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Submitted by Amita Makkar Neha Sutar Rahul Katoch Rashmi Batra Rohit Tharwani
We are very thankful to our Faculty Prof Ritu Khanna who have given us such an opportunity to work on this project of Management Information system .
1. Introduction of Company
2. Introduction About Warehouseing Management System
3. Features of WMS
4. Benefits of WMS
5. WMS in Toyota
Introduction of Company
Toyota Motor Corporation (Japanese:
Jid sha Kabushiki-gaisha (TYO: 7203), commonly known simply as Toyota, is a multinational corporation headquartered in Japan and the world's largest automaker by sales. Toyota employs approximately 320,808 people worldwide. The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Toyota also owns and operates Lexus and Scion brands and has a majority shareholding stake in Daihatsu and Hino Motors, and minority shareholdings in Fuji Heavy Industries, Isuzu Motors, Yamaha Motors, and Mitsubishi Aircraft Corporation. The company includes 522 subsidiaries Toyota is headquartered in Toyota City, Aichi and in Tokyo. In addition to manufacturing automobiles, Toyota provides financial services through its divisionToyota Financial Services and also builds robots. Toyota Motor Corporation (including Toyota Financial Services) and Toyota Industries form the bulk of theToyota Group, one of the largest conglomerates in the world.
Introduction About Warehouseing System
A warehouse management system, or WMS, is a key part of the supply chain and primarily aims to control the movement and storage of materials within a warehouse and process the associated transactions, including shipping, receiving, put away and picking. The systems also direct and optimize stock put away based on real-time information about the status of bin utilization.
Warehouse management systems often utilize Auto ID Data Capture (AIDC) technology, such as barcode scanners, mobile computers, wireless LANs and potentially Radio-frequency identification (RFID) to efficiently monitor the flow of products. Once data has been collected, there is either a batch synchronization with, or a real-time wireless transmission to a central database. The database can then provide useful reports about the status of goods in the warehouse.
The objective of a warehouse management system is to provide a set of computerized procedures to handle the receipt of stock and returns into a warehouse facility, model and manage the logical representation of the physical storage facilities (e.g. racking etc), manage the stock within the facility and enable a seamless link to order processing and logistics management in order to pick, pack and ship product out of the facility.
Warehouse management systems can be stand alone systems, or modules of an ERP system or supply chain execution suite
In its simplest form, the WMS can data track products during the production process and act as an interpreter and message buffer between existing ERP and WMS systems. Warehouse Management is not just managing within the boundaries of a warehouse today, it is much wider and goes beyond the physical boundaries. Inventory management, inventory planning, cost management, IT applications & communication technology to be used are all related to warehouse management. Warehouse management deals with receipt, storage and movement of goods, normally finished goods, to intermediate storage locations or to final customer. In the multi-echelon model for distribution, there are levels of warehouses, starting with the Central Warehouse(s), regional warehouses services by the central warehouses and retail warehouses at the third level services by the regional warehouses and so on. The objective of warehousing management is to help in optimal cost of timely order fulfillment by managing the resources economically.
Warehouse Management = "Management of storage of products and services rendered on the products within the four wall of a warehouse".
Essential Features to Look for in a WMS 1. Integration with advanced radio-frequency and bar coding technologies.
2. Complete back-office integration with Order Entry, Inventory Control, and Purchase Orders modules
3.Scalability to accommodate future business growth. 4. Real-time inventory updates. 5. Hand-held interface. 6. Advanced reporting capability . 7. Support for multiple picking methods. 8. Compliance labeling and ASNs. 9. Automated inventory receipt and assisted put away.
Benefits of Warehouseing Management System 1. Increase customer satisfaction Register goods as they arrive at the warehouse, so that they are visible throughout the system before they have been placed in inventory. You can reserve items for customers, including items from a specific location or batch, while entering a sales order. This reservation is recognized by all functions in Microsoft Dynamics AX, such as inventory counts, planning of production and others, to help ensure that customer demands are satisfied
2. Get complete overview of Inventory In order to track items internally and throughout the supply chain, you can automatically have inventory stamped with a number linked to shipments and deliveries. For improved traceability, Warehouse Management system lets you create as many serial or batch numbers for the automatic numbering of items as you require. Determine the exact location of a specific item in your warehouse with inventory dimensions, which can include information regarding warehouse batch number, location, pallet ID and serial number. Inventory dimensions are also a powerful tool to track serial and batch numbers and can be used to get a clear overview of items in your warehouse.
