The document discusses the key functions and objectives of a stores department in a company. It describes how a stores department receives materials from suppliers, stores them safely and securely, retrieves them as needed to fulfill requisitions from internal customers, issues materials in a timely manner, and maintains accurate records. The objectives of a stores department are to minimize production costs, maintain material values, provide good service to user departments, and establish coordination with other internal departments.
SIM Unit 4
Store management :
Materials handling,
Flow of goods/FIFO,
Computerization of inventory transactions
Security of stores,
Stocking and technical impacts-
shelf life,
wastage,
pilferage
SIM Unit 4
Store management :
Materials handling,
Flow of goods/FIFO,
Computerization of inventory transactions
Security of stores,
Stocking and technical impacts-
shelf life,
wastage,
pilferage
Contains the meaning of store, Retail Store And store Management
Responsibilities of store manager
Store security and store equipments
parking space at reatil centres
Warehousing Meaning
Warehouse Operations Meaning
3 Major Activities of Warehousing
1. Inbound
2. Process
3. Outbound
Arranging Warehouse
Types of Warehouse Space
Warehouse Management System
Main Features of WMS
Who Uses WMS
Benefits of Using WMS
Warehouse Management Affect Supply Chain
Logistics In Warehouse Management
Warehouse Management is presented by Welingkar’s Distance Learning Division. Warehouse is a combination of two words ”ware” and “House” which means that it is a place to house or store/keep wares i.e. items/articles for sale. This presentation includes different aspects of warehouse like function, storage, types of stacking and others.
For more such innovative content on management studies, join WeSchool PGDM-DLP Program: http://bit.ly/DistMang
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Contains the meaning of store, Retail Store And store Management
Responsibilities of store manager
Store security and store equipments
parking space at reatil centres
Warehousing Meaning
Warehouse Operations Meaning
3 Major Activities of Warehousing
1. Inbound
2. Process
3. Outbound
Arranging Warehouse
Types of Warehouse Space
Warehouse Management System
Main Features of WMS
Who Uses WMS
Benefits of Using WMS
Warehouse Management Affect Supply Chain
Logistics In Warehouse Management
Warehouse Management is presented by Welingkar’s Distance Learning Division. Warehouse is a combination of two words ”ware” and “House” which means that it is a place to house or store/keep wares i.e. items/articles for sale. This presentation includes different aspects of warehouse like function, storage, types of stacking and others.
For more such innovative content on management studies, join WeSchool PGDM-DLP Program: http://bit.ly/DistMang
Join us on Facebook: http://www.facebook.com/welearnindia
Follow us on Twitter: https://twitter.com/WeLearnIndia
Read our latest blog at: http://welearnindia.wordpress.com
Subscribe to our Slideshare Channel: http://www.slideshare.net/welingkarDLP
Entre el corazón y los procesos: dos principios rectores en conflictoPiero Alvarado Gervasi
La Consultoría Sistémica acompaña a las organizaciones, sus líderes y equipos a generar comprensiones profundas que les aporten claridad para toma de decisiones y acciones sostenibles.
Los sistemas organizacionales quieren sobrevivir y expandirse y en esa permanente tensión se generan situaciones cuyos síntomas no siempre son comprendidos en su real dimensión, ni son gestionados con efectividad.
En el siguiente artículo encontrarás un caso real, que en la superficie aparentaba ser un tema de "manejo de estrés" cuando en realidad evidenciaba un tema de fondo mucha más grande.
ALOK TIWARI
Contact: +919685449288, +91758 – 2403566 /
E-Mail: aloktiwari81@gmail.com,alok_tiwari_81@yahoo.com
Dear Sir/ Madam,
Please find attached resume for the position. I'm particularly interested in the Job opportunity, My overall experience strongly speaks about main profile - Design Engineering ( Electrical Design – Power Transformers) / Project Engineering & Management with exposure in preparation of technical designs for Power Transformers & related activities /Getting engaged in pre-sales cross functional activities related to product manufacturing and development process/Methods & Techniques.
