Found in Robotics News & Content, with a score of 7.06
…The complementary solution is to ensure that the highest-selling inventory is easily accessible by placing it at the most accessible point. Seasonality in Demand Fluctuations in demand pose serious challenges for warehouse managers. The dip in sales due to the recent global financial crisis resulted in major cost problems for warehouses due to increased inventory levels. Although it did not affect all industries alike, the problem highlights the challenge of fluctuations in demand due to forces outside the control of the warehouse. Managing seasonality in demand requires timely and accurate information about manufacturing, retailing and the industry. Information gaps between…
Found in Robotics News & Content, with a score of 5.76
…chain operations, including: the majority (61%) of retailers used inventory to buffer against the disruption of COVID-19, adding that supply chain processes and systems were effective, but more than half (58%) of retailers said a high degree of manual intervention was required to respond to the fluctuation in demand and supply; workforce issues were dominant issues for retailers with 59% of warehouse and 48% store operatives being affected by quarantine or illness, which often resulted in the closure of online operations and the need to recruit temporary staff. retailers were polarized in their treatment of supplier payments, with 37% delaying…
Found in Robotics News & Content, with a score of 5.69
…features robot tasks management, combined order optimization and picking, inventory management, dynamic wave optimization, and adjustments of inventory layouts for maximum efficiency. Click here to see a video of Geek+ AMRs at work. About Conveyco Technologies Conveyco Technologies has been providing world class performance enhancements for order fulfillment, distribution centers and warehouse operations for over 40 years. Solutions and systems include autonomous mobile robots (AMRs), robotic picking, sortation, voice, pick-to-light, palletizing, AS/RS, automated case handling, dispensing, AGVs, WES, WMS and WCS software plus consulting and integration services. For more information, please visit: https://www.conveyco.com/ About Geek+ Geek+ is global technology company…
Found in Robotics News & Content, with a score of 3.04
…warehousing operations, this white paper reports 12 identified use cases of indoor drone applications in three different application areas: inventory management, indoor intra-logistics, and inspection & surveillance. Download Now! More Resources on Drones
Found in Robotics News & Content, with a score of 5.66
…speedier delivery, and WES helps to balance flow of inventory movements within the four walls, identify problems before they arise, better manage volume and velocity spikes through flexible user-defined business rules,” said Clements. When asked what the biggest benefits of this WES are for UPS customers, Clements said that it goes back to how labor shortages and manual operations are driving up costs for customers. “Smart Warehouse technologies augment our labor force to improve productivity and efficiency by decreasing error rates, providing cost effective and accurate fulfillment services,” he said. “That makes customers’ supply chains a competitive advantage.” In terms…
Found in Robotics News & Content, with a score of 4.06
…was recently highlighted in the media after marshaling its inventory of 3D printers to produce reusable respirator masks using the open-source design made available by the inventors of the Montana Mask. The response for masks has been overwhelming, which led USD to seek additional assistance from companies and individuals with 3D printers to help increase production to meet the large demand. The maker community answered the call, and this inspired Matt O'Brien, CEO of Unique Software Development, to conceptualize and launch MakerCause to create a movement to help fight COVID-19. “After receiving an outpouring of offers from makers to help…
Found in Robotics News & Content, with a score of 4.90
…buying patterns are sure to change. We’ll also see companies shift production back to the U.S., while also increasing inventory levels.
Found in Robotics News & Content, with a score of 13.25
…like sourcing and retaining labor, finding space for growing inventories and rising commercial real estate costs.” With consumers demanding a wide range of items for fast delivery, businesses must manage large inventories in close proximity to population centers for fast delivery. The unique high-lifting ability of the robotic reach truck helps operations maximize existing space and avoid costly new construction or expansion. The robotic reach truck also helps ease the strain on logistics operations to keep hiring and re-training workers for repetitive, turnover-prone positions. Since they are standard Yale lift trucks outfitted with robotic technology, the same personnel can service…
Found in Robotics News & Content, with a score of 5.70
…Easily scalable by adding robots, workstations or bin locations Increase in productivity and efficiency without adding labor Increase in inventory control and accuracy Increased capability to meet future business requirements Learn more about our goods-to-person integration services.
Found in Robotics News & Content, with a score of 6.78
…contract for at least a quarter.” Maintaining the Right Inventory Balance Companies that didn’t have good inventory management processes, to begin with, could quickly find themselves either struggling to keep up with demand (think toilet paper, surgical masks, and hand sanitizer) or overstocked on items that customers aren’t thinking about as they funnel energy into fighting the pandemic. “To guard against disruption, some retailers hold safety stock or excess raw materials,” Sourcing Journal states. “But amassing inputs or inventory puts them at risk for markdowns or lost investments if merchandise goes out of style or materials to deteriorate before they…
Found in Robotics News & Content, with a score of 3.76
…in 2024. While many ERP platforms include modules for inventory control and supply chain management, in light of the outbreak, many manufacturers will also turn to specialist providers. Larner adds, “Supply chain orchestration requires software to be more than a system of record and provide risk analysis and run simulations, enabling manufacturers to understand and prepare for supply chain shocks.” Industry 4.0 has received much attention; however, the focus has been on the activities inside the factory gates. “But investments in robotics or IoT sensors and the like assume that assembly lines receive a steady flow of raw materials. COVID-19…
Found in Robotics News & Content, with a score of 5.11
…to the next location and guiding them through the required tasks or steps to complete processes, such as picking, inventory replenishment, maintenance and repairs.