A warehouse management system (WMS) provides greater returns on investment than an enterprise resource planning (ERP) system alone by boosting productivity, improving accuracy, and enabling new revenue streams from value-added services. A WMS optimizes operations through real-time planning, space utilization, and routing to reduce cycle times by up to 40%. It also offers richer inventory visibility and control to achieve 99.9% order accuracy. Further, a WMS supports complex value-added operations like assembly and custom configurations that can significantly increase profits.
Top 8 benefits of warehouse management systemPower House LV
For companies experiencing growth, a warehouse management system is imperative. A warehouse management system (WMS) will be of great value to growing businesses with on-hand inventory. By monitoring work processes at multiple levels, boosting productivity, and maximizing asset utilization, the WMS can enhance operational efficiency for both labor and physical space. Automating WMSs improves accuracy, throughput, and speed when it comes to inventory control. In addition to the obvious benefits of warehouse management systems, we have highlighted some of the secondary benefits below.
Warehouse Control System vs. Warehouse Management SystemAL Systems
http://www.alsystems.com/warehouse-control-system
There are several misconceptions about the functionalities and capabilities of a WAREHOUSE CONTROL SYSTEM as compared to a WAREHOUSE MANAGEMENT SYSTEM. A WAREHOUSE MANAGEMENT SYSTEM is a planning system designed to manage movement and storage of materials within a warehouse and distribution center. Despite being an extremely valuable resource in warehousing and distribution operations, customizing a WAREHOUSE MANAGEMENT SYSTEM to control warehouse automation and material handling subsystems can not only be very expensive and time consuming, but also jeopardize future WAREHOUSE MANAGEMENT SYSTEM upgrades. To address this issue, many companies are now turning to the WAREHOUSE CONTROL SYSTEM.
A WAREHOUSE CONTROL SYSTEM, on the other hand, is an execution system designed to direct real-time activities within a warehouse and distribution center. A WAREHOUSE CONTROL SYSTEM provides a single point of connection between a WAREHOUSE MANAGEMENT SYSTEM, ERP and/or host system and the “shop floor”, ensuring all floor activities are running smoothly, maximizing the efficiency of operators as well as warehouse automation and material handling subsystems such as Pick to Light, Voice Picking, RF, Conveyor Systems, Sortation Systems, Automated Labeling Equipment etc.
The WAREHOUSE CONTROL SYSTEM landscape is changing rapidly, whereby the new breed of WAREHOUSE CONTROL SYSTEMS is equipped to handle most of the WAREHOUSE MANAGEMENT SYSTEM functions and more, but at a much lower cost.
Why Inventory Management is Critical for Your OperationAngela Carver
Supply chain businesses continue to increase in complexity. Manual processes can no longer support these changing operations. Warehouse management system software is a necessary tool to manage these complex businesses. Using warehouse management software can help with inventory management tracking needs and may help to reduce costs, increase staff productivity and improve customer satisfaction. All of these factors are important to customer retention and finding new customers.
Inventory management is critical to many supply chain operations as it allows your team to better analyze patterns in activity, both inside and outside of your facility. Paper-based inventory management does not facilitate the level of reporting needed to determine trends affecting your business. With this information your team can optimize inventory management efforts and facility layout.
Using inventory management software also helps your business to better monitor inventory flow through rates. You will be able to better understand what inventory levels are most appropriate to both reduce inventory carrying costs and reduce out of stock instances. Supply chain businesses utilizing this type of technology typically see an average 7.5% decrease in out of stocks.
Inventory management software can also help in improving the effectiveness of facility order fulfillment. With the real-time data availability created with the use of the software staff can pick, pack and ship orders in record time and with increased accuracy. 95.4% of businesses reported orders are delivered on time and complete when inventory control technology is used.
Managing inventory with technology such as WMS can also help to improve benchmarking capabilities. With access to KPI data your team can compare against industry standards and make adjustments as needed.
WMS also increases asset tracking capabilities and can help to reduce the amount of lost and damaged inventory within your facility. Performing activity such as cycle counts directed by the WMS your team can identify inventory loss patterns, leading to a faster issue resolution.
The data collected using inventory control software also improves communication and decision making capabilities. This, along with the other areas of improvement, lead to a better customer experience and increased customer loyalty. To learn more about how inventory management can benefit your business contact Datex experts today.
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Top 8 benefits of warehouse management systemPower House LV
For companies experiencing growth, a warehouse management system is imperative. A warehouse management system (WMS) will be of great value to growing businesses with on-hand inventory. By monitoring work processes at multiple levels, boosting productivity, and maximizing asset utilization, the WMS can enhance operational efficiency for both labor and physical space. Automating WMSs improves accuracy, throughput, and speed when it comes to inventory control. In addition to the obvious benefits of warehouse management systems, we have highlighted some of the secondary benefits below.
