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What is Inventory Forecasting? Inventory forecasting is the method to estimate or predict the stock required to be procured in the warehouse to meet the customers’ demands. The predictions are based on past orders by the customer based on the quantity of SKU, number of orders, and market conditions (for [...]
All of us who are into the dynamic business and digital world have heard the term Industry 4.0. Now what is Industry 4.0? The world is transforming continuously since the ancient ages. We are amid the digitization of manufacturing which is called industry 4.0. It has evolved from manual machine [...]
Dashboard Storytelling: Tell stories with Data! Introduction to Dashboard Today, we live in a world where there is a problem of data overload. Hence, we, at times, end up processing the wrong set of data which can be really frustrating leading to wrong decision-making. Presenting the whole data concisely brings [...]
Why is optimisation required? Optimizing warehouse operations is essential to maximize the overall efficiency of a warehouse. Non-optimized operations often lead to increased lead times for operations such as Put-away, Picking, Loading, and Dispatch operations, which in turn can affect the timely as well as the quality of the delivery. [...]
An RFP (Request for Proposal) is a document that lists the requirements of a company to address a specific area of concern. The RFP document is then released to potential vendors/partners so that they can respond based on the specific set of requirements listed in the document. Why is a [...]
What is a Warehouse? A warehouse is a large physical structure used to store raw materials and finished goods. Warehouses are used by various entities like Manufacturers, Importers, Exporters, Distributors, Wholesalers, etc.., to maintain inventory of the goods they transact in. What is Warehouse Management? Warehouse management is the process [...]
A Peek Into Warehouse Management System And It’s Benefits Warehouse Management System is a software and processes that allows optimization and control of warehouse operations. It is specifically implemented by the organization to meet the demand requirements of Supply Chain and Distribution Channels. Warehouse Management System provides complete end-to-end solutions [...]
PALMS™ WMS product Testing for Robustness and Scalability Team Foundation Server for managing Software Test Life Cycle In this article, you will learn how Technoforte implemented TFS (Team Foundation Server) to manage PALMSTM WMS project testing lifecycle to deliver faster with higher quality. TFS Test Manager is an add-on to TFS system [...]
Supply Chain Analytics and Their Importance Supply chain analytics or metrics are simple tools/calculations used in the business to measure, predict, determine and improve key areas of the business to maximize profits and reduce the time involved. Let’s take a short look on the basis. What is a Supply Chain? [...]
Industry 4.0 for Supply Chain – The role of AI (Part 2) This is part 2 of a 3-part blog, addressing the 3 questions below. Part 1 – Industry 4.0 for supply chain – The role of AI Part 2 – Where does Supply Chain figure in Industry 4.0? You [...]