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Course Detail

Course Name Warehousing and Inventory Management
Course Code 24BUS338
Program B.B.A.  (Honours/ Honours with Research) 
Semester 4
Credits 3

Syllabus

Electives

Unit 1

Introduction to warehousing

Concepts – Decision making – Operations – Need for warehousing – issues affecting warehousing – various warehousing facilities – different types of warehouses – characteristics of ideal warehouses.

Unit 2

Introduction to inventory management

Role in supply chain – role in competitive strategy – Role of inventory – functions of inventory – types of inventories – WIP inventory – finished goods inventory – MRO inventories – cost of inventories – need to hold inventory.

Unit 3

Warehouse management systems

The necessity of WMS – Logics of determining locations and sequences – independent demand systems – uncertainties in material management systems – dependent demand systems – distribution resource planning.

Unit 4

ABC Inventory control

Managing inventories by ABC – multi-echelon inventory systems – Managing inventory in multi- echelon networks – managing inventory in single-echelon networks – Various approaches – distribution approaches – the true multi-echelon approach.

Unit 5

The principles and performance measures of material handling systems

Vehicle travel path(time) – Handling time – vehicle utilization – number of loads completed – congestion – Effective performance systems – Fundamentals of various types of material handling systems – automated storage and retrieval systems – Barcoding technology and applications RFID technology.

Objectives and Outcomes

Course Objective:

To provide students with a comprehensive understanding of warehousing concepts, decision- making processes, and operational needs, including the different types of warehouses, facilities available, and the characteristics that define an ideal warehouse.

Course Outcomes:

The student will be able to:

CO1: Analyze the various concepts, needs, issues, and types of warehousing, and understand the characteristics of ideal warehouses.

CO2: Explain the role of inventory in competitive strategy and the supply chain.

CO3: Implement WMS principles to optimize warehouse operations.

CO4: Compare and contrast various inventory management approaches in single-echelon and multi- echelon networks.

CO5: Assess the effectiveness of material handling systems using performance metrics such as vehicle travel time, handling time, and vehicle utilization.

PO1 PO2 PO3 PO4 PO5 PO6 PO7 PO8 PO9 PO10 PO11 PO12 PO13 PO14 PO15
CO1 1 0 0 1 0 0 0 0 0 1 1 0 0 0 0
CO2 1 1 1 1 0 0 0 0 0 1 1 0 1 1 0
CO3 1 1 0 1 0 0 0 0 0 1 1 0 1 1 0
CO4 1 1 0 1 0 0 0 0 0 1 1 0 1 1 0
CO5 1 1 1 1 0 0 0 0 0 1 1 1 1 1 0

Text Books / References

Textbook:

  1. Stephen Frey – Management Guide to Efficient Money Saving Warehousing – Gower, 1982.

References:

  • J P Saxena – Warehouse Management and Inventory Control – Vikas Publishing House
  • Michael Ten Hompel, Thorsten Schmidt – Warehouse Management: Automation and Organisation of Warehouse and Order Picking Systems – Springer Publication

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