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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

The subway system is the lifeblood of New York City, pre-COVID carrying an average of 5.5 Each station is part of a larger system and operates on a set schedule under one management umbrella. Imagine what would happen if each station optimized its schedule and traffic independently: city-wide chaos would ensue.

Modeling 270
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Standards Driven Innovation: How Connected Vehicles Are Impacting Logistics and Smart Warehousing

Logistics Viewpoints

The Ecosystem Today The logistics ecosystem is being transformed by the rise of connected vehicles equipped with IoT sensors and data-driven technologies. Another challenge is the lack of a skilled workforce that understands both logistics operations and the technical requirements of managing connected vehicles and AI-driven warehouses.

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Optimizing Warehouse Efficiency: A Warehouse Manager’s Expert Guide to Waste Elimination

Logistics Viewpoints

In this article, we will delve into strategic ways for warehouse managers to eliminate waste, with a focus on not only optimizing the use of cartons and packing, but labor resources and warehouse space as well. Packing efficiently is essential for maximizing storage capacity and minimizing waste in the warehouse.

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Gain a Leading Edge in Inventory Management through Digital Transformation

DELMIA Quintiq

An increasing lineup of advanced digital solutions have given manufacturers the edge to transform and achieve better inventory control. The manufacturing industry is constantly searching for new and inventive ways to improve inventory management. Types of inventory that can be optimized.

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5 Powerful Prescriptive Analytics Examples in Supply Chain

Prescriptive analytics is a type of advanced analytics that optimizes decision-making by providing a recommended action. Supply chain, with its complex planning questions, is typically an area where optimization technology is required. Inventory optimization. Warehouse optimization.

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Warehouse Automation in a Time of Rapid Change

Logistics Viewpoints

Last week I had the opportunity to speak with Markus Schmidt, President of Swisslog Americas , about warehousing in today’s environment of rapid and often unpredictable change. How can warehouse operators make sure they choose technology that will fit their needs well into the future… to be “futureproof.”

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Five Advanced Technologies That Are Revolutionizing Logistics

Logistics Viewpoints

If there’s a bright spot anywhere it’s the fact that, as logistics challenges have grown, so has the availability of advanced technologies to manage these challenges. For logistics teams, digital control towers add maximum value when they’re integrated with the transportation management system (TMS). Warehouse Task Automation.