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WAREHOUSE

The document outlines essential warehouse and inventory management techniques, emphasizing the importance of efficient processes for optimizing supply chains and reducing costs. It discusses various strategies such as automation, lean principles, and advanced technologies like Warehouse Management Systems (WMS) to enhance operational efficiency. Key inventory management techniques covered include ABC analysis, Economic Order Quantity (EOQ), and Just-in-Time (JIT) inventory management.

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0% found this document useful (0 votes)
15 views88 pages

WAREHOUSE

The document outlines essential warehouse and inventory management techniques, emphasizing the importance of efficient processes for optimizing supply chains and reducing costs. It discusses various strategies such as automation, lean principles, and advanced technologies like Warehouse Management Systems (WMS) to enhance operational efficiency. Key inventory management techniques covered include ABC analysis, Economic Order Quantity (EOQ), and Just-in-Time (JIT) inventory management.

Uploaded by

armalejana
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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M E G R O U

E G R O U P
G R O U P 4
R O U P 5
WAREHOUSE AND INVENTORY
MANAGEMENT Adopting Advanced Warehouse Technologies (Added)
Layout Warehouse Inventory Management Techniques
Warehouse Inventory Management Warehouse Inventory Management Best Practices
• Automation in warehouse -
Implementing Lean Warehousing Principles
• Utilizing Warehouse Management Systems (WMS)
Optimizing Warehouse and
Inventory Management

Efficient warehousing and inventory management are crucial for any organization,
enabling companies to optimize their supply chains, reduce costs, and enhance
customer satisfaction.
RICHARD L. ARNIDO

WAREHOUSE AND
INVENTORY
MANAGEMENT
WAREHOUSE LAYOUT AND STORAGE SYSTEMS
What is
Warehouse
Inventory
Management?
Warehouse inventory management is the PROCESS of
receiving
Warehouse inventory management is the PROCESS of
receiving , tracking
Warehouse inventory management is the PROCESS of
receiving , tracking , auditing
Warehouse inventory management is the PROCESS of receiving ,
tracking , auditing , and managing goods in your warehouse.
Inventory
Management
VS

Warehouse
Management
Inventory
Management

Inventory management aims to maintain


optimal inventory levels to meet
demand without excessive costs or
stockouts.
Inventory management is the process
of forecasting
Forecasting is the
practice of predicting
future events or
conditions by analyzing
patterns and trends in
historical and current data.
Inventory management is the process of
Ordering.
refers to the process of replenishing stock to ensure that the
right amount of inventory is available to meet demand while
minimizing costs. It involves determining what, when, and how
much to order, considering factors like customer demand,
storage capacity, lead time, and cost efficiency. Effective
ordering strategies help businesses maintain a balance
between avoiding stockouts and reducing excess inventory,
which can tie up capital.
Inventory management is the process of
Receiving .
refers to the process of accepting and recording the arrival of
goods or materials from suppliers. It's a critical step that ensures
inventory accuracy and quality control.
The receiving process typically involves the following:
•Verification: Checking the delivery against the purchase order to confirm that the right
items, quantities, and specifications have been delivered.
•Inspection: Examining goods for any damage, defects, or discrepancies to ensure they
meet quality standards.
•Documentation: Updating inventory records, such as logging the delivery into inventory
systems or marking off items received.
•Storage: Organizing and placing items in designated storage areas for easy tracking and
access.
Inventory management is the process
of allocating stock through rigorous
evaluation and planning.
refers to the process of distributing available inventory to
specific locations, orders, or customers based on business
priorities and demand forecasts. Proper stock allocation
ensures that the right products are in the right place at
the right time to meet customer needs and minimize
delays.
Inventory
Management
VS

Warehouse
Management
Warehouse
Management
Warehouse management focuses on running an efficient
warehouse as a whole.

It concentrates on your warehouse’s operational aspects,


such as storing, retrieving and transporting goods, to
enhance efficiency, reduce costs and improve customer
satisfaction.
Warehouse
Management
RECEIVING
PUT AWAY AND
STORAGE
ORDER
PROCESSING
PACKING
Implementing Lean Warehousing Principles
5’s

Implementing Lean Warehousing Principles


Six key
components of
Warehouse Layout
Six key components of warehouse layout
RECEIVING AREA PICKING AREAS SHIPPING ZONE

STORAGE PACKING STATION SUPPORT AREAS


What a general warehouse layout should
cover
The general layout of a warehouse should be designed to meet several essential
needs:

Efficient flow of
It ensuring a seamless flow

goods
What a general warehouse layout should
cover
The general layout of a warehouse should be designed to meet several essential
needs:

Efficient flow of goods

Safety and
Prioritize worker safety

compliance
What a general warehouse layout should cover
The general layout of a warehouse should be designed to meet several essential
needs:

Efficient flow of goods


Safety and compliance

Flexibility and
Easy adjustment to accommodate business growth

scalability
What a general warehouse layout should cover
The general layout of a warehouse should be designed to meet several essential
needs:

