...during the first five months of 2004 with performance in 2003, which warehouse shows the most improvement? St. Louis is the only one showing any improvement, using cost per unit shipped as the performance criterion. The cost for the first five months of 2003 was $9.97 and for the first five months of 2004, it fell to $9.07. Question 2: When comparing performance during the first five months of 2004 with performance in 2003, which warehouse shows the poorest change in performance? The worst change is the company’s own warehouse (located in Fargo), where costs per unit shipped increased 31%. Among the public warehouses used, Denver was the worst in terms of cost per unit handled. It is also the most expensive public warehouse that Brant uses. Question 3: When comparisons are made among all eight warehouses, which one do you think does the best job for the Brant Company? What criteria did you use? Why? Using the cost per unit handled criterion, St. Louis does the best job, closely followed by Chicago. Question 4: J.Q. is aggressive and is going to recommend that his father cancel the contract with one of the warehouses and give that business to a competing warehouse in the same city. J.Q. feels that when word of this gets around, the other warehouses they use will “shape up.” Which of the seven should J.Q. recommend be dropped? Why? Denver has the lowest volume and highest unit costs among all the public warehouses used. In addition, it had been closed by a strike which must have...
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...Warehouse by Ed Acker Steven Winter Associates, Inc. Last updated: 04-23-2008 Overview Warehouses, defined here, are facilities that provide a proper environment for the purpose of storing goods and materials that require protection from the elements. Warehouses must be designed to accommodate the loads of the materials to be stored, the associated handling equipment, the receiving and shipping operations and associated trucking, and the needs of the operating personnel. The design of the warehouse space should be planned to best accommodate business service requirements and the products to be stored/handled. The economics of modern commercial warehouses dictate that goods are processed in minimal turnaround time. The different types of warehouses include: * Heated and unheated general warehouses—provide space for bulk, rack, and bin storage, aisle space, receiving and shipping space, packing and crating space, and office and toilet space; * Refrigerated warehouses—preserve the quality of perishable goods and general supply materials that require refrigeration. Includes freeze and chill space, processing facilities, and mechanical areas; and * Controlled humidity (CH) warehouses—similar to general warehouses except that they are constructed with vapor barriers and contain humidity control equipment to maintain humidity at desired levels. Special-designed warehouses meeting strict requirements can also provide liquid storage (fuel and nonpropellants), flammable...
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...Warehousing plays a vital part in a logistics system. In the past, we always thought that warehouse is used for storage of inventories. In today’s quick response, the growth of warehouse not only serves for storage, but also for movement, information transfer and valued added services. A good warehouse space and layout planning is a primary element for efficient warehouse. Tompkins and Harmelink (2004, p.240) state the purposes of warehouse layout are space usage efficiency; allowing for efficient material handling; cost efficiency; maximum flexibility and good housekeeping. Successful warehouse layout could maximize space utilization, minimize and control movement and location, and provide safety and security environment. The first step in warehouse layout planning is to consider the space requirement. Tompkins et al. (1996, p.430) state space conservation, space limitations, accessibility and orderliness are some factors on designing layout. In layout planning, as space will be limited by floor loads, truss, the height of ceiling, etc, it should be maximized utilization of concentration and cube and also minimized honeycombing. To optimize space utilization, it is not only developed by horizontally but also by vertically. Space concentration and cube utilization can benefit for the flexibility and ability for bulky receipts such as higher and thicker materials. Tompkins and Smiths (1998, p.243) describe honeycombing is storage space losing due to improper use of storage...
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...Review of Warehouse Receipt System and Inventory Credit Initiatives in Eastern & Southern Africa Final report commissioned by UNCTAD under the All ACP Agricultural Commodities Programme (AAACP) *The views expressed in this paper are those of the author and do not necessarily reflect the views of the United Nations September 2009 CONTENTS CONTENTS ............................................................................................................................................. i ACKNOWLEDGEMENT .....................................................................................................................iii GLOSSARY OF ABBREVIATIONS .................................................................................................. iv GLOSSARY OF ABBREVIATIONS .................................................................................................. iv SUMMARY ............................................................................................................................................ 1 Introduction ....................................................................................................................... 1 Observations on the different approaches ......................................................................... 1 Policy conclusions and recommendations ........................................................................ 3 Specific proposals .....................................................................
