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3 Ways to Benchmark to Boost Supply Chain Performance

Logistics Bureau

If you’ve never done a benchmarking exercise before, read on. If, for example, you are concerned about the pick rates in your warehouse, or your transport costs, or your inventory accuracy, benchmarking can help you because it can show you exactly where your performance is compared to others in your industry. Informal Benchmarking.

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction. However, in this article, we’ll focus exclusively on the cost factor, drawing your attention to some questions you might ask yourself (and your team) about your facility’s energy usage.

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Raising Productivity in Logistics Operations: The BHAG Approach

Logistics Bureau

One of our consulting clients, a leading automotive parts distributor in Australia, recognised that the picking productivity in their warehouse was not good—somewhere around 15 lines per hour. They did a benchmarking exercise with us and we found that the industry standard was about 40 lines per hour. A 40 percent increase in profits.

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How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

In answering that question, we’re not going to provide you with a list of possible supply chain KPIs to use in your business—at least, not in this article. Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. So, instead, we’ll keep the advice simple.

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What manufacturers need to know about IIoT

SYSPRO Smarter ERP

In 2018 a Forbes magazine published an article entitled “Every company is a data company” in which the authors urged all companies to use data as a core asset. Exercise trackers like Fitbit or Garmin are part of an IoT network that collects and analyzes data from objects – people. Quality control. The value of IIoT.

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

For example, the products are available, but some items are lost or damaged during the shipping/delivery process, or the wrong quantity was picked in the supplier’s warehouse. Unlike the vendor availability KPI, supplier in-full measures all fulfillment failures relating to the quantity and quality of items ordered.

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Warehouse Product Slotting: The Ultimate Guide

Logistics Bureau

If you browse through the Logistics Bureau blog, you’ll find at least two or three articles—and about the same number of videos—that cover warehouse product slotting. Still, without a doubt, picking is the operational regimen that will see the most significant impact. Slotting Improves Picking Accuracy and Speed.