Virtual inventories get real
About 10 years ago, when the Internet frenzy was taking off, many in the industry predicted the rise of virtual fulfillment and, possibly the end of inhouse
About 10 years ago, when the Internet frenzy was taking off, many in the industry predicted the rise of virtual fulfillment and, possibly the end of inhouse
You might not think that adding something as simple as a barcode label to a carton or a pallet would make a huge difference in your operations. But applying
Radio frequency identification (RFID) was supposed to revolutionize operations, only it never materialized. In fact, according to a survey compiled by NCR Corp. and Retail Systems Alert Group, the adoption rate of RFID is still modest primarily because technical and cultural roadblocks continue to impede RFID’s growth.
Inventory management is a pendulum that is constantly swinging from calm to chaos. When product demand increases, availability decreases. The immediate reaction is to over compensate and substantially increase purchase orders. Demand then declines leaving extensive overstocks. It is a cycle that repeats itself with each new product.
Companies ignore reverse logistics at their own peril, because improving the returns process is a relatively easy way to move dollars to the bottom line. An automated reverse logistics operations
On the front end, personalizing products is a great idea that can give you a distinctive edge over your competitors. On the back end, however, offering
Forecasting inventory for seasonal demand takes philosopher George Santayana’s dictum Those who cannot remember the past are condemned to repeat it and
Did you hear the one about the guy who attended an industry conference and a reality television show broke out? That’s what happened during 60 Ideas in
There was nary a thou shalt among the 12 commandments of performance management put forth by Kate Vitasek, managing partner of Bellevue, WA-based consultancy
Bill Tyng, a systems consultant for Cincinnati-based supply chain consultancy Forte, has seen a lot of problems and pitfalls with implementing WMSs. Here