Learn how drones in logistics is likely to be the possibility of full-cycle counts done daily - with deployments of dozens of drones for DCs in parallel.
How to evaluate Return On Investment in drones for inventory countRaman Kataria
Learn how the investment in autonomous drone fleets will create business value in a reasonable amount of time, with minimal technical and operational risk.
How to evaluate Return On Investment in drones for inventory countRaman Kataria
Learn how the investment in autonomous drone fleets will create business value in a reasonable amount of time, with minimal technical and operational risk.
Americans’ spending habits are shifting dramatically, with
an increasing number of consumers supplementing brickand-
mortar retail store visits with more frequent comparison
shopping—and buying—online via desktops, laptops, smart
phones and tablets.
According to the Census Bureau of the U.S. Department of
Commerce, e-commerce spending in the first quarter of 2017
reached $105.7 billion—a 4.1% increase over the fourth quarter
of 2016, when shoppers spent $102.7 billion online in the peak
holiday season. That figure also represents a 14.7% increase
over first quarter 2016, and 8.5% of total retail sales.
Impact of cloud computing on asset & inventory management 5 facts you shouldn...JordanSmith555989
Businesses involved in asset and inventory management such as wholesalers, manufacturers, and retailers need to pull up their socks and ensure that they are deploying a scalable, robust, and tech-centric platform for monitoring their assets, and the flow of inventory.
Visit: https://www.techaheadcorp.com/blog/impact-of-cloud-computing-on-asset-inventory-management-5-facts-you-shouldnt-ignore/
Periodic vs. perpetual inventory system in modern manufacturingMRPeasy
Although a periodic inventory system might seem clear-cut and foolproof at first glance, its disadvantages may outweigh the benefits. Perpetual inventory systems, however, are already becoming mainstream.
Read more from our latest blog post:
#erpsoftware #inventorycontrol #inventorymanagement #manufacturingerp #manufacturingsoftware #mrpsoftware #periodicinventory #perpetualinventory #mrpeasy #mrpsystem #erpsystem
How RFID is Helping Retailers See Labor Differently in the New Era of Omnicha...jerianasmith
"SML is a leading technology provider for this New Era in Retailing. As the full-service RFID solution provider and trusted
partner to the world's largest retailers and fashion brands, delivering proven results and rapid ROI's. SML offers the industry a broad spectrum of cost-effective high performance certified RFID Inspire™ tags and a global network of encoding solutions to enterprise-class RFID software Clarity® for retail stores throughout the supply chain."
How RFID is Helping Retailers See Labor Differently in the New Era of Omnicha...Jacklin Berry
"SML is a leading technology provider for this New Era in Retailing. As the full-service RFID solution provider and trusted
partner to the world's largest retailers and fashion brands, delivering proven results and rapid ROI's. SML offers the industry a broad spectrum of cost-effective high performance certified RFID Inspire™ tags and a global network of encoding solutions to enterprise-class RFID software Clarity® for retail stores throughout the supply chain."
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.
Drones In Warehousing: 10 success factors to considerRaman Kataria
Following best-practices will accelerate the success of drone adoption for warehouse applications and help you understand more about drones in warehousing.
More Related Content
Similar to Impact of drones in logistics & distribution center
Americans’ spending habits are shifting dramatically, with
an increasing number of consumers supplementing brickand-
mortar retail store visits with more frequent comparison
shopping—and buying—online via desktops, laptops, smart
phones and tablets.
According to the Census Bureau of the U.S. Department of
Commerce, e-commerce spending in the first quarter of 2017
reached $105.7 billion—a 4.1% increase over the fourth quarter
of 2016, when shoppers spent $102.7 billion online in the peak
holiday season. That figure also represents a 14.7% increase
over first quarter 2016, and 8.5% of total retail sales.
Impact of cloud computing on asset & inventory management 5 facts you shouldn...JordanSmith555989
Businesses involved in asset and inventory management such as wholesalers, manufacturers, and retailers need to pull up their socks and ensure that they are deploying a scalable, robust, and tech-centric platform for monitoring their assets, and the flow of inventory.
Visit: https://www.techaheadcorp.com/blog/impact-of-cloud-computing-on-asset-inventory-management-5-facts-you-shouldnt-ignore/
Periodic vs. perpetual inventory system in modern manufacturingMRPeasy
Although a periodic inventory system might seem clear-cut and foolproof at first glance, its disadvantages may outweigh the benefits. Perpetual inventory systems, however, are already becoming mainstream.
Read more from our latest blog post:
#erpsoftware #inventorycontrol #inventorymanagement #manufacturingerp #manufacturingsoftware #mrpsoftware #periodicinventory #perpetualinventory #mrpeasy #mrpsystem #erpsystem
How RFID is Helping Retailers See Labor Differently in the New Era of Omnicha...jerianasmith
"SML is a leading technology provider for this New Era in Retailing. As the full-service RFID solution provider and trusted
partner to the world's largest retailers and fashion brands, delivering proven results and rapid ROI's. SML offers the industry a broad spectrum of cost-effective high performance certified RFID Inspire™ tags and a global network of encoding solutions to enterprise-class RFID software Clarity® for retail stores throughout the supply chain."
