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Supply Chain Optimization and the Importance of Cost Control
Key Takeaways: To remain competitive, enterprises must continually balance and rebalance responsiveness and efficiency while also maintaining the ability to pivot and adapt to shifting consumer demands. At the heart of this balance is the importance of cost control – meeting the needs of the business and industry while also making sure that resources are…
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ASRS vs AGV: Understanding the Differences
Key Takeaways: The advent of warehouse automation has revolutionized the modern supply chain, fueling unprecedented accuracy and speed in response to rising consumer demand. Among the many technological advancements paving the way for increased logistics efficiency are Automated Guided Vehicles (AGs) and Automated Storage and Retrieval Systems (ASRS). While both play an important role in…
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A Guide to Pallet Shuttle Racking System
Key Takeaways The Future of Warehousing: Pallet Shuttle Systems Efficient and optimized facility management is a vital cornerstone of the modern national and global supply chain. As consumer demands evolve and the industry adapts accordingly, pallet shuttle systems are among the many technologies that have emerged as revolutionary industry innovations. This type of system optimizes…
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Benefits of Circular Supply Chains
Key Takeaways: Global awareness of the effects of climate change is steadily increasing, and rising numbers of consumers are taking an interest in the welfare of our planet and how pollution impacts our air and waterways. Given that the largest part of any company’s carbon footprint is centered on its supply chain, enterprises are making…
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Exploring the Value of Supply Chain Diversity
Key Takeaways Supply chains are like the nervous system that ties countries and communities together. Traditional supply chain management has focused on important tenets that include efficiency, resilience, cost reduction, and sustainability; and indeed, these remain important drivers of logistics success. But in recent years, supply chain managers have recognized the vital importance of internal…
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What Are the Benefits of Warehouse Automation?
Key Takeaways: It’s a well-known fact that labor and transportation costs are continuing to rise; warehouse operators throughout the supply chain have been feeling the pinch. With higher warehouse expenses, it has become more costly to move products while keeping prices manageable for consumers, and more difficult for supply chain managers to increase profits while…
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How the Supply Chain Drives Product Innovation
Key Takeaways How the Supply Chain Drives Product Innovation The supply chain, once taken for granted as the component of business operations solely focused on getting products from the manufacturing floor into customer hands, has emerged as a strategic force that plays a critical role in driving product innovation. As technology advances and consumers become…
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Benefits of Intermodal Transportation in the Supply Chain
Key Takeaways: The Benefits of Intermodal Transportation The complexity of the global supply chain presents a variety of challenging issues and obstacles, including labor shortages and the potential for major supply chain disruptions, such as natural disasters and cybersecurity breaches. Such roadblocks have the potential to make operations more difficult for supply chain stakeholders —…
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What is Pipeline Inventory and How Does it Work
Key Takeaways: What is Pipeline Inventory? Pipeline inventory is an essential component in the national and global supply chain — especially as supply chains grow increasingly complex. In contrast to stockpiles of goods that are in storage and haven’t yet been paid for, pipeline inventory refers to goods that have been purchased or committed for…
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The Future of Work in the Supply Chain
Key Takeaways: Over the past decade, the national and global supply chain have undergone an unprecedented period of transformation — hastened by the recent pandemic, which accelerated several years’ worth of technological advancements within only a matter of months. As we look toward an increasingly globalized future that prioritizes increased automation, enhanced sustainability, and meeting…
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Product Lifecycle Intelligence for Supply Chain Optimization
Key Takeaways: Product Lifecycle Intelligence for Supply Chain Optimization Product lifecycle intelligence, or PLI, is a transformative business approach that uses data-driven intelligence to optimize the lifecycle of a product, from its development to its eventual end-of-life. By exploring a product’s journey through a holistic view, organizations can make informed and insight-driven decisions that help…
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Idle Pallet Storage: What You Need to Know to Keep Your Warehouse Safe
Key Takeaways: Regardless of whether they are part of your company’s internal pool or simply awaiting disposal, towering stacks of pallets are likely a common sight at most warehouses and fulfillment centers. In many cases, workers pile these pallets wherever they can find empty space, creating potential hazards. But idle pallets aren’t merely an inconvenience…