate disruptions before they occur and adjust operations accordingly. Companies must react after the fact, often incurring higher costs and reduced service levels.
In the age of same-day delivery and rising consumer expectations, there is immense pressure on warehouses to perform at peak efficiency. That’s where warehouse optimization comes in. Here’s what you can expect: A clear definition of warehouse optimization and its core components. Ready to get started?
To improve their operations, they installed autonomous mobile robots in their warehouse. According to a survey of 250 global companies by the consulting firm McKinsey, 91% of shippers and 75% of logistics service providers have implemented a warehouse management system. Fleet Feet is a smaller company.
Picture this: You’re a warehouse manager, and with a few taps on your smartphone, you instantly know the exact location and quantity of every item in your inventory. That’s not science fiction—it’s the power of mobile inventory management. Ready to turn your inventory from a headache into a strategic asset?
My colleagues and I often have the opportunity to discuss initiatives such as this with company executives. Earlier this month, Brian Gaunt, Senior Director of Accelerated Digitization at DHL, provided me with an update on the company’swarehouse digitization journey. DHL Innovation Funnel. Autonomous Mobile Robots and AGVs.
This article is from Patrick Byers, DevOps Engineer at Lucas Systems, and looks at fortifying warehouse and distribution centers against cybersecurity attacks. The warehousing and distribution industry is highly reliant on technology for its operations. Why are warehouses and DCs so vulnerable to cyberattacks?
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities. Achieving these goals requires visibility into the entire supply chain.
Inflation’s effects on inventory management policies are likely far from top of the mind of Logistics Viewpoints readers in today’s challenging times. However, today’s elevated rate of inflation warrants a closer look at optimal inventory policies. Inventory Costs and Risks. Then there are the financial costs.
The Intersection of Warehouse Growth and Employee Scarcity. The combination of continually growing consumer and business demand, a supply chain permanently altered after adapting to Covid, and the Great Resignation has cumulatively impacted the nation’s warehousing landscape like never before. Helping to Move Goods and to Do Good.
A data gateway is essentially a connective tissue across your supply chain, providing unified access to supply chain data from various sources, including enterprise systems, data feeds, data warehouses, data lakes, data marts, and business entities. Achieving these goals requires visibility into the entire supply chain.
The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supply chains. Companies like Yeti have already moved 80% of their production out of China, decreasing exposure to tariffs.
Chad and I discussed the widespread labor constraints impacting warehouse operations across North America and Europe. I told Chad that I believe warehouse labor constraints will continue for extended time, and that warehouses must actively manage with this in mind. Warehouse Labor Shortages.
Manhattan Associates is a leader in two markets, warehouse management systems and omnichannel systems. The WMS solution optimizes productivity and throughput in distribution centers and warehouses. The company also sells supply chain planning and transportation management solutions.
During my current supply chain planning market research, I have received briefings from several SCP companies. This metric measures the percentage of time the planners accept replenishment, transportation, or inventory plans as they are without any change in the timing of the delivery or the quantity to be delivered. You route a truck.
An efficient supply chain strategy is one that takes every aspect of your supply chain into account, from inventory management and warehouse design to freight tendering and transport optimisation. Many companies are undergoing a digital transformation , switching from manual processes to automating routine tasks.
Regulatory Demands: Governments worldwide are enforcing stricter emissions standards and introducing carbon taxation schemes, pressuring companies to adapt. Companies like DHL and Amazon are already setting benchmarks by integrating EVs into their logistics operations.
In the warehouse, robots and human workers collaborate through synchronized networks that eliminate latency. Warehouse Efficiency and Workforce Tools Warehouses today are complex environments filled with mobile devices, automated systems, and data-intensive workflows.
This article is from Zheyuan Du at Kinaxis and discusses unconventional solutions to excess inventory challenges. As a result, inventory managers have to explore new ways to cope with full warehouses. The COVID-19 pandemic is undoubtedly to blame for the warehouse shortage.
A better forecast leads to carrying less inventory while maintaining or even improving service levels. The improvement in forecasting contributed to an increase in service levels by 10% while reducing inventory investment by 20%. A company can go bankrupt, and a machine could be programmed to understand that.
This capital will help scale the company’s Shared Autonomy Platform and expand manufacturing for its TWA Reach forklifts, which integrate AI-driven autonomy with human oversight to optimize labor and safety in warehouse operations. The company is also considering joining a voluntary EU initiative to combat counterfeit products.
Supply chain efficiency is the cornerstone of success and involves the effective management of processes, resources, and technologies from procurement to production, transportation to warehousing. As companies across industries have discovered, a well-optimized supply chain can drive significant improvements throughout their operations.
This strategic partnership aims to improve demand planning efficiency, optimize inventory performance, and elevate service levels. The company’s dynamic approach and commitment to innovation have fueled its expansion to five strategically located warehouses, enabling comprehensive coverage of Central and Southern Italy. “In
Suddenly, managing inventory is the name of the game for companies trying to manage working capital and maximize profit while keeping customers happy. And that’s where real-time perpetual inventory signals come in. The larger the company, the greater the danger of duplicative, conflicting, or siloed systems.
The company sources goods from 34,000 suppliers out of 30 nations. The company is piloting secure lockers for stock at their major sites. Adding to the complexity of the supply chain is that Ferguson is an acquisitive company. The company recorded 1.9 The company has shown sustained improvement on this metric.
These pressures are progressively pushing companies to consider advanced automation in their supply chains and warehouses. Companies face constant pressure to secure a competent and reliable workforce at market wages that enables them to remain competitive with the global market, where wages and other operating costs are often lower.
Supply chain teams face a similar dilemma – companies are overloaded with vast amounts of data, and the ability to sift through the noise and focus on relevant insights has become a critical capability. Companies must harness a wide variety of data structures and formats, spanning internal and external sources.
Here we have compiled a list of the top six challenges that CPG companies face in the post-pandemic market. CPG companies that utilize an autonomous supply chain technology see a reduction in their inventory and cost and an increase in revenue. each with discrete plans generated typically in sequential batch runs.
At M-Dot, Catania led his team to win the Amazon Web Services Start-Up Challenge, besting more than 1,500 companies from 23 countries.A With its recent acquisition of Orderbot, a distributed order management solution, OneRail is integrating inventory and order management capabilities to enable store-shelf-to-doorstep visibility.
Excess inventory weighs down supply chains. Companies often overproduce to hedge against demand swings, yet end up with shelves of unused goods. By producing only whats needed, when its needed, they eliminate the burden of forecasting errors and reduce warehouse dependency. Warehousing becomes a sunk cost.
Seth Clevenger and Joe Lynch discuss the top 100 logistics companies. Key Takeaways: The Top 100 Logistics Companies Seth Clevenger is Managing Editor of features at Transport Topics. In the podcast interview, Seth and Joe discuss the top 100 logistics companies. Seth is Managing Editor of features at Transport Topics.
For companies managing large product portfolios, the scale of these changes will be resource-intensive and time-sensitive, particularly given the proposed 2026 target for full transition. Shorter shelf life or more limited inventory of natural colorants may lead to shorter production runs and increased batch frequency.
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