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Book Operational Analysis of an Inventory Location Optimization Algorithm and RFID Implementation in a Distribution Center

Download or read book Operational Analysis of an Inventory Location Optimization Algorithm and RFID Implementation in a Distribution Center written by Rushil Batra and published by . This book was released on 2018 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis presents a strategic roadmap laid out for Waters Corporation, an analytical laboratory instrument company, and explores various avenues for digitalization, automation, optimization and standardization throughout its value chain. It then focuses on operational analysis of two pilot process improvement projects at their Global Distribution Center (GDC). Sub-optimal inventory placement caused by randomized assignment of primary storage locations is one of the key challenges faced by GDC. This often leads to inefficiencies in the form of unfulfilled orders as well as additional time and effort expended by material handlers. To cater to this problem, the first project revolves around the development of an inventory location optimization algorithm by taking into consideration the order frequency for a particular product and its distance from the shipping area. This work develops a mathematical formulation for assigning discrete storage location costs as an input for the algorithm by incorporating the nuances of current operating procedures. Preliminary estimates point toward savings of around 5% in walking time. While the aforementioned algorithm improves efficiency for put-away and retrieval of products, GDC requires better technology to track inventory and tackle the challenge effectively. Radio Frequency Identification (RFID) is an Automatic Identification (Auto-ID) technology popular for reading multiple tags at once and not requiring line of sight and. Its implementation was selected as the second pilot project for its ability to better manage inventory, reduce dock-to-stock time, improve put-away and shipping accuracy thereby directly impacting rate and quality of order fulfillment. The estimates suggest a reduction of over 20% in receiving time and 80% in time taken for inventory cycle counts besides drastic improvement in process accuracy. This work analyses the impact of both projects on the existing business processes by assessing the as-is state and proposing a future state after full-scale implementation. RFID has seen limited implementation in the industry owing to complexity in estimating the added value. The suitability of RFID application for inventory management in GDC is demonstrated through a cost-benefit analysis and Net Present Value (NPV). While there are significant costs associated with the technology, the range of applications and benefits derived strengthen the case for its implementation.

Book Development and Implementation of an Inventory Location Optimization Algorithm for Improved Distribution Center Picking Rates

Download or read book Development and Implementation of an Inventory Location Optimization Algorithm for Improved Distribution Center Picking Rates written by Dov Hochsztein and published by . This book was released on 2018 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: A strategic roadmap was developed for Waters Corporation detailing four central themes and twelve project proposals to direct future projects and innovations at the company over the next 3-10 years. Specific attention was paid to the growing need at Waters to shift processes from manual to automatic and to convert data collection and usage techniques from analog to digital. Pilots of two projects, Warehouse RFID-based Dock Door System and Inventory Relocation, were developed in conjunction with the preparation of the roadmap in order to provide proofs of concept and technology and to serve as reference points for future projects. The Inventory Relocation Pilot Project is discussed in this thesis. An automatic inventory relocation tool was developed to recommend product locations within Waters' Global Distribution Center (GDC). The tool was configured to allow full region reorganization, relocation of a specified number of stock keeping units, and recommendation of put-away locations for incoming shipments. The pilot was constrained to the high bay area at GDC due to the amount of available data for that region, but was designed to be easily extendable to include other regions in GDC and other Waters distribution centers. Simulations were run that showed greater than 40% reductions in the objective function that correspond to approximately 5% less time spent picking orders by material handlers, given the amount of available supporting data.

Book Supply Chain Optimization  Management and Integration  Emerging Applications

Download or read book Supply Chain Optimization Management and Integration Emerging Applications written by Wang, John and published by IGI Global. This book was released on 2010-11-30 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our rapidly changing world has forced business practitioners, in corporation with academic researchers, to respond quickly and develop effective solution methodologies and techniques to handle new challenges in supply chain systems. Supply Chain Optimization, Management and Integration: Emerging Applications presents readers with a rich collection of ideas from researchers who are bridging the gap between the latest in information technology and supply chain management. This book includes theoretical, analytical, and empirical research, comprehensive reviews of relevant research, and case studies of effective applications in the field of SCM. The use of new technologies, methods, and techniques are emphasized by those who have worked with supply chain management across the world for those in the field of information systems.

