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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 [...]
In previous blogs, we have explored various aspects of warehouse management, including order-picking methodologies, warehouse operations, and warehousing KPIs. Let us look at some of the most common terminologies you may come across while learning about warehouse management, their meaning, and usage: What is TAT? TAT or Turn Around Time [...]
Provides configurable Supply Chain processes required by companies to provide better customer service and control operational costs. Highly advanced logic-based stock put away, collection and intelligent direct stock movement feature in PALMS™ help dramatically control labor costs and space utilization. The solution based on its Service Oriented Architecture offers full [...]
Why Warehouse Management System? It is not so easy to manage warehouse operations. It includes efficient utilization of man-power, equipment & space and at the same time reduce the inventory carrying cost – all of which helps to run a profitable business in today’s competitive business environment. It looks simple [...]
Supply chain management is crucial in order to achieve the targets set by the recent National Food Security Bill. The National Food Security Bill 2013 which was passed by way of an ordinance in the parliament is no small feat undertaken by the Government of India. This bill promises subsidized [...]
Third-party logistics (3PL) providers are establishments that provide solutions to help various businesses manage and execute the logistics of warehousing in a better manner. 3PL service providers can boost warehouses’ success rates and simplify their customers’ supply chains. They also help in bringing effectiveness in order fulfillment and shipping transport. [...]
Cross-dock operations are one of the most crucial concepts in supply chain management, which reduces the supply chain’s overall cost while increasing the supply chain’s efficiency. It is typically useful in a scenario where a large quantity of material has to be shipped regularly to a customer/manufacturer from multiple suppliers. [...]