Sound familiar? In the face of flat or declining growth rates, the pressure is on for companies to reduce operating expenses to protect margins. Supply chain executives are faced with the challenge of reducing labor costs, but at the same time, customers are placing more orders with smaller quantities. Customers are also under pressure to lower costs by reducing inventory levels and this translates into more cost to serve for your business. Thus the business challenge is how to do more with less within the distribution operation. Now may be the time to revisit some basic first principles to maximizing warehouse efficiency.
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While there is some debate about the differences between inventory management and inventory control, the truth is that a good inventory control system does it all by taking a holistic approach to inventory and empowering organizations to utilize lean practices to optimize productivity and efficiency along the supply chain while having the right inventory at the right locations to meet customer expectations.
That being said, there are two different types of inventory control systems available today: perpetual inventory systems and periodic inventory systems. Within those systems, two main types of inventory management systems — barcode systems and radio frequency identification RFID systems — used to support the overall inventory control process:. Inventory control systems help you track inventory and provide you with the data you need to control and manage it.
No matter which type of inventory control system you choose, make sure that it includes a system for identifying inventory items and their information including barcode labels or asset tags; hardware tools for scanning barcode labels or RFID tags; a central database for all inventory in addition to the ability to analyze data, generate reports, and forecast demand; and processes for labeling, documenting, and reporting inventory along with a proven inventory methodology like just-in-time, ABC analysis, first-in, or first out FIFO , or last-in-first-out LIFO.
Read on to learn more about the types of inventory and the types of inventory control systems and inventory management apps that can help companies more efficiently manage their inventory. Generally, inventory can be grouped into four primary classifications :. Companies that purchase finished goods and sell them to customers at a markup have just one type of inventory called merchandising inventory.
Some companies, such as manufacturers, need to manage a variety of inventory in different classifications, making efficient inventory tracking a must. To effectively manage inventory, an inventory tracking solution is paired with an inventory control app or inventory management app. Inventory control systems, such as inventory control apps, offer a variety of functions that help companies manage various types of inventory.
Inventory control systems typically consist of inventory management apps paired with barcode tagging to identify inventory assets , and information about each item is stored in a central database. The best inventory control apps are mobile-compatible, with companion apps that allow users to track and manage inventory while they move throughout a facility or from site to site. There are many inventory tracking apps for smartphones, some of which are mobile-exclusive, while others have desktop applications to allow users to track inventory from any device.
There are also many inventory tracking apps designed specifically to meet the needs of warehouse managers. When you use a perpetual inventory system , it continually updates inventory records and accounts for additions and subtractions when inventory items are received, sold from stock, moved from one location to another, picked from inventory, and scrapped. Some organizations prefer perpetual inventory systems because they deliver up-to-date inventory information and better handle minimal physical inventory counts.
Perpetual inventory systems also are preferred for inventory tracking because they deliver accurate results on a continual basis when managed properly. This type of inventory control system works best when used in conjunction with a database of inventory quantities and bin locations updated in real time by warehouse workers using barcode scanners. Inventory management apps are perpetual inventory systems. There are some challenges associated with perpetual inventory systems.
First, these systems cannot be maintained manually and require specialized equipment and software that results in a higher cost of implementation, especially for businesses with multiple locations or warehouses. Periodic maintenance and upgrades are necessary for perpetual inventory systems, which also can become costly. Another challenge of using a perpetual inventory system is that recorded inventory may not reflect actual inventory as time goes by because they do not conduct periodic physical inventory counts, a necessary activity even when inventory trackers are used.
The result is that errors, stolen items, and improperly scanned items impact the recorded inventory records and cause them not to match actual inventory counts.
Periodic inventory systems do not track inventory on a daily basis; rather, they allow organizations to know the beginning and ending inventory levels during a certain period of time.
These types of inventory control systems track inventory using physical inventory counts. When physical inventory is complete, the balance in the purchases account shifts into the inventory account and is adjusted to match the cost of the ending inventory. There are a few disadvantages of using a periodic inventory system.
