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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 [...]
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 [...]
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 [...]
Traditionally, warehousing in India has been made up of small unit sizes. Most warehouses were looked upon as mere godowns. The lack of world-class infrastructure has always hindered the growth of other industries that rely on warehousing and logistics. India is now witnessing a paradigm shift in warehousing due to [...]
Automatic Identification and Its Role in Warehouse Management What is Auto-ID or automatic identification? Auto-ID or automatic identification refers to the identification process of the appropriate stock keeping units (SKU) during a supply chain process, using technologies such as RFID, barcodes etc. Automatic identification technologies improve the accuracy of the [...]
Cold storage is the storage of any temperature-controlled substance that prevents the substance from decaying or not adhering to the basic regulations that apply to that item. Cold storage warehouse management is a highly specialized skill that requires comprehensive knowledge of the industry, the ability to monitor processes closely occurring [...]
Why is data so important when it comes to warehouse or supply chain management? What role do data and information play in effective supply chain and warehouse management? The obvious answer is that the right data and information help in improving the organization’s decision-making and performance, which naturally results in [...]
In our other blogs, we have detailed the various types of picking methodologies available for a warehouse manager to choose from, such as batch picking, zone picking, consignment/order-based picking, and wave picking. Amongst these, the subject of wave picking is vast enough that it requires its own article. What is [...]
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 [...]