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Eliminate Waste with Real-Time Asset Management

November 06, 2012

Eliminate Waste with Real-Time Asset Management

One of the main priorities in most enterprises is to reduce waste across the supply chain. If your organization is like most, there is no room for waste in any facet of supply chain processes. The removal of waste and optimization of your supply chain improves responsiveness to your customer and reduces costs. Seven types of waste in your supply chain may be hindering your efforts to become a lean organization including:

  • Non-value added processes

  • Excess inventory

  • Capacity utilization

  • Wait time for operators

  • Suboptimal transportation

  • And more…

A real-time asset management solution provides “Timely information—aimed at delivering visibility of materials, WIP, scrap, etc, as well as automating material flow and assisting with the understanding, communication and resolution of downtime issues—directly addressing the seven wastes.”

Download and read this white paper to learn how real-time asset management solutions can minimize these wastes and optimize your supply chain.

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Recent Entries

Supply chain visibility is the Holy Grail for warehouses and distribution centers where the fast and efficient movement of goods is the solution to satisfying customer demand. This is especially true for the 68% of companies which are not satisfied with material movement efficiency from source to destination. These companies are seeking new ways to get the right goods to the right place at the right time. They are finding that change, complexity, compliance, competition, and connectivity are leading to further confusion.

Instead of ignoring a forklift fleet and its associated costs, asking the right questions can lead to substantial savings.

This white paper outlines five ways to increase profits with automation. By implementing automated storage and retrieval equipment-such as horizontal carousels, vertical carousels and vertical lift modules, multiple areas of a manufacturing or distribution facility will benefit from savings in inventory accessibility, floor space, time, improved ergonomics and better accuracy.

Citing difficult winter weather, executives anticipate the release of pent-up demand.

First edition takes place in Nairobi, Kenya, Sept. 9-12, 2014.



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