Warehouse Control System vs. Warehouse Management SystemAL Systems
http://www.alsystems.com/warehouse-control-system
There are several misconceptions about the functionalities and capabilities of a WAREHOUSE CONTROL SYSTEM as compared to a WAREHOUSE MANAGEMENT SYSTEM. A WAREHOUSE MANAGEMENT SYSTEM is a planning system designed to manage movement and storage of materials within a warehouse and distribution center. Despite being an extremely valuable resource in warehousing and distribution operations, customizing a WAREHOUSE MANAGEMENT SYSTEM to control warehouse automation and material handling subsystems can not only be very expensive and time consuming, but also jeopardize future WAREHOUSE MANAGEMENT SYSTEM upgrades. To address this issue, many companies are now turning to the WAREHOUSE CONTROL SYSTEM.
A WAREHOUSE CONTROL SYSTEM, on the other hand, is an execution system designed to direct real-time activities within a warehouse and distribution center. A WAREHOUSE CONTROL SYSTEM provides a single point of connection between a WAREHOUSE MANAGEMENT SYSTEM, ERP and/or host system and the “shop floor”, ensuring all floor activities are running smoothly, maximizing the efficiency of operators as well as warehouse automation and material handling subsystems such as Pick to Light, Voice Picking, RF, Conveyor Systems, Sortation Systems, Automated Labeling Equipment etc.
The WAREHOUSE CONTROL SYSTEM landscape is changing rapidly, whereby the new breed of WAREHOUSE CONTROL SYSTEMS is equipped to handle most of the WAREHOUSE MANAGEMENT SYSTEM functions and more, but at a much lower cost.
Why Inventory Management is Critical for Your OperationAngela Carver
Supply chain businesses continue to increase in complexity. Manual processes can no longer support these changing operations. Warehouse management system software is a necessary tool to manage these complex businesses. Using warehouse management software can help with inventory management tracking needs and may help to reduce costs, increase staff productivity and improve customer satisfaction. All of these factors are important to customer retention and finding new customers.
Inventory management is critical to many supply chain operations as it allows your team to better analyze patterns in activity, both inside and outside of your facility. Paper-based inventory management does not facilitate the level of reporting needed to determine trends affecting your business. With this information your team can optimize inventory management efforts and facility layout.
Using inventory management software also helps your business to better monitor inventory flow through rates. You will be able to better understand what inventory levels are most appropriate to both reduce inventory carrying costs and reduce out of stock instances. Supply chain businesses utilizing this type of technology typically see an average 7.5% decrease in out of stocks.
Inventory management software can also help in improving the effectiveness of facility order fulfillment. With the real-time data availability created with the use of the software staff can pick, pack and ship orders in record time and with increased accuracy. 95.4% of businesses reported orders are delivered on time and complete when inventory control technology is used.
Managing inventory with technology such as WMS can also help to improve benchmarking capabilities. With access to KPI data your team can compare against industry standards and make adjustments as needed.
WMS also increases asset tracking capabilities and can help to reduce the amount of lost and damaged inventory within your facility. Performing activity such as cycle counts directed by the WMS your team can identify inventory loss patterns, leading to a faster issue resolution.
The data collected using inventory control software also improves communication and decision making capabilities. This, along with the other areas of improvement, lead to a better customer experience and increased customer loyalty. To learn more about how inventory management can benefit your business contact Datex experts today.
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Download Supply Chain Management Outline PowerPoint Presentation Slides for effective operational planning. The SCM overview PowerPoint complete deck includes various professional slides such as components of the supply chain, company timeline, SCM advantages, project management and communication, supply chain management goals and bifurcations, logistics, control tower, and more. All objects are fully customizable so that users can enter text in the placeholders, change colors if they wish to and present in the shortest possible time. Develop an effective supply chain management strategy using inventory management presentation design. It assists you to plan and analyze the SCM process with clear understanding. Demonstrate the high performance, efficient and effective solutions of logistics management. Use this Inventory control PPT visuals to represent the process of manufacturing, distribution and warehousing, supply and retail. Our experts have used appealing graphics along with editable charts, graphs and icons to make this more interactive.
Want to present your company’s supply chain management review report? Not finding suitable PPT templates for the same. No worries! We are here to help you out. Download our professionally designed supply chain management review PowerPoint presentation slides that will help you in explaining the various aspects of supply chain management. This supply chain analysis PPT presentation includes a slide on introduction, supply chain management process, SCM decision phases, strategic sourcing process, logistics & IT, planning & forecasting, inventory management, inventory management models, performance measures, a common problem with SCM, components of supply chain etc., which will help you leave an impact on your audience. Our research team has researched for the content and our graphics designers have converted it into an impressive presentation. This order fulfilment presentation PPT is suitable for topics like raw-material management, inventory management, supply chain logistics flow, material management, circular supply chain management, goods, and services flow etc. Download our supply chain management review PowerPoint presentation and accomplish your end goals. Want to present your company’s supply chain management review report? Not finding suitable PPT templates for the same. No worries! We are here to help you out. Download our professionally designed supply chain management review PowerPoint presentation slides that will help you in explaining the various aspects of supply chain management. This supply chain analysis PPT presentation includes a slide on introduction, supply chain management process, SCM decision phases, strategic sourcing process, logistics & IT, planning & forecasting, inventory management, inventory management models, performance measures, a common problem with SCM, components of supply chain etc., which will help you leave an impact on your audience. Our research team has researched for the content and our graphics designers have converted it into an impressive presentation. This order fulfilment presentation PPT is suitable for topics like raw-material management, inventory management, supply chain logistics flow, material management, circular supply chain management, goods, and services flow etc. Download our supply chain management review PowerPoint presentation and accomplish your end goals. Camaraderie comes alive due to our Supply Chain Management Review Powerpoint Presentation Slides. Friendly feelings get expressed.
