Wednesday, November 13, 2024

Iren to Automate Logistics and Optimise Inventory with Infor

Infor, the industry cloud company, announced that Iren, a multi-utility group that operates in the sectors of electricity, gas, district heating, environmental services, integrated water services, and renewables, is deploying Infor WMS (Infor Warehouse Management System) to help automate the logistics processes for its business units whilst optimising inventory. The project will be carried out by Infor partners Lutech Group and Spindox.

Iren will entrust the technological transformation project to Lutech Group for the Infor WMS deployment and for the design and development of its innovative Pick & Go process; and to Spindox for its Ublique Decision Intelligence platform.

Once live by the end of 2023, Iren expects improvements in inventory accuracy, use of physical spaces, traceability of goods, optimization of management, and reordering policies.

The project started in September 2021 and is part of the group’s ambitious Logistics 5.0 Program, which envisages the transformation of the operating and organizational model that Iren has designed to make its supply chain increasingly efficient to address their business challenges and meet their customers’ expectations.

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The value of Infor WMS will be matched by the proven ability of Lutech and Spindox to govern complex, interdisciplinary, and innovative initiatives. The core of the supply chain management project is a Lutech solution based on Infor‘s WMS technology, which consists of an automated warehouse management system with a global visualization model and processes with advanced features that include cross docking, multi-sequence storage capabilities, wave management, business process management (BPM) workflow, as well as 3D visual warehouse to automate and streamline all warehousing operations. But also the labour management feature to increase efficiency and reduce costs.

Monitoring the real needs of materials and reducing waste of resources are also crucial for optimizing decisive interventions and therefore improving customer satisfaction and reducing working capital. These objectives can be achieved thanks to Ublique, Spindox’s decision intelligence platform, which supports the management of decision-making flows in highly complex contexts, thanks to the integration of numerous analytical models and artificial intelligence techniques (mathematical optimization, machine learning, dynamic simulation).

Moreover within the technological infrastructure, is the innovative Pick & Go process for picking up materials by Iren Group operators when warehouse personnel are not present. The process allows for the rapid picking of outgoing materials through an automatic exit or by scanning the QR codes affixed to the shelves.

SOURCE: PR Newswire

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