Book RFID in Logistics

Download or read book RFID in Logistics written by Erick C. Jones and published by CRC Press. This book was released on 2007-12-03 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: Radio Frequency Identification (RFID) tagging is now mandated by the department of defense and many of the world's largest retailers including Wal-Mart. In order to stay competitive, more than 200,000 manufacturers and suppliers must develop strategies for integrating RFID technologies into their supply chains. RFID in Logistics: A Practical Introd

Book Data Science with Semantic Technologies

Download or read book Data Science with Semantic Technologies written by Archana Patel and published by CRC Press. This book was released on 2023-06-20 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: As data is an important asset for any organization, it is essential to apply semantic technologies in data science to fulfill the need of any organization. This first volume of a two-volume handbook set provides a roadmap for new trends and future developments of data science with semantic technologies. Data Science with Semantic Technologies: New Trends and Future Developments highlights how data science enables the user to create intelligence through these technologies. In addition, this book offers the answers to various questions such as: Can semantic technologies facilitate data science? Which type of data science problems can be tackled by semantic technologies? How can data scientists benefit from these technologies? What is the role of semantic technologies in data science? What is the current progress and future of data science with semantic technologies? Which types of problems require the immediate attention of the researchers? What should be the vision 2030 for data science? This volume can serve as an important guide toward applications of data science with semantic technologies for the upcoming generation and, thus, it is a unique resource for scholars, researchers, professionals, and practitioners in this field.

Book The Internet of Things

Download or read book The Internet of Things written by Daniel Giusto and published by Springer Science & Business Media. This book was released on 2010-03-10 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the proceedings from the 20th Tyrrhenian Workshop on Digital Communications, held September 2009 in Pula, Sardinia, Italy and focused on the "Internet of Things."

Book Facilities Design

Download or read book Facilities Design written by Sunderesh S. Heragu and published by CRC Press. This book was released on 2018-10-08 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in Its Fourth Edition: Your Guide to Successful Facility Design Overcome design and planning problems using the fourth edition of Facilities Design. Dedicated to the proper design, layout, and location of facilities, this definitive guide outlines the main design and operational problems that occur in manufacturing and service systems, explains the significance of facility design and planning problems, and describes how mathematical models can be used to help analyze and solve them. Combining theory with practice, this revised work presents state-of-the-art topics in materials handling, warehousing, and logistics along with real-world examples that emphasize the importance of modeling and analysis when determining a solution to complex facility design problems. What’s New in the Fourth Edition: The latest version introduces new material that includes handling equipment and systems, and presents relevant case studies in each and every chapter. It also provides access to Layout-iQ software, data files for many of the numerical examples that are contained throughout the book, and PowerPoint files for various chapters. Additionally, the author: Describes tools commonly used for presenting layout designs Presents traditional models for facility layout including the popular systematic layout planning (SLP) model in detail Provides a layout project involving the SLP model Covers group technology and cellular manufacturing at the elementary level Includes a project and case study on machine grouping and layout Considers next-generation factory layouts Discusses analytical queuing and queuing network models, and more Facilities Design, Fourth Edition explains the ins and outs of facility planning and design. A reference for both student and professional, the book addresses facilities design and layout problems in manufacturing systems and covers layout, logistics, supply chain, warehousing, and materials handling. Please visit the author’s website for ancillary materials: http://sundere.okstate.edu/downloadable-software-programs-and-data-files.

Book Enterprise Supply Chain Management

Download or read book Enterprise Supply Chain Management written by Vivek Sehgal and published by John Wiley & Sons. This book was released on 2009-06-22 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: ENTERPRISE SUPPLYCHAIN MANAGEMENT Integrating Best-in-Class Processes Is supply chain management all about forecasting? Or is it just a warehousing and transportation function? Demystifying the mystery supply chain management is for many, Enterprise Supply Chain Management: Integrating Best-in-Class Processes offers a comprehensive look at the role of this field within your own organization. Written by industry leader Vivek Sehgal, this book invites you to evaluate your current supply chain practices and leverage its best in class concepts to your own challenges. Drawing from the author's abundant research and analysis, this resourceful book shows how to manage a supply chain across an enterprise, encompassing technological, financial, procurement, and operational issues. You will find in this book a thoroughly functional view of supply chain, so you can readily understand the meaning of processes and where they fit into your company's big picture. This essential book covers: A primer on supply chain and finance Elements of a supply chain model The scope of the supply chain Demand and supply planning Supply chain network design Transportation and warehouse management Supply chain collaboration Reverse logistics management Supply chain technology Whether you are a business manager, an IT manager, or a supply chain student, if you are looking for more of a comprehensive understanding of what each of the supply chain processes in your organization brings to the table and how each functions as part of the whole, Enterprise Supply Chain Management: Integrating Best-in-Class Processes is for you. Immensely functional on all aspects of supply chain management, this guide clearly explains how each process works and the relationships among them, allowing you to start implementing best-in-class approaches in your organization.

Book Algorithms and Computational Techniques Applied to Industry

Download or read book Algorithms and Computational Techniques Applied to Industry written by Jorge Luis García Alcaraz and published by Springer Nature. This book was released on 2022-06-21 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents algorithms and computational applications integrated in software that are being applied in the industry. It shows how companies using these tools are more competitive and efficient in the use and resources management. The book is organized in three sections, depending on the supply chain stage: procurement, including contact with costumers and product design; Production process, including relationship with suppliers and among departments; and Distribution, including logistics and transportation.

