The Massachusetts Institute of Technology (MIT) Center for Transportation & Logistics and Mecalux have developed an artificial intelligence-based simulator capable of optimising inventory distribution across different warehouses within the same logistics network. The platform, called Genetic Evaluation & Simulation for Inventory Strategy (GENESIS), uses advanced machine learning models to analyse thousands of possible scenarios and determine the optimal stock level at each warehouse and … [Read more...] about MIT CTL and Mecalux develop an AI-based simulator to optimise inventory across warehouses
Leaderboard
warehousing
Bem Brasil optimises storage for 500,000 tonnes of frozen food annually with Mecalux
Bem Brasil, the leading producer of pre-fried frozen chips in Brazil, has recently shored up its logistics capacity by building two automated clad-rack warehouses from Mecalux in its plant in Perdizes (Minas Gerais). Both facilities are equipped with the Automated Pallet Shuttle system with a stacker crane and supervised by Easy WMS warehouse management software. They efficiently store and distribute 500,000 tonnes of frozen foods annually. In a country of 211 million people, Bem Brasil … [Read more...] about Bem Brasil optimises storage for 500,000 tonnes of frozen food annually with Mecalux
Rhenus Warehousing Solutions and Blue Yonder: Strategic partnership for global standardisation
Rhenus Warehousing Solutions is intensifying its long-standing cooperation with Blue Yonder, the world leader in digital supply chain transformations, to drive forward its global standardization. As part of this extended partnership, Blue Yonder Warehouse Management will gradually be implemented in Rhenus warehouses worldwide, in order to create a uniform, more efficient and more flexible IT landscape in the long term. At more than 180 sites in over 20 countries, customers already benefit from … [Read more...] about Rhenus Warehousing Solutions and Blue Yonder: Strategic partnership for global standardisation
Hong Kong-based LF Logistics now part of Maersk
A.P. Moller - Maersk completed its US$3.6b acquisition of LF Logistics in late-August, taking control of the Hong Kong-based contract logistics company which will now be rebranded to Maersk. Maersk will add 223 warehouses to the existing portfolio, bringing the total number of facilities to 549 globally, spread across a total of 9.5 million square meters. LF Logistics, part of supply chain manager Li & Fung, employs 10,000 people, operates an extensive pan-Asia network and specialises … [Read more...] about Hong Kong-based LF Logistics now part of Maersk
JD.com buys 361,000-sqft warehouse in the UK
JD.com, a leading supply chain-based technology and service provider, through subsidiary JD Property Group Corporation, has made its first UK transaction with the purchase of a 361,000-sqft warehouse in Milton Keynes from the client of Abrdn. JD Property Group Corporation, which develop logistics and industrial infrastructure, has a combined gross floor area (GFA) of over 200 million square feet under management, with a warehouse network that covers China, Southeast Asia, and Europe. Cen … [Read more...] about JD.com buys 361,000-sqft warehouse in the UK
DSV’s new facility makes room for e-commerce, healthcare
DSV has opened a new ‘giant’ facility near Copenhagen which some would describe as one of the most ambitious warehousing and logistics projects seen on Danish soil. The 95,000-sqm facility, which shares warehouse space and office premises, is located in Hedehusene along with the company’s headquarters and other buildings in the area. Inside the 95,000-sqm warehouse, the forwarder has installed its largest automated storage and picking solution (AutoStore), which uses robotics to … [Read more...] about DSV’s new facility makes room for e-commerce, healthcare
