Based on our independent research, the productivity of today’s complex warehouse and manufacturing operations will be impacted by the following inefficiencies in yards:
Yards are the intersection between warehouses and transportation.
They are a critical linkage in logistics management practices and have a significant impact on the overall efficiency of the supply chain.
Companies of all industries and verticals that are involved in moving inventory through the supply chain, now realize that transportation delays often take place not only on the road but while the assets are still in yards at distribution centers (DCs) and manufacturing plants.
Read: The Terex AWP Case Study
As all goods often go through multiple yards throughout the shipment lifecycle, any inefficiencies or errors in the yard are amplified as the effects propagate through the entire supply chain.
According to industry leading analysts, a trailer shipment, from one facility to another facility, takes three days on average.
Of that shipment time, over two-and-a-half days (80%), a trailer is actually in a yard idling either empty or loaded.
The loaded shipments represent idle inventory and this idle time is, usually, the result of trailer status information delays and information inaccuracies along the supply chain.
While corporations have made significant investments in managing their transportation and warehouse assets using transportation and warehouse applications, they now realize that without real-time, accurate trailer and shipment status information across their facilities, they cannot gain full value for these technology investments.
For instance, delays can mean production downtime for manufacturing operations, product spoilage if handling perishable goods, lost opportunities caused by stock-out for retailers, or credibility issues with carriers and customers.
Distribution center managers and supply chain executives agree that without a dependable yard management solution, the actual arrival and departure times of trailers, location information in the yard, and load status are not properly tracked - the entire supply chain is adversely impacted at each facility within the distribution chain.
Errors and inaccurate information ripple throughout the supply chain. A late shipment or a misplaced trailer in the yard will impact all warehouse and transportation plans managers have in place and result in poor customer service.
Related Article: Is Your Yard Ready For The Digital Supply Chain Revolution?
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The Rise of the Digital Yard
In this white paper we explore the rise of the digital yard and show how technology is enabling significant efficiencies, productivity gains, and cost containment in a world where every penny added to the bottom line positively impacts organizational success. Download Now!
Solution Brief: Yard Management System
Yards are the intersection between warehouses and transportation, they are a critical linkage in logistics management practices and have a significant impact on the overall efficiency of the supply chain. Download Now!