Order Fulfillment Services- A Business.com GuideBusiness.com
There are many stages an order must pass through that involves software systems and physical systems. It’s no wonder companies large and small are contracting out this function to specialized order fulfillment services providers. Use this Business.com to help to choose a basic or advanced order fulfillment service.
Linking the trading partners, processes, and systems that make up your supply chain has become the differentiation you need to achieve industry-leading performance. Removing processes that do not add value and synchronizing processes within and outside a company enable you to meet customer demands for lower cost and faster delivery.
Download our content ready supply chain management PowerPoint presentation to showcase the flow of goods and services to the management and client. This predesigned supply chain analysis PPT presentation comprises 77 slides. The Supply Chain Management presentation covers slide on various relevant subjects such as supply chain management process, SCM decision phases, strategic sourcing process, logistics, and it, planning and forecasting, inventory management, inventory management models, performance measures, and common problems with supply chain management. A team of the researcher has researched the content of the presentation, and top professional graphics designers have converted it into a stunning presentation. Use this SCM PowerPoint PPT to represent the process of design, planning, implementation, control, and monitoring of supply-chain tasks with the goal of preparing net value and constructing a competitive framework. Our presentation designers have used an appealing graphics of table, pie charts, bar graphs, circles, and icons to make this presentation professional and attention-grabbing. Grab this complete presentation on supply chain management and improve the relationship with customers. Throw a line with our Supply Chain Management Powerpoint Presentation Slides. Reel them in slowly to your point of view.
A well explained presentation on one of the major Supply Chain challenges, The Bull-Whip Effect, outlining the major causes as well as the methods of coping with the Bull-Whip Effect.
As warehousing becomes more complex, there is a need to automate all processes to align them with automation already taking place in supply chain management (SCM). Modern Warehouse Management System can help.
Read more from here.
#mrpeasy #manufacturing #manufacturingsoftware #supplychainmanagement #warehousemanagement #mrpsoftware #mrpsystem #erpsystem
Download Supply Chain Management Outline PowerPoint Presentation Slides for effective operational planning. The SCM overview PowerPoint complete deck includes various professional slides such as components of the supply chain, company timeline, SCM advantages, project management and communication, supply chain management goals and bifurcations, logistics, control tower, and more. All objects are fully customizable so that users can enter text in the placeholders, change colors if they wish to and present in the shortest possible time. Develop an effective supply chain management strategy using inventory management presentation design. It assists you to plan and analyze the SCM process with clear understanding. Demonstrate the high performance, efficient and effective solutions of logistics management. Use this Inventory control PPT visuals to represent the process of manufacturing, distribution and warehousing, supply and retail. Our experts have used appealing graphics along with editable charts, graphs and icons to make this more interactive.
Want to present your company’s supply chain management review report? Not finding suitable PPT templates for the same. No worries! We are here to help you out. Download our professionally designed supply chain management review PowerPoint presentation slides that will help you in explaining the various aspects of supply chain management. This supply chain analysis PPT presentation includes a slide on introduction, supply chain management process, SCM decision phases, strategic sourcing process, logistics & IT, planning & forecasting, inventory management, inventory management models, performance measures, a common problem with SCM, components of supply chain etc., which will help you leave an impact on your audience. Our research team has researched for the content and our graphics designers have converted it into an impressive presentation. This order fulfilment presentation PPT is suitable for topics like raw-material management, inventory management, supply chain logistics flow, material management, circular supply chain management, goods, and services flow etc. Download our supply chain management review PowerPoint presentation and accomplish your end goals. Want to present your company’s supply chain management review report? Not finding suitable PPT templates for the same. No worries! We are here to help you out. Download our professionally designed supply chain management review PowerPoint presentation slides that will help you in explaining the various aspects of supply chain management. This supply chain analysis PPT presentation includes a slide on introduction, supply chain management process, SCM decision phases, strategic sourcing process, logistics & IT, planning & forecasting, inventory management, inventory management models, performance measures, a common problem with SCM, components of supply chain etc., which will help you leave an impact on your audience. Our research team has researched for the content and our graphics designers have converted it into an impressive presentation. This order fulfilment presentation PPT is suitable for topics like raw-material management, inventory management, supply chain logistics flow, material management, circular supply chain management, goods, and services flow etc. Download our supply chain management review PowerPoint presentation and accomplish your end goals. Camaraderie comes alive due to our Supply Chain Management Review Powerpoint Presentation Slides. Friendly feelings get expressed.
