What is elastic logistics?
27 Jul 2021Elastic logistics is a trend increasingly seen in all economic sectors, especially the retail industry, where fluctuations in demand are very common.
Explore the Mecalux blog and learn more about the latest methods for warehouse space optimisation, how to improve inventory management, automated material handling equipment & software.
Elastic logistics is a trend increasingly seen in all economic sectors, especially the retail industry, where fluctuations in demand are very common.
Examples of automated storage & retrieval systems: 5 cases of solutions installed for companies from different sectors and countries and with very diverse logistics needs.
Days sales of inventory is an indicator of the time products remain stored before they are sold or sent to the production lines.
Takt time: the aim of this concept is to adapt the production pace to the demand rate, thus satisfying customer needs.
Phantom inventory refers to imbalances between the inventory recorded in the company’s computer system and the actual stock in its warehouse.
Flexible fulfilment: agility in order preparation and the supply chain is indispensable when it comes to delivering orders and facing sudden changes in demand.
Automation and coronavirus: to tackle the COVID-19 pandemic, many companies have turned to automation to boost their productivity and maintain social distancing between staff.
A perpetual inventory system is indispensable for companies with a large number of SKUs in the warehouse, as periodic inventory could lead to serious stockouts.