I believe I meet all the essential criteria with great potential and enthusiasm for the position, roles & responsibilities at the work place offered in the organization, highlighting overall experience and demonstrated talent:
Played a key role in the Tasks assigned for Product & Process development /Innovation.
Instrumental in handling the assignments related to IS/ANSI/IEC standards/Pre-Sales cross functional activities & Project engineering/Techno-Commercial calculations.
Efficiently shouldered the responsibilities of the coordinator for ISO 14001-ISO 18001 EMS & OHSAS/Project engineering for Power Transformers & cross functional activities/Process functions & Methods.
A keen communicator with honed Interpersonal/Problem solving/Cross functional/ Analytical & Task handling abilities.
I am looking forward to take up roles in Technical & Project Engineering Management domain in an organization. The particular interest would be global assignments related to Project engineering & management/ Design Engineering & Analysis /Technical Assignments.
I am keen to join a potential employer due to its leading position in the industry, great organizational culture, spirit of innovation, professionalism as mentioned & highlighted that characterizes an organization and its employees. I am attracted to this role on account of the great organizational values as understood & will provide me an opportunity to bring forward my skills to get more horizons that i think organization offers.
I appreciate you are taking time to review my credentials , exposure & experience. Hence looking forward for a positive response.
Thank you.
Sincerely,
Alok Tiwari
Enclosure: 1) CV. 2) Profile presentation.
Es una propuesta, desde el enfoque de la consultoría sistémica, donde pasamos de la gestión del cambio a la gestión del balance, en la que la organización es capaz de facilitar un punto de encuentro, de sinergia, en el que reconoce que "necesita tanto de sus raíces para seguir creciendo como de los nuevos brotes para seguir expandiéndose". Que necesita "de lo que fue, de lo que es y de lo que será" para experimentar con fuerza, cohesióny efectividad la experiencia de co crear su propio futuro.
Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services.
Product Management- Inventroy Management and Controls.pptxRAHUL PAL
In manufacturing operations, production management includes responsibility for product and process design, planning and control issues involving capacity and quality, and organization and supervision of the workforce.
Production management aims to monitor and improve the efficiency of activities, materials, staff resources, and budgets to produce goods. Production outcomes vary according to the industry. A production manager ensures that manufacturing stays on schedule, within budget, and achieves the desired output goals.
Product Management: Inventory Management and Controls.pdfPrachi Pandey
Product management in the pharmaceutical industry plays a vital role in all 4 phases of the product life cycle. It is responsible for the top line (gross revenue generation) along with the sales team and bottom line (EBITA which is revenue before interest, taxes, depreciation, and amortization) targets of a pharmaceutical organization.
Oprah Winfrey: A Leader in Media, Philanthropy, and Empowerment | CIO Women M...CIOWomenMagazine
This person is none other than Oprah Winfrey, a highly influential figure whose impact extends beyond television. This article will delve into the remarkable life and lasting legacy of Oprah. Her story serves as a reminder of the importance of perseverance, compassion, and firm determination.
Senior Project and Engineering Leader Jim Smith.pdfJim Smith
I am a Project and Engineering Leader with extensive experience as a Business Operations Leader, Technical Project Manager, Engineering Manager and Operations Experience for Domestic and International companies such as Electrolux, Carrier, and Deutz. I have developed new products using Stage Gate development/MS Project/JIRA, for the pro-duction of Medical Equipment, Large Commercial Refrigeration Systems, Appliances, HVAC, and Diesel engines.
My experience includes:
Managed customized engineered refrigeration system projects with high voltage power panels from quote to ship, coordinating actions between electrical engineering, mechanical design and application engineering, purchasing, production, test, quality assurance and field installation. Managed projects $25k to $1M per project; 4-8 per month. (Hussmann refrigeration)
Successfully developed the $15-20M yearly corporate capital strategy for manufacturing, with the Executive Team and key stakeholders. Created project scope and specifications, business case, ROI, managed project plans with key personnel for nine consumer product manufacturing and distribution sites; to support the company’s strategic sales plan.
