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Benefits of a Warehouse Management System

The days of managing inventory in warehouses with pen and paper have disappeared. In their place, warehouse management systems have risen to make managing inventory easier, and these systems provide tremendous benefits, explains Rick Register of Inbound Logistics. Let’s take a look at the top five benefits of a warehouse management system.

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AI and the IoT

Analysts predict that by 2020, 75% of new cars will feature IoT connectivity. The percentage increase describes consumer applications, but the idea of connected vehicles should garner interest from other sectors such as shipping, logistics, and transportation. Leaders in these industries would be wise to plan for a future where AI and the IoT transform transportation management.

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Supply Chain Technology Integration Thomasholmes Blog

The decision to bring new technology into your existing warehouse operation should not be taken lightly. Modern technology enables a whole new level of collaboration, efficiency and better operations. However, simply wiping out your existing systems, which can represent millions of dollars in past investments, is not the answer.

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transport management

For a Freight Forwarding Company, the benefits of TMS are endless. What is TMS, you ask? Well, Transport Management Systems are exactly what the name suggests! TMS helps companies manage the transportation operations of their business, and so it’s no wonder that these systems are making their way into the Freight industry.

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Slotting Optimization Technology

The days of re-slotting and warehouse at the time of its creation have ended. Today, warehouse managers face an endless battle with a growing number of products and limited storage capacity, and among distribution center managers, the challenge of warehouse slotting is even more difficult.

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Last Mile Automation

Imagine the scenario: consumer orders a product online, and to lower delivery is available in the area. Rather than just picking up the product at the nearest Amazon store or waiting for drones to drop off the package on the doorstep, and autonomous wagon, looking like a refrigerator on wheels, shows up and interacts with the consumer via smartphone.

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Warehouse Management Cost Savings

An effective warehouse management strategy can successfully reduce rework and drive warehouse management cost savings. However, poor decisions and assumptions can lead to the buildup of other inefficiencies, diminishing the value of your existing warehouse management strategy. To ensure your strategy tackles the right challenges and promotes profitability, it must be built on efficiency.