3. Reduction in inventory paperwork Implementation of a real time WMS can significantly reduce the paperwork traditionally associated with warehouse operations, as well as ensure timely and accurate flow of inventory and information. Receiving reports, pick tickets, move tickets, packing lists, etc., which are typically maintained as hard copies, can all be maintained electronically.
Improved cycle counting
Companies can use WMS to capture relevant data (e.g., frequency of movement, specific locations, etc.) to systematically schedule personnel for cycle counts. Such cycle counts not only can improve the accuracy of inventory records for planning. purposes, but also can eliminate or reduce the need for complete, costly physical inventories.
5. Reduced dependency on warehouse personnel Implementing a comprehensive WMS facilitates standardization of inventory movements, picking methods, and inventory locations. This standardization helps to minimize reliance on informal practices, resulting in reduced training costs and lower error rates. 6. Enhanced customer service. By streamlining processes from order to delivery, companies can more accurately determine product availability and realistic delivery dates. A WMS can automatically identify and release back-ordered inventory and also can reduce returns as a result of increased shipment accuracy. 7. Improved labor productivity. A WMS helps optimize material flow, typically by incorporating several inventory picks into one or by "cross docking". Cross docking is a process that routes incoming shipments to the location closest to the outbound shipping dock, thereby reducing warehouse handling.
Why Companies (WMS)
Not every warehouse needs a WMS. Certainly any warehouse could benefit from some of the functionality but is the benefit great enough to justify the initial and ongoing costs associated with WMS? Warehouse Management Systems are big, complex, data intensive, applications. They tend to require a lot of initial setup, a lot of system resources to run, and a lot of ongoing data management to continue to run. That¶s right, you need to "manage" your warehouse "management" system. Often times, large operations will end up creating a new IS department with the sole responsibility of managing the WMS.
The Reality: The implementation of a WMS along with automated data collection will likely give you increases in accuracy, reduction in labor costs (provided the labor required to maintain the system is less than the labor saved on the warehouse floor), and a greater ability to service the customer by reducing cycle times. Expectations of inventory reduction and increased storage capacity are less likely. While increased accuracy and efficiencies in the receiving process may reduce the level of safety required, the impact of this reduction will likely be negligible in comparison to overall inventory levels. The predominant factors that control inventory levels are lotsizeing ,lead times, and demand variability. It is unlikely that a WMS will have a significant impact on any of these factors. And while a WMS certainly provides the tools for more organized storage which may result in increased storage capacity, this improvement will be relative to just how sloppy your pre-WMS processes were. Beyond labor efficiencies, the determining factors in deciding to implement a WMS tend to be more often associated with the need to do something to service your customers that your current system does not support (or does not support well) such as first-in-firstout, cross-docking, automated pick replenishment, wave picking, lot tracking, yard management, automated data collection, automated material handling equipment, etc.
Reduce costs through effective Warehouse processes: y y y y Directed pick and put away Picking items can be performed in different ways: per order, to stage Putting items away either into the Warehouse or cross-dock to shipping Replenishment of bins based on predefined maximum or minimum bin quantities Take items from or place items in inventory without selling or purchasing them Pick or put away items without using a source document.
ADCS ± Automated Data Capture Systems
Achieve cost savings by streamlining your inventory management processes: y y y Collect and use accurate, real-time inventory data. Simplify and speed up your data capture system using radio frequency technology. Increase the visibility of accurate inventory data throughout your company. Maintain and increase inventory accuracy by verifying inventory record data. Differentiate the counting frequency per item or stock keeping unit. Financial Management Manufacturing Distribution Marketing and Sales Service User Portal Commerce Gateway Commerce Portal
Additional Application Areas of Microsoft Navision
y y y y y y y y
Toyota Company Use WMS
Toyota Industries is developing and manufacturing information systems, such as the Warehouse Management System (WMS), and the stocking management system for automatic warehouses. When combined with the logistics equipment of TOYOTA Material Handling Company, we are able to provide our customers with optimized logistics solutions at their worksite.
Toyota Comprehensive Warehouse Management System (Toyota WMS)
The ³T-WINS LS´ provides comprehensive management for warehouses and logistics centers of the entire process from the time goods are received, to are managed, muri, mura, and muda (waste, unevenness, overburden) are eliminated, and daily improvements are supported
With we came to an conclusion that Management information system is an Important part of any organization with implementing of these kind of software company can increase there efficiency of work and can do work more accurately.
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