Warehousing and Inventory Management Essay Example | Topics and Well Written Essays - 2250 words

Warehousing and Inventory Management - Essay ExampleA computerized solicitude system is the top hat option.Any WMS must ensure an effective and efficient management of ancestry. A WMS aims at controlling and storing of inventory in the warehouse. This process is closely linked to transactions such as putting away(p) and picking, receiving and shipping. WMS as well help in directing and optimizing inventory put-away based on real-time information concerning status of stash away utilization.WMS usually make use of data capture facilities such as wireless LANs, RFID, mobile computers, and barcode readers. selective information collection is followed by either batch synchronization or wireless transmission to a fundamental database. This can then give useful reports about the status of inventory in the warehouse.WMSs aim at providing automated procedures of handling receipt and returns of inventory, modelling and managing logical representation of the warehouse, managing inventory in spite of appearance the store and enabling a seamless link to order processing. WMSs help in controlling the movement and storage of materials within a warehouse. They data-track inventory during production and interpret between existing ERP and WMS systemsWarehouse management should be compound with the rest of the business to help in streamlining operations, reducing costs and speeding up order fulfilment. compass up of a criterion to help in guiding the most efficient put away locations, bin quantities, and pick patterns is very vital in warehouse management. Any warehouse management behave should help in reducing bottlenecks and multiple handling. Materials handling information should be input directly from the warehouse to assist in reducing in cogency and data handling redundancy (Frazelle, 2001). Pick and pack process in a warehouse should be automatically updated. This ensures accurate and timely fulfilling of orders and quickly responding to status inquiry. The war ehouse management should decide on the sophistication level of their management system confidently. It should adapt to new volumes, technologies, products and processes with ease. It should also be at par with the growth of the business (Warman, 1971).Integration of other business operations such as manufacturing and order processing with warehouse helps in optimizing the layout, handling multiple orders, managing replenishment, and proper utilizing of space. The warehouse manager should be various pick prioritization methods that include FIFO, FEFO and LILO into directed movement, pick and put away decisions (Frazelle, 2001).All credit or debit inventory records should be kept separate from sales, source documents and purchase receipts. This will help in maintaining accurate inventory records one when one needs to access records for display and testing among other useable needs. The warehouse manager should keep a visible inventory to help in increasing the efficiency and accurac y of management (Jenkins, 1968).To help in item tracking serial numbers should be employ to help in determining where the products were bought, processed and sold. This will help in reducing waste and curb carriage of expired stock via FEFO handling. Warehouse management