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WAREHOUSE MANAGEMENT

AN INTERNSHIP REPORT SUBMITTED TO

VELS INSTITUTE OF SCIENCE, TECHNOLOGY AND ADVANCED STUDIES


(VISTAS)

(Estd. U/s 3 of the UGC Act, 1956)


In partial fulfilment of the requirement
for the award of the degree of

MASTER OF BUSINESS ADMINISTRATION- Logistics and


Shipping Management

Submitted by

R DOVEN BRITTO

21302103

Under the guidance of

Dr.S.Vasantha

Professor-Head MBA

SCHOOL OF MANAGEMENT STUDIES


VISTAS
P.V. VAITHIYALINGAM ROAD,
OLD PALLAVARAM CHENNAI-600 117

(2021-2023)

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SCHOOL OF MANAGEMENT STUDIES

BONAFIDE CERTIFICATE

This is to certify that Internship report on WAREHOUSE MANAGEMENT


Is a bonafide record of work carried out by R. DOVEN BRITTO Regno.21302103
SCHOOL OF MANAGEMENT STUDIES under VISTAS submitted in partial fulfillment of
the requirements for the award of the degree of Master of Business Administration – Logistics
and Shipping Management for the Second semester during 2021-2022 under our guidance.

Dr. S. Vasantha Dr.S.Vasantha

HOD – M.B.A (Logistics and

Shipping Management) Professor-Head MBA

Dr. P.R.Ramakrishnan
Dean `

INTERNAL EXAMINER EXTERNAL EXAMINER

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Company Certificate

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DECLARATION

I,Doven Britto.R Reg no.21302103 a student of MBA- Logistics and Shipping Management ,
SCHOOL OF MANAGEMENT STUDIES, VISTAS here by, declare that the INTERNSHIP
work titled Warehouse Management , submitted to the VISTAS in partial fulfillment of the
requirement for the award of the degree of Master of Business Administration - Logistics and
Shipping Management is a record of bonafide research carried out by me under the guidance of
Dr.S.Vasantha, Professor-Head MBA SCHOOL OF MANAGEMENT STUDIES, VISTAS
and no part of it has been submitted for any other degree or diploma.

Place: Chennai R.DOVEN BRITTO


Date:

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ACKNOWLEDGEMENT

I am very much grateful to our Chancellor Dr. Ishari K Ganesh, Dr. A. Jothi Murugan, Pro
Chancellor – Planning & Development, Dr. Arthi K Ganesh, Pro Chancellor – Academics and
Ms. Preetha Ganesh, Vice President for giving us an opportunity to study and encouraged us in
all our efforts during the program.

I would like to express my deep gratitude to our Vice Chancellor Dr.S.Sriman Narayanan our
Registrar Dr. P.Saravanan and Dr. A. Udayakumar, Controller of Examinations for all their
endeavor in educating us in this esteemed organization.

I wish to express my gratefulness to Dr. P.R Ramakrishna, Dean, for the encouragement and
guidance during the Internship. I would like to thank Dr. S. Vasantha, Professor- Head MBA
(Logistics and Shipping Management ), School of Management Studies for nurturing with a
conducive environment and for her professional insights and updates to complete my Internship
successfully.

I wish to express my humble thanks to my guide Dr.S.Vasantha, Professor Head MBA School
of management studies, VISTAS, for his/her guidance the Internship and to all faculty members
and who mentored and made us learn about managing ourselves and business organizations

I am indebted to my company/Organization Guide Mr.A.Velraj, Derector,

Company Name DextServ Technologies pvt ltd

R.Doven Britto

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TABLE OF CONTENTS

CHAPTER NO. TITLE PAGE NUMBER


I 1.INTRODUCTION

1.1 INDUSTRY PROFILE

1.2 COMPANY PROFILE

1.3 VISION ,MISSION, QUALITY


POLICY, ORGANIZATION CHART

1.4 PRODUCTS/SERVICES

II
2.DEPARTMENTS/SECTIONS
1.Accounting
2.Warehousing
3.Transportation
4.Customs clearance

