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    MAREL   IS0000000388

MAREL HF.

(MAREL)
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Marel : The ins and outs of inventory

01/29/2021 | 09:24am EDT
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See how Innova can ensure an efficient dispatch process.

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If vendors have used traditional processes, adopting production control software can enhance visibility of inventory levels, cut labor costs, increase productivity, and improve customer service levels.

To implement advanced inventory control measures, vendors start by serializing each unit of product with a barcode. In addition, each warehouse location is assigned a barcode. The movement of product around the warehouse is completely automated, with workers employing scanners at each inventory stage.

When palletizing, the production control software can automatically assign product to pallets. Workers can also use handheld scanners to build pallets. Digital records of printed pallet labels are automatically stored in an easy-to-use centralized database, accessible from an inventory control dashboard and connected to all scanners on the floor.

During the put-away phase, workers use scanners to assign pallets to the appropriate warehouse location. The software includes business rules that prevent workers from storing pallets in the wrong location.

Each box and each pallet are unique in the system. During order picking, the records of any split apart or consolidated pallets are updated in real time. The central database maintains restacking pallet records so if any pallet labels are lost, the pallet contents are still fully visible.

How you benefit

By using the Innova Food Processing Software, you can easily search and view your inventory assets, and assign and track product units and pallets for put away, order picking, and restacking. Workers can easily identify a pallet and its contents no matter where they are on the warehouse floor, and avoid losing time searching for product. It's next to impossible to duplicate or lose pallet label information, which streamlines the movement of goods from the warehouse to the staging area. With a centralized dashboard, the movement of inventory in and out of the warehouse can be coordinated, making it possible to fulfill customer orders in a timely and accurate way.

Disclaimer

Marel hf. published this content on 29 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 January 2021 14:23:08 UTC.


© Publicnow 2021
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Financials
Sales 2021 1 395 M 1 678 M 1 678 M
Net income 2021 141 M 169 M 169 M
Net Debt 2021 102 M 123 M 123 M
P/E ratio 2021 31,9x
Yield 2021 1,10%
Capitalization 4 403 M 5 304 M 5 296 M
EV / Sales 2021 3,23x
EV / Sales 2022 2,89x
Nbr of Employees 6 800
Free-Float 77,0%
Chart MAREL HF.
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Marel hf. Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Average target price 6,22 €
Last Close Price 5,91 €
Spread / Highest target 5,55%
Spread / Average Target 5,26%
Spread / Lowest Target 4,97%
EPS Revisions
Managers and Directors
NameTitle
Árni Oddur Þórðarson Chief Executive Officer
Linda Jonsdottir Chief Financial Officer, EVP-Finance, IT & HR
Ásthildur Margrét Otharsdóttir Chairman
Arnar Þór Másson Vice Chairman
Margret Jonsdottir Independent Director
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