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Supply Chain Management in FMCG |
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Developing Efficient Warehouse Processes and Stock Control by Understanding the Needs of Industrial Customers
Tags :
Stock control, warehouse management, packaged goods, FMCG, consumer goods, supply chain, scm, supply chain management, global supply chain management, logistics, inventory management, operations management, supply chain logistics, logistics management, warehouse management, transportation management, 3pl, 4pl, consumer products, scm fmcg
Industry :
FMCG/Foods/Beverage
Functional Area : Logistics & Supply Chain |
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About "Developing Efficient Warehouse Processes and Stock Control by Understanding the Needs of Industrial Customers" topic:
Discuss efficient methods of storing products in the warehouse which are linked to excellent customer service levels. Share practical insights on: Striving for more accurate and efficient real time transactions, Good stock control and assembling orders with greater accuracy, Warehouse slotting to improve efficiencies, Forecasting and better inventory management, Understanding issues involved in servicing industrial customers.
2 trends
, 1 insight
, 2 idea contests
on topic: "Developing Efficient Warehouse Processes and Stock Control by Understanding the Needs of Industrial Customers"
Prev1NextShowing 1 - 5 of 5
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Everyone is talking about Supply chain everywhere especially in India where there was no focus on other areas apart from production sales. SCM has become a buzz word with every organization trying to do something in it. The increased awareness has brought the spot light on the fields of Supply Chain Management (SCM), Logistics Reverse Logistics. Since, the initial learning phase of the curve is over, Indian industry is seriously looking at SCM as a management tool. Most of the organizations are trying to optimize their supply chain have put a renewed focus on the forward as well as the reverse logistics field. If we review the Indian scenario, we will find that the most lacking part of the ...
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Davies francis
| Commented
| 2 years ago
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the awareness was also due to the efficent material handling by reducing the damages as well as Indias foreign poliy&efficent and freight movement
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Insight: "Warehouse Designing" deleted from your view.
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The evolution of warehouse management systems (WMS) is very similar to that of many other software solutions. Initially a system to control movement and storage of materials within a warehouse, the role of WMS is expanding to including light manufacturing, transportation management, order management, and complete accounting systems. To use the grandfather of operations-related software, MRP, as a comparison, material requirements planning (MRP) started as a system for planning raw material requirements in a manufacturing environment. Soon MRP evolved into manufacturing resource planning (MRPII), which took the basic MRP system and added scheduling and capacity planning logic. Even t...
Trends: "10 Essential Features to Look for in a Warehouse Management Solution" deleted from your view.
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Take a look in your warehouse. See those pallets in the racks? What about all the cases on those shelves? What you are really looking at is this: cash. And since that cash is sitting there in your warehouse, it isn't moving into your bank account. The other thing you see is risk — with that static inventory, there is a higher risk that obsolescence and damage will occur. To get that inventory (cash) moving requires taking decisive steps toward increasing its speed. Inventory velocity is typically measured by inventory turns, as shown in the following formula: Inventory turns = (Cost of goods sold) / (Average inventory for the period) The cost of goods sold, which is found on the income ...
Trends: "5 Tips for Turning Warehouse Inventory Faster" deleted from your view.
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Automation
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5 'S'
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Satish Yadav
| Supported idea
"Automation"
| 1 year ago
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Yes i agree that we you really wants to improve your warehouse procurement you have to use automation but strategically which means first you have to identify the key activities which can be done more efficiently with potential...
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Nitin M Aras
| Added idea
"5 'S'"
| 3 years ago
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Implementation of 5 'S' alongwith IT support will be a better solution for improving warehouse procurement system. 5 'S' will support you to keep your working area clean, hassel free, confusionless, better retrieval mechanism, and sorting.
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Ideate: " Warehouse Procurement - How To Improve Your Procurement System" deleted from your view.
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1
Sales and Operations Planning
2
Sales and Operational panning
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Ajay surya Kongara
| Added idea
"Sales and Operational panning"
| 2 years ago
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See SOP ( sales and operational planning) is the input for Forecast and demand Mgmt.There are 3 types fo planning.One is long term planning, second is Medium, third is day to day planning(Operational activities and Production control...
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Puneet
| Supported idea
"Sales and Operations Planning "
| 2 years ago
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Agree with all above points. Apart from, for a successful S OP, we need to focus on our business vendors/suppliers operations. It is essential for a planning team to efficiently coordinate with suppliers in a supply chain to achieve those...
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Sarma B
| Supported idea
"Sales and Operations Planning "
| 3 years ago
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I fully agree with the comments. I would like to add some more points to discuss in the forum of S OP are a. Stock freshness, identifying near expiry goods and action plan, high inventories, possibility of salvaging such goods.
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Ideate: "What are the best practices in Supply chain and logistics managemenet?" deleted from your view.
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