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M.COM 2A PRODUCTION & OPERATIONS MANAGEMENT F.B FOODS INVENTORY & WAREHOUSE MANAGEMENT 1 Project of Production Operations Management Presented to Prof. Syed Asad

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Page 1: Production & Operations Management

M.COM 2A PRODUCTION & OPERATIONS MANAGEMENT

F.B FOODS INVENTORY & WAREHOUSE MANAGEMENT 1

Project of Production Operations

Management

Presented to Prof. Syed Asad

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M.COM 2A PRODUCTION & OPERATIONS MANAGEMENT

F.B FOODS INVENTORY & WAREHOUSE MANAGEMENT 2

Group Members

Serial # Name Reg. #

01 Umair Mohsin 05

02 Usman Zaka 08

03 Mohsin Sohail 09

04 Umair Saeed 10

05 Sadaqat Ali 11

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F.B FOODS INVENTORY & WAREHOUSE MANAGEMENT 3

Acknowledgement

First of all we would like to thank the Almighty Allah for giving us the

strength and the aptitude to complete this Project within due time. We

are deeply indebted to our course teacher Prof. Syed Asad for assigning

us such an interesting topic named “Inventory & Warehouse

Management”. We also express the depth of our appreciation to our

honorable course teacher for his suggestions and guidelines, which

helped us in completing this project.

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F.B FOODS INVENTORY & WAREHOUSE MANAGEMENT 4

Executive Summary

This project has helped us a lot to understand the inventory and

warehouse management systems of any company. With the help of this

we made our own company named “F.B FOODS” and developed its

inventory management system and different types of notes such as

Goods Received note, Gate pass, Storage receipt and Goods issuance

Receipt etc. All this activity increased our knowledge regarding our

course outline also which based on Inventory Management.

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F.B FOODS INVENTORY & WAREHOUSE MANAGEMENT 5

Contents CANDIES ............................................................................................................................... 6

CHOCOLATE ....................................................................................................................... 7

JELLIES ................................................................................................................................. 7

Warehouse & Logistic system Of F.B Foods: ............................................................................. 9

Automated Packaged Food Storage and Transport .................................................................. 9

Software we are using:................................................................................................................ 10

WM 6 Warehouse Management Software ................................................................................ 10

Formats for Goods Receiving & Issuing

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INTRODUCTION

F.B Foods is Pakistan’s No. 1 confectionery and cake manufacturers with its

products exported to over 20 countries around the world. We are dedicated to the

art of producing fun, innovative and delicious products for sweet lovers of all ages.

F.B Foods products offer tantalizing experiences that sparks the imagination in

people who eat our candy. Of course, this has been our goal all along since our

inception in 1992. Today, F.B Foods Candy continues to make some of the best

candy in Pakistan and perhaps even in the world. Along with candies, we also help

inspire kids to be creative and dream up new worlds. We believe in our credo to

help kids have more imagination and to let them be ‘kids’ longer. F.B Foods

products can be enjoyed by kids and adults alike, and our products come in an

array of flavors, shapes and sizes.

Product Line:

CANDIES

F.B candies are a delight for everyone with their assortment of sweet, tangy, spicy,

coconut and milk flavors that will leave a memorable taste. It is a temptation for all

seasons and reasons.

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CHOCOLATE

Get ready for a fun-filled day of sweet indulgence and explore our assortment of

chocolate attractions which will overwhelm your senses. Our chocolate coated

wafers and sugar-coated chocolate beans are made from the finest quality

chocolate.

JELLIES

F.B’s full of fun Jellies come in thirteen flavors and shapes! Playful fish, sour

mouthwatering mango, sweet and sour tamarind, luscious guava, spicy mirch

masala, sharp and juicy peach, salty egg, appetizingly sweet strawberry, delicious

berry bites, lip smacking mixed fruit, tasty pizza and delightful funny teeth. Pick

and choose according to your heart’s desire!

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Vision:

To become a global food leader by spreading smiles through diversified halal

products.