Order Fulfillment Services- A Business.com GuideBusiness.com
There are many stages an order must pass through that involves software systems and physical systems. It’s no wonder companies large and small are contracting out this function to specialized order fulfillment services providers. Use this Business.com to help to choose a basic or advanced order fulfillment service.
Linking the trading partners, processes, and systems that make up your supply chain has become the differentiation you need to achieve industry-leading performance. Removing processes that do not add value and synchronizing processes within and outside a company enable you to meet customer demands for lower cost and faster delivery.
Download our content ready supply chain management PowerPoint presentation to showcase the flow of goods and services to the management and client. This predesigned supply chain analysis PPT presentation comprises 77 slides. The Supply Chain Management presentation covers slide on various relevant subjects such as supply chain management process, SCM decision phases, strategic sourcing process, logistics, and it, planning and forecasting, inventory management, inventory management models, performance measures, and common problems with supply chain management. A team of the researcher has researched the content of the presentation, and top professional graphics designers have converted it into a stunning presentation. Use this SCM PowerPoint PPT to represent the process of design, planning, implementation, control, and monitoring of supply-chain tasks with the goal of preparing net value and constructing a competitive framework. Our presentation designers have used an appealing graphics of table, pie charts, bar graphs, circles, and icons to make this presentation professional and attention-grabbing. Grab this complete presentation on supply chain management and improve the relationship with customers. Throw a line with our Supply Chain Management Powerpoint Presentation Slides. Reel them in slowly to your point of view.
A well explained presentation on one of the major Supply Chain challenges, The Bull-Whip Effect, outlining the major causes as well as the methods of coping with the Bull-Whip Effect.
As warehousing becomes more complex, there is a need to automate all processes to align them with automation already taking place in supply chain management (SCM). Modern Warehouse Management System can help.
Read more from here.
#mrpeasy #manufacturing #manufacturingsoftware #supplychainmanagement #warehousemanagement #mrpsoftware #mrpsystem #erpsystem
Frontline WMS provides the ability to use SAP's warehouse management capabilities from ruggedised, handheld barcode scanners for booking-in, picking, delivering and doing stock
transfers. http://www.frontline-consultancy.com/page/SAP+Business+One/Industry+Specific+Solutions/Warehouse+Management
In recent times, When brands are moving to the D2C (Direct to customer) method of selling over traditional long supply chain method, and sooner they started understanding that running an eCommerce business is a quite challenging job as there is tough competition in the market as well as there are different management methods needed to be implemented to succeed. Every online retailer is trying to serve the customer as fast as possible.
The recipe for e-commerce growth-increase sales through effective inventory m...Bahcesehir University
Small retailers are looking to grow drastically in their early stages. That’s why they can’t afford to lose customers or damage their brand. These problems are mostly caused by defects in inventory management. With proper inventory management, they can avoid missing sales opportunities or overselling a product that would decrease their customer service level and eventually damage their brand.
Are you looking for a comprehensive guide that can help you in selecting which type of software is needed for your business process to function efficiently? Have a glance on this presentation to know about Enterprise Resource Planning (ERP) software and Warehouse Management Solution (WMS) software with an in–depth detailing about the differences, usability and applicability of both the solutions.
A warehouse management system (WMS) is a software application that supports the day-to-day operations in a warehouse. WMS programs enable centralized management of tasks such as tracking inventory levels and stock locations.
Exciting news for businesses everywhere! The use of custom web-based inventory management systems is on the rise. Now let go to clunky, outdated software and hello to streamlined operations and increased efficiency.
The finance and accounting module is the most important ERP module because it allows businesses to understand their current financial state and future outlook.
Key features of this module include tracking accounts payable (AP) and accounts receivable (AR) and managing the general ledger.
It also creates and stores crucial financial documents like balance sheets, payment receipts and tax statements.
The financial management module can automate tasks related to billing, vendor payments, cash management and account reconciliation, helping the accounting department close the books in a timely manner and comply with current revenue recognition standards.
process of buying an item in online store how it cuts across various function...Ankith kumar Darak
Product cut across the following functional lines
1)Marketing and sales (M/S)
2)Supply Chain Management (SCM)
3)Accounting and Finance (A/F)
Each of these areas is composed of many business functions which are activities specific to that functional area of operation.
*An ERP cloud allows handling updates, maintenance, user support and easy to access information across devices.
Any business has always needed to have warehousing. Automation is the future of warehousing, and businesses of all sizes are looking for new ways to improve their supply chains. Warehousing plays a crucial role throughout the whole supply chain, from the moment a product enters the production process to the moment it is finally delivered to the client.
