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Last seen: Oct 30, 2020
Some companies classify the goods in terms of the cost prices as well.
Returns nowadays are a lot more compared to previously. Because B2C are involved, some consumers have higher expectations. Thus, when they feel that t...
Manual picking vs Automated picking
Using robotics and AI for optimizing the warehouse.
If the business is a huge one which requires specific requirements, then building a totally new one may be the viable option. Otherwise, the more comm...
Agreed. It is always good to work in a warehouse with sufficient space rather than a congested one. Placing the overflow volume in another warehouse m...
Below are some of the cost components to be included. Staff: Staff salaries, overtime and benefits, temporary labor and subcontractor cost Invento...
From finance perspective, the operations cost will definitely increase. The question management needs to ask whether the additional hours is just...
Some companies still prefer to run the operations themselves rather than engagung 3PL. They have more control over their supply chain and logistics.
For JIT, companies may need to reconsider this strategy in the midst of Covid-19 situation. Beacuse of potential disruption and lockdown, there is...
Check out the following. 1. ABC classification of the inventory and if the fast moving items are placed at the most accessible locations. 2. Po...
What's delayed differentiation?
This is because of the difficulty in justification. Typical 3PL contracts with customers are 2-3 years. After the contract ends, the customer can eith...
If my memory serves me right, pallet rack is approximately 8 to 10 years and software is 3 years.
Let me try to answer this.. Logistics: Scope: Typically within a company. Activities: Procurement, distribution, inventory management Supply...