III 3.SPECIAL STUDY/


OBSERVATIONS /LEARNING

IV
4.CONCLUSION

BIBLIOGRAPHY

LIST OF CHARTS

Chart.No Title Pg.No

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INTRODUCTION

Inspecting on the topic “WAREHOUSE MANAGEMENT “it was quite a good experience on
learning and working in DEXTSERV Pvt.ltd. DextServ is one of the leading software providers
for CHA, Freight forwarding, logistics and supply chain industry. Dextserv is filled by the
passion and dedication to develop, deploy and support leading edge logistics management
software for your logistics business. This project was informative and the learning exposure was
grateful and the working environment was conservating and felt privileged in work at a
wonderful atmosphere. This project report is about the techniques methods and process of
warehouse Management .

WAREHOUSE MANAGEMENT IN LOGISTICS

It consists in designing and executing a series of processes to optimize the storage of goods.
Warehouse management encompasses the principles and processes involved in running the day-
to-day operations of a warehouse. At a high level, this includes receiving and organizing
warehouse space, scheduling labor, manage inventory and fulfilling orders. Warehouse
management involves optimizing and integrating each of those processes to ensure all aspects of
a warehouse operation work together to increase productivity and keep cost low.

Technological advancement and digital platform are covering their way into most industries.
Transportation and logistics management systems have also witnessed a noteworthy
transformation in daily operation. Since the launch of the warehouse management system, the
logistics industry has transformed completely. Execution of warehouse management software

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1.1)INDUSTRY PROFILE

Technologies Private Limited is an unlisted private company incorporated on 30 December


2014. It is classified as a private limited company and is located in Chennai, Tamil Nadu. It's
authorized share capital is INR 1.00 lac and the total paid-up capital is INR 1.00 lac.

Dextserv Technologies Private Limited's operating revenues range is INR 1 cr - 100 cr for the
financial year ending on 31 March 2020. It's EBITDA has increased by 187.68 % over the
previous year. At the same time, it's book net worth has increased by 20.76 %. Other
performance and liquidity ratios are available here.

The current status of Dextserv Technologies Private Limited is - Active.

The last reported AGM (Annual General Meeting) of Dextserv Technologies Private Limited,
per our records, was held on 31 December 2020. Also, as per our records, its last balance sheet
was prepared for the period ending on 31 March, 2020.

Dextserv Technologies Private Limited has three directors - Nambilli Ajayan, Arunachalam
Velraj, and others.

The Corporate Identification Number (CIN) of Dextserv Technologies Private Limited is


U72900TN2014PTC098642. The registered office of Dextserv Technologies Private Limited is
at NO.27A-1, RAGAVA APARTMENTS, 2ND MAIN ROAD, VENKATESWARA NAGAR,
VELACHERY, CHENNAI, Chennai, Tamil Nadu.

THE MODERN SME TOFLER

THE RIGHT LOGISTICS PARTNER FOR YOUR BUSINESS

A good logistics partner is the backbone of D2C businesses. It affects your customer experience,
brand image, delivery economics and more. Mr. Nayan Ratandhyara, CEO & founder of
Shipyaari delves into economics of delivery, working capital challenge, delivery risks and
important things that you should consider when choosing a logistics partner for your D2C
businesses.

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lets an organization improve its competitive advantage by minimizing labor cost ,enhancing
customer service, improving inventory tracking accuracy, increasing flexibility, competitive edge
and responsiveness.

The company has 3 directors and no reported key management personnel.

The longest serving directors currently on board are Nambilli Ajayan, Arunachalam Velraj and
Mani Arulmurugan who were appointed on 30 December, 2014. They have been on the board for
more than 7 years.

Arunachalam Velraj has the largest number of other directorships with a seat at a total of 3
companies. In total, the company is connected to 2 other companies through its directors.

