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#18 Generate “License Plates” based on ASN’s

You could improve the efficiency of your warehouse operations as well as streamline the transfer of inventory within your supply chain by assigning a unique License Plate Number (LPN) to a group of items being a pallet, a carton, a freight box or a container in addition to the bar code label or the RFID tag. License plating enables tracking key shipping and product information for a group of items with a single scan during inbound, outbound shipments or on the shop floor. It complies with EDI labelling requirements and Advance Ship Notices (ASNs)

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Inventory Optimization

10 Opportunities in Shipping and Receiving73 ways to reduce your Supply Chain Inventory making your organization more profitable and your customers happier

Source: BMS Associates - Ben Schlussel, 2017

About the Author

Being in a manufacturing, assembling, distribution or repair service function- the inventory mix is the trade-off between smooth operations supporting high service levels and frozen capital accompanied by increased carrying costs. The solution is obvious- inventory optimization.

To achieve this goal, we will be exploring opportunities in Procurement, Shipping and Receiving, Storage, and Production as well as in the planning and inventory transactions.


16 Opportunities in Procurement

10 Opportunities in Shipping and Receiving

 

 

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