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Cross docking in inventory management and supply chain
Cross docking reduces the need to store products in a warehouse. It involves less material handing and inventory delivering products from a manufacturing plant directly to customers. This can happen with little or no material handling in between. In most cases, the products in inventory that have been sent from the manufacturing plant to the loading dock are allocated for outbound deliveries. Cross docking solutions in inventory allow different companies to ship to customers, meaning that
VMI: The benefits of the Vendor Managed Inventory
Vendor Managed Inventory (VMI) is a business model. Is a process where the vendor creates orders from information provided by their costumers. And the vendor takes full responsibility by an agreement between the customer and vendor for maintaining an inventory of the material, fill rates and costs. This arrangement can improve the supply chain performance by eliminating stock-out situations and reducing inventories. A third party logistics provider can also be involved. This happens to make
The Embedded 3PL Relationship: What it is and why is it important
For any partnership to work, it is vital that all sides are on the same page when it comes to goals, strategies and outcomes that want to be achieved. According to Dictionary.com, the word “embedded” means: To fix into a surrounding mass: to embed stones in cement. To surround tightly or firmly; envelop or enclose: Thick cotton padding embedded the precious vase in its box. To incorporate or contain as an essential part or characteristic: A love of color is embedded in all of her paintings. What is an Embedded 3PL Relationship? The true idea of an embedded Third Party Logistics relationship is the one where the 3PL gets to know the shippers’/customers’ engineers, manufacturing and supply chain experts to
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Cross docking in inventory management and supply chain
Cross docking reduces the need to store products in a warehouse. It involves less material handing and inventory delivering products from a manufacturing plant directly
