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4 Ways to Enhance Warehouse Efficiency with Prescriptive and Predictive Analytics

Logistics Viewpoints

While predictive analytics seeks to answer questions such as “what might happen in the future,” prescriptive analytics goes beyond by recommending the best course of action going forward. Restock/Replenishment Planning – Maintaining optimal inventory levels is crucial to meet customer demands without overstocking.

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3 Strategies for Migrating Inventory to a New 3PL

Ship Monk

There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition. Most companies employ one of the following three strategies: Strategy 1: “Hard Switching” from Your Previous 3PL. Taking the Plunge.

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Driving Rigor into Your Inventory Control Practices Helps You Win the Race

Logistics Viewpoints

Reporting to keep the inventory strategy fresh and supporting the goals of the organization. Is a replenishment strategy needed? The replenishment logic and smooth execution of inventory moves will keep pickers executing without waiting time. Track your emergency replenishments. You can’t plan for everything.

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How Technology is Helping Companies Move Goods and Do Good

Logistics Viewpoints

Voice technology also can be used in many warehouse and industrial processes such as picking and replenishment. As the Vice President of Robotics and Voice, John Santagate leads strategy for autonomous mobile robotics, warehouse robotics, and the robotics partner network for Körber.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach. Book your free consultation.

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Top 8 Applications of Artificial Intelligence in The Supply Chain

3PL Links

Artificial intelligence makes it possible to monitor several elements that affect the forecast, including: control of purchases in real-time; consumption parameters; items that are being sold and need quick replenishment. Artificial intelligence is being used by enterprises in the modern day to establish more efficient delivery strategies.

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A… B… N… (Always Be Networking)

Camelot 3PL Software

I answer, “Of course we do! They also collaborate and share ideas on projects and processes, such as order fulfillment and replenishment strategies. Often times clients come to me and ask, do you have a forum for your users to come together and share ideas? Have you heard of or attended our User Conference ?”