| Intelligent Cross Docking, Drop Shipping and Just-In-Time Distribution Solutions |
| 4/12/2013 |
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Warehouse operations consist of receiving, stocking, picking, and shipping of items. Generally, the storage and picking procedures comprise the majority of costs involved due to the labor involved in execution. From a distribution management viewpoint, implementing the lean principles inherent in cross docking, drop shipping, and Just-In-Time (JIT) strategies generates the ability to substantially reduce holding costs and improve customer service, increasing the efficiency of these labor intensive processes.
To understand how intelligent cross docking can improve inventory and production processes, companies must understand the differences between traditional stocking and shipping and applicable types of cross docking. It is very important to recognize the supply chain processes required to successfully implement cross docking. |
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| Balancing Carrying Costs against Order Fill Rates |
| 4/10/2013 |
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| Operating a discrete manufacturing facility efficiently requires vigilant attention to supply chain procedures to protect and maximize margins. Discovering ways to streamline production processes and reduce inventory carrying costs must be a top priority in to achieve financial goals and profitable, sustainable growth.
Therefore, understanding the four major components of inventory carrying costs and how to diminish their impact on company resources can expose problem areas within the supply chain. |
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