Efficient flow of goods


Safety and compliance
Flexibility and scalability

Optimal space
utilization
Making the most available space is critical to increase storage
capacity
What a general warehouse layout should cover
The general layout of a warehouse should be designed to meet several essential
needs:

Efficient flow of goods


Safety and compliance
Flexibility and scalability
Optimal space utilization

Accessibility and
Goods should be organized logically for easy retrieval to
organization
speed up picking and reduce error.
What a general warehouse layout should
cover
The general layout of a warehouse should be designed to meet several essential
needs:

Efficient flow of goods


Safety and compliance
Flexibility and scalability
Optimal space utilization
Accessibility and organization

Technology and
The layout should support automation
the integration of current
and future technologies
compatibility
What a general warehouse layout should
cover
The general layout of a warehouse should be designed to meet several essential
needs:

Efficient flow of goods


Safety and compliance
Flexibility and scalability
Optimal space utilization
Accessibility and organization
Technology and automation compatibility

Cost efficiency
Minimizing the need for extensive modifications and
enabling efficient use of resources.
Examples of
different
warehouse
layouts
U-shaped layout

L-shaped layout I-shaped Layout


WAREHOUSE
INVENTORY
MANAGEMENT
TECHNIQUES

BY : AMARILLAS , BEA FEBY O.


WAREHOUSE INVENTORY MANAGEMENT
1 ABC analysis is an
inventory
management
technique that
allows you
to identify the
value of your
inventory based on
its popularity.
This technique can
help you identify
ABC analysis works
by grouping products
into A, B and C
categories.
Your most valuable
products are labeled
Category A, your
next most valuable
products are labeled
Category B, and
Category C products
2 Perpetual Inventory
Management
Perpetual inventory
management is a
technique in which
you count your
inventory as soon as it
arrives using
radio-frequency identificati
on (RFID)
and point-of-sale (POS)
3 Economic order
quantity (EOQ) is an
inventory management
technique that allows you
to determine the
optimal quantity of
goods to order so you
can meet customer
demands and cut
inventory costs.
Formula for EOQ:
EOQ = √((2DS)/H)

D = annual demand for


the product (in units)
S = cost to place an order
(per order)
H = cost to hold one unit
of inventory for a year
(also known as the
carrying cost)
EOQ = the optimal order
Formula for EOQ: EOQ =
√((2DS)/H)

Annual demand (D) = 12,000


bottles
Ordering cost per order (S) =
₱150
Holding cost per bottle per year
(H) = ₱5
4 Safety stock inventory
is an inventory
management
technique that allows
you to meet
customer
demand despite
supply chain
disruptions and
unexpected
To implement the safety stock inventory
technique:

Determine the level of safety


stock you need
Monitor inventory levels
• Reorder goods
5 Batch tracking is an
inventory management
technique that allows you
to monitor inventory
expiration
dates or track
defective items back
to their original
batch to help you ensure
quality control and
seamless product
This is particularly
important in industries
such as food,
pharmaceuticals, and
cosmetic.
6 Dropshipping is an inventory
management technique that allows
you to ship products directly from
your third-party supplier or
manufacturer, rather than storing
inventory in your own facility.

To implement dropshipping, you


purchase items from a third-party
supplier, who then ships them
directly to your customers.
7 • FIFO, or first in, first out,
is an inventory
management technique
in which you sell your
older inventory first,
making way for newer
items to keep your
inventory fresh.
• On the other hand, LIFO
or last in, first out, is a
technique in which
you sell your latest
inventory first, allowing
1
8 Just-in-time (JIT)
inventory
management is a
technique that allows
you to prevent dead
stock, or unsold
inventory, by only
ordering and
receiving items
JOHN VINCENT HERMINA

Utilizing Warehouse Management


Systems (WMS)
Adopting Advanced Warehouse
Technologies (Added)
Key benefits of a
WMS include:

•Improved Inventory Accuracy: Real-


time tracking of stock levels reduces
discrepancies and enhances inventory
control.
• Optimized Storage Utilization: Efficient space
management leads to better
organization and increased storage
capacity. ​
Enhanced Order Processing: Streamlined
workflows result in faster and more accurate order
fulfillment. ​
Adopting Advanced Warehouse
Technologies (Added)

Incorporating advanced technologies into warehouse


operations can significally enhance efficiency and accuracy.
Technologies such as automated storage and retrieval
systems(AS/RS), autonomous mobile robots (AMRs), and
barcode scanning systems streamline various processes,
from inventory management to order fulfillment.
AS/RS
Can automate the storage and retrieval of goods, reducing
labor costs and minimizing errors. Similarly ,AMRs can
transport items within the warehouse, optimizing material
handling and increasing throughput.

AS/RS: AMRs:
ARA GRACE MALEJANA
RACHELLE MANGUE
Manual tasks are often
time-consuming and
prone to error.

Utilize automated
solutions like warehouse
drones, sensors,
wearable devices, and
RFID tags to track and
manage your warehouse
inventory.
THANK YOU!

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