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...transit point experiment where in the Milano region, regional distribution centre was eliminated in favor of transit points which held zero inventory. Question 1: What are the costs and benefits of Merloni's current distribution system and of a transit-point-based distribution system? Answer 1: Following are the calculations for both the regional warehouses Roma and Catanzaro. Assumptions made for the calculations: 1. 20 working days in a month. 2. 218 Km, 797 Km – distance between Fabriano and Roma; Fabriano and Catanzaro. 3. 0.425 million & 0.25 million – each tractor truck cost trailer & small from Fabriano to Roma. 4. 1 million & 0.55 million – each tractor truck cost trailer & small from Fabriano to Catanzaro. The cost reduction for Roma Warehouse is 11.874%. Here in Catanzaro regional warehouse, the cost actually increased. This cost can be clearly attributed to a large increase in Total Long Haul Transportation Cost from 8333 in pre transit point system to 12649 in transit point system, a significant increase of 51.79%. Question 2: Should Merloni replace its network of regional warehouses with transit points? if so, what contigency plans and support systems are necessary to support the new logistics network? if not, what changes, if any, would you recommend Merloni make to its distribution system? Answer 2:...
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...Introduction Sysco is a global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and any other customer who prepares meals away from home. Sysco currently has more than 180 locations throughout the United States, Canada and Ireland with about 400,000 customers making up their portfolio. Sysco offers a wide variety of products which range from ingredients in menu items, as well as, both preparation and serving items. From Sysco’s initial public offering (IPO) in 1970, their sales have grown from $115 million to $37 billion for the fiscal year 2010. Sysco Grand Rapids is one of the numerous Midwest offices that supply to Michigan, Ohio and Indiana. Some of their major customers in Grand Rapids are Bigby Coffee and Jimmy Johns, including many others, which Sysco has national contracts with. Sysco currently holds about 17 percent of the food service market share, which is a $200 billion industry. Some of Sysco’s major competitors that make up the rest of the market share include Gordon Food Service (GFS) and U.S. Foods, which is Sysco’s largest competitor nationwide. Sysco Grand Rapids sees the competition a little differently locally than the company does as a whole, with GFS being their largest competitor. The reason GFS is the largest competitor in Grand Rapids is because they do not serve the entire nation, rather they are more prevalent in the Midwest states. ...
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...right quantity available at the right time. Internal control is the process designed to ensure reliable financial reporting, effective and efficient operations, and compliance with applicable laws and regulations. The internal control system provides for safeguarding of assets and proper recording of transactions. This research is done about the inventory internal control system in Burger King outlets located in Portmore. Companies should store inventory in secure spacious warehouses so that inventory is not stolen or damaged. Goods and resources of similar type should be kept in the same general area of the warehouse to minimize confusion and to ensure accurate counts. In an aid to control stock most companies use physical inventory counts which are a way of ensuring that a company's inventory management system is accurate and as a check to make sure goods are not being lost or stolen or cycle counts which is conducted periodically throughout an accounting period as a means to ensure that the information in its inventory management system is correct. A company's investment in inventory is usually a large one, and it may be comprised of a large number of merchandise items that can be readily stolen and resold. If the inventory contains mostly raw materials, then keeping track of it is essential for ensuring that the production processes using it will not run short of materials. In A. Artwell’s blog, an accountant for 10years she listed the key internal controls of inventory...
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...Solved Questions |1 |Distinguish between warehouses and distribution centers. | | | | | |Warehouses emphasize the storage of products and their primary purpose is to maximize the use of storage space. In | | |contrast, distribution centers emphasize the rapid movement of products through a facility and thus attempt to maximize| | |throughput (the amount of product entering and leaving a facility in a given time period). | |2 |Explain the four ways that warehousing facilitates the regrouping function. | | | | | |Regrouping involves rearranging the quantities of products as they move through the supply chain and it takes four | | |forms: accumulating (also referred to as bulk-making), allocating (also referred to as bulk-breaking), assorting, and | | |sorting. | | |Accumulating involves bringing together similar stocks from different sources, while allocating involves breaking ...
