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Tag: inventory management

Dexory Announces Investment from Schenker

Posted on by David Priestman

Dexory has secured additional investment with Schenker Ventures, the corporate investment arm of DB Schenker, strengthening further their position in the market. This investment will allow greater focus on introducing the DexoryView solution across Europe and into the US in the coming months.

Following the recent $19m Series A funding announcement in June, this partnership continues to strengthen Dexory’s leading position on providing real time visibility across the supply chain.

Dexory’s solution addresses the urgent need for improved visibility, better space utilisation and increased efficiency in warehouse operations around the world. Dexory brings together autonomous robots, capable of capturing rich image and sensor data from across a warehouse, with powerful analytics and insights. This powerful combination provides comprehensive visibility across individual warehouses of any size, as well as connecting sites across the global supply chain through Dexory’s digital platform, DexoryView.

For warehouse operators, guaranteeing flawless ‘on-time, every time’ order fulfilment is paramount to satisfying the expectations of today’s consumers. “Technology that operates autonomously, provides real-time insights, possesses intuitive interfaces, and seamlessly integrates can lead to a revolutionary transformation in the day-to-day efficiency, productivity and precision of warehouse operations”, says Andrei Danescu, CEO and Co-founder of Dexory. “I’m delighted DB Schenker shares our vision for full visibility across supply chains and have great confidence in our technology, ambitions and growth plans. Their industry expertise will help us grow into new territories and maximise the capabilities of the tech while bringing fantastic value to their sites, a great partnership for both.”

DexoryView, a one of a kind platform, conducts comprehensive warehouse scans within a few hours – a 100 times faster than human efforts and other inventory collection technologies. Moreover, DexoryView serves as a digital replica of the physical warehouse, nurturing not only management but also performance optimisation. This innovative feature empowers the software to simulate, optimise, and forecast future scenarios, freeing warehouse colleagues to engage in more complex tasks.

“The potential and evident success of Dexory’s technology within the global logistics landscape in a short space of time is impressive. Dexory has engineered a solution that not only boasts seamlessness and user-friendliness, but also provides a remarkable depth and speed of inventory data collections setting Dexory apart, enabling efficient and accurate insight.” says Paulina Banszerus, Head of Venture Capital, Schenker Ventures.

The strong execution-driven team behind the vision for DexoryView goes beyond inventory management, the technology’s visualisation is impressive, whilst being scalable in the future. And that’s what makes Dexory a great fit to our innovative portfolio. We’re really pleased to be part of Dexory’s exciting future.”

With ongoing conversations to partner with DB Schenker in the various territories, Dexory aims to continue to embed accurate real-time data into its customers’ supply chains worldwide, making it the new standard for the warehouse of the future.

RFID Streamlines Store Inventory Management

Posted on by David Priestman

Manhattan Associates has unveiled its vision for an RFID-powered store. Manhattan Active® Omni suite has expanded its support of RFID tags for automating and streamlining the inventory counting, receiving, picking, checkout, return and exchange processes. With this new solution, retailers can make more accurate promises, increase conversion rates and maximise inventory exposure for selling.

Retailers are increasingly depending on their stores to fulfil both in-store and online orders. However, their ability to do so is often hindered by poor store inventory accuracy, which often falls below 70%. In fact, a recent Manhattan survey found that only 2% of UK retailers believed they had an accurate view of inventory in stores and across their distribution network.

Manhattan has solved this challenge by enabling its point-of-sale and store fulfilment solutions with handheld RFID support for all inventory management and order fulfilment activities. By combining RFID technology with Manhattan Active Omni, retailers can increase store inventory accuracy from 70% to nearly 100%. Manhattan’s solution also reduces inventory-related labour hours, helps associates quickly locate merchandise and expedites transactions at the point of sale.

Manhattan Active Omni’s RFID capabilities streamline and automate inventory counting and receiving processes. Store-wide inventory counts can be performed quickly and accurately by store associates armed with the latest handheld devices, such as Zebra’s RFD series. Associates can also use the mobile RFID scanners to greatly reduce the time required to perform unit level receiving of new inventory items.

In active store environments, it is common for merchandise to be moved by customers or even misplaced by store staff. Manhattan’s new ‘find’ mode works just like a metal detector, using handheld RFID devices to direct store associates to the precise location of tagged items, reducing inventory shortages and time spent hunting for missing items.

Manhattan’s new RFID capabilities can also be used to speed up sales transactions and returns. Readers placed at the point-of-sale capture tag information as soon as merchandise is placed on the counter, immediately populating the customer’s shopping cart.

“Manhattan Active Omni delivers a unified approach to selling, engaging and fulfilling in a single store application. By integrating RFID into its store solutions, Manhattan is able to reduce the time and effort required to implement RFID, while ensuring store associates can continue to leverage the most advanced store solution in the market,” said Amy Tennent, senior director of Product Management for Manhattan.

