Business Intelligence – Definition Traditionally, Business Intelligence (BI) is a collective term for methods and processes for the systematic analysis of data. Companies use this instrument to make their business...
The Internet of Things (IoT) describes the networking of physical objects (fitness bracelets, smart home, connected cars, industry 4.0) and the virtual world (software/Internet). Physical objects, in particular, are equipped...
Cloud computing describes the provision of IT infrastructure. These can consist of servers, storage, software, databases, network components and artificial functionalities (AI). The IT infrastructures mentioned are not installed on...
In a transport system that does not convey continuously, the decision as to whether a transport object can be transferred from one location to another is made directly in the...
Adaptive IT describes a modular system for modelling software. Individual software components can be added or removed as required without affecting the existing system. This concept allows for a very...
Cyber-physical systems, or CPS for short, are system units or components that are linked together by means of software, electronics and mechanics, the so-called cyber-physical infrastructure. The technologies from the...
CPFR stands for Collaborative Planning, Forecasting and Replenishment and is a further development of Efficient Consumer Response (ECR), known from supply chain management. CPFR requires that all information along the...
Pick-by-Vision is a picking process in which a picker uses data glasses and context-related information to compile articles or goods for customer or production orders. The data glasses, also known...
Inventory management stands for the complete digital recording of all stock movements in intralogistics in order to obtain reliable information about the storage location (where?), quantity (how much?), and quality...
The specification sheet generally contains the project requirements predefined and described in detail by the client, which in his or her view are necessary to successfully implement all requirements of...
TheWarehouse Management System (WMS) is an indispensable software for the control and administration of stocks (see also Inventory Management) and storage locations within closed operations (e.g. distribution centers or manufacturing...
Material flow control, also known as material flow computer or material flow control system (MFCS), is very often described as an order management directly assigned to materials handling equipment. However,...
Information describes the meaningful content of a message, which is of value for the recipient. The receiver can be either a human or a machine. The sent or received information...
The host system (usually an ERP system) is a central data processing system that can be accessed simultaneously by different computer systems and programs. Furthermore, in most cases the database(s)...
The current market development shows the following challenges: New component technologies require new measures to be taken Uncoordinated function modelling leads to fragmentation Large projects can only be managed with...
Lean Production describes a method with the goal to react quickly to outside influences on production systems. This is a concept that affects the efficiency increase of all company activities...
An Advance Shipping Notice (ASN), also advice note or avis, is a piece of preliminary information on the delivery of goods or the delivery of payment. In the following, this...
Transport strategies are used to execute existing transport orders. Transportation strategies can be used for transportation planning to route the transport units to the appropriate destinations. There are four transport...
LIFO (last-in-first-out) and FIFO (first-in-first-out) are two different strategies for storing and retrieving goods. Last-in-first-out The last-in-first-out principle describes a storage strategy in which the goods that were put into...
Inventory management refers to the administration, planning and control of material flows within a company or between companies, customers, suppliers or branch offices. On the one hand, it records the...
