Logistics
-
Theory Of Constraints
Cross Docking: Don’t try this at home!
The practice of cross docking is another error that follows logically from a mistaken assumption. I have already shown why MIN/MAX and EOQ are wrong. The basic assumption is that “reducing logistics costs increases profits”, and the problem is precisely how costs are calculated. I won’t go into that now; another time I will show how cost accounting gives the wrong information…
Reed more » -
Warehouse management
What is a WMS?
A WMS (Warehouse Management System) is a software that allows you to carry out an intelligent and real-time control of the operation, increase the speed of the transactions and have a wide visibility of the movements in the warehouse or the CEDI. In other words, it is a tool that supports operations management. The objective of a WMS is to…
Reed more »