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Showing posts with the label Warehousing

Top Warehouse KPIs to Succeed in 2020

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Key performance indicators (KPIs) provide an invaluable way to judge the efficacy of operations, determine opportunities for improvement, improve customer experiences , and better manage supply chain functions, including warehouse management.  Supply chain leaders that wish to remain proactive to risks of disruption and improve operations through 2020 and beyond need to understand the top warehouse KPIs and how they can mean the difference between success and failure. This blog is the first in a two-part series where Veridian, a supply chain technology implementation company, will share the top 19 warehouse KPIs that track performance in the following areas: 1. Internal Operations 2. Staffing 3. Suppliers 4. Customers Let’s cover the top 10 warehouse KPIs for supply chain leaders and warehouse managers to succeed in 2020. (1) Internal Operations—Shrinkage of Inventory: Inventory shrinkage refers to the amount of inventory listed in the accounting records, but such inventory...

Nine Ways - Warehousing Adds Value

Outdated philosophies may prevent us from recognizing and integrating some of the new ways the warehouse or distribution center (DC) can add real value to our operations. Let’s talk about moving dinosaur thinking into the 21st century. Let’s talk about the evolution of warehousing as a means of adding value to your organization. In another “era,” when I first started out, there were basically only four types of warehousing that were thought to benefit an organization: Storage Warehouse: The use of a facility to stockpile inventory for outbound shipment in a make-to-stock plant environment or where MRO items are held for consumption, repair, and service of plant facilities and equipment. The intention is to have long-term storage. Production Warehouse: The utilization of a facility to hold materials and components for inventory prior to their need in processing, production, or manufacturing. The goal is to level demand. Order Fulfillment DC: A facility that holds inventory to meet cust...

C-TPAT for Air Carriers

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C-TPAT qualifications for air carriers: Active air carrier transporting cargo shipments to the US; Have an active Airline Code registered with CBP; Possess a valid continuous international carrier bond registered with the CBP; Have designated company official that will be the primary cargo security officer responsible for the C-TPAT program; Commit to maintaining C-TPAT security guidelines for air carriers; Create and provide CBP with a C-TPAT supply chain security profile, which identifies how the air carrier will meet, maintain and enhance internal policy to meet the C-TPAT security guidelines for air carriers. Security Guidelines for Air Carriers Air Carriers must conduct a comprehensive assessment of their international supply chain based on the C-TPAT security guidelines. Where an air cargo outsource or contracts elements of their supply chain such as conveyance, foreign facility, domestic warehouses or any other elements, the air carrier must work with these busi...

Complete Public Warehouse

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The establishment of Public Warehouse is based on the concept it is a central storage and distribution of goods in the country and international trade. Facilities in the Public Warehouse is specially for traders who deal with import, export and re-export. to realize the concept of "Gudang Berlesen Awam Lengkap" = Complete Public Warehouse, the Royal Customs Department allows the Public Warehouse licence holder to also act as forwarding agent of the goods stored in his warehouse. This approval is granted under the below situation: Removal of goods from import station to his warehouse only; Removal from his warehouse to another warehouse, to a licensed manufacturing warehouse, to a Free Zone or for export. Application for Licence Application for licence must be prepared in application forms JKED No. 1 in 4 copies and the application should be forwarded to the State Director of Customs where the licensed warehouse would be established with copies to the Director-General of Custo...