First, when physical inventory counts are being completed, normal business activities nearly become suspended. As a result, workers may hurry through their physical counts because of time constraints. It also becomes more difficult to identify where discrepancies in inventory counts occur when using a periodic inventory control system because so much time passes between counts.
The amount of labor that is required for periodic inventory control systems make them better suited to smaller businesses. Inventory management systems using barcode technology are more accurate and efficient than those using manual processes. When used as part of an overall inventory control system, barcode systems update inventory levels automatically when workers scan them with a barcode scanner or mobile device. The benefits of using barcoding in your inventory management processes are numerous and include:.
Radio frequency identification RFID inventory systems use active and passive technology to manage inventory movements. Active RFID technology uses fixed tag readers throughout the warehouse; RFID tags pass the reader, and the movement is recorded in the inventory management software. For this reason, active systems work best for organizations that require real-time inventory tracking or where inventory security has been an issue.
Passive RFID technology, on the other hand, requires the use of handheld readers to monitor inventory movement. When a tag is read, the data is recorded by the inventory management software.
RFID technology has a reading range of approximately 40 feet with passive technology and feet with active technology. RFID inventory management systems have some associated challenges. First, RFID tags are far more expensive than barcode labels; thus, they typically are used for higher value goods.
RFID tags also have been known to have interference issues, especially when tags are used in environments with a lot of metal or liquids. It also costs a great deal to transition to RFID equipment, and your suppliers, customers, and transportation companies need to have the required equipment as well. Additionally, RFID tags carry more data than barcode labels, which means your system and servers can become bogged down with too much information.
When choosing an inventory control system for your organization, you first should decide whether a perpetual inventory system or periodic inventory system is best suited to your needs. Then, choose a barcode system or RFID system to use in conjunction with your inventory control system for a complete solution that will enable you to have visibility into your inventory for improved accuracy in scanning, tracking, recording, and reporting inventory movement.
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This sentiment holds especially true for organizations who rely on warehouse staff or automated equipment to fulfill orders. E-commerce behemoths such as Amazon have forever changed the perception of how orders should be fulfilled, both in terms of time and accuracy. But, while your company might not be promising same-hour delivery , these changing expectations are not to be ignored— in fact, they should be shaping your ever-changing warehouse order picking strategy. Warehouse order picking is a simple concept, but in practice, picking processes can be complex.
The ultimate guide to warehouse order picking
While there is some debate about the differences between inventory management and inventory control, the truth is that a good inventory control system does it all by taking a holistic approach to inventory and empowering organizations to utilize lean practices to optimize productivity and efficiency along the supply chain while having the right inventory at the right locations to meet customer expectations. That being said, there are two different types of inventory control systems available today: perpetual inventory systems and periodic inventory systems. Within those systems, two main types of inventory management systems — barcode systems and radio frequency identification RFID systems — used to support the overall inventory control process:. Inventory control systems help you track inventory and provide you with the data you need to control and manage it. No matter which type of inventory control system you choose, make sure that it includes a system for identifying inventory items and their information including barcode labels or asset tags; hardware tools for scanning barcode labels or RFID tags; a central database for all inventory in addition to the ability to analyze data, generate reports, and forecast demand; and processes for labeling, documenting, and reporting inventory along with a proven inventory methodology like just-in-time, ABC analysis, first-in, or first out FIFO , or last-in-first-out LIFO. Read on to learn more about the types of inventory and the types of inventory control systems and inventory management apps that can help companies more efficiently manage their inventory.
Warehouse management system
On your ship, you promise your guests pure enjoyment and a boatload of unforgettable impressions. Of course, you'll keep this promise. With a perfectly coordinated team working behind the scenes. Last but not least, a HOBART service technician will take care of the maintenance — regardless of where you decide to drop anchor.
