Last week, the Wall Street Journal reported that in 2017 total spending on logistics in the US rose to a record $1.5 trillion, up 6.2% from the year before. What’s more, the costs of warehousing, fulfillment and delivery are expected to keep rising in the upcoming year. This is why the biggest players in the market are investing in cutting edge warehouses and technology.
Here are 4 amazing examples of beautiful warehouse operations in which the latest technologies are helping ecommerce giants handle record volumes of parcels faster and more efficiently than ever before.
Are you thinking of streamlining your warehouse operations to increase efficiency and productivity? If so, worry no more as this guide gives practical insights on selecting the right pallet racking, which is critical to optimizing your warehouse efficiency.
Warehouse professionals face a lot of challenges, such as inaccurate inventory, avoiding product damage, and poor space utilization. Fortunately, having the appropriate pallet racking system can help address these challenges.
There is a wide range of pallet racking systems on the market, and choosing the right one could be downright confusing.
So, here are several tips to help you decide on the pallet racking system that would best meet your warehouse needs.
Network optimization is a critical issue across all Supply Chains. In Manufacturing, Distribution, Logistics and Retail the effectiveness of your network will make the difference between success and failure.
There are many environmental factors that must be taken in to account in order to define and optimize your network. Your business may be growing or declining. You may be expanding into new channels, such as E-Commerce, or you may be pulling back. And you may have just received a cash infusion allowing you to invest more, or you may have enormous cash and profit pressures forcing you to ratify your network.
Whatever your situation your network must continually be optimized. Your facilities, whether owned, rented or outsourced, are the living organism which make up your network and define how your company goes to market.
A forklift is an essential piece of equipment in any warehouse, distribution center or factory. Without it, it would be nearly impossible to efficiently move heavy objects in these environments. The strength and versatility of lift trucks certainly make life easier for the people who work in most industrial settings as long as there exists forklift safety.
However, the power that forklifts provide must be used with a great deal of responsibility. Operators need to be capable and well-trained in order to do their jobs effectively and efficiently. Most importantly, they also must know how to handle the equipment safely in order to prevent accidents.
More than 20,000 people are injured each year as a result of incidents involving forklifts. This underscores the importance of knowing how to use this essential equipment responsibly.
Distribution channels are vital for companies because they enable smooth item delivery to their customers. These centers include areas to receive the items, ensure package efficiency, and store, ship, and audit supplies which is why you want to optimize your Distribution Center.
According to PrecisionWarehouseDesign.com, effective warehousing enables products to arrive to the consumers in the best possible state. On the other hand, inefficient distribution centers are prone to inventory inaccuracy and poor warehouse layout.
No matter how big or small your operation and your company is you likely have the same disruptive pressures on your Warehouses and Distribution Centres.
Everyone, including those who are best in class, has the need to reduce costs, improve the speed and accuracy of order fulfillment and warehouse activities, optimize inventory, and provide sufficient capacity to support growth at your busiest times of the year.
The ability to leverage technology to help address those pressures is no longer just possible for large companies. The nature of the technology landscape brings those improvements within the reach of most everyone.
Supply Chain responsibilities are vast in any organization. These jobs reach far and wide, touching virtually every business process, most metrics, and all functional areas.
But too often the expected deliverables from Supply Chain professionals are established without a real understanding of the totality and breadth of actual tasks that must be performed underneath those high level expectations.
With an iceberg it is said that only 10% of it is visible as the rest is under the water. This can be analogous to the work done in Supply Chain.
So let’s explore the Supply Chain Workload iceberg!
If your business involves running and maintaining a warehouse, you should be highly concerned with the different occupational hazards that come with such tasks. Warehouse safety is something that entrepreneurs must prioritize at all costs.
Since it’s not the usual workplace setting that comprises office desks, cubicles, and ergonomic chairs, it’s only a wise decision to pay more attention and do careful planning to keep the space safe for all your workers.
The retail company I had joined had just invested $25 million to automate their Distribution Centre. They automated the process of fulfilling orders in individual units, or eaches, instead of case fulfillment.
As I learned more and more about the system and the operation it became obvious to me that the entire paradigm that went into the $25 million investment was wrong. They wasted at least $20 million by perpetuating individual unit.
They could have save a lot of time and money by changing their fundamental operating model to one of case fulfillment – the Retail Holy Grail!
Organization is a key component to the success of any industry. Keeping track of inventory and supplies can dramatically effect the bottom line, depending on the amount of time and resources allocated to these aspects of the business. Pallet racking can be a tremendous asset when it comes to meeting these needs.
These racks come in many different shapes and sizes, that can be specifically designed to meet your needs.
The pallet racking infographic that follows will give you all of the detailed information you will need to make the proper decision when purchasing shelving for your business.
Peak season fulfillment is a topic that strikes both fear and hope into the minds of supply chain leaders.
It can boost profitability and provide a jolt of efficiency. On the other hand, inadequate peak fulfillment can write the epithet on a company’s tombstone.
Instead of waking to a real Christmas horror, ensure your supply chain is capable of handling peak demands by understanding the problem with poor peak season planning, how the right strategies build optimization, and by applying these nine critical best practices.
“The receiving docks are backed up. We have trucks in the parking lot waiting to unload their goods. There are even more containers on their way. And we have no empty space left in the warehouse racking.”
That was the actual conversation I had with the head of the Distribution Centre (DC). We had a big problem on our hands to say the least.