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...Memo To: Michael Sachse From: Maya Staniucha Subject: Upgrading our Inventory System software Our inventory system has been an issue for several years, it seems to affect our job and puts a damper on our sales. I would like to bring to your attention that our warehouse runs on the same software as the inventory and we had to face some issues with the system we have today. Because of the computer system we have we could not account for all the inventory that is available on daily bases. It causes conflict with actual inventory is available in the warehouse versus what the inventory system actual states that inventory on hand and causes difficulty to sell the merchandise if unable to confirm its availability. By updating software we can better account for inventory that are incoming versus the one we have on hand. Due to the lack of communication our production is not at 100%. Investing in this software could bring up productivity of inventory , and aid our sales department with accurate information of the inventory. Further more, this software might cost the company money that is not in the budget but it will be retrieved by cutting down cost on hiring temporary warehouse employees to help us maintain the warehouse each time we get in house shipment. It also will help ship out merchandise faster to clients and cut cost in returned item that were sent out wrong. The program also lets us do a better job on making orders correct without having any issues in between. As I stated...
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...had an opportunity to visit US Foods Services Distribution Center. One of the leading retail supply chain operation business in the United States. During my tour, directed by Mr. McCollum, the operation manager for the distribution center; I was able to see how products are received, stored, and built onto pallets that are shipped to grocery shops and restaurants. Since most of the questions could not be answered, I focused my information based on observation. The strength of this paper is based on the organization’s operation process and the quality. The Process The first thing I noticed when arriving at the site was, a numerous amount of machinery moving from different directions each carrying well-wrapped pallets of products. Our first stop was the inbound dock, the area where the company receives all new products for the dry department before they are placed into storage sections. The company also has a freezer, produce, and perishable departments. The process in the dry department seems to move faster because, this section of the warehouse is equipped with a witron’s OrderPicking Machinery; a highly automated system for selecting and palletizing cartons. Once products arrive, the receiving clerks process each product by comparing the quantity received versus the amount requested, register the expiration date for each case, assign a storage location, then assign barcode numbers to help track products once in the storage area. There is a large variety of products...
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...Saddle Creek Corporation Saddle Creek Corporation Saddle Creek is a 3rd Party Logistics Services Company Service offering includes warehousing, transportation, and packaging/value adding services G-3 Enterprises Manufacturing, transportation, warehousing (beverage packaging components & logistics services) Network of 8 Regional Distribution Centers (RDC’s) – 4PL Operating over 8 million sq. ft. Rail deployment – Truck fulfillment 20+ facilities in 6 states Six 3PL operators 1,200 associates plus flex staff Variety of business systems – EDI Organizational structure and processes Relationship of Saddle Creek and G-3 Enterprises Saddle Creek began working with G-3 in 1997 Operate (3) RDC’s – DFW, ATL, FLA Warehouse, transportation & value-added 15MM cases annually throughput Metrics Program (KPIs) developed in 1999 Goals of this session What makes KPIs/Metrics Programs effective from Customer and Provider perspective? Case Study – Understanding the G-3 Metrics from both perspectives Determining if your KPIs are focused and standardized Distinguishing Metrics & KPIs G-3 Supply Chain Metrics Perfect Order Product Availability Inventory DOS Product Quality G-3 RDC KPIs Order Accuracy Inbound Timing Inventory Accuracy SCC Operation Metrics Damage/Hold Metrics/KPIs from the 3PL perspective What is an effective Metrics Program for the 3PL Operation? Relevant / Measurable / Focused / Timely Consistent...