Warehouses, defined here, are facilities that provide a proper environment for the purpose of storing goods and materials that require protection from the elements. Warehouses must be designed to accommodate the loads of the materials to be stored, the associated handling equipment, the receiving and shipping operations and associated trucking, and the needs of the operating personnel. The economics of modern commercial warehouses dictate that goods are processed in minimal turnaround time. Heated and unheated general warehouses —provide space for bulk, rack, and bin storage, aisle space, receiving and shipping space, packing and crating space, and office and toilet space;. Refrigerated warehouses —preserve the quality of perishable goods and general supply materials that require refrigeration. Includes freeze and chill space, processing facilities, and mechanical areas; and. Controlled humidity CH warehouses —similar to general warehouses except that they are constructed with vapor barriers and contain humidity control equipment to maintain humidity at desired levels. Special-designed warehouses meeting strict requirements can also provide liquid storage fuel and nonpropellants , flammable and combustible storage, radioactive material storage, hazardous chemical storage, and ammunition storage.
FBW can do these things and many others. FBW integrates with Xero, a Web-based accounting solution for small to midsize businesses. This integration ensures that all orders and updates made in FBW are automatically recorded in your accounting solution.
ALMACO has extensive experience in designing and supplying cabins and public areas, both modular and stick built, as well as providing and outfitting new accommodation blocks at the newbuild stage or during unit modernizations. Cabins are pre-assembled in a temporary factory in close proximity to the structure and loaded into as complete units. ALMACO provides complete turnkey services to shipyards and owners who are either building or modernizing galleys and other food handling areas such as bars, buffet counters and pantries. ALMACO utilizes modular pre-fabrication technology to build walk-in pantries, cooking units and even show galleys. The pre-fabrication provides many benefits: reduced workload and installation time on board, Quality control and full testing prior to installation. ALMACO works together with the end users to customize the provision stores in order for them to get the best usability onboard. Some of the benefits ALMACO offers to the marine industry is a wide range of refrigeration machinery, flexible design and a choice of compressors. Our high end condensing units, brine chillers and control systems meet the stringent demands set by the marine environment and operation. Our support includes p re-contractual engineering, detail design and drawings, supply and installation of the equipment, and onboard commissioning and start-up of the equipment.
If you work in the order fulfillment or materials handling industries, you know that there is no escaping the inevitable march towards automation. Over the past few decades, there has been an explosion of new warehouse automation technologies, systems, and strategies, all promising to make your operation more competitive, less wasteful, and, ultimately, more profitable. But even if those types of promises are bold and warrant further investigation, with all hype and excitement about automation, you may be wondering if it is truly the right path for you and your operation. The four primary benefits of warehouse automation are: Reduced labor costs, increased operational efficiency, increased workplace safety, and the ability to address labor availability concerns. The secret behind these results? Identifying repetitive tasks or unnecessary movements of resources or inventory that can be eliminated or conducted more efficiently, at a lower cost, with less labor, more accurately, and in less time. Warehouses and distribution centers typically require a number of similar tasks be performed hundreds and thousands of times per day. By replacing these tasks with the right mixture of automation and software you can reduce the amount of labor hours required in your operation. Want an example of how a specific automated system can lead to decreased labor costs? By switching to an automated sortation system, you would no longer need your sortation to be such a personnel-heavy part of your operation.
The Supply Chain Professional’s Guide to Warehouse Automation
Download this warehouse and distribution center terminology dictionary here: Download. Warehouse Management System. Cold Storage. Search for:. Warehouse Dictionary. Safety Lead Time thru Synchronization.
В ней царила полная тишина. Прямо перед ним, откинувшись на груду старых подушек, лежал пожилой человек с ярко-белой гипсовой повязкой на правом запястье. ГЛАВА 21 Голос американца, звонившего Нуматаке по прямой линии, казался взволнованным: - Мистер Нуматака, в моем распоряжении не больше минуты. - Хорошо.
The ultimate guide to warehouse order picking
Они лежали на широкой кровати под балдахином в Стоун-Мэнор. О кольце он позаботиться не успел, слова пришли сами .
Все закончилось. Действительно закончилось. Теперь можно возвращаться домой. Кольцо на пальце и есть тот Грааль, который он искал.
Я позвоню в телефонную компанию. Я уверена, что они смогут сказать. Нуматака тоже был уверен, что компания это сделает.