7 formulas for inventory management efficiency
April 27, 2022Proper management of stock in the warehouse greatly boosts productivity in logistics operations. These are the main formulas for measuring success in inventory control.
Explore the Interlake Mecalux blog and learn more about the latest methods for warehouse space optimization, how to improve inventory management, automated material handling equipment & software.
Proper management of stock in the warehouse greatly boosts productivity in logistics operations. These are the main formulas for measuring success in inventory control.
Warehouse of the future: it’s characterized by hyperautomation through the use of advanced technologies such as AI, machine learning, big data, and blockchain.
Milk run logistics is a goods delivery method used to transport products from different suppliers to a single final destination.
Processes that can be automated in logistics are those that can feasibly incorporate technology in operations as diverse as goods receipt, storage, and order fulfillment.
Supply chain as a service promotes the outsourcing of supply chain management on the back of the digital transformation sweeping across businesses nowadays.
Optimal stock levels ensure that no more unit loads are stored than necessary for faster and more efficient order fulfillment.
Automated replenishment systems prevent stockouts and ensure that warehouse pickers always have the items they require to prepare orders.
Warehouse consolidation is a practice whereby the logistics facility receives individual orders from other centers and groups them into larger shipments to facilitate their transportation.