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...methodologies and others. Those that were included in this chapter helps in familiarizing information that are relevant and similar to the present study. Foreign Literature They develop the system entitled eBarCloud. It’s an inventory management software enables you to perform web-based inventory management and cloud inventory control. It makes it easy to gather data and operate online, securely. BarCloud helps eliminate manual data entry errors and paper based files by automating the record-keeping process. The System features Check out and in, data import, mapping, maintenance, analytics, alerts, signature, active directory, asset depreciation, reporting, routing, reservations, up look up according to Elie Jean Touma and Greg Wachowiak. They develop the system entitled Bookstore Inventory System Software Design Document. This document provides a comprehensive architectural overview of the system, using a number of different architectural views to depict different aspects of the system. It is intended to capture and convey the significant architectural decisions that have been made on the system. The system features view books, manage books, manage customer info, return rental, change name and change address according to Gerson Recinos, Ho Nam Ho, Jimar Miller, Adam Wurtzel, David Altum, Francisco Diaz and Finan Bariagabr. Local Literature They develop the system entitled Circuit Warehouse Management System. It’s a web-based application that allows users to manage the company's...
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...Essay Question Marsha Thomason, an auditor with Dorrit CPAs, is performing a review of Mikhail Company’s inventory account. Mikhail did not have a good year and top management is under pressure to boost reported income. According to its records, the inventory balance at year end was $740,000. However, the following information was not considered when determining that amount. 1. Included in the company’s count were goods with a cost of $250,000 that the company is holding on consignment. The goods belong to Bakunin Corporation. 2. The physical count did not include goods purchased by Mikhail with a cost of $40,000 that were shipped FOB destination on December 28 and did not arrive at Mikhail’s warehouse until January 3. 3. Included in the inventory account was $17,000 of office supplies that were stored in the warehouse and were to be used by the company’s supervisors and managers during the coming year. 4. The company received an order on December 29 that was boxed and was sitting on the loading dock awaiting pick-up on December 31. The shipper picked up the goods on January 1 and delivered them on January 6. The shipping terms were FOB shipping point. The goods had a selling price of $40,000 and a cost of $30,000. The goods were not included in the count because they were sitting on the dock. 5. On December 29, Mikhail shipped goods with a selling price of $80,000 and a cost of $60,000 to Omar Sales Corporation FOB shipping point. The goods arrived on January...
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...lack of information. It is often that managers do not have enough time or information to make a perfect decision but they are forced to solve problems using resources within their control. Effective inventory control requires managers to ensure inventories of the right items in the correct quantities. When an organization overstocks, money is wasted since procuring, storing, and accounting for unneeded items require time, space, and money which could have been used on more critical assets. Likewise, when understocking occurs the organization will more likely to only partly meet their mission or possibly not meet the mission at all. Also, a weak inventory control system is more prone to errors and fraud. Statement of the Problem 1. How can our system generate quality use for the user? 2. Is our proposed system effective in processing needed reports? 3. How can our system guarantee the safety of the information stored? 4. How can our system reduce servile works for the staff involved in the type of field of work? Objectives of the Study This study tries to improve, introduce, and develop the use of inventory system for the ASIA GOLD CORPORATION. The system reduces work for the staff can make inputting of data at easier and faster generating outputs. Specifically this study aid to: 1. To provide inventory system for ASIAGOLD CORPORATION. 2. Lessen the work and provide the staff involved in the field of work with newer tactics in storing the information safety. ...
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...Proposal for Inventory Management and Point of Sale Systems (Public) Table of Contents Table of Contents Introduction Details of the Plan Example Situation Finding a Solution What are the requirements? Inventory Management One Solution Cost Other Requirements Narrowing Down a Solution Solutions Researched Proposed Solution Other features & thoughts: Pricing Summary Introduction As you read this proposal, please consider the women at Haitian Creations. The goal is to empower them with knowledge and to share the good news with these ladies: “My name is Joseph and I am 23 years old. I have 2 children who are 6 and 3 years old. I was living on the streets. Now, I am able to live in a home. I have worked at Haitian Creations for one year. This program allows me to pay for my children's education. I am very thankful for Heartline giving me the opportunity to learn and work. One day I would like to study and be a nurse.” - Joseph Wideleine “My name is Nehimie and I am 27 years old. It is difficult to find work and I am very excited to be able to learn and make purses. This is my first job and I have worked at Heartline for one year. I enjoy making purses and other products with my hands. One day I would like to be a clothing fashion designer.” - Nehimie Ulysse Can we help more women like this? These are women that are working hard to bring themselves out of the oppressed lifestyle they are all too familiar with from before. When I visit the program I see them studying, writing...
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