Supply Chain & Warehouse Logistics Blog

Weighted average cost and inventory valuation

Weighted average cost is a stock valuation method used in accounting to obtain the average value of warehouse inventory.

Order management system: streamlining customer service

An order management system oversees a product’s life cycle digitally. It provides comprehensive tracking of inventory, fulfilment and after-sales service.

Chief operating officer and role in the supply chain

The chief operating officer (COO) is the person who oversees a company’s business operations, ensuring financial stability and growth.

Rack supported building: maximum capacity

A rack supported building is a warehouse where the racks themselves are part of the frame or structure that supports the facility.

The fishbone diagram applied to logistics

The fishbone diagram, also known as the cause-and-effect or Ishikawa diagram, is a tool used to detect and visualise the origins of a specific problem.

Operational excellence: principles and how to achieve it

Operational excellence is a philosophy that regards problem-solving and leadership as the key to continuous improvement. It aims to achieve the best results through optimal processes.

Key features of a warehouse management system

The key features of a warehouse management system can be summarised by its ability to assign locations, sequence warehouse tasks and automate information flows.

Case picking to speed up order fulfilment

Case picking is an order picking method commonly used in distribution centres whereby operators retrieve full cartons instead of individual product units.