Innovation in the Supply Chain

Over the last decade and into the next, GENCO Supply Chain Solutions is putting an increased emphasis on supply chain innovation. Innovation is being focused on the following areas:

Supply Chain Engineering
Data Analysis & Actionable Data
Sustainability, Productivity and Increased Quality
Reverse Logistics

What's Driving GENCO's Innovation?

GENCO has identified three key trends that are driving innovation in the areas listed.

Protecting the Environment
Labor Demographic Shortage - as baby boomers retire over the next 10 years
Customers Desire to Remove Cost from the Supply Chain

GENCO Smart

Our customers have identified the desire to better analyze and make decisions from data as a strong need. GENCO's latest software innovation, GENCO Smart, fills that need. GENCO Smart is designed to:

Reduce Inventory Cycle Times and Costs
Reduce Freight Cost by Analyzing Freight Alternatives
Reduce the Cost of Parcel by Looking at Costs and the Negotiation of Parcel Contracts

Sky-Trax^™ System, Optically Enabled RTLS

GENCO's Sky-Trax^™ System is an optically enabled Real Time Location System that is changing how warehouses are operated and staffed. Sky-Trax^™ improves productivity and reduces labor costs. With Sky-Trax^™ pallet jacks and forklifters are able to be replaced using robotics that are guided by a GPS system attached to the ceiling.

The Sky-Trax^™ System was named first runner up for a 2008 Supply Chain Innovation award.

Reverse Logistics

A strong reverse logistics process can improve profits while benefiting the environment. GENCO's reverse logistics solutions range from reducing damage to products, to repairing and refurbishing products, to moving unsaleables into a product liquidation stream.