1. BATCH : B2 OM LOGISTICS (CLPM)
STUDY ON STORAGE,WAREHOUSING
AND
MATERIAL HANDLING
BY PRAVAT DEHURY
EMAIL : dehurypravat123@gmail.com
2. CONTENT
1. INTRODUCTION
2. STORAGE
a. Benefits and importance of storage
b. Need for storage
3. WAREHOUSING
a. Objectives of warehousing
b. Importance of warehousing
4. MATERIAL HANDLING
a. Objectives
b. Importance
c. Function
3. INTRODUCTION
In a warehouse management, material handling is commonly defined
as the “movement, protection, storage, and control of materials and
products throughout manufacturing, warehousing, distribution, consumption
and disposal”. The storage is the process of stocking materials. And this
process of stocking goods or materials is called as warehousing. The place
where the goods are stored is known as warehouse.
STORAGE
It is the process of stocking materials.
The material control, purchase control, must be matched by equally
effective stores control to avoid losses from damages and carelessness.
The store keeping is very important for all organisations for handling
various items of stores for day-to-day use.
The organisation may be small, medium and large but it must have its
separate stores department.
4. BENEFITS AND IMPORTANCE OF STORAGE
The importance of storage can be recognised with the various benefits
it provides:
1. Creation of time utility:
There are products which are produced continuously throughout the
year while consumption is seasonal. Storage enables goods to be made available
to buyers whenever they are in demand.
2. Creation of place utility:
Another function of storge is to make goods available to a buyer at his
place of business when he needs them. It creates place utility by warehouse
location, e.g. a retailer can obtain goods within a few hours or minutes by
contacting the wholesaler’s storage.
3. Finance function:
Storage helps to obtain or raise loans by providing collateral security
of the goods stored.
5. 4. Regular production:
Storage performs the function of smoothing out irregularities in
production. In the present age of competition, every manufacturer tries to
produce in anticipation of demand so as to provide free supply in the market
well in time.
NEED FOR STORAGE
The need for storage arises mainly because of the time gap between
production and consumption of goods.
1. Many commodities are consumed regularly throughout the year while their
production has seasonal character. Such commodities have to be kept in
storage in the season when they are available in plenty to be used or sold on
demand.
2. Some commodities have regular production but seasonal consumption. Such
commodities also need storage for the period when there is no demand.
3. Raw materials have to be stored to enable continuous production without
stoppage.
6. WAREHOUSING
Warehousing is the process of storing physical inventory for sale or
distribution. Warehouse are used by all different types of businesses that need to
temporarily store products in bulk before either shipping them to other location
or individually to end consumers.
OBJECTIVES OF WAREHOUSING
1. Storage Facility:
Warehouse provide the space for storing surplus goods and commodities of
businesses. Efficiently managing the physical storage space is one of the key
objectives of warehousing.
2. Enhanced safety:
Effective warehousing ensures that the goods or products should be in a
good condition as it tends to prevent material spoilage and delays. The should be
safely kept according to its need for storage.
7. 3. Optimised Production Process
Good inventory management can improve the overall productivity and
efficiency of the company. The objective of warehousing is to keep the inventory
level optimised by maintaining the supply with demand.
4. Smooth Movement of Goods
It involves the major process of transferring goods and products from one
place to another. Warehousing facilitates various functions for delivering the
goods to the customers like receiving, storage, packing, shipping etc. . It plays
an important role to store the products and help them to reach their destination
safely.
5. Easy Accessibility of Inventory
Warehouse and distribution facilities should be located in the right place so
that the supply route can help the companies to fulfil the customer demands.
Therefore, inventory should be easily accessible to serve for customers better.
8. IMPORTANCE OF WAREHOUSING
Visibility of stock
Preserve goods
Price stability
Central location of goods
Easy packing
Controlling Risk
Quality control
Price Stabilization
Effective and Efficient Distribution
Goods Security
9. MATERIALS HANDLING
Materials handling, the movement of raw materials from their native site
to the point of use in manufacturing, their subsequent manipulation in
production processes, and the transferred of finished goods from factories to
the final consumers.
1. Objectives of Material handling
(a). To increase equipment and space utilization.
(b). To reduces costs
(c). To increase capacity
(d). To improve working conditions
(e). To improve customer service
2. Importance of material handling
(a). Increase in safety
(b). Efficient material handling
(c). Decrease product damage
(d). Better customer services
(e). Improves efficiency
10. 3. Functions of Material Handling
(a). Reduce Movement of Material
(b). Material of Movement at minimum cost
(c). Easy storage of material
(d). Reduction in inventory
(e). Easy supply of material
(f). Full utilisation of plant capacity
11. CONCLUSION
After the overlooked, storage can be one of the most crucial elements to a
happy, healthy and organised living or work space. But all too often, storage is
used in homes and offices to conceal the piles of clutter that don’t have a
designated “place”.
A warehouse management system provides many benefits. These may include
real time inventory visibility, reduced costs, error-proofing, productivity or
efficiency gains.
Material handling is a key component of logistics management. Generally, we
see that any material or product when ordered is handled properly and packed
then sent to the customer. Material handling is a key activity that ensures
safety of the products as well as those dealing with the products.