Learn Why Inventory Management System is Critical for an eCommerce BusinessMagento India
If you focus on the best technology practices like Multi-warehouse management solutions it can help in running your business. It is highly crucial to make the right technology choices that can grow your business. A robust & secure inventory management system will save money, and time, and focus on customer service. You can explore the list of eCommerce development services, or check out our portfolio to ensure great support. Send us your query to connect about how we can help your eCommerce store grow. Read more at: https://bit.ly/3GdyCss
Inventory Management: How Incremental Improvements Drive Big GainsCognizant
By feeding social and mobile data into planning systems and overlaying analytics, manufacturers and retailers can reduce inventory waste and more precisely target customers.
Similar to Four ways-a-wms-delivers-greater-roi sc-execution-warehouse-mgmt (20)
Adjusting primitives for graph : SHORT REPORT / NOTESSubhajit Sahu
Graph algorithms, like PageRank Compressed Sparse Row (CSR) is an adjacency-list based graph representation that is
Multiply with different modes (map)
1. Performance of sequential execution based vs OpenMP based vector multiply.
2. Comparing various launch configs for CUDA based vector multiply.
Sum with different storage types (reduce)
1. Performance of vector element sum using float vs bfloat16 as the storage type.
Sum with different modes (reduce)
1. Performance of sequential execution based vs OpenMP based vector element sum.
2. Performance of memcpy vs in-place based CUDA based vector element sum.
3. Comparing various launch configs for CUDA based vector element sum (memcpy).
4. Comparing various launch configs for CUDA based vector element sum (in-place).
Sum with in-place strategies of CUDA mode (reduce)
1. Comparing various launch configs for CUDA based vector element sum (in-place).
StarCompliance is a leading firm specializing in the recovery of stolen cryptocurrency. Our comprehensive services are designed to assist individuals and organizations in navigating the complex process of fraud reporting, investigation, and fund recovery. We combine cutting-edge technology with expert legal support to provide a robust solution for victims of crypto theft.
Our Services Include:
Reporting to Tracking Authorities:
We immediately notify all relevant centralized exchanges (CEX), decentralized exchanges (DEX), and wallet providers about the stolen cryptocurrency. This ensures that the stolen assets are flagged as scam transactions, making it impossible for the thief to use them.
Assistance with Filing Police Reports:
We guide you through the process of filing a valid police report. Our support team provides detailed instructions on which police department to contact and helps you complete the necessary paperwork within the critical 72-hour window.
Launching the Refund Process:
Our team of experienced lawyers can initiate lawsuits on your behalf and represent you in various jurisdictions around the world. They work diligently to recover your stolen funds and ensure that justice is served.
At StarCompliance, we understand the urgency and stress involved in dealing with cryptocurrency theft. Our dedicated team works quickly and efficiently to provide you with the support and expertise needed to recover your assets. Trust us to be your partner in navigating the complexities of the crypto world and safeguarding your investments.
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Empowering the Data Analytics Ecosystem: A Laser Focus on Value
The data analytics ecosystem thrives when every component functions at its peak, unlocking the true potential of data. Here's a laser focus on key areas for an empowered ecosystem:
1. Democratize Access, Not Data:
Granular Access Controls: Provide users with self-service tools tailored to their specific needs, preventing data overload and misuse.
Data Catalogs: Implement robust data catalogs for easy discovery and understanding of available data sources.
2. Foster Collaboration with Clear Roles:
Data Mesh Architecture: Break down data silos by creating a distributed data ownership model with clear ownership and responsibilities.
Collaborative Workspaces: Utilize interactive platforms where data scientists, analysts, and domain experts can work seamlessly together.
3. Leverage Advanced Analytics Strategically:
AI-powered Automation: Automate repetitive tasks like data cleaning and feature engineering, freeing up data talent for higher-level analysis.
Right-Tool Selection: Strategically choose the most effective advanced analytics techniques (e.g., AI, ML) based on specific business problems.
4. Prioritize Data Quality with Automation:
Automated Data Validation: Implement automated data quality checks to identify and rectify errors at the source, minimizing downstream issues.
Data Lineage Tracking: Track the flow of data throughout the ecosystem, ensuring transparency and facilitating root cause analysis for errors.
5. Cultivate a Data-Driven Mindset:
Metrics-Driven Performance Management: Align KPIs and performance metrics with data-driven insights to ensure actionable decision making.
Data Storytelling Workshops: Equip stakeholders with the skills to translate complex data findings into compelling narratives that drive action.
Benefits of a Precise Ecosystem:
Sharpened Focus: Precise access and clear roles ensure everyone works with the most relevant data, maximizing efficiency.
Actionable Insights: Strategic analytics and automated quality checks lead to more reliable and actionable data insights.
Continuous Improvement: Data-driven performance management fosters a culture of learning and continuous improvement.