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1.2 COMPANY PROFILE

DextServ Technologies Private limited is a premier Software Development Company. We


maintain the highest value and reliability rankings among its customers, and is the most
recognized software company in India. We serve global enterprises through latest technologies
and innovations. As we develop our software, we think carefully about clients of all abilities, and
we strongly believe in the principles of personalized training. Our software is used by pupils of
all abilities, including computer illiterates to computer savvy. DextServ is a Indian Logistics
Management Software Company specialized in the Logistics Sector. We provide innovative
technologies to deliver the powerful Logistics Management System. Dext(er) and Serv(ice), are
English words which means on or towards the right-hand side and Service respectively.
DextServ is a private limited company which maintains highest value and reliability ranking
among it customers with a vision to Bring the quality & experience together with technological
innovations in the field of Information Technology for Logistics Industry. DextServ is fueled by
the passion and dedication to develop, deploy and support leading edge Logistics management
software for your logistics business. For the past two decades, the experienced personnel at
DextServ have enabled businesses to overcome their challenges, ranging from daily operational
planning to Customs clearance at board level. Extensive industry knowledge, strategic client
partnerships and agile development is the success of the DextServ's Focus ERP Solutions.
Unparalleled attention to detail combined with the support and skills of the DextServ 's Team,
ensures your business's Performance, Productivity and Profits are visible, optimized and
amplified.

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1.3)VISION,MISSION

Vision

 Bringing quality & experience together with technological innovations in the field of
Information Technology & Foreign Trade.
 To be recognized as one of the most admired company by growing and continuously
improving as an integrated single window transport and logistics company of India.
 To be committed for satisfying our valued customers need by saving the environment and
motivating our employees.
 To be a value based global organization and develop logistics to provide customers the
competitive edge.

Mission

 To achieve international standards of excellence in all aspects of Software Development


& Information Technology related Solutions.
 To attain leadership in developing, adopting and assimilating state-of- the-art technology
for competitive advantage.
 To cultivate high standards of business ethics and Total Quality Management for a strong
corporate identity and brand equity.
To help enrich the quality of life of the community and preserve ecological balance and
heritage through a strong environment co-existence.

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QUALITY POLICY

 We will continue our global expansion to ensure that we are an attractive partner to our
customers.
 Our quality management system documents the coordination of processes within our
organisation.
 We always focus on our customers and the cooperation between our customers, suppliers
and employees.
 Any quality deviations will be registered and dealt with through our quality management
system to avoid any recurrence.

 Quality objectives
 We want to:
 respect customer agreements
 focus on customer needs
 register deviations
 deal with customer inquiries prompt and professionally
 advice our customers within all types of transportation issues
 deal with deviations and claims fast and effectively.

 Quality targets
 98 % of all shipments must be:
 delivered at time agreed upon
 delivered without deficiency
 delivered undamaged
 invoiced on time

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ORGANIZATIONAL CHART

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1.4)PRODUCTS/SERVICES

Focus ERP Export Module

This module is an effective tool for filing Shipping Bills through online to Customs. The data
entry flow will be similar to filling-up of Annexure Forms. The documentation executive need
not go out of the data entry module to search for the other relevant info. Different resource
retrieval facilities are included in the data entry form itself, like creating masters for IE Code,
Consignees etc. The software is updated regularly by a team of function experts, with working
experience more than a decade in Export Management.

Focus ERP Import Module

This module is an effective tool for filing Bills of Entry through online to Customs. the online
filing feature has been designed keeping in mind the workflow of the documentation executives.
Different resource retrieval facilities are included in the data entry form itself, like creating
masters for IE Code, Supplier etc. This Module is also regularly updated by a team of functional
experts, with working experience of more than a decade in import management, to take care of
the minutest details of various aspects of the Foreign Trade, from the stages of the Import,
product classification, finding the correct rate of duty and claiming the benefits. The system
incorporates latest updates automatically through the Internet.

Focus ERP Documentation Module

This software is useful for all types/sizes of export companies. The design and user interface
makes working in this module very easy. Like other modules, this module is also designed
keeping in mind the workflow of the documentation executives. The invoice created by this
module can be easily shared with other modules of Focus for filing to Customs. Some if the
features include generation of Invoice, Packing List, Shipping Instructions, Application for
Certificate of Origin, Certificate of Origin (GSP Certificate), and Chamber Certificates of Origin.

