Logistics Management
Logistics Management
WMS meaning: a warehouse management system is software that helps companies manage and
control daily warehouse operations, from the moment goods and materials enter a distribution or
fulfillment center until the moment they leave
Benefits of a warehouse management system
Distribution Center
Distribution centers are logistics facilities that store finished goods before they're picked and
packed to fulfill customer orders. In a sense, they can be thought of as specialized, strategically
located warehouses. A distribution center for a set of products is a warehouse or other
specialized building, often with refrigeration or air conditioning, which is stocked .
Storage - Optimization
Order preparation and shipment -Returns management
Shipping -workflows -Storage of products
Conduct regular warehouse audits -Goods identification Inventory handling
Supplier integration
Supplier integration is the degree to which firms collaborate with their suppliers. This
collaboration includes idea generation, new product development, product concept development,
large-scale production, and market testing. It is a state of synergy accomplished through a variety
of. integration practices among the supplier, purchasing. and manufacturing constituents of an
organization
Supplier integration leads to improved overall performance and a seamless customer experience—
efficiency, productivity, and profitability all increase. You can pass cost savings on to your
customers or reinvest them back into your business. Either way, you can rest assured your customers
will get their products on time, every time.
Backward integration of supplier occurs when the company integrates with the suppliers of raw
material and this occurs before the production process. It is done for improving the process of
procurement which helps in optimizing the production process.
The forward supplier integration is when the manufacturer or the company integrates with the
suppliers for the improved delivery of products to the customers, it includes integration with
logistics members, transportation and shipment providers.
In this type of integration the company creates integration with both suppliers of raw material
and the suppliers for product delivery to the customers. It involves integration of both before
production and after production. In other words this diversified integration is nothing but the
holistic integration of supply chain management. This will lead to assured optimization.
Reduced Cost. One of the key advantages of implementing a lean supply chain is the
overall reduction of waste and inefficiencies. ...
Reduced Waste. ...
Faster Lead Times. ...
Increased Customer Satisfaction. ...
Streamlined Processes
A digital supply chain is a set of processes that use advanced digital technologies so that
businesses can make better decisions about supplies they need, the demand for their products,
and all of the relationships in between. Digital supply chains work by integrating internal
systems and data with external information, both structured and unstructured. Using new
technologies to collect, monitor, and analyze data, a digital supply chain can help you make
predictions and recommend actions in real-time.
Green supply chain management
Green supply chain is a supply chain which focuses protecting environment social and economic
activities. The green supply chain encourages suppliers to use less toxic and sustainable
materials, reduce the energy usage etc. The specific goal of GSCM is the reduction of CO2
emissions, greater efficiency of assets, less wastage in production, greater innovation, reduction
of production costs, reuse of raw materials, increased profitability
Circular Supply Chain
Circular supply chains enable businesses to become more resilient by decoupling operations
from the extraction of resources, thereby increasing productivity, circular supply chain, on the
other hand, is where the raw materials used are recycled back into the manufacturing operation.
Agile supply chain management
The supply chain management which is ability to respond to the changes in market swiftly and
provide the customers what they want when they want and how they want,, an agile supply
chain has the flexibility to act rapidly as per the demand and needs fluctuations. The agile
supply chain allows companies to reach the market first, be innovative, and to act as a market
leader while their competitors may struggle
Ability to change quickly without causing disturbances to other parts of the organization
Reduced wastage and saved storage costs and other expenses, increased margins
Less downtime
Reduced requirements for labor
Decreased work-in-progress stock
Enhanced production flexibility
Minimized wastage of materials
Swift changes if required during production
Levels of Manufacturing Flexibility
Basic Flexibility
Basic Flexibility includes the flexibility of material handling. This considers how simple it is to
place and move a lot of pieces within the system.
Operation flexibility
It involves using different sequences for different sections.
Machine flexibility
focuses on the smooth working of different machines.
Routing flexibility - counts how many ways a part can efficiently move through the
system.
System Flexibility
System flexibility is an umbrella term and has ability of flexibility in various modes and
operations including entire process some time.
Radio Frequency Identification (RFID) technology uses radio waves to identify people or
objects. There is a device that reads information contained in a wireless device or “tag” from a
distance without making any physical contact or requiring a line of sight. The RFID consists of
four components: RFID tags, RFID Antennas, RFID readers, and RFID software
Types of RFID
RFID tags can be grouped into three categories based on the range of frequencies they use to
communicate data:
Barcodes are used to identify products in stores. They provide information to a computer system,
which is used to track inventory, pricing, and other data. Barcodes are also used to track
shipments, verify product authenticity, and manage returns. bar code is consist of small lines
(bars) and spaces that is affixed to retail items which helps in identifications A barcode is a
machine-readable code in the form of a series of parallel lines of varying widths and distances
that represents data about the object it is attached to
Code 39
Code 93
Code 128
Data Matrix
Aztec Code
QR Code