Book Application of Optimization in Production  Logistics  Inventory  Supply Chain Management and Block Chain

Download or read book Application of Optimization in Production Logistics Inventory Supply Chain Management and Block Chain written by Biswajit Sarkar and published by MDPI. This book was released on 2020-04-23 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt: The evolution of industrial development since the 18th century is now experiencing the fourth industrial revolution. The effect of the development has propagated into almost every sector of the industry. From inventory to the circular economy, the effectiveness of technology has been fruitful for industry. The recent trends in research, with new ideas and methodologies, are included in this book. Several new ideas and business strategies are developed in the area of the supply chain management, logistics, optimization, and forecasting for the improvement of the economy of the society and the environment. The proposed technologies and ideas are either novel or help modify several other new ideas. Different real life problems with different dimensions are discussed in the book so that readers may connect with the recent issues in society and industry. The collection of the articles provides a glimpse into the new research trends in technology, business, and the environment.

Book Logistics 4 0

Download or read book Logistics 4 0 written by Turan Paksoy and published by CRC Press. This book was released on 2020-12-17 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial revolutions have impacted both, manufacturing and service. From the steam engine to digital automated production, the industrial revolutions have conduced significant changes in operations and supply chain management (SCM) processes. Swift changes in manufacturing and service systems have led to phenomenal improvements in productivity. The fast-paced environment brings new challenges and opportunities for the companies that are associated with the adaptation to the new concepts such as Internet of Things (IoT) and Cyber Physical Systems, artificial intelligence (AI), robotics, cyber security, data analytics, block chain and cloud technology. These emerging technologies facilitated and expedited the birth of Logistics 4.0. Industrial Revolution 4.0 initiatives in SCM has attracted stakeholders’ attentions due to it is ability to empower using a set of technologies together that helps to execute more efficient production and distribution systems. This initiative has been called Logistics 4.0 of the fourth Industrial Revolution in SCM due to its high potential. Connecting entities, machines, physical items and enterprise resources to each other by using sensors, devices and the internet along the supply chains are the main attributes of Logistics 4.0. IoT enables customers to make more suitable and valuable decisions due to the data-driven structure of the Industry 4.0 paradigm. Besides that, the system’s ability of gathering and analyzing information about the environment at any given time and adapting itself to the rapid changes add significant value to the SCM processes. In this peer-reviewed book, experts from all over the world, in the field present a conceptual framework for Logistics 4.0 and provide examples for usage of Industry 4.0 tools in SCM. This book is a work that will be beneficial for both practitioners and students and academicians, as it covers the theoretical framework, on the one hand, and includes examples of practice and real world.

Book Supply Chain Strategy

Download or read book Supply Chain Strategy written by Edward H. Frazelle and published by McGraw Hill Professional. This book was released on 2001-10-16 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: High-Tech and High-Touch Logistics Solutions for Supply Chain Challenges In today's fast-paced and customer-oriented business environment, superior supply chain performance is a prerequisite to getting and staying competitive. Supply Chain Strategy is based on world-class logistics practices in place in successful supply chain organizations, the latest academic breakthroughs in logistics system design, and the logic of logistics. It presents the proven pillars of success in logistics and supply chain management. Part of McGraw-Hill's Logistics Management Library, Supply Chain Strategy is organized according to author Dr. Ed Frazelle's breakthrough logistics master planning methodology. The methodology leads to metrics, process designs, system designs, and organizational strategies for total supply chain management, total logistics management, customer response, inventory planning and management, supply, transportation, and warehousing. Concise yet complete, Dr. Frazelle's book shows how to develop a comprehensive logistics and supply chain strategy, one that will both complement and support a company's strategic objectives and long-term success. Logisticsthe flow of material, information, and money between consumers and suppliershas become a key boardroom topic. It is the subject of cover features in business publications from Wall Street Journal to BusinessWeek. Annual global logistics expenditures exceed $3.5 trillion, nearly 20 percent of the world's GDP, making logistics perhaps the last frontier for major corporations to significantly increase shareholder and customer value. And at the heart of every effort to improve organizational logistics performance? Supply chain efficiency. Supply Chain Strategy is today's most comprehensive resource for up-to-the-minute thinking and practices on developing supply chain strategies that support a company's overall objectives. Covering world-class practices and systems, taken from the files of Coca-Cola, Wal-Mart, General Electric, and other companies, it covers essential supply chain subjects including: Logistics data miningfor identifying the root cause of material and information flow problems, pinpointing opportunities for process improvements, and providing an objective basis for project-team decision making Inventory planning and managementpresenting metrics, processes, and systems for forecasting, demand planning, and inventory control, yielding lower inventory levels and improved customer service Logistics information systems and Web-based logisticshelping to substitute information for inventory and work content Transportation and distributionfor connecting sourcing locations with customers at the lowest cost by, among other things, leveraging private and third-party transportation systems Logistics organization developmentincluding the seven disciplines that link enterprises across the supply chain, as well as logistics activities within those enterprises Supply Chain Strategy explains and demonstrates how decision makers can use today's technology to enhance key logistics systems at every point in the supply chain, from the time an idea or product is conceived through its delivery to the final user. It describes the major steps in developing an effective, workable logistics management programone that will reduce operating expenses, minimize capital investment, and improve overall customer service and satisfaction.