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ConSea

ConSea is a tool for filing Consol General Manifest (CGM), Sea through online to Customs.

ConAir

ConAir is a tool for filing Consol General Manifest (CGM), Air through online to Customs.

Focus IGM

Focus IGM is a tool for filing import General Manifest (IGM), sea through online to Customs.
DextServ Technologies Private Limited Having more than 2500 clients across India, DextServ is
one of the mos

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2).Department/Sections

1.Accounting

The function of the Accounting department

 The accounting department’s focus is on the day-to-day financial activities(in flow and

outflow of the money)in the company

 It also deals with the processing of all accounting information. It records acconts

payable and receivable, fixed assets, payroll, inventory, and other accounting elements.

2).Warehousing

1. Receiving

Receiving is the first warehouse process and one of the most crucial. To perform the

receiving process properly, the warehouse should be able to verify that it has received the right

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product, in the right quantity, in the right condition, and at the right time. Failing to do so will

have consequent impacts on all subsequent operations

Receiving also involves the transfer of responsibility for the goods to the warehouse. This places

accountability on the warehouse for maintaining the condition of the goods until they are

shipped. Properly receiving cargo will allow you to filter out damaged goods and avoid liability

for them.

2. Put-Away

Put-away is the second warehouse process and is the movement of goods from the receiving

dock to the most optimal warehouse storage location. Failing to place goods in their most ideal

location can impair the productivity of warehouse operation. When goods are put away properly,

there are several benefits:

 Cargo is stored faster and more efficiently

 Travel time is minimized

 Safety of goods and employees is ensured

 Warehouse space utilization is maximized

 Cargo is easier and faster to find, track, and retrieve

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3. Storage

Storage is the warehouse process in which goods are placed into their most appropriate storage

space. When done properly, the storage process fully maximizes the available space in your

warehouse and increases labor efficiency.

4. Picking

Picking is the warehouse process that collects products in a warehouse to fulfill customer orders.

Since it is the costliest process in the warehouse, comprising as much as 55% of the total

operating expense, optimizing this process will allow you to reduce costs significantly and

increase your warehouse efficiency. Streamlining of this process should also focus on achieving

higher accuracy, as errors can have a direct impact on your customer satisfaction.

3)Transportation

Transportation

Now we come to one of the major logistics activities which is one of the most resources heavy

and revenue heavy segment of logistics. There is a single reason that transportation is costly –

Fuel. Be it petrol, Diesel or gas, fuel is costly, and it is mostly consumed in transportation

activities. This is why companies spend lakhs to control the transportation expenses because it is

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one of the highest variable expense to any company.

Transportation involves the physical delivery of goods from the company to the distributor or

dealer and from the dealer to the end customer. Generally, companies are involved only till the

point delivery happens to the distributor or the dealer. The distributor is then responsible for the

delivery to the end customer. However, transportation is a cost to the dealer as well and reduces

his profit – due to which the company has to give higher profits to the dealer – to negate his

Costs.

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4).Customs clearance

The process of customs clearance of goods starts with the filing of a shipping bill and

the ensuing activities around it. However, before you (as an exporter) try to

get customs clearance for your goods, you must satisfy a few prerequisites. The

primary prerequisites are the import export code, authorized foreign exchange dealer

code, current account for the credit of duty drawback, and license for export under

export promotion scheme.

You can any day hire freight forwarder or a broker to carry out the logistics operation.

The importance of freight forwarder or a customs broker is unmatched. An exporter’s

freight forwarder can work together with a customs broker to clear out the issues with an export
transaction.

customs clearance process

As an exporter, you will have to self-assess the duty of the export items. Under self-

assessment, you will be expected to declare the correct classification, rate of duty, the

value of the goods, and claim the exemption notification correctly while filing the

shipping bill. Documents generated at this stage include the commercial

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invoice and packing list, consular invoice, certificate of origin, insurance certificate etc.

Shipping Bill

Shipping Bill is generated through the Indian Customs EDI System (ICES) or the non-

EDI mode in case of non-EDI ports. It is filed in the prescribed format and in the defined

manner, and with supporting documents. We have separately explained the process

of generating the shipping bill in detail.