Sustainable Growth: Empowered by data, organizations can make informed decisions to drive sustainable growth and innovation.
By focusing on these precise actions, organizations can create an empowered data analytics ecosystem that delivers real value by driving data-driven decisions and maximizing the return on their data investment.
As Europe's leading economic powerhouse and the fourth-largest hashtag#economy globally, Germany stands at the forefront of innovation and industrial might. Renowned for its precision engineering and high-tech sectors, Germany's economic structure is heavily supported by a robust service industry, accounting for approximately 68% of its GDP. This economic clout and strategic geopolitical stance position Germany as a focal point in the global cyber threat landscape.
In the face of escalating global tensions, particularly those emanating from geopolitical disputes with nations like hashtag#Russia and hashtag#China, hashtag#Germany has witnessed a significant uptick in targeted cyber operations. Our analysis indicates a marked increase in hashtag#cyberattack sophistication aimed at critical infrastructure and key industrial sectors. These attacks range from ransomware campaigns to hashtag#AdvancedPersistentThreats (hashtag#APTs), threatening national security and business integrity.
🔑 Key findings include:
🔍 Increased frequency and complexity of cyber threats.
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Techniques to optimize the pagerank algorithm usually fall in two categories. One is to try reducing the work per iteration, and the other is to try reducing the number of iterations. These goals are often at odds with one another. Skipping computation on vertices which have already converged has the potential to save iteration time. Skipping in-identical vertices, with the same in-links, helps reduce duplicate computations and thus could help reduce iteration time. Road networks often have chains which can be short-circuited before pagerank computation to improve performance. Final ranks of chain nodes can be easily calculated. This could reduce both the iteration time, and the number of iterations. If a graph has no dangling nodes, pagerank of each strongly connected component can be computed in topological order. This could help reduce the iteration time, no. of iterations, and also enable multi-iteration concurrency in pagerank computation. The combination of all of the above methods is the STICD algorithm. [sticd] For dynamic graphs, unchanged components whose ranks are unaffected can be skipped altogether.
Algorithmic optimizations for Dynamic Levelwise PageRank (from STICD) : SHORT...
Four ways-a-wms-delivers-greater-roi sc-execution-warehouse-mgmt
1. Manufacturing & Distribution
Four ways a warehouse
management system delivers
greater ROI than an ERP
system alone
The goal of warehouse operations is perfect order fulfillment: to deliver exactly the items a customer ordered,
on time and with optimal efficiency. The warehouse module of an enterprise resource planning (ERP) solution can
help smaller warehouses achieve this goal. But ERP warehouse modules have limitations that can make it smarter
for companies with more complex operations to turn to the added capabilities of an advanced warehouse
management system (WMS).
By the end of 2017, IDC predicts that “the need for visibility, scalability, and flexibility across the value chain will
drive 60% of manufacturers to invest in cloud-based WMS and transportation management system (TMS) solutions
aligned to their trade partner networks.”1
What’s behind this trend? How does a WMS enable greater order accuracy, productivity, and ROI in ways that a
typical ERP warehouse module does not support? There are four key areas to explore. Let’s take a closer look.
2. Manufacturing & Distribution Industry Perspectives
3 Boost productivity and reduce
cycle time
4 Improve accuracy with more
detailed control
5 Increase profit with value-added
services
6 Enhance supply chain results
through deeper visibility
7 Boosting dispatches 25% with
a WMS
8 Optimize across the supply chain
Table of Contents
3. 3Manufacturing & Distribution Industry Perspectives
1. Boost productivity and reduce cycle time
Throughout a warehouse cycle, from planning to
receiving, from putaway to picking and shipping, an
advanced WMS has capabilities that boost
productivity and reduce cycle time, when compared to
an ERP warehouse module. A WMS allows warehouse
teams to:
Plan and estimate needs better—A WMS keeps a
record of each item in the warehouse, along with who
moved it and the time involved. This historical data
makes it possible for executives to measure, simulate,
and monitor tasks, which can lead to more effective
planning. How much time and how many employees
will be needed for a given task? A WMS can provide
estimates that use travel speed configuration and a
labor plan based on averages or historical actuals. In
addition, it can dynamically monitor staff performance
against engineered labor standards. Most ERP
warehouse modules lack these capabilities.
Optimize space—When inventory arrives, an ERP
warehouse module can assign pick locations, but an
advanced WMS can automatically take into account
user-configurable putaway rules about each product,
and recommend optimized pick and bulk storage
locations. This helps companies better utilize precious
warehouse space.
Improve picking flow—Consider a key difference in
productivity: An ERP warehouse module generates
pick orders in batches with no real-time optimization.
Pickers execute one order at a time and may have to
visit the same location multiple times.
By contrast, a WMS can calculate optimum pick order
and the shortest path for workers in real time, allowing
pickers to visit each location only once. It can
simultaneously manage different types of picking
zones in the warehouse, including bulk, case, piece,
batch, and wave picking, to optimize productivity.