Over 15 years of experience managing and developing cost improvement projects with key Stakeholders, site Manufacturing Engineers, Mechanical Engineers, Maintenance, and facility support personnel to optimize pro-duction operations, safety, EHS, and new product development. (BioLab, Deutz, Caire)
Experience working as a Technical Manager developing new products with chemical engineers and packaging engineers to enhance and reduce the cost of retail products. I have led the activities of multiple engineering groups with diverse backgrounds.
Great experience managing the product development of products which utilize complex electrical controls, high voltage power panels, product testing, and commissioning.
Created project scope, business case, ROI for multiple capital projects to support electrotechnical assembly and CPG goods. Identified project cost, risk, success criteria, and performed equipment qualifications. (Carrier, Electrolux, Biolab, Price, Hussmann)
Created detailed projects plans using MS Project, Gant charts in excel, and updated new product development in Jira for stakeholders and project team members including critical path.
Great knowledge of ISO9001, NFPA, OSHA regulations.
User level knowledge of MRP/SAP, MS Project, Powerpoint, Visio, Mastercontrol, JIRA, Power BI and Tableau.
I appreciate your consideration, and look forward to discussing this role with you, and how I can lead your company’s growth and profitability. I can be contacted via LinkedIn via phone or E Mail.
Jim Smith
678-993-7195
jimsmith30024@gmail.com
Artificial intelligence (AI) offers new opportunities to radically reinvent the way we do business. This study explores how CEOs and top decision makers around the world are responding to the transformative potential of AI.
The case study discusses the potential of drone delivery and the challenges that need to be addressed before it becomes widespread.
Key takeaways:
Drone delivery is in its early stages: Amazon's trial in the UK demonstrates the potential for faster deliveries, but it's still limited by regulations and technology.
Regulations are a major hurdle: Safety concerns around drone collisions with airplanes and people have led to restrictions on flight height and location.
Other challenges exist: Who will use drone delivery the most? Is it cost-effective compared to traditional delivery trucks?
Discussion questions:
Managerial challenges: Integrating drones requires planning for new infrastructure, training staff, and navigating regulations. There are also marketing and recruitment considerations specific to this technology.
External forces vary by country: Regulations, consumer acceptance, and infrastructure all differ between countries.
Demographics matter: Younger generations might be more receptive to drone delivery, while older populations might have concerns.
Stakeholders for Amazon: Customers, regulators, aviation authorities, and competitors are all stakeholders. Regulators likely hold the greatest influence as they determine the feasibility of drone delivery.
The Team Member and Guest Experience - Lead and Take Care of your restaurant team. They are the people closest to and delivering Hospitality to your paying Guests!
Make the call, and we can assist you.
408-784-7371
Foodservice Consulting + Design
2. Introduction
Store is a place where excess material is
kept which will be used as and when
required. Loss of items, deterioration,
obsolescence and inadequacy [of what is
stored to what is needed] are treated as
‘part of life’.
3. Introduction
Store management is “ to receive
materials, to protect them while in
storage from damage & unauthorized
removal, to issue the material in the right
quantities, at the right time to the right
place and to provide these service
promptly and at least cost”.
4. Objectives of store
In the chain of internal customers and
suppliers, stores has several internal
customers. As a matter of fact all functions
of management are internal customers to
stores. Customers as usual expect Quality
Cost and Delivery from every supplier.
Stores also have to deliver these customer
expectations. In the process of discharging
this obligation Stores perform some
activities that are functions of Stores.
5. Objectives of store
Minimizing cost of production through
minimizing cost on materials
Maintaining the value of materials
Service to user departments
Establishing Co-ordination with other
departments
Advising materials Manager
6. Functions of Stores
1. Receipt
2. Storage
3. Retrieval
4. Issue
5. Records
6. Housekeeping
7. Control
8. Surplus management
9. Verification
10. Interaction & coordination
7. Receipt
Any item of goods or material that enters the
organization always enters through the stores.
