Electives
Course Name | Warehousing and Inventory Management |
Course Code | 24BUS338 |
Program | B.B.A. (Honours/ Honours with Research) |
Semester | 4 |
Credits | 3 |
Electives
Introduction to warehousing
Concepts – Decision making – Operations – Need for warehousing – issues affecting warehousing – various warehousing facilities – different types of warehouses – characteristics of ideal warehouses.
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.
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.
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.
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.
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 |
Textbook:
References:
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