Risk Management System

Self-assessed shipping bills are processed by the Risk Management System (RMS) of the

customs department. Once done, the verification of such shipping bills will be done to ensure the

correctness of classification, value, duty rate, exemption etc. by the proper officer who may also

examine and test the goods. Thus, shipping bills, once filed electronically in the ICES through

service centre or ICEGATE will be processed by the RMS, based on which the next step will be

decided. The shipping bills will either be taken up for verification or examination, or both, or

will be given the let export order (LET) The additional assessment may be done by the

concerned officer even without the RMS red flag, by taking prior approval of the jurisdictional

Commissioner of Customs or an officer not below the rank of Additional/Joint Commissioner of

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3).SPECIAL STUDY/OBSERVATION/LEARNING

Warehouse Management System

All solutions in the WMS (Warehouse management systems) support basic core WMS

capabilities. Many also support various levels of extended WMSs. Core WMS capabilities are

the basic functions of receiving, put-away, storing, counting and picking, packing, and shipping

goods. Extended WMS capabilities are value-added capabilities that supplement core functions,

such as labor management, slotting, yard management and dock scheduling. Beyond

functionality, there are additional considerations that influence the positioning of WMS

providers. These issues contribute to the positioning of WMS providers within the WMS Magic

Quadrant. In previous years, the most compelling issues that positioned vendors in the Leaders

quadrant were the breadth and depth of their WMS offering, and the vendor's and product's

ability to handle the most complex warehouse operations. While this remains valid for the most

sophisticated operations, we have witnessed a bifurcation in the WMS market between the high-

performance, complex and

Sophisticated end of the market and the mass market where "good enough" functionality is "good

enough." This is not because companies chose to sacrifice functionality, but instead because

globally the preponderance of warehouse operations are Level 3 or below, and these warehouses

do not require nor would they use advanced functionality.

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There is a very clear market for high-end WMS solutions where performance is critical and cost

is less of an issue. At the same time, there is another very large market where other factors, like

reliability, service and support, good-enough features, and lower cost of ownership dominate.

This is a very large WMS market for what Gartner's stratification model would call Level 2 and

Level 3 warehouse environments that would be satisfied by a megasuite-vendor-provided WMS

or a less functionally robust ISV WMS offering. At the other extreme, there is a healthy,

although smaller, market for high-end WMS solutions aimed at complex and sophisticated Level

4 and Level 5 operations.

Although functionality remains at the top of the list of user evaluation criteria, there's near-

functional parity for core WMS capabilities across WMS providers. Given the mature state of the

WMS marketplace, a combination of the following vendor and product topics affects the position

of vendors in this year's WMS Magic Quadrant:

 The vendor's market understanding and its vision for next-generation WMSs and supply

chain execution (SCE)

 The adaptability of the WMS's technical architecture

 The long-term viability of the vendor and product, given the long life span of WMSs

 Current and projected growth of both revenue and total numbers of clients

 Market awareness, name recognition and reputation

 Product or vendor differentiation

 Vendor commercialization of innovations

 Integration with other applications and support for cross-functional process orchestration

 Deployment model options (e.g., on-premises/cloud or multitenant SaaS)

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 Ability to translate business goals and objectives into specific WMS functional

requirements

 The ability of vendor to employ new investments to deliver enhanced business value

 The vendor's ability to sell, implement and support global deployments

 The vendor's ability to deliver value through service, support, consulting and training

 The vendor's openness to, and support of, an ecosystem of partners

 Customer satisfaction

 SCE as a platform or SCE convergence

The following factors affect the WMS marketplace and also influenced vendor positioning in this

year's WMS Magic Quadrant:

 The marketplace for WMSs is becoming more global, with more Gartner WMS inquiries

coming from companies either domiciled in or with operations in emerging markets.

Consequently, for this Magic Quadrant, we had more stringent inclusion criteria related

to a vendor's global presence. This also affected the inclusion and positioning of vendors.

