Chapter 4: Warehouseing

Jonas Lo
Mind Map by , created over 3 years ago

Degree Business managment Mind Map on Chapter 4: Warehouseing, created by Jonas Lo on 05/04/2016.

5
1
0
Tags
Jonas Lo
Created by Jonas Lo over 3 years ago
Marketing Unit 4 HL/SL 4.1-4.4
Hariharan Athiraj
Marketing Unit 4 HL/SL 4.1-4.4
Michelle Januardi
English Vocabulary
Niat Habtemariam
CUBAN MISSILE CRISIS
Olivia Andrews
Marketing Unit 4 HL/SL 4.1-4.4
Sophia Richmond
Understanding Business
Alexandra McBride
Human Resources Management (Business Management N5)
Finlay Morse
Business Environments
jacqueline.joann9818
Business - Finance
Alexandra McBride
Chapter 4: Warehouseing
1 The Role of Warehousing

Annotations:

  • Warehouses and distribution centers fulfil a critical role in the SC
1.1 Link between Production, Transportation, Final end customer
1.2 Raw materials stored in warehouses before processing and finished goods
1.2.1 General needed for raw materials & finished goods
2 Key functions performed by Warehousing
2.1 Provide a level of customer service at the total lowest cost
2.2 Link the producer and the supplier as the intermediary
2.3 Major function
2.3.1 Movement fuction
2.3.1.1 Receiving
2.3.1.2 Transfer
2.3.1.3 Order selection
2.3.1.4 Shipping
2.3.2 Storage function
2.3.2.1 Semi-permanent
2.3.2.2 Temporary
2.3.3 Information transfer
2.3.3.1 Occurs simultaneously with movement and storage function
3 Definition
3.1 Any system of storing products at any point in the logistics system from the point of origin of goods, through production to the point of consumption.
3.2 Warehouse and distibution center (DC) are used interchangeably although a DC holds inventory at the downstream end of the supply chain.
3.3 Warehouses refer to places where raw materials, work-in-process goods and finished goods are stored.
4 Reasons to hold stock or inventory
4.1 To achieve production economies of scale
4.2 To obtain purchasing discounts for large scales
4.3 To maintain the supply source
4.4 To support firms' customer service policies
4.5 To meet changing market conditions
4.6 To overcome time and space differentials
4.7 To accomplish least total cost logistics
4.8 To serve customer needs more effectively
4.9 To support just-in-time (JIT) programs
5 Warehouse location decisions

Annotations:

  • Deciding how many warehouses to build and where to locate them, depends on the following main factors:
5.1 The firm policy and thinking

Annotations:

  • Do they prefer centralized distribution or many decentralized distribution
5.2 The cost-time calculation and the trade-offs

Annotations:

  • increase in price of petrol and diesel has become a major factor
5.3 The actual customer base
5.4 The geographic nature of the area
6 Warehouse physical layout
6.1 The physical layout of a warehouse impacts productivity of staff members who pick, pack and move goods and has cost implications when not managed effectively
6.2 Natural lighting, controlled access points, ergonomic and user-friendly picking design, all contribute to cost effectiveness
6.3 Seven essential steps and 10 general guidelines should be taken into account when warehouse layout and design are undertaken
6.4 Critical and non critical items

Annotations:

  • Table 4.1 Page 63
7 Effective storage and control
7.1 makes careful use of rows, levels and stacks
7.2 Goods that have been stored, must be found easily if they are picked for outbound distribution to the customer or during stock-taking activity
8 Product groupings within the warehouse
8.1 Compatibility

Annotations:

  • In terms of similarity
8.2 Complemetary

Annotations:

  • How often products are ordered together
8.3 Popularity

Annotations:

  • Dependent on turnover rates or demand rates
9 Categorisation of inventory within the warehouse
9.1 According to demand frequency
9.2 According to pick destination
9.3 According to special storage requirements
9.3.1 Hazardous
9.3.2 Perishable
10 Steps of the warehousing process:
10.1 1. The inbound logistics function
10.2 2. Inventory management and storage
10.2.1 Putting the right stock in the right place
10.2.2 Giving the right code to the right product
10.2.3 Developing a coding system
10.3 3. The outbound logistics function
11 Cross docking
11.1 Logistics process that minimises the need for storage
12 Typical Warehousing activities
12.1 1. Receiving
12.2 2. Put-away
12.3 3. Storage
12.4 4. Packaging
12.5 5. Ship-prep
12.6 6. Shipping (transport)
13 The most common warehouse problems
13.1 Storage space utilisation
13.2 Product handling problems
13.3 Equipment problems
13.4 Labour intensity
13.5 Information gaps between warehousing, manufacturing or retailing
13.6 Costing and budgeting
14 Materials handling equipment
14.1 Category 1: Forklifts and pallet handling equipment
14.2 Category 2: Turret trucks and reach trucks
14.3 Category 3: Scanning equipment and new technologies
14.4 Category 4: Portable storage racks and other devices

Media attachments