Book Logistics Operations and Management

Download or read book Logistics Operations and Management written by Reza Farahani and published by Elsevier. This book was released on 2011-05-25 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive overview of how to strategically manage the movement and storage of products or materials from any point in the manufacturing process to customer fulfillment. Topics covered include important tools for strategic decision making, transport, packaging, warehousing, retailing, customer services and future trends. An introduction to logistics Provides practical applications Discusses trends and new strategies in major parts of the logistic industry

Book Digital Product and Process Development Systems

Download or read book Digital Product and Process Development Systems written by George L. Kovacs and published by Springer. This book was released on 2013-10-07 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the IFIP TC 5 International Conference on Digital Product and Process Development Systems, NEW PROLAMAT 2013, held in Dresden, Germany, in October 2013. The conference succeeds the International Conference on Programming Languages for Machine Tools, PROLAMAT 2006, held in Shanghai, China in 2006. In order to demonstrate the new orientation toward IT innovations, the acronym PROLAMAT has been changed into NEW PROLAMAT and is now interpreted as Project Research on Leading-Edge Applications and Methods for Applied Technology. The 42 revised papers were carefully reviewed and selected for inclusion in the volume. They have been organized in the following topical sections: digital product and process development; additive manufacturing; quality management; standardization and knowledge management developments; and simulation of procedures and processes.

Book The Handbook of Logistics and Distribution Management

Download or read book The Handbook of Logistics and Distribution Management written by Alan Rushton and published by Kogan Page Publishers. This book was released on 2000 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed for students, young managers and seasoned practitioners alike, this handbook explains the nuts and bolts of the modern logistics and distribution world in plain language. Illustrated throughout, this second edition includes new chapters on areas previously not covered, such as: intermodal transport; benchmarking; environmental matters; and vehicle and depot security.

Book RFID

    Book Details:
  • Author : V. Daniel Hunt
  • Publisher : John Wiley & Sons
  • Release : 2007-04-13
  • ISBN : 0470112247
  • Pages : 240 pages

Download or read book RFID written by V. Daniel Hunt and published by John Wiley & Sons. This book was released on 2007-04-13 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an introduction to RFID technology. It describes and addresses the following: How RFID works, how it is and can be used in current and future applications. The History of RFID technology, the current state of practice and where RFID is expected to be taken in the future. The role of middleware software to route data between the RFID network and the information technology systems within an organization. Commercial and government use of RFID technology with an emphasis on a wide range of applications including retail and consumer packaging, transportation and distribution of products, industrial and manufacturing operations, security and access control. Industry standards and the regulatory compliance environment and finally, the privacy issues faced by the public and industry regarding the deployment of RFID technology.

Book Fashion Merchandising

Download or read book Fashion Merchandising written by Dr Sukhvir Singh and published by LWRN Studio. This book was released on 2024-03-02 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Welcome to "Fashion Merchandising" authored by Dr. Sukhvir Singh, Professor and Associate Dean of the Faculty of Fashion and Design at SGT University, Gurgaon. This book is the culmination of years of research, teaching, and industry experience, aimed at providing readers with a comprehensive understanding of the intricacies of fashion business and merchandising. Fashion merchandising is a dynamic field that sits at the intersection of creativity and commerce. It encompasses a wide range of activities, from trend forecasting and product development to retail management and consumer behaviour analysis. In this book, I have endeavoured to cover these diverse aspects comprehensively, offering readers a holistic view of the fashion merchandising landscape. Throughout the chapters of this book, readers will embark on a journey that explores the fundamental principles of fashion merchandising, delves into the intricacies of retail management, and examines the latest trends and technologies shaping the industry. Drawing from real-world examples and case studies, I have sought to provide practical insights and actionable strategies that readers can apply in their academic pursuits and professional endeavours. Whether you are a student aspiring to enter the world of fashion, an educator seeking to enhance your curriculum, or a seasoned professional looking to stay abreast of industry trends, "Fashion Merchandising" offers something for everyone. It is my sincere hope that this book serves as a valuable resource and inspires readers to embark on their own journey of exploration and discovery within the dynamic realm of fashion merchandising.