SCM 2 (week 1-4)

• Warehouse operations management involves the principles and processes of running day-to-day warehouse operations
• This includes receiving and organizing warehouse space, scheduling labor, managing inventory, and fulfilling orders
• The goal of warehouse operations is the efficient utilization of space, labor, and equipment while meeting customers' expectations
• A Warehouse Management System (WMS) is a software system designed to support and optimize the storage, retrieval, and tracking of items stored in a warehouse
• Commonly used Warehouse Management Systems include standalone systems, ERP module systems, cloud-based systems, and supply chain modules (SCM)
• Six basic principles of warehouse management are: receiving, put-away, storage, picking, packing, and shipping
• Receiving is the first and one of the most crucial warehouse processes
• Put-away is the movement of goods from the receiving dock to the most optimal warehouse storage location
• Storage involves placing goods into their most appropriate storage space
• Picking collects products in a warehouse to fulfill customer orders
• Packing consolidates picked items in a sales order and prepares them for shipment to the customer
• Shipping is the start of the journey of goods from the warehouse to the customer
• Effective warehouse management tips include planning the layout, keeping the warehouse organized, ensuring safety, training staff properly, reducing slow-moving inventory, and utilizing a quality Warehouse Management System
• Functions of warehousing storage include offering storage space, safeguarding goods, moving goods, financing, price stabilization, and information management
• Standard Operating Procedures (SOPs) are written guidelines for routine functions at the Central Warehouse
• The most important thing in warehouse management is safety rules, including wearing appropriate PPE, paying attention to warning signs, and regularly reviewing processes and procedures
• Warehousing is important in the supply chain as it ensures price stability, cuts costs on deliveries, allows for timely delivery, reduces errors, prevents goods from getting lost or stolen, and increases customer satisfaction
• Acronyms: SCM (Supply Chain Module), ERP (Enterprise Resource Planning), WMS (Warehouse Management System), KPIs (Key Performance Indicators), SOPs (Standard Operating Procedures), PPE (Personal Protective Equipment)
• Warehouse operations management involves the principles and processes of running day-to-day warehouse operations
• The goal of warehouse operations is the efficient utilization of space, labor, and equipment while meeting customers' expectations
• A Warehouse Management System (WMS) is software designed to support and optimize the storage, retrieval, and tracking of items in a warehouse
• Commonly used Warehouse Management Systems include standalone systems, ERP module systems, cloud-based systems, and supply chain modules
• Six basic principles of warehouse management are receiving, put-away, storage, picking, packing, and shipping
• Receiving is the first and crucial warehouse process
• Put-away involves moving goods from the receiving dock to the optimal storage location
• Storage is placing goods into their appropriate storage space
• Picking collects products to fulfill customer orders
• Packing consolidates picked items for shipment to customers
• Shipping is the start of the goods' journey from the warehouse to the customer
• Effective warehouse management tips include planning layout, organization, safety, staff training, inventory management, and using a quality Warehouse Management System
• Functions of warehousing storage include offering storage space, safeguarding goods, moving goods, financing, price stabilization, and information management
• Standard Operating Procedures (SOPs) are written guidelines for routine functions at the Central Warehouse
• The most important factor in warehouse management is safety rules, including wearing appropriate PPE and reviewing processes regularly
• Warehousing is important in the supply chain to ensure price stability, cost reduction, timely delivery, optimized distribution, error reduction, and prevention of loss or theft
• Acronyms: SCM (Supply Chain Module), ERP (Enterprise Resource Planning), WMS (Warehouse Management System), KPIs (Key Performance Indicators), SOPs (Standard Operating Procedures), PPE (Personal Protective Equipment)