“Agile omnichannel inventory management and fulfilment is critical to modern store operation,” said Bill Toney, vice president Global RFID Market Development at Avery Dennison. “We believe the combination of Manhattan’s store solutions and Avery Dennison’s innovative RFID and digital identification solutions will enable retailers to transform inventory management and streamline store operations while delivering a first-class consumer experience.”

About Manhattan Associates

Manhattan Associates is a technology leader in supply chain and omnichannel commerce. We unite information across the enterprise, converging front-end sales with back-end supply chain execution. Our software, platform technology and unmatched experience help drive both top-line growth and bottom-line profitability for our customers.

Manhattan Associates designs, builds and delivers leading edge cloud and on-premises solutions so that across the store, through your network or from your fulfilment centre, you are ready to reap the rewards of the omnichannel marketplace.

Packing Software for Spare Parts

Posted on by David Priestman

Nulogy’s relationship with CEVA Logistics is continuing to forge ahead after its flexible cloud-based software was chosen as the new platform for the co-packing of automotive spare parts at its Melbourne facility in Australia.

Nulogy’s industry-leading contract packing software is replacing the existing solution in order to meet the growing requirements for the handling of automotive parts. By digitalising operations at the site, Nulogy will drive enhanced visibility and real-time production monitoring, as well as improve materials and inventory management for the business and its customers.

Nulogy has successfully supported the implementation of its solution at several CEVA co-pack sites around the globe, including in the Netherlands, Poland, France, Turkey, and the United Kingdom. This new implementation in Australia expands the use of Nulogy from FMCG sector clients to the automotive sector.

Bart Beeks, Global Contract Logistics Leader at CEVA Logistics, said: “At CEVA Logistics, our focus is on providing our customers with a complete, agile, and efficient warehousing solution. This includes providing state-of-the-art contract packing services and our strengthened partnership with Nulogy will allow us to further digitalise our operations worldwide, especially in growth markets.”
Josephine Coombe, Managing Director, Europe, Nulogy, said: “As trusted partners in providing digitalisation across CEVA Logistics’ global co-packing network, we’re delighted to see the adoption of Nulogy in Australia.

“Innovators like CEVA Logistics recognise the powerful benefits that digitalisation brings to their co-packing businesses, enabling faster, higher quality and responsive service to customer needs whatever the products. As automotive customers demand collaborative and responsive partners across their supply chains, our customers enjoy significant competitive advantage in the market because of the customer service, quality and traceability benefits Nulogy delivers.”

Nulogy, a leading supplier of digital supply chain solutions, enables consumer brands and their supplier communities to collaborate on a multi-enterprise platform to deliver with excellence to an ever-changing consumer market. The Nulogy Multi-Enterprise Supply Chain Business Network Platform optimises contract manufacturing and co-packing operations, while empowering consumer brands and their external suppliers to accelerate network responsiveness and collaborate at the speed of today’s market.

 

More Inventory Reliability, More Customers

Posted on by David Priestman

With the construction of the new 5,000 m² warehouse at its Limburg, Germany site, Spedition Stähler, the biggest and most established shipping company in the Limburg-Weilburg district, has also taken the decision to install a warehouse management system. It selected the EPG | LFS Warehouse Management System from EPG (Ehrhardt + Partner Gruppe). This has enabled the logistics service provider to considerably improve its inventory accuracy and transparency. The company uses LFS to administer incoming and outgoing goods processes and has consigned those paper lists to history. This modernization of the warehouse management system has enabled Stähler to significantly grow its customer base within a very short period.

“The decision to install LFS was primarily due to the innovative capacity of EPG. We wanted a solution that will provide us with long-term support and also with an opportunity to grow our business. In comparison to other companies on the market, LFS is the most cost-effective both in this regard and also for our requirements,” explains Egon Bürger, Managing Director of Spedition Stähler. “The new warehouse is the heart of the company. This is why it is important to deploy state-of-the-art, innovative technologies here so we can provide future-oriented services for our customers.”

LFS ensures the dynamic location segmentation in the new 12-meter high warehouse. Across the 5,000 m² storage area there are 5,000 shelf slots for pallets. The objective is to turn the goods round as quickly as possible. “Before the installation of LFS a maximum of two people in the warehouse knew where each item was located. There was no location differentiation and access times were much too slow. There were also challenges with the assignment of batches,” continues Egon Bürger. Incoming pallets are now dispatched, labelled and assigned to a unique bin location with the assistance of a mobile workplace system – also supplied by EPG. In theory, each employee has an overview at all times of the current inventory situation as well as of all incoming orders. Stähler is also taking advantage of the integrated LFS module designed for the financial settlement of logistics services and therefore from an additional optimization of its customer invoicing process.

