Basic Warehousing and Inventory Operations
Terms in this set (43)
A structure or room for the storage of merchandise or commodities.
The performance of physical functions covering receipt, storage and issue of supplies.
The function encompassing the physical receipt of material, the inspection of the shipment for conformance with the purchase order (quantity and damage), the identification and delivery to
destination, and the preparation of receiving reports.
Removing the material from the dock (or other location of receipt), transporting the material to a storage area, placing that material in a staging area, and then moving it to a specific location and recording the movement and identification of the location where the material has been place.
The process of selecting and assembling inventory for shipments or for use in production or for delivery processes.
The process of sorting, packaging, labeling and staging or assembling order-picked items for shipment or delivery to customers .
The function encompassing the staging of material for shipment, the inspection of the outgoing shipment for conformance with the order request (quantity and product verification), the completeness of the delivery document, and the preparation of delivery or shipping reports.
The placing or keeping of material in an environment to prevent deterioration or damage and to facilitate handling in and out.
A storage area floor plan layout or planographs is used as an
excellent management tool for space control which enables
planning for effective use of space.
Is an inventory-tracking system that
allow you to assign locations to your
inventory to facilitate greater tracking
and the ability to store product
a portable, horizontal, rigid platform used as a base for
assembling, storing, stacking, handling and transporting
goods as a unit load, often equipped with a superstructure.
A physical storage container such as a small corrugated or plastic parts bin. Likewise a box, frame, crib or enclosed
container used to store or ship goods.
A shelving unit with physical dividers separating the storage
storage racking system specifically designed to store
"A rotating system of layers of bins and/or drawers that can store many small items using relatively little floor space. "
is the application or use of protective measures to include cleaning, drying, preservative application, protective wrapping and/or cushioning, placing the item into a container, and complete identification markings.
Protection of supplies against theft, sabotage, or other malicious acts .
Internal measures or programs established to protect supplies
from damage or destruction due to fire, unsafe practices and
" The direction and control of activities with the purpose of
getting the right inventory in the right place at the right time
in the right quantity at the right cost."
Management process dedicated to maintaining stock at levels that optimize availability at minimum overall cost.
A physical count of the on-hand quantity of an item or group of items.
Method used to categorize inventory into groups based upon certain activity characteristics.
Classes of Inventory
3. NON-MOVING or DORMANT
TYPES of INVENTORY
1. Annual physical inventory
2. Cycle inventory
3. Daily, weekly and/or monthly inventory
4. Special inventory
Physical inventory (Annual)
Typically refers to as the annual physical inventory method (or wall-to-wall inventory).
An inventory system where counts are performed continuously,
often eliminating the needs for an annual overall inventory.
Count done in different periods (Daily /Monthly / Weekly) in
a manner of affecting inventory count at the warehouse.
A system of counting of selected stocks or items for a particular purpose.
An inventory accuracy audit technique where inventory counted on a cyclic schedule rather than once a year.
The number of time per year you plan on counting an item.
Cycle Count Period
A time period used in cycle counting programs to calculate the next count date based upon the previous count date.
Min - Max System
A type of order point replenishment system where the "min"
(minimum) is the order point, and the "max" (maximum) is
the "order up to" inventory level.
States the critical level of a certain item in the inventory; the
period which guides the warehouse to alert the procurement
section to reorder the items due to condition of criticality.
In warehousing, describes the method of rotating inventory to
use oldest product first.
In warehousing, describes the method of using the newest inventory first.
The movement of materials (raw materials, scrap, semi-finished and finished) to, through, and from productive processes; in warehouses and storage; and in receiving and shipping areas.
Types of MHEs
1. Pallet truck
2. Counterbalanced Forklift truck
3. Reach truck
4. Narrow-Aisle truck
5. Very Narrow-Aisle truck
6. Order-Picker truck
7. Straddle truck
8. Tractor/trailer truck
9. Hand truck
A series of activities designed to improve workplace organization
Get rid of clutter; separate out what is needed for the operations, through all items and removed unneeded.
Systemize/Set in Order (Seiton)
Remaining items, set limits, create temporary location indicators, organize the work area; make it easy to find what is needed.
Clean everything, the work area and use cleaning as
inspection; make it shine.
The first 3's by implementing visual displays or
controls, establish schedules and methods of performing the cleaning and sorting.
The gains thru implementation of mechanisms to
sustain the gains through involvement of people, integration into the performance measurement system, discipline, and recognition.