Mission:

As Pakistan’s leading Confectionery Company, our mission of giving you,

“Reasons to Smile” is to provide consumers with the best tasting, most delicious

choices in a wide range of confectionery and beverages for all occasions.

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F.B FOODS INVENTORY & WAREHOUSE MANAGEMENT 9

Warehouse & Logistic system Of F.B Foods:

Automated Packaged Food Storage and Transport

F.B Foods automated warehousing systems for packaged food transport and

storage allow manufacturers, distributors and retailers to efficiently accommodate

consumers’ appetite for more products.

The packaged foods industry is in the midst of a supply chain evolution. To

accommodate consumers’ changing buying habits and demands, the packaged food

market is shifting to handle floor-ready formats. As a result, manufacturers are

experiencing critical warehouse needs, specifically increased numbers of SKUs,

smaller order quantities and more varied packaging containers. Manufacturers now

require handling and storage options that are streamlined, flexible and cost

efficient.

F.B Foods highly automated systems for storage and transport of packaged

foods adjust to market conditions and facilitate rapid, accurate throughput of

increased SKUs and smaller order quantities. With these systems, manufacturers

can meet the just-in-time order requirements for retailers as well as the ever-

changing purchasing habits of consumers.

Benefits

Accurately and efficiently fulfill frequent just-in-time orders for smaller

quantities of a larger number of SKUs

Meet increasingly stringent environmental regulations

Control inventory in real time

Improve throughput and picking of packaged foods

Increase fulfillment accuracy

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F.B FOODS INVENTORY & WAREHOUSE MANAGEMENT 10

Software we are using:

WM 6 Warehouse Management Software

The Warehouse Manager (WM 6) warehouse management software

platform offers comprehensive functionality for warehouse management as well as

for automated warehouse control solutions.

WM 6 software platform is a cornerstone within the F.B Foods automation

concept. It defines how F.B Foods systems integrate people, processes, and

technology into an overall solution to provide maximum customer value.

Depending on the system design chosen, the platform is enhanced with a

suitable selection of F.B Foods applications, apps and boxes, allowing us to cover

all possible integration scenarios.

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“F.B FOODS” MATERIAL RECEIVING REPORT FORM

Receiving Report

District of ____________________, Pakistan

Department:____________________

Purchase Order No:______________

Requisition No:__________________

Freight Charge:___________

Total: ____________

“I hereby certify that the material or services has been received, inspected and found satisfactory for

the purpose for which they were purchased:”

____________ __________________________

Date Received Inspector

Item No. D escription Quan tity Unit Pric e Extension

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-

F.B FOODS Goods Issuing Form

Goods/Items Received by:

Name: ______________________________ Father’s Name: _________________________________

Designation: _________________________Organization / Department: _________________________

Address Office: _____________________________________________________________________

Contact # Office ______________________ Cell # ______________________________________

E-Mail: ______________________________

Sr#

Description Signature

Received From: _________________________ Designation: _______________________________

Department: ________________________________________ Date: _____ /______ /_________

Terms and Conditions: Please note safety of received goods is the sole responsibility of the recipient. All

items must be returned back in the same condition as received. Any loss or theft will be the

responsibility of the recipient.

Received By Issued By

_______________ ______________________

Sign____________ Sign__________________

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F.B FOODS Gate Pass

Sr.# _______

Mr. _______________E.Code:_________ Deptt: __________Date:____ _________

Allowed to take following items/articles Out/In Form:_______ ________ To:__________

Sr# Item Code Description Units Quantity Remarks

1

2

3

4

5

6

Note: This gate pass used only for internal purposes

Received By Security Incharge

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F.B FOODS INVENTORY & WAREHOUSE MANAGEMENT 14

Warehouse Storage Receipt:

F.B FOODS

Head Office: Faisalabad

Warehouseman name:

Warehouse Address:

Goods Type of Container

Size Gross Weight

Storage rate per month

Handling In & Out rate

TERMS & CONDITIONS if any: