store final

8/6/2019 Store Final

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Presented by Devender Singh

Presentation on

Store Management With Codification

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Aravali Institute of Management


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Senior level executives now realize that the

automated warehouse is as much a part ofe-commerce and e-fulfillment as the Internet.

-Supply Chain Yearbook

Inbound InternalProcessing Outbound

Purchases

Mfg / Assembly

Transfers

Outside Processing

Customer Shipments

Vendor Returns

Transfers

Outside Processing

Pick

Pack

Inspection

Count

Assembly

Storage

Move

Replenish

Warehouse Management At-a-Glance

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Just-i -Ti liv ry

How can I improve the speed ofwarehouse operations?

How do I integrate operations toreduce order processing time?

Guara t d Availability How can I improve order promise

accuracy?

How do I create a global view ofinventory?

One Size Fits One How can I manage

SKU proliferation?

How do I ensurelabeling compliance?

Lowest Total Cost Where can I reduce inventory while

maintaining high fill rates?

How do I improve labor efficiency?

InternalProcessing

Inbound Outbound

Business Pressures

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Warehouse

System 1

ManufacturingProcurement Order Management

Warehouse

System 2

Warehouse

System N

RF Middleware RF Middleware RF Middleware

Integration and Operation Complexity, Localized Solutions5

Operational ChallengesOperational Challenges


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1. Functional Chemicals, Tools, Raw Materials, etc

2. Physical Depending on size and location like Central Stores, Sub

Stores, Transit Stores, Site Stores, etc

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BROAD CLASSIFICATION OF STORESBROAD CLASSIFICATION OF STORES


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1. Raw Material Store

2. Production Store

3. General Store

4. Tools Store

5. Salvage Store

6. Packing Store

7. Spare Parts Store

8. Receipt Store

Classification of functional stores:Classification of functional stores:


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9. Quarantine Store

10. Finished Goods Store

11. Work-in-progress Store

12. Stationary Store

13. Bonded Store

14. Refrigerated Store

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CLASSIFICATION OF FUNCTIONAL STORES contdCLASSIFICATION OF FUNCTIONAL STORES contd


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Central Store

Departmental Store

Group Store

Site Store

Transit Store

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CLASSIFICATION BASED ON PHYSICAL NATURECLASSIFICATION BASED ON PHYSICAL NATURE


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CLOSED TYPE

OPEN TYPE

RANDOM ACCESS STORES

ASRS

CONTRACTOR OPERATED STORES (C&F or 3PL)

CUSTOMS BONDED WAREHOUSE

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TYPES OF STORESTYPES OF STORES


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Stores Management is an integral part of the overall function of

Materials Management.

The task of Stores Management relates to safe custody and

preservation of the materials stocked, to their receipts, issue and

accounting.

Objective is to efficiently and economically provide the right materials

at the time when it is required and in the condition in which it is

required.

The company doesnt make money by storing a product, unless of

course, the price of the product escalates with passage of time, such

as with wine and antiques. Hence, maximum we store, maximum we

loose.

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WHAT IS STORES MANAGEMENT?WHAT IS STORES MANAGEMENT?


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Standardization of stock items by unified coding for easyidentification of materials, components and parts, efficient

assessment of the stock needs and better utilization of the available

stock.

Custody and issue of stores to the consuming departments based on

the requisitions placed by the indenters.

Classification of items based on their value, usage and source.

Adopting scientific methods of storage, to minimize losses due to

deterioration, obsolescence, breakage, leakage, thefts etc.

Proper recording of transactions and periodical review of balances

under different suspense heads for keeping up to date stores

accounts.

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The main objectives and functions of Stores Management:


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Identification of all Materials stored

Receipt and inspection

Storage and preservation

Issue and dispatches (Material Handling)

Records and recording system

Materials Accounting

Approaches to Provision of Materials

Stock Control Techniques (Inventory Management)

Stock Checking and Stock Taking Methods

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WHAT ACTIVITIES ARE CARRIED IN STORESWHAT ACTIVITIES ARE CARRIED IN STORES


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Classification of items stores (A,B,C Analysis)

Scrap Accounting and disposal

Stores Safety and Security

Storage Equipment and Materials Handling

Procedure Manuals

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WHAT ACTIVITIES ARE CARRIED IN STORESWHAT ACTIVITIES ARE CARRIED IN STORES


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Bar Codes used for identification and foraccounting

Standardization of items stored (Variety

reduction & Fewest Locations)

Automated Material Handling System Automated storage equipments

Use of vertical space

ERP / SAP etc., aimed at accuracy of

stocks held Paperless Stores Management

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LATEST PRACTICES IN STORES MANAGEMENTLATEST PRACTICES IN STORES MANAGEMENT


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PERPETUAL INVENTORY

PERIODIC STOCK TAKING

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INVENTORY TAKING METHODSINVENTORY TAKING METHODS


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1. Carrying out continuous verification of stocks and related items at Company

and Outside Locations, with a view to detecting and reporting any quantity

variations.2. Reviewing factors responsible for stock discrepancies and ensure controls

for custody and handling of stocks including -

(a) Godown physical handling,

(b) Security arrangements,

(c) Receipts

(d) Storage

(e) Dispatch Procedures

(f ) Stock Record Maintenance at Divisions/Godowns,

3. Recommending appropriate procedural administrative improvements

4. Following up from time to time and ascertaining whether necessary

corrective actions arising out of perpetual inventory findings have been takenby Divisions/Admn.

5. Exercising checks on those responsible for custody and handling of stocks.

PERPETUAL INVENTORYPERPETUAL INVENTORY


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With the concept of JIT Stores operations can be eliminated/

reduced

Outsourcing of warehousing (Generally finished goods or spare

parts meant for sale) activities

Customized warehouses (For value additions like customized

packaging, addition / removal of specific components to meet the

minor product variation required by customers

High tech movement tracking system

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THE EMERGING TECHNIQUESTHE EMERGING TECHNIQUES


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VERTICAL STORAGE SYSTEMVERTICAL STORAGE SYSTEM


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USE OF MAZANINEUSE OF MAZANINE


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BINS & CONTAINERS

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Bins & ContainersBins & Containers


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RACKSRACKS


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Gravity Wheel ConveyorGravity Wheel Conveyor


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Back Saver Lifts Space Saver Lifts Pallet Level Loader

Elevating Helper

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LIFTING EQUIPMENTSLIFTING EQUIPMENTS


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Hoist

Lift TrucksReach Trucks

Side Lifting TrucksElectric Powered

Rider Straddled

Trucks

OverPicker Trucks

Walk RiderPallet

TrucksGantry cranes

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Mini Automated Storage Retrieval System (ASR)Mini Automated Storage Retrieval System (ASR)


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Pallet RackingPallet Racking


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DriveDrive--inin--RackingRacking


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Mezzanine FloorsMezzanine Floors


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Cantilever RackingCantilever Racking


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Heavy Duty ShelvingHeavy Duty Shelving


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MultiflexMultiflex ShelvingShelving


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Long Span ShelvingLong Span Shelving


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Mobile ShelvingMobile Shelving


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CabinatesCabinates


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WorkstationsWorkstations


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Tool Handling SystemTool Handling System


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Modular TrolleysModular Trolleys


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Pick To LightPick To Light


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Put To LightPut To Light


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Polypropylene Plastic ProductsPolypropylene Plastic Products


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Store VanStore Van


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PalletsPallets


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46BARCODING SYSTEMBARCODING SYSTEM


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Example

Features:

Automates issues and returnsAutomates issues and returns

Provides real time inventory visibilityProvides real time inventory visibility

Scanners on shelves for automated inventoryScanners on shelves for automated inventory

Minimizes labor costMinimizes labor cost


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Example- Waste Management

Facilitat s R al tinit ring f rati ns

Opti izati n f Wastc ll cti n

Acc rat billing f r tcitiz n


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Automatic toll collection

Benefits:

Increases patr n c nvenienceand safety it nonstoppay ent

I proves traffic flow/reducescommute times

Reduces traffic congestion

Lowers operating costs for tolloperators

Provides proven reliability and

unparalleled accuracy


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