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Showing posts from June, 2020

Inventory Management Solutions

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Future of Warehouse Barcoding and Labelling The pace of change in the Warehousing and Logistics area seems to accelerate day by day. Clients continue to pursue new labels and signage solutions to help them address the dynamic requirement for improvements in Warehouse Management Systems (WMS), inventory management, and operational efficiency. E-commerce operators require up to four times more space for a warehouse than traditional warehouse users. That’s because of the large variety of products they handle and required to have them directly accessible.   Key Trends Are Impacting Barcoding And Labeling Today ? There’s been a huge increase in the Warehousing and Inventory volumes. Yesterday’s processes for managing warehouse and inventory as a result throughput is under pressure as Warehouse Management tries to keep pace with rising expectations for rapid order fulfillment and Supply chain solution. Today’s modern warehouses are automated, smart, and efficient, often employi

On Demand Warehousing: Solution to Growing Warehousing Cost

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On Demand Warehousing: Solution to Growing Warehousing Cost The present market report states that the warehouse space leasing has observed a growth rate of more than 70% on year between April 2018 and March 2020. This improvement in demand can be authorized to many factors like phenomenal growth rate of tech startups, make in India initiatives, technology advancement but E-commerce and GST implementation have by far the greatest impact. While the Goods and Services Tax (GST) has bought uniformity to the tax regime and simplified the logistic activities, growing E-commerce has increased the need for efficient and faster delivery.   But without the equivalent increase in supply chain (The current reports suggest that the demand has exceeded supply by over a million sq feet), the leasing cost may increase eventually. On Demand warehousing is turning out to be an effective practice to counter the less supply and high cost situation. In the traditional warehouse leasing practices

Warehousing and Logistics Services

Now, many large scale companies are turning to third party service providers (3PL) , third party logistics warehouse and fourth party logistics (4PL) providers to run their reverse logistics because they can provide the cost-efficiencies. This allows companies to focus on their core activities and business priorities. A Fourth Party Service Provider (4PL) company is a supply chain services provider that searches for the best supply chain management solutions for its client. To do this, companies outsources to various 3PL companies and logistics services provider companies use its own resources to provide better services to their clients.   The Supply Chain Management Professionals defines a Fourth Party Service Provider as an integrator that gathers the technology, capabilities, and resources of its own company and other company to design build and run comprehensive supply chain solutions. Oversee the customer’s entire supply chain the 4PL service providers are engaged as