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Tag Archives: supply chain

Preventing Supply Chain Fraud with Asset Tracking Software

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Fraud takes on many forms as it silently creeps through the global supply chain in search of its next victim. Sometimes it starts with a supplier who falsifies labor expenses and exaggerates bills. Other times it’s an employee who pumps up his expense account or a contractor who promises kickbacks to an employee for using his services.  Increasingly, fraud is ... Read More »

Inventory Control: The First Step in Supply Chain Management

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The supply chain for any business involves everything from securing materials from a supplier to transporting a finished product to the customer. Most business owners aren’t involved in the day-to-day operations of their suppliers and transporters. To maintain efficiency throughout the supply chain process, businesses should first focus on inventory control. Inventory is the raw materials, work-in-progress goods and finished ... Read More »

Supply Chain Logistics: How They Keep the Lights on in Las Vegas

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Every year, more than 40 million people visit Las Vegas. Year-round hotel occupancy averages over 85 percent, and statewide gaming revenues exceeded $11 billion in 2014, according to the Gaming Control Board. With such a tremendous influx of tourists, how does the City of Lights keep everything powered on and flowing? Las Vegas Lighting Logistics One typical Las Vegas casino, ... Read More »

The 15 Supply Chain Metrics that Make or Break Warehouse Efficiency

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Maintaining an efficient warehouse means understanding the importance of your company’s supply chain – the sequence of processes involved in turning a customer’s order into a delivered product, from the procurement of raw materials to shipping and handling. Companies that are successfully doing this know that managing their supply chain and finding inefficiencies and opportunities for optimization is critical to ... Read More »

Manufacturers Want 3rd Party Logistics Partners, Not Suppliers

Like many service providers, 3rd party logistics providers (3PLs) face massive changes if they want to compete in the global marketplace. Manufacturers’ needs are changing as technologies, industries, and devices converge. Instead of fragmented services, supply chain companies require integrated solutions that support their business models. This shift is gaining traction as 3PLs expand across geographic regions and target new ... Read More »

2015: A Landmark Year for Manufacturers

2015 A Landmark Year for Manufacturers | System ID

Will 2015 be a landmark year for manufacturers? John Zegers, director of the Georgia Center of Innovation for Manufacturing—one of the world’s top technology incubators—believes it will be.  He outlined his top manufacturing predictions in a recent MFRTech article. As Zegers reminds us, manufacturers focus on these key areas when making operational decisions: Transportation and energy costs Market demand for ... Read More »

How to Achieve Supply Chain Visibility

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The jump to optimization outside of the four walls is challenging for manufacturers, which have traditionally been focused on reducing risk. Today, they can better predict the impact of an unexpected event and are turning their attention toward cost containment, now achievable through globally integrated supply chains. The road to supply chain visibility is lined with opportunity, yet most manufacturers ... Read More »

Big Data Brings Big Changes

big data brings big changes

This is the second of a two-part article that explains how the Internet of Things works and its impact on our personal and professional lives. Part Two demonstrates how big data will benefit manufacturing, healthcare, and retail operations. A huge volume of information that is too large to store and manage via traditional methods is known as big data. And ... Read More »

8 Ways Excel Fails at Inventory Management

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Tracking your company’s inventory with a spreadsheet is costing you big bucks. Logging inventory cycle counts with Microsoft Excel may seem like the most frugal approach. But in truth, it would be cheaper to buy an automated inventory management solution than to continue using your Excel spreadsheet. Why waste time and money? Consider these eight ways that inventory management via ... Read More »

Go Mobile and Reduce Warehouse Inventory System Costs

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Every manufacturer and wholesale distributor has a warehouse. And in every warehouse is a warehouse inventory system. It is the lifeline between the receiving, picking, packing, and shipping areas. A warehouse inventory system doesn’t just contain vital information about raw materials, products, and shipments. When automated and accessible via mobile computers, it can also integrate with your warehouse management system, ... Read More »