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How to Improve Inventory Turnover with Inventory Optimization

EazyStock

How to Increase Inventory Turnover with Inventory Optimization. The concept of inventory optimization helps many businesses improve their inventory turnover – without damaging stock availability. This post will explain how, but first, let’s deal with a few simple definitions. Prioritize your inventory.

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Designing a warehouse: definition, options, factors and goals.

Logistics at MPEPS at UPV

Last class, we were focused on how to design a warehouse. When designing a warehouse, some questions may come to your mind: How should a warehouse or distribution center look like? As an example, here we can see one: Source: [link]. What factors influence the warehouse layout plan? Resources: [link].

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

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TWI: Is it Time to Rethink Job Relations?

The Lean Thinker

During the war there was huge growth and turnover within the industrial base as production shifted from civilian products (locomotives, for example) to wartime production (tanks). Job Methods, teaching the skill of analyzing work with an eye to improve efficiency. Can we do something which will improve loyalty and cooperation?

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What Is a Pallet Jack? Definition, Types, and Uses Explained

Conger

How to use a pallet jack. How to Use a Pallet Jack. And here’s a simple pallet jack definition: A pallet jack (sometimes called a “pallet truck”) is the simplest type of forklift, consisting of a: Wheeled trolley. For example, manual pallet jack sizes can be 36 or 42 inches. The different types of pallet jacks.

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The Definition of Transparency

Blue Grace Logistics

While the reasons for explaining a higher need for transparency are clear, what is less clear is how to get there. As it is with most problems there is a lack of a clear and concise definition, according to an MIT study which conducted a survey of the apparel industry only to find wildly different results.

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KPIs for Ecommerce Businesses & How to Choose Them

Ship Monk

We’re going to show you how to identify KPIs for your business by breaking the process down into three parts. First, we’ll look at the main areas that an ecommerce business might target for improvement or performance goals. Let’s start with some definitions. Then we’ll go through most, if not all of the possible KPIs.