 Business and product viability, which is always a concern for buyers, has increased in

importance, given the higher concern for risk and the longevity of investments. This

affects smaller vendors that might have robust WMS products but a current size that

influences their viability rating.

 We continue to place strong emphasis on innovation and thought leadership.

Furthermore, since SCE convergence is a compelling next-generation best practice, this

weighed heavily as well. However, these changes do not mean that vendor capabilities

necessarily deteriorated from previous years. Rather, what factors influenced certain

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items, such as innovation, caused scores to change. For example, five years ago, cloud

was more of a distinguishing characteristic of innovation, but, as most vendors developed

cloud strategies, the influence of cloud diminished.

 More emphasis continues to be placed on a vendor's ability to successfully serve its

customers with solid products, along with strong service and support. The strength of a

vendor's ecosystem of partners that can enhance its ability to serve customer wants and

needs is also important. While it is important for vendors to have their own strong

internal delivery, customers prefer vendors with ecosystems of partners so they can

alternatively source services if or when needed.

Objectives of the study

1) The first subjective of the study is to understand the current warehouse management

systems of the DextServ pvt ltd. and to know the whole process of the warehouse

management at DextServ pvt ltd.

2) The second objective of the study is to highlight is chaotic warehouse management

systems and its implementaon feasibility in the logistics companies and scope beyond the

chaotic warehouse management systems

3) To know the uses benefits and applications of software in warehouse management and

implementation of warehouse services in systems and technological development of

logistics and shipping management.

4) The other objective was to know the optimized production process and smooth movement

of goods and services.

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5) Involving technologies and reducing human error and enhancement of risk management

through advanced management of warehouse management.

Methodology

The Warehouse Management in DextServ (Warehouse) at DextServ

After spending 5 days in head office of the DextServ, I went to warehouse of the DextServ.

On the day 1, I learnt the process at the warehouse so as to how the warehouse work is managed

and when the warehouse is used to keep the belongings of the customers (goods have to be used

for the commercial purpose after delivery to the consignee as the company deals in B2B).

The company mainly deals in computer parts and it constitutes about 90 % of the company's

business.

The goods which are booked from tamilnadu or the places nearby tamilnadu in part load used to

come to warehouse and materials/goods which are booked in full load doesn't go to any hub or

warehouse as they go directly to the customers.

Workload at Warehouse

On Monday, the load of work at warehouse is pretty low as the manufacturer generally closes the

operations on Sunday and hence from the manufacturers side, the goods are not delivered on

Sunday and the materials are out for delivery on Monday and Generally reaches on Tuesday and

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from Tuesday onwards the workload increases as the manufacturers again starts the operations

from Monday and due to which the workload increases from Tuesday and workload is at peak on

Saturday and Sunday as the Operation in the DextServ depends upon the manufacturers business

Process at Warehouse

 When the truck/lorry comes to the hub from the places nearby, it requires to provide a

challan in order to enter the hub and when it enters the hub,

 After sometime the seal in the lorry is opened and the lorry is ready to be unloaded.

 On the front side of the Hub, the material is unloaded depending upon the priority I.e if

the material is booked in the form of Speed trucking, (spd which costs 25/kg, also

depending upon different company's relationship with different customers) the material

will be unloaded quickly and then also loaded quickly as it has to be delivered on the

priority basis as per the requirement of the customer.

 If the material has to be delivered in air cargo or the train cargo then also the material is

quickly unloaded and then loaded because the material which is booked to be delivered

via Air or Train, will be out for delivery from the Warehouse on an urgent basis

 But if the material is booked in surface or express mode then generally the material is

kept for 6-7 days as per the demand of the customer

 When the lorry comes at the front side, the material is unloaded by seeing the CN number

of the package. Material comes in the form of part load I.e there can be material of

different customers.

 The materials can go to different places and on basis of place for which the material has

to be delivered, the material will go different to different location inside a warehouse.

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 One supervisor is assigned per truck and about 3 labors are also assigned to unload the

truck. The supervisor checks if all the materials are correctly unloaded and also ensures

that materials go to the right Spaces and if all the materials with the same CN

(consignment note) are unloaded, then the supervisor makes tick mark on that CN

number.

