Page 225 - DMGT551_RETAIL_BUSINESS_ENVIRONMENT

Retail Business Environment Anand Thakur, Lovely Professional University

Notes Unit 12: Warehouse Management

CONTENTS
Objectives

Introduction
12.1 Functions of Warehouse

12.2 Warehousing Planning and Cost Reduction
12.3 Warehousing Options
12.4 Warehouse Design Principles

12.5 Material Handling
12.6 Warehousing and Stores Operations
12.7 Material Verification and Control

12.8 Impact of Supply Chain Collaboration on Warehouse Management
12.9 Summary
12.10 Keywords

12.11 Review Questions
12.12 Further Readings

Objectives

After studying this unit, you will be able to:

 Explain the concept of warehousing
 Discuss the different warehousing options
 Describe that how do you design warehouses
 Discuss the procedures to operate a store or warehouse
 Explain the methods used for stock verification

Introduction

A store or warehouse is typically viewed as a place to store inventory. However, in modern
logistical system designs, the role of the warehouse is more properly viewed as a switching
facility as contrasted to a storage facility. Warehousing, in fact, are the nodes of the supply chain
network that extend the operational reach of the firm and provide a strategic thrust to its
objectives.

There have been stupendous developments in stores and warehousing technology. In this unit
we look at warehousing from a number of different perspectives. It focuses on storage
functionality. It describes storage or warehouse principles in terms of both economic and service
benefits. It addresses the operational aspects of warehousing, its infrastructure and risk mitigation.
The unit finally describes the concepts used in the design of a modern warehouse.

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