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4 Ways to Enhance Warehouse Efficiency with Prescriptive and Predictive Analytics

Logistics Viewpoints

Predictive and prescriptive analytics have emerged as valuable tools that enable warehouse operations managers to streamline processes, minimize costs, and enhance productivity. Restock/Replenishment Planning – Maintaining optimal inventory levels is crucial to meet customer demands without overstocking.

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Walmart’s Massive Investment in a Supply Chain Transformation

Logistics Viewpoints

Following their fourth quarter results, top executives talked about their supply chain and omnichannel strategy at a high level. Walmart is making investments in warehouse automation in distribution centers to deliver aisle and department-ready pallets to stores. Walmart has been very open about what it takes to compete with Amazon.

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Holistic Robotic Automation

Logistics Business Magazine

After the successful implementation of several robot-assisted palletizing and depalletizing applications at various locations, the supply chain and e-commerce service provider now has decided to use the robot item pick solution “justPick” from the Polish robot specialist Nomagic as the next step in its holistic automation strategy.

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Logistics Software: How to Make Handling Peak Times Easy

Logistics Viewpoints

This warehouse runs at a perfect optimum with fixed capital in the form of inventory balanced perfectly with sales and purchasing, and all the items perfectly distributed to the various storage areas of the warehouse. Both predictive and retrospective data analyses are key in making fundamental decisions and defining logistics strategies.

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Enterprise Freight Management: 7 Last-Minute Thoughts to Boost Efficiency

FreightWaves SONAR

Recognize market volatility trends and their impact on replenishment lead time Another beneficial action to boost efficiency with freight management comes from the recognition of market volatility trends. Market volatility can significantly impact replenishment lead time for restocking warehouses and distribution centers.

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Elten Expands German Warehouse Capacity

Logistics Business Magazine

The company headquarters in Uedem on the Lower Rhine include offices and warehousing, along with the end production of safety and work shoes, which are sold online and distributed to B2B and B2C customers worldwide. FORTNA partners with the world’s leading brands to transform omnichannel and parcel distribution operations.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Now all retailers are re-assessing their sourcing strategies and looking for local alternatives to reduce risks, lead times and carbon footprint. That is, AI tools can do a lot of the heavy lifting. The better the forecast and replenishment decisions, the higher the financial benefit and the lower the waste.