Growing customer-base

The investment has already paid off. Since the introduction of LFS Stähler has already considerably expanded its customer-base. And further future growth is the company’s top priority. “Spedition Stähler is a perfect example of the extreme flexibility of our software solutions as they can suit every requirement. And this is regardless of whether they are deployed by a medium-sized company or a large corporation,” says Dennis Schönherr, Project Manager and Logistics Consultant at EPG. “This is because, and often this is the most important aspect, our systems simply grow with the company and can adapt at any time. The standard version of LFS is already so sophisticated that many functions are available without any additional programming expense.” For example, Spedition Stähler simply connected its new clients itself and was able to work productively for them very quickly.

EPG – Smarter Connected Logistics

EPG is one of the leading international providers of comprehensive Supply Chain Execution Systems (SES) and employs 700 people at 17 locations worldwide. The company supplies its more than 1,500 customers with WMS, WCS, WFM, TMS and voice solutions to optimise logistics processes – from manual to fully automated logistics environments. EPG solutions cover the entire supply chain, from warehouse and road to ground and cargo handling solutions at airports. EPG’s comprehensive portfolio of solutions is complemented by logistics consulting, cloud and managed services and logistics training courses at the company’s own academy.

WMS at Heart of Expanding Business

Posted on by David Priestman

Workplace solutions leader Resource Furniture Services (RFS) has signed a fully bundled, five year contract for SnapFulfil’s advanced cloud-based warehouse management system (WMS), as business stacks up.

The London-based company, which is one of the most established and experienced full service independent installation and relocation businesses in the UK and particularly excels in the financial, legal, government and education sectors, begins with 10 licensed users, but with the flexibility to scale up. With three new warehouse facilities recently added across the capital, RFS can now offer in excess of 50,000 sq.ft of storage and distribution capacity. As a result, they needed to rationalise their inventory management and tracking system and make the operational leap from a small to medium sized business.

Mark Cronk, Joint MD for RFS, explained: “It’s the right time to take the next step and prove to customers old and new that we have the foresight and aptitude to further improve our service capacity and quality procedures. RFS is big on accreditation too and the fact that SnapFulfil is Gartner-backed was an important consideration. We do have a bespoke scheduling system with a warehouse component, but it is paper based, manual and very labour intensive, with the potential for human error and misinterpretation especially as we expand. So, first and foremost, a user friendly and best-of-breed WMS will bring an automated and consistent approach and save us valuable time and money.

“Additionally, we like the fact that SnapFulfil is scalable and will grow with us as a business. Furthermore, with a reputation for multiple efficiency gains, it will quickly start to pay for itself; plus as a digital and system-driven initiative, it will really focus and sharpen the approach of both our warehouse operatives and us as a senior management team.” http://www.snapfulfil.com

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Inventory Allocation with Omnichannel-Centric Solution

Posted on by David Priestman

Manhattan Associates Inc., a leader in supply chain and omnichannel commerce, today introduced Manhattan Active® Allocation, the first allocation solution specifically engineered for today’s omnichannel marketplace, with a fresh approach to managing short lifecycle inventory. A leader in inventory optimisation, Manhattan is the first to apply this expertise to softlines retail, with a new solution that also improves allocator agility and responsiveness.

Traditional allocation solutions lack the ability to sense and respond to today’s complex retail environment and evolving shopping habits. Manhattan Active Allocation offers a more nimble and modern approach to inventory allocation of short-lifecycle products for apparel, footwear and other fast-fashion retailers. It offers allocators a better understanding of real demand by giving them direct insight into today’s omni-fulfillment strategies, like BOPIS and curbside pickup. The solution also has the unique ability to shape allocation decisions based on the distinct types of fulfillment experiences offered for each product at both the store and distribution centre level.

“Manhattan has reimagined the entire allocation process with the notion that today’s retailers must better align inventory deployment decisions with how the brand intends to engage its customers,” said Scott Fenwick, senior director of product strategy, Manhattan Associates. “For the first time, allocators will have the ability to make allocation decisions pre-season, before inventory hits the stores, and in real time during the selling season, leveraging granular omni-fulfillment insights. This will give them the ability to align their short-lifecycle inventory plans with their omnichannel fulfillment strategies, resulting in fewer fulfillment redirects and end-of-season markdowns.”

Read more about WMS from Manhattan here https://flickread.com/edition/html/index.php?pdf=5f3d1fcf3160d#26

Built on industry-leading Manhattan Active application architecture, Manhattan Active Allocation is always current, continuously adapting and automatically scaling and flexing to accommodate changing needs as a business grows. The microservices-based, cloud native solution never needs to be upgraded, yet is still fully extensible. The new solution delivers real-time performance monitoring and updates to inventory and sales, network wide. Inventory performance is automatically captured by channel and fulfillment type, and configurable allocations help users define, preserve, learn and reuse high-performing fulfillment strategies year over year.

Manhattan Active Allocation’s embedded analytics and data visualisations give retailers the agility to instantly respond to changing business conditions and dynamically evolve their allocation strategies to maximise sales and margins. The solution gives allocators the agility to create adaptable allocation plans, which result in less stranded inventory and less financial risk for the business. http://www.manh.com

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