 And if the certain material is lost or damaged the supervisor will report to higher

authority I.e the operations in-charge of the warehouse who in turn will report to the

booking office from which the material is booked.

 And if the material is lost or damaged the COF of the material will be prepared which

would be prepared by the DextServ ltd. Which helps customer to claim the insurance of

the lost or damaged material.

 If a material is found in excess the supervisor will write excess while preparing daily

report of unloaded materials in the system.

 Same process takes place as the unloading but the materials which are to be delivered

first would be loaded outwards inside the lorry and the material which are to be delivered

at the end are loaded inwards inside the lorry

 As soon as the material is out for delivery the status in the systems is updated and the

daily delivery report is made by the supervisors of the respective lorries

 The heavy material inside the lorry is lifted by means of forklift & the normal material is

moved by pallet jack

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Forklift

Hierarchy of the WareHouse

Roles of different staffs at the warehouse.

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HUB Manager- looks after whole affairs of the HUB maintains good relationships with the

important customers, co-ordinates with the other branches.

HR manager- looks after the employee policy of the hub. Distribute portfolios to the staff.

Operations in-charge looks after the internal operations of the warehouses.

Traffic control department- clears the work load at the Warehouse and decides which lorry will

depart and when it will depart.

POD department- POD department looks after the POD’s received by the DextServ from the

customers (consignee)

Super-visor looks after the loading and unloading of the lorry and also ensures that the material

has been kept at the proper space.

Future prospects for Warehouse Management at DextServ Ltd

“The Chaotic Storage Warehouse Management Systems”

How chaotic storage works.

Identifying products and locations

A chaotic storage is possible only with warehouse management software. The software is able to

aggregate information about specific products and their locations by employing the use of

barcodes and barcode scanners. These systems allow users to print barcodes that can be used to

organize and track inventory across multiple warehouses. Barcodes hold data that can be

appropriated by a barcode scanner and used to differentiate and track of individual items within

multiple warehouses.

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Warehouses with inventory management software are able to designate locations in their

warehouse via barcoding. Users are also able to generate a type of barcode called stock keeping

units (SKUs) to identify specific products. These SKUs are scanned into various locations

throughout the warehouse. After SKUs or barcodes are scanned, the warehouse’s inventory

management system then keeps detailed records of which items are where, how many items are

located in a specific location, and anytime an item is added or removed from a location.

Picking

At a company like Amazon and Alibaba, plenty of orders come so it is not enough for pickers to

just know product locations. In order to keep up with orders, pickers need optimized routes and

processes. Data collected on products and locations is used to map out the most optimal routes

for pickers.

Instead of picking orders one at a time, pickers can pick orders in batches. So, instead of running

all over the warehouse to fulfill orders, management software will inform employees so as to

how many orders need to be picked, where it is, and the best route to get it. This eliminates

wasted time on overlap created by going to the same location multiple times to complete separate

orders and a also the manual work. These feature alone are a tremendous help, but they’re really

just a fraction of inventory and warehouse management systems capabilities.

Benefits of chaotic storage

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Coupling chaotic storage and an inventory management software enable you to take control of

your warehouse and provide a wide range of benefits. These benefits may not be obvious, but

they are plenty. They include:

 Flexibility: Empty storage space if filled up immediately, which means the warehouse

becomes more averse to the market’s demand, and you save money by not wasting

valuable storage space.

 Space: Implementing chaotic storage forces owners to organize their locations more

efficiently which enables you to store more products better.

 Accuracy: While it may seem odd to stock your products at random, this actually helps

employees avoid mix-ups, i.g., grabbing the wrong size or color item, which would ruin

an order. So, keeping a T-shirt next to the books acts as an added layer of protection

against picking errors.

 Simplicity: For new employees, it can be difficult to learn where everything is within a

warehouse. Inventory management takes the guesswork out of the picking process and

tells employees exactly where to go and what to pick. This makes it easier to employee

and train new hires.

