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

Logistics Viewpoints

Is a replenishment strategy needed? The replenishment logic and smooth execution of inventory moves will keep pickers executing without waiting time. Slotting logic will keep required levels of stock in the picking locations, limiting the need to stop picking to replenish inventory needed to complete the orders.

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How Technology is Helping Companies Move Goods and Do Good

Logistics Viewpoints

Employee scarcity and high worker turnover are of critical impact to the efficiency and productivity of the nation’s warehouses, particularly when factoring in the costs of continually replacing and training new employees –which can equate to almost 25% of a worker’s average annual salary. But the impact goes well beyond resignations.

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Keeping Things Closer to Home

Blue Grace Logistics

Expanded bridge infrastructure for trucks and trains is in the works in Laredo, where nearly 4 million square feet of warehouse space is under construction, theWSJ reported. Nearshoring Incentives Tariffs on Chinese goods, the war in Ukraine, and of course, Covid all played roles in driving supply chains from global to regional.

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. A staff training program centred on energy-consciousness can help minimise costs.

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Best Practices to Get More Throughput and Capacity Out of Your Distribution Centers

GlobalTranz

Before you break ground on a new building/annex, hire and train new workers, or invest millions into new software, consider some other proven ways to get more throughput and capacity in distribution centers. Cross-training existing staff on other warehouse functions can reduce the need to hire temps or additional labor.

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Know the Kinds of Modes of Transportation

20Cube Logistics

Of course, the best mode to transportation is necessary, but the other factors that have to be taken into consideration are: The total cost. Industries like the automotive and retail industry utilize air freight to complete the JIT (just in time) inventory replenishment. The urgency of the shipment. The size and weight. Air transport.