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Proven Strategies To Improve Inventory Management

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  Proven Strategies To Improve Inventory Management On hearing the term inventory management, a gush of mixed feelings gets collected in our mind, and we start to give our own set of definitions to it. A successful inventory management system is all about spending less on storage, having less stock redundancy, reducing the amount of money invested in stock, and improving customer service.  Indeed, taking a hold onto your inventory management strategy would increase its working efficiency, leading to increased sales as well. However, the current environment, where everything has turned automated around us, expecting an inventory management system to get automated, is not wrong. Every business regardless of its size and domain depends on inventory management.  Inclusion of human efforts in this niche can welcome some mistakes and errors, but giving it a digital turn, enhances the experience to a great extent. The time consuming process of inventory tracking through manual e...

How The Logistic Industry Is Thriving During Covid 19?

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  How The Logistic Industry Is Thriving During Covid 19? The vicious trap of Covid-19 has brought all of us to uncertainty where it is hard to survive, without proper planning. In this run, multiple industries have got impacted and logistics and supply chain operations are also no exception to this crisis. The supply chain disruptions have left both long-term and short-term impacts on different businesses. Also, the lockdown and other quarantine measures across the geographies made certain obstacles for the Supply chain industry. However, despite having certain hiccups in the operations, still supply chain sector has found its niche in the pandemic. The ever-growing demand for products and services across different business sectors has created a short-term demand-supply synchronization strategy. And stay prepared for potential channel shifts, with global scenario planning.  Let’s take a look at how logistics companies are meeting the demands of different busines...

kapoklog Logistics Supply Chain Knowledge 6 Major Benefits of Collaborative Manufacturing

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  kapoklog Logistics Supply Chain Knowledge  6 Major Benefits of Collaborative Manufacturing  6 Major Benefits of Collaborative Manufacturing Innovative modern and digital technologies have altered the state of manufacturing, not just in the way things are done but also how the entire market is structured. With 3D printing and automation, for example, it’s now possible for a small-time organization to keep pace with a much larger operation. Understandably, it’s made the entire industry much more competitive and volatile in the sense that anything can change at any time. Furthermore, consumer demands have changed considerably and people now want higher-quality goods at a much faster rate. Thanks to on-demand style systems that have appeared elsewhere, they also want a higher degree of personalization for their products, which is difficult to quantify in a traditional mass-production-focused setup. In a recent consumer electronics survey, 62% of respondents s...

What is the Securing the supply chain by China Shipping Kapoklog ?

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  What is the Securing the supply chain by China Shipping Kapoklog ? Supply chain risk management is now a pressing concern with a number of high profile breaches being traced back to third party suppliers. Back in February it was revealed that the Target breach that affected 110 million customers originated from a heating, air conditioning and ventilation (HVAC) subcontractor t hat was privy to certain network credentials. The attack was carried out using information from just 25 point of sale terminals, illustrating the damage that can be caused from a small amount of data. Yet in manufacturing, supply chain information security is still an afterthought; a tick in the box exercise for the annual audit. Admittedly, securing the supply chain i s fraught with complexity. While it’s clear that responsibility for data protection resides with the creator/owner, safeguarding it when it is out of your hands can be problematic. Supplier relationships are often built on trust and retrofi...

Momentous Facts and the Enormous Savings on Industrial Plastic Storage Containers

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 Momentous Facts and the Enormous Savings on Industrial Plastic Storage Containers Momentous Facts and the Enormous Savings on Industrial Plastic Storage Containers How big is ‘big’? There are some absolutely momentous and enormous things out there, and we are going to share some absolutely gigantic things that involve storage , crates and plastics. Take for instance these interesting facts about Cargo transport and heavy lifting. · China’s Taishan (named after the tallest mountain in the Shandong Province) is the world’s strongest crane, with a one-time certified lift weigh of 20,133 Metric tons (44,385,654.726lbs). (CIMC-Raffles) · The largest cargo vessel is the Emma Maersk, of Denmark. It has a 207 foot beam (meaning deck width) and is 1,303 feet long. Its cargo capacity is a whopping 15,000 twenty-foot long cargo containers! (Maersk) · The largest cargo aircraft in the world is the Antonov AN-225 “Mriya”, with a wingspan of 88 meters, and a cargo capacity of 225 metric tons (m...

Big data in the supply chain – hype or a useful tool for logistics?

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  Big data in the supply chain – hype or a useful tool for logistics? Big data in the supply chain – hype or a useful tool for logistics? Big data requires new technologies The phrase “big data” will likely run its course at some point – thanks in no small part to the increasingly vague way it is now used to describe even simple data analytics. But that doesn’t mean that the technology behind the catchphrase will suffer the same fate. Big data in its original sense (which is how it is to be understood here) describes "data sets so large or complex that traditional data processing applications are inadequate". In other words, big data requires new technologies. Generally speaking, the benefit of big data lies in crunching large sets of data from the (recent) past to draw conclusions that can be used to make the best possible decisions for the future (sometimes in real time). The underlying theory is that wherever rules or mathematical formulas alone fail to yield useful foreca...