How RFID is Helping Retailers See Labor Differently in the New Era of Omnicha...Jacklin Berry
"SML is a leading technology provider for this New Era in Retailing. As the full-service RFID solution provider and trusted
partner to the world's largest retailers and fashion brands, delivering proven results and rapid ROI's. SML offers the industry a broad spectrum of cost-effective high performance certified RFID Inspire™ tags and a global network of encoding solutions to enterprise-class RFID software Clarity® for retail stores throughout the supply chain."
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.
Drones In Warehousing: 10 success factors to considerRaman Kataria
Following best-practices will accelerate the success of drone adoption for warehouse applications and help you understand more about drones in warehousing.
With the trial of the FlytWare solution, IAG Cargo is able to understand the benefits, pitfalls and future applicability of autonomous drone technology.
Fully autonomous aerial scans of warehouse bulk storageRaman Kataria
Use Fully Autonomous Drones for Automatic Stock Takes of Pallet, Appliance, Beverage Inventory in Bulk Storage Bays in Big Warehouses & Distribution Centers
Fully autonomous aerial scans of case reserve stockRaman Kataria
Use Fully Autonomous Drones for Automatic Stock Takes of Pallet, Appliance, Beverage Inventory in Bulk Storage Bays in Big Warehouses & Distribution Centers
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Let's dive deeper into the world of ODC! Ricardo Alves (OutSystems) will join us to tell all about the new Data Fabric. After that, Sezen de Bruijn (OutSystems) will get into the details on how to best design a sturdy architecture within ODC.
PHP Frameworks: I want to break free (IPC Berlin 2024)Ralf Eggert
In this presentation, we examine the challenges and limitations of relying too heavily on PHP frameworks in web development. We discuss the history of PHP and its frameworks to understand how this dependence has evolved. The focus will be on providing concrete tips and strategies to reduce reliance on these frameworks, based on real-world examples and practical considerations. The goal is to equip developers with the skills and knowledge to create more flexible and future-proof web applications. We'll explore the importance of maintaining autonomy in a rapidly changing tech landscape and how to make informed decisions in PHP development.
This talk is aimed at encouraging a more independent approach to using PHP frameworks, moving towards a more flexible and future-proof approach to PHP development.
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Tobias Schneck
As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other?
Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
Search and Society: Reimagining Information Access for Radical FuturesBhaskar Mitra
The field of Information retrieval (IR) is currently undergoing a transformative shift, at least partly due to the emerging applications of generative AI to information access. In this talk, we will deliberate on the sociotechnical implications of generative AI for information access. We will argue that there is both a critical necessity and an exciting opportunity for the IR community to re-center our research agendas on societal needs while dismantling the artificial separation between the work on fairness, accountability, transparency, and ethics in IR and the rest of IR research. Instead of adopting a reactionary strategy of trying to mitigate potential social harms from emerging technologies, the community should aim to proactively set the research agenda for the kinds of systems we should build inspired by diverse explicitly stated sociotechnical imaginaries. The sociotechnical imaginaries that underpin the design and development of information access technologies needs to be explicitly articulated, and we need to develop theories of change in context of these diverse perspectives. Our guiding future imaginaries must be informed by other academic fields, such as democratic theory and critical theory, and should be co-developed with social science scholars, legal scholars, civil rights and social justice activists, and artists, among others.
2. Real estate and labor – these are, by far, the top sources of expenditure
incurred by distribution centers, warehouses and similar facilities. Both are
closely tied to inventory management – the bigger the business, the larger the
DC, and the more the number of people required to deal with inventory
operations. With the ever-increasing velocity of supply chain, and relentless
need for higher operational efficiency, technology plays a central role in
helping DC stakeholders optimize their real estate and labor investments.
Whether it is specialized equipment that can navigate very narrow aisles or
autonomous vehicles that allow human labor to be freed up for higher-value
activities, automation is playing a central role in the disruption of the supply
chain industry, including drones for logistics. Inventory counts are part of this
journey – and one of the keys to the successful digital transformation of DC
operations.
While it’s a fond hope that the most advanced warehouse automation
technologies will make cycle counts redundant one day, the reality is that 90%
of distribution centers today have to do random and/or full cycle counts ever
so often – or risk shrinkage, stockouts, customer dissatisfaction and loss of
market share. The danger of not counting distribution center inventory
frequently enough is the compounding of the error in inventory records stored
in the warehouse management system.
