KNOWLEDGE LIBRARY

Category

MOST READ

12Jun

Unit Fill Rate (UFR)

The unit fill rate (UFR) for an item is the portion of the total number of units...

27Jun

Warehouse Occupancy Percentage

Optimal storage utilization helps enforce healthy inventory management. In our early work with Honda their...

02Jun

Efficient Procurement Inventory

Efficient procurement inventory (EPI) is often required to realize steep discounts when a special opportunity...

26Jun

Inventory Activity Profiling & Data Mining

Suppose you were sick and went to the doctor for a diagnosis and prescription.  When...

27Jun

Inventory Performance Measures

Inventory performance measures include financial, productivity , quality, and response time indicators for evaluating the efficiency and...

Order Processing

Order processing is the set of activities occurring between order entry and order release to the warehouse.  Order processing activities include:

• order pattern recognition,

• credit verification,

• order status communication and order changes, and

• order batching and assignment for efficient transport and picking.

Leave a Reply

Your email address will not be published. Required fields are marked *