Throughout the supply chain industry there are various types of inventory management processes that businesses use depending on how they operate. Some examples of inventory management trends include the min/max method, omni-channel fulfillment, just-in-time, and just-in-case methods. Perhaps one of the more popular practices, the just-in-time method, involves a business setting up its supply chain…
How Warehouse Robotics are Changing the Supply Chain The COVID-19 pandemic has accelerated the efforts of manufacturers and logistics companies to incorporate new technologies to meet growing demand while also operating with fewer employees. As disruptions such as product shortages, lack of delivery capacity, and an ongoing labor crisis continue to impact the global supply…
As the economy continues to reopen and businesses strive to move beyond the COVID-19 pandemic, industries are experiencing a demand surge that has overwhelmed the supply chain in numerous areas. Material shortages, increasing prices, port bottlenecks, and challenges with demand forecasting are just some of the disruptions companies are trying to work through. To make…
Supply Chain AI and Machine Learning Over the last few years, supply chain management has progressively become a more difficult task. Most recently, the pandemic proved that it is imperative for manufacturers to develop contingency plans to keep production moving in times of uncertainty. Supply chain artificial intelligence (AI) and machine learning are on the…
Automation technology that once seemed years away is quickly evolving and emerging as a key component for the future growth of the global supply chain. Among the key innovations being watched closely by industry analysts are autonomous trucking. If development and testing continue apace, we may see self-driving trucks on our roads within the next…
As retailers and manufacturers navigate the challenges of the post-COVID economy, an optimized workflow and distribution network is imperative to their success. Logistics companies and the global supply chain have suffered many disruptions over the last year, leading to many experts urging companies to invest in key supply chain innovations, such as effectively managed warehouse management systems, to help them weather the crisis as the economy continues to bounce back slowly. What is a Warehouse Management System? A warehouse…