project report
INTRODUCTION TO WAREHOUSE CONCEPTS, DECISIONS AND OPERATIONS
Objectives
After studying this lesson, you will able to:
Explain the meaning of warehousing;
Recognize the need for warehousing;
Identify different types of warehouses;
Explain the characteristics of ideal warehouses;
Describe the functions of warehouses; and
Enlist the advantages of warehouses.
1.1 Introduction
We need different types of goods in our day-to-day life. We may buy some of these items in bulk and store them in our house. Similarly, businessmen also need a variety of goods for their use. Some of them may not be available all the time. But, they need those items throughout the year without any break. Take the example of a sugar factory.
It needs sugarcane as raw material for production of sugar. You know that sugarcane is produced during a particular period of the year. Since sugar production takes place throughout the year, there is a need to supply sugarcane continuously. But how is it possible? Here storage of sugarcane in sufficient quantity is required. Again, after production of sugar it requires some time for sale or distribution. Thus, the need for storage arises both for raw material as well as finished products. Storage involves proper arrangement for preserving goods from the time of their production or purchase till the actual use. When this storage is done on a large scale and in a specified manner it is called ‘warehousing’. The place where goods are kept is called ‘warehouse’. The person in-charge of warehouse is called ‘warehouse-keeper’.
CHAPTER - 1
WAREHOUSING & INVENTORY MANAGEMEN
5
Warehousing refers to the activities involving storage of goods on a large-scale in a systematic and orderly manner and making them available conveniently when needed.
In other words, warehousing means holding or preserving goods in huge quantities from the time of their purchase or production till their actual use or sale.
Warehousing is one of the
Objectives
After studying this lesson, you will able to:
Explain the meaning of warehousing;
Recognize the need for warehousing;
Identify different types of warehouses;
Explain the characteristics of ideal warehouses;
Describe the functions of warehouses; and
Enlist the advantages of warehouses.
1.1 Introduction
We need different types of goods in our day-to-day life. We may buy some of these items in bulk and store them in our house. Similarly, businessmen also need a variety of goods for their use. Some of them may not be available all the time. But, they need those items throughout the year without any break. Take the example of a sugar factory.
It needs sugarcane as raw material for production of sugar. You know that sugarcane is produced during a particular period of the year. Since sugar production takes place throughout the year, there is a need to supply sugarcane continuously. But how is it possible? Here storage of sugarcane in sufficient quantity is required. Again, after production of sugar it requires some time for sale or distribution. Thus, the need for storage arises both for raw material as well as finished products. Storage involves proper arrangement for preserving goods from the time of their production or purchase till the actual use. When this storage is done on a large scale and in a specified manner it is called ‘warehousing’. The place where goods are kept is called ‘warehouse’. The person in-charge of warehouse is called ‘warehouse-keeper’.
CHAPTER - 1
WAREHOUSING & INVENTORY MANAGEMEN
5
Warehousing refers to the activities involving storage of goods on a large-scale in a systematic and orderly manner and making them available conveniently when needed.
In other words, warehousing means holding or preserving goods in huge quantities from the time of their purchase or production till their actual use or sale.
Warehousing is one of the
References: 1. Satish K.Kapoor, Purva Kansal – Basics of Distribution Management, a logical approach, prentice-hall of India private limited, New Delhi, 2003. 2. A.K.Datta – Materials management, Processes, text and cases, second edition, prentice-hall of India private limited, New Delhi, 2000.