Imagine a DC housed over a million square feet. On average, 40% of the area
is likely to be racked. That’s 400,000 sq ft of racks, meant to store full pallets,
partials and individual cartons. As real estate becomes expensive, more and
more of the aisles in this area will change from traditional (i.e. 10 to 12 feet
wide) to VNA (i.e. 6 feet wide or less). Similarly, the rack heights will grow from
25 feet to nearly 40 feet. Assuming standard bays (~ 10 feet in length), aisle
How Cycle Counts Help Match Digital Twins to Reality
Full Counts Too Expensive? But Are Random Counts Enough?
flytware.com
3. length averaging 200 ft and six-high racking, this works out to over 100 aisles
(over 200 racks) and over 10,000 locations.
Even if all 10,000 locations had full pallets with just one location identifier and
one barcode to be scanned, it would take over 100 man-hours to do a full
cycle count. In reality, many of these locations may have individual items with
front-facing barcodes and thus dozens of barcodes to be scanned for each
location. Thus, a full cycle count could take ten times as many man-hours.
That’s 4 people working in 1 shift for an entire month – an expensive,
time-consuming exercise! No wonder inventory stakeholders have made
peace with random cycle counts – with single-digit percentage of inventory
being counted and used to statistically arrive at an ‘equivalent’ full count.
flytware.com
4. To improve the accuracy of random cycle counts, data collected over time is
analyzed by warehouse management systems to inform which locations
should be counted, how often and when, based on location inaccuracies
observed in the past. Each day, each cycle counter is automatically assigned
a set of tasks by the WMS – the data thus manually collected is fed back into
the WMS to match the ‘digital twin’ to its real-world counterpart. Of course,
climbing ladders, using forklifts to scan barcodes 30 feet in the air, and
stretching arms to ensure that each barcode is correctly scanned remains
the ugly reality of manual inventory counts.
While inventory audits may not be mandatory to private (i.e. unlisted)
companies, those in the 3rd party logistics (3PL) business do have service level
agreements (SLAs) with their customers that are subject to internal and/or
external audits. The business driver here is not financial regulation but the
importance of inventory accuracy to the 3PL customer – who is relying on
data from each 3PL facility to inform their supply chain and ensure the
Quarter-end and year-end inventory audits are a way of life for GMs of
distribution centers owned by listed companies. Financial regulations require
that the entire inventory be accurately accounted for so that the
corresponding line item on the company’s balance sheet is correctly reported
in the tax filings. These inventory audits tend to be resource-intensive; besides
the full-time resources involved in daily inventory counts, an army of part-time
and/or over-time staff is brought in, so that the entire distribution center
inventory can be counted in a relatively short period of time.
In fact, the less the frequency of regular cycle counts, the more challenging is
the audit count, since there are likely to be more and larger discrepancies
between what’s on the shelf and what’s in the warehouse management
system. These audits have a much bigger impact than just the time & money
involved in the labor and equipment, viz.
Inventory Audits Are A Must, No Matter How Long They Take!
Customer SLAs Are Sacrosanct for 3PL Providers
The entire facility might have to be shutdown, thus harming fulfillment
metrics and resulting in loss of revenue,
Theft, misplaced inventory, loss of perishable goods, etc. all will raise
auditor concerns that require immediate resolution – further delaying
the shut-down,
The inherent lack of accuracy & repeatability of such laborious tasks –
combined with the lack of traceability of manual counts – may hinder
the resolution of audit queries.
flytware.com
5. satisfaction of the end customers. The direct revenue impact from timely
order fulfillment – or lack thereof – makes inventory-related SLAs an important
determinant of 3PL success.
The nature of 3PL business models dictates that 3PL customers have direct,
automated visibility into the inventory data at 3PL facilities – making manual
inventory counting increasingly ineffective. Ideally, customers want their own
IT systems to proactively trigger inventory searches, counts and SLA audits –
via the 3PL provider’s WMS or IT infrastructure.
It is but obvious that automated inventory counts – especially those that
leverage cost-effective, reliable, autonomous drones and intelligent
automation software – are bound to disrupt the way inventory is managed at
DCs. With the possibility of full-cycle counts much more frequently,
quarter-end and year-end audits will become far more manageable – that
too without the pain of hunting for over-time staff or shutting down the entire
facility. Drones and logistics are thus turning out to be an ideal match w.r.t the
promise of automation.
Drones used in logistics can do the inventory management tasks at-least 3X
(and possibly 10X for case reserve) faster than manual counts. Accessible
commercially via a SaaS model, such drone solutions tap into existing budget
allocations, with minimal capital investment – resulting in payback periods in
months, not years! In fact, the biggest advantage of drones in logistics is likely
to be the possibility of full-cycle counts done daily – with deployments of
dozens of drones for distribution centers in parallel.
—
The Time Is Ripe For Drones In Distribution Centers
flytware.com
6. flytware.com
ware
Streamline your DC inventory audits, and honor your 3PL customer SLAs, by
deploying drone solutions that come with live video feeds, date-wise image
archives, and location-wise barcode data.
Write to us at info@flytbase.com or schedule a call with the FlytWare team.