Similarly, every item unless specifically excluded,
has to leave through the store. Stores is the final
account keeper of all materials.
Material sent by any supplier after the security
clearance comes to the stores. Stores check the
document carried by the carrier, known as Delivery
Challan, against the copy of the Purchase Order
placed on the supplier by the organization.
8. Receipt
Once the adequacy is established and quantity is
verified the material is sent for testing for quality
parameters.
Some times quality control tests are elaborate and time
consuming. If the policy of receipt is to unload the
material subject to quality control acceptance, it is
cleared for unloading.
Unloaded material is kept on the hold if it not yet
cleared by quality control department. If the material is
rejected it is sent back to the supplier after clear
documentation.
9. Storage
Once the unloaded material is approved by the
quality control department, as per the quality
plan in the quality system, it is moved to a
specific place in the stores layout.
The material is so stored that it becomes easy
to retrieve and issue subsequently.
Storage should also ensure protection against
deterioration, damage and pilferage.
10. Storage
Detailed system is adopted for location and
labeling of items while in storage. Storage plan
is made keeping in mind,
1. nature of the product- physical state, toxicity,
inflammability and other hazards
2. volume and weight- heavy or light
3. movement frequency- fast moving or slow moving
4. point of use
11. Retrieval
Easy and quick retrievability of items that are
demanded by the internal customers.
Easy identification, maximum space utilization and
minimum handling are key factors to retrieval
functions.
It is common knowledge in many of the companies
that after hours of searching for the item is declared
to be out of stock. This causes hold up of
production process and avoidable urgent purchase
of out of stock material. This function takes place as
per established retrieval system.
12. Issue
Fulfilling customer demand for the item in
minimum time, keeping quality high and cost
minimum is issue.
An internal customer doesn’t pay the price but
he has to fulfill requirement of authorization for
the demand.
A duly authorized indent or requisition for the
item is the key
13. Records
Maintaining records of receipt and issue.
Updating the stock levels as per movement of
materials.
Basic records of store are bin card and stock
register.
Bin card is placed on the bin in which items are
stored. This gives information about receipt, issue
and balance.
stock register gives all the information in the bin card
and also the value.
14. Housekeeping
Maintenance of spic and span
cleanliness in the store and ensuring
principle of Place for Everything and
Everything in its place is fully
implemented.
Good housekeeping ensures
satisfactory work practices
15. Control
Taking measures to ensure material plan is
being adhered to.
Any changes in consumption pattern or
replenishment pattern are closely monitored
for corrective action.
Material movement is watched to identify
nonmoving material for disposal. Effective
control puts into effect management objective
of ‘no shortage and no excess’.
16. Surplus management
Effective disposal system for unneeded
material to reduce inventory cost and
proactive measures to eliminate
deterioration and obsolescence.
Obsolete items are good in all respect
but have no useful role in the company
due to changes that have occurred in
the course of time.
17. Surplus management
Surplus items are those that have
accumulated due to faulty planning,
forecasting and purchasing. Hence a
usage value is associated with these items.
Scrap is wastage generated due to
processes like turning, boring drilling etc.
and also due to bad manufacturing. it is
said that in India nearly Rs. 2500 crores
are tied up as obsolete, surplus and scrap
items.
18. Verification
Stock verification to eliminate gap between
information and physical stock. In stores
some items are maintained as stock items.
The stores triggers the procurement cycle
for such items when a predetermined
reorder level is reached. Hence correct
stock position through verification is critical
to ensure ‘no shortage and no excess’ for
the item.
19. Interaction & coordination
Very close interaction between Purchasing,
production, quality control and engineering
functions is obviously needed in the
discharge of the functions discussed so far.
It also becomes necessary to coordinate
the flow of material samples and
information through a network of
departments for performance of stores
functions. Besides, every management
function being an internal customer
interaction is very important.