 Optimization: Warehouses can be overwhelmingly large. Chaotic storage eliminates the

wasteful back and forth movements to fulfill an order with varied contents. These

management systems can compute an optimized fulfillment route

Implementing the chaotic storage

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Now that some of the benefits of the chaotic storage are evident and possibilities of chaotic

storage the company may be itching to get started.

First things first, a company needs to look current warehouse structure and make some

assessments. If the company does not have an inventory or warehouse management software

start shopping around.

After the company decides what management software syncs with the business you are ready to

get to the real work

. Implementing a management system can take some time hence, the company will want to make

sure it is ready to implement the WMS. The company needs a master list of all the products that

includes information like item numbers, unit of measures, descriptions, purchase cost, vendor

info, and other pertinent information. Gathering this information ensures that the company will

have all the information you need to import into a management system.

Now it’s time to put those barcode printers to work. The structure of the warehouse can be

rebuilt by establishing locations with unique barcode identifiers. These locations will serve as

storage space for the products which will also be barcoded. Then create SKUs are created to

identify products placed in these locations. After the WMS is implemented in a warehouse , and

have scanned the company’s newly barcoded products into now established locations, it is good

to go.

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Storage

Storage is the warehouse process in which goods are placed into their most

appropriate storage space. When done properly, the storage process fully

Maximizes the available space in your warehouse and increases labor

Efficiency

OPTIMIZATION OF WAREHOUSE

Optimizing your storage process is only possible when the right KPIs are

Properly tracked. Having a software that automatically calculates your

warehouse storage utilization and tracks the right storage KPIs will allow you to

Determine how efficient each aspect of your storage process is. Slotting optimization

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systems can also help you by assisting with the allocation of the beststoragelocation

for a given cargo. Lastly, utilizing the right warehouse storage system according tothe

size of your facility and product mix allows you to maximize your horizontal and vertical

spaces while improving warehouse efficiency.

Technologies involved in warehouse management

Technology in all sectors of the economy is progressing at a rapid pace. To

keep up, warehouses need to be equipped with the technologies that allow

them to keep up with manufacture, production, and consumer demand. A

smart warehouse is automated for improved productivity, efficiency, and

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accuracy, and the solutions that are implemented give flexibility and capability to the

employees and their processes.

Take a look at the technologies you should be using in your smart warehouse, with discussion on

how to keep them flexible, functional, and effective.

In addition to a reduction in human error, lower risk of injury, and the

optimisation of throughput, your automation reduces your overheads, adds

flexibility to your hours of operation, and allows you to be more accurate in

assessing your workforce requirement.

There are a number of popular tools and products available, and you should

be using the most prominent of these in your day-to-day operations,

integrated for improved performance

CONCLUSION

The universe everyday is witnessing unimaginable growth in majority of the industries. The

logistics and freight industry is one such industry that is rapidly growing. Worldwide logistics

industry is distinguished by fast technological advances and is growing rapidly than most other

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industries over the past years. With stiff competition around, the company is likely to reduce the

profitability but with proper management of operations and by proper customer desired services,

and also effectively utilizing its alliances it can maintain and improve the performance. Joint

operational ventures for developing the customized services for its steady growth. The

organization has enormous opportunities to grow beyond the expectations.

has come a long way from being just a service provider. The organization now has the value of

being an ultimate service provider for Freight, Transportation, Cross-docking and Value Adding

as per customer needs. The present scenario and the future of the organization with regard to the

management are satisfactory. The organization can increase the market share by improving with

more state of art technology. The organization can diversify into related other business areas like

Warehouses for lease to other organizations, state of art technology providers for other

organizations. More importance is to be given for HR development by having a separate

department for it. With the development of such a department, several favorable impacts such as

increase in output per employee, increased loyalty, team spirit etc can be generated.

As far as CH Robinson is concerned it can be stated that through its excellent service and

aggressive logistics service, organization has shown a noticeable increase in the market share.

However, there are some areas where the company is not at the top-most position but it can

certainly gear up in the near future and is committed to acquire that spot. On implementation of

the above recommendations, the management can lead CH Robinson to the top most position

when bench marked in the coming years.

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BIBLIOGRAPHY

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