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DRIVE SPRING
2015
PROGRAM Bachelor
of Business Administration- BBA
SEMESTER 5
SUBJECT CODE & NAME BBR505-
WAREHOUSE MANAGEMENT
Qus:1
Define the term ‘Supply Chain’. Explain impact of Supply chain on Stores and
warehousing.
·
Definition
of Supply Chain
·
Explanation
of Supply chain impact on stores and warehousing
Answer:
Definition
of Supply Chain:
A supply chain
is a network of an independent organisation’s value chains that are involved in
the production and marketing of various products. The new network of these
chains targets customer satisfaction,
Qus:2
Explain the different types of customers in warehousing.
·
Explanation
of different types of customers in warehousing
Answer:
Explanation
of different types of customers in warehousing:
The types of customers
who store their products in warehouses are given below.
1. Customers having seasonal
production: Agricultural produce is harvested
during particular seasons, but they are consumed throughout the year. Thus,
agricultural produce requires a proper warehouse system
Qus:3
Give the meaning of the following:
(a) Retail replenishment
(b) Retail buying
(c) Lead time
(d) Inventory control
Meaning
of:
Answer:
(a)
Retail replenishment:
retail replenishment is
defined as the process of filling up the empty shelves of retail stores with
new merchandise. However, this definition does not address all the business
conditions of retail inventory management. The replenishment of products in a retail
store depends on several factors, such as
Qus:4
What is meant by inventory? Explain ABC Analysis.
·
Meaning
of inventory
·
Explanation
of ABC Analysis
Answer:
Meaning
of inventory:
Inventory is the goods
or products or merchandise that an organisation or business holds in stock,
whether to use or to sell. The terms use or sale may be associated with an
internal or external customer. It is essential for a retailer to manage
inventory in order to provide regular availability of a product to the
Qus:5
What is Economic Order Quantity (EOQ)? How do you calculate EOQ? What are the
objections about EOQ?
·
Meaning
of EOQ
·
Calculation
of EOQ (provide formula)
·
Objections
about EOQ
Answer:
Meaning
of EOQ:
One of the most
favoured techniques for calculating the quantity to be ordered is the economic
order quantity (EOQ). Here, two basic costs are matched—the inventory
acquisition cost and the inventory carrying
Qus:6
Write a brief note on technology aids in retail warehouse management.
·
Brief
note on technology aids in retail warehouse management
Answer:
Brief
note on technology aids in retail warehouse management:
Warehouses are
increasingly looking for ways and means to improve their efficiency and
profitability. The latest innovations have transformed the way various
functions are executed in a warehouse. An increasing number of companies are
now realising the importance of integrating technology into
Get fully solved assignment. Buy online from website
online store
or
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we will revert you within 2-3 hour or immediate
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