Cut travel time by up to 40%—Unlike an ERP system,
a WMS compiles records of each item’s movement,
and can analyze historical data, which can bring about
dramatic savings. A distributor of restaurant supplies,
for instance, determined its fastest-moving SKUs from
order data and then strategically re-arranged its
picking locations to reduce travel within its warehouse
by 40%.
A WMS can speed picking and fulfillment in other
ways. One distributor with 100 sites achieved a 25%
higher dispatch volume the first month with a WMS.
Another achieved a 40% increase in units sent the
first week. Another warehouse customer reduced
labor costs by a third—from 3% to 2% of revenue,
even while sales increased 30%.
A distributor used a WMS
to optimize picking locations,
reducing travel
time 40%.
4. 4Manufacturing & Distribution Industry Perspectives
2. Improve accuracy with more detailed control
A WMS offers greater visibility and control over more
details than an ERP system; as a result, warehouse
teams can improve order accuracy and efficiency.
Track in greater detail—An ERP system keeps track
of total quantities of a stock item in and out of the
warehouse, but a WMS can provide quantities of the
item at each bin or location level, along with status
details, such as how many of the items are in
receiving, stored correctly, picked, and dispatched.
The richer detail in a WMS enables cross-docking.
When backordered items arrive and get scanned, a
WMS can automatically re-route them directly to
outbound trucks or rail cars, speeding fulfillment,
increasing customer satisfaction, and eliminating the
need for storage.
Optimize order accuracy—A WMS can include
hands-free voice technology that lets workers operate
free of cumbersome lists, labels, and scanners. They
can speak into their headset to confirm the last few
digits of an item’s code as they pick it, while the
system checks and logs their work to minimize errors.
According to voicepicking.com, voice-enabled order
picking can result in an accuracy rate of 99.9% (one
error in a thousand picks), as well as a productivity
improvement of 20%. In addition, a WMS can easily
track performance in real time to manage incentives,
and it can be a coach, using voice-enabled
technology to inform workers about their progress in
meeting benchmarks.
Reduce waste—Because a WMS tracks detail such as
expiration dates, it can support proper rotation of
products and enforce principles such as first in, first
out (FIFO) and first expire, first out (FEFO). This helps
minimize obsolete and expired product.
Integrate to streamline processes—A WMS allows
warehouse teams to connect with, manage, and
orchestrate equipment such as scales, scanners,
counters, and RFID in real-time, using these devices to
streamline and optimize workflow. A WMS can also
integrate with systems from third-party logistics
providers (3PLs) to help ensure that billing and
documentation get where they need to be. For
example, if a pair of shoes needs to arrive with an
invoice, it will be in the box.
Many other kinds of gains are possible, causing more
than half of respondents to the Modern Materials
Handling 2015 Software Buyers Survey to indicate
that they plan to buy new WMS software. Their stated
objectives include improving inventory deployment
(36%) and gaining real-time control (34%).
Efficiency is key for optimal warehouse performance.
A benchmarking survey from the American
Productivity and Quality Center (APQC) noted that
top-performing organizations spend $14 less per
$1,000 of revenue to operate their warehouses than
bottom performers. For an organization with $5 billion
in revenue, that translates to a savings of over $71.8
million per year.
Voice-enabled order picking can result in an
accuracy rate
of 99.9%.
5. 5Manufacturing & Distribution Industry Perspectives
3. Increase profit with value-added services
Value-added services such as light manufacturing,
assembly, and kitting and bundling, can offer
substantial new revenue streams. According to
Statista.com, fee-based, value-added warehousing
and distribution revenue in North America grew 53%
between 2007 and 2015, and now totals $49 billion
annually.
However, offering these services in a warehouse
quickly complicates inventory control. An advanced
WMS has functionality that can handle the challenges,
while most ERP warehouse modules cannot. A WMS
can support a wide variety of value-added services in
different industries:
Electronics distributors can use a WMS to assemble
small parts into kits that reduce handling, or organize
different production runs to meet retailer-specific
configurations.
Fashion distributors can use a WMS to manage SKUs
by attributes such as style, color, size, and fit. A WMS
can help a distributor to build ratio packs that combine
the required mix of sizes (2XS, 4S, 5M, 5L, etc.) for a
given item.
Cold storage services can use a WMS to drive
business rules—such as automatically managing the
right amount of blast freezer dwell time depending on
a shipment’s temperature. A WMS can also perform
services such as capturing summary weight by pallet,
and recording the variable weight of individual units
automatically.
Consumer packaged goods and food &
beverage distributors can use a WMS to offer services
managing customer-specific shelf-life days, and
automatic holds for QA testing, settling, and
bottle-aging.
Automotive distributors can use a WMS to support
services such as quality control, finishing, and
pre-processing. Many automotive manufacturers
require that parts arrive just-in-time and in the proper
build order, and a WMS can enable this through
sequencing and Kanban delivery.
A WMS has additional capabilities that simplify the
complexity of value-added services. It can combine
different orders into one big box if required, or
postpone the labeling and final assembly of products
until customer orders are received, lowering the
inventory footprint of finished goods.
Because a WMS can track work for each client, and
because it knows who performed the work, how long
it took, and what materials have been consumed, it
can provide detailed accountability when value-added
services are invoiced. By supporting new sources of
revenue, a WMS can help turn a warehouse into a true
fulfillment center.
Ruby
CMYK: 10, 100, 100, 2
CMYK Color Palette
Graphite
CMYK: 25, 18, 12, 55
Coral
CMYK: 0, 65, 100, 0
Amber
CMYK: 0, 38, 100, 0
Citrine
CMYK: 2, 10, 100, 0
Jade
CMYK: 42, 0, 100, 0
Emerald
CMYK: 60, 0, 95, 0
Ruby
Light: 10, 100, 100, 2
Dark: 10, 100, 100, 22
Graphite
Light: 25, 18, 12, 55
Dark: 25, 18, 12, 75
Coral
Light: 0, 65, 100, 0
Dark: 0, 65, 100, 20
Amber
Light: 0, 38, 100, 0
Dark: 0, 65, 100, 0
Citrine
Light: 2, 10, 100, 0
Dark: 0, 38, 100, 0
Jade
Light: 42, 0, 100, 0
Dark: 60, 0, 95, 0
Emerald
Light: 60, 0, 95, 0
Turquoise
Light: 71, 0, 48, 0
Dark: 71, 0, 48, 20
Topaz
Light: 61, 0, 0, 0
Dark: 75, 20, 0, 0
Azure
Light: 75, 20, 0, 0
Dark: 95, 45, 0, 0
Cobalt
Light: 95, 45, 0, 0
Dark: 87, 70, 0, 0
Sapphire
Light: 87, 70, 0, 0
Dark: 87, 70, 0, 20
Amethyst
Light: 67, 90, 0, 0
Dark: 67, 90, 0, 20
Tourmaline
Light: 4, 94, 46, 0
Turquoise
CMYK: 71, 0, 48, 0
Topaz
CMYK: 61, 0, 0, 0
Azure
CMYK: 75, 20, 0, 0
Cobalt
CMYK: 95, 45, 0, 0
Sapphire
CMYK: 87, 70, 0, 0
Amethyst
CMYK: 67, 90, 0, 0
Tourmaline
CMYK: 4, 94, 46, 0
6. 6Manufacturing & Distribution Industry Perspectives
4. Enhance supply chain results through deeper visibility
Most ERP warehouse modules focus on efficiencies
within an organization’s four walls, while a WMS can
offer a broader view of the entire supply chain. This
enhances results by providing increased visibility in
many areas:
Upstream and downstream supply chain
partners can get real-time, proactive alerts as a WMS
monitors transactions against user-defined rules for
exceptions, issues, and opportunities. If inventory is
running low or a date moves, partners will know it. The
alerts help minimize problems.
Companies that have multiple warehouses benefit
because managers can use a WMS to research
inventory in remote facilities and decide whether to
transfer inventory instead of buying additional
quantities. This helps minimize costs.
Visibility into multiple locations can also maximize
profit, as it did for a leading US-based department
store. As an Accenture report explains, this retailer
was able to fulfill a last-minute, late-season, multi-unit
order by sweeping the last units of inventory from
multiple stores. “The consumer received all units of
the product at the right price and at the right time,
while the retailer was able to maximize its margin by
clearing out store inventory without resorting to
markdowns,” notes the report.
Customers can use a WMS to generate real-time
reporting, viewing what’s in or out of stock, and how
soon they will receive their goods.
Managers can see accurate details on demand
without having to gather them first by communicating
with other teams, departments, or partners. They can
use mobile devices connected over the cloud to see
reports, guide labor operations, and answer customer
queries from anywhere.
The end-to-end view of a supply chain that an
advanced WMS can provide is critical for staying
competitive. The Aberdeen Group studied distribution
centers in 91 companies and noted that “80% of
top-performing firms are moving to cloud-based
visibility, and more event-driven warehouse and
transportation management. They provide a
customer-connected, single version of the truth;
seamless and unified across channels, customers,
costs, and activities. In addition, the leaders are
providing tailored yet secure cloud-based views and
interoperability to internal and external stakeholders.”2
80% of top-performing firms are moving to
cloud-based
warehouse
management.
7. 7Manufacturing & Distribution Industry Perspectives
Grupo Gollo, a Central American distributor with more
than 100 sites, implemented warehouse management
software to achieve:
■ 25% higher dispatch volume in one month
■ 45% lower order preparation time
■ 35% boost in customer satisfaction
“Currently the success of our company is based on
high inventory rotation, with exact availability and
products duly dispatched according to customer
needs,” says the company’s logistics manager.
See more details here.
Boosting dispatches 25% with a WMS