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BBR505: WAREHOUSE MANAGEMENT
Qus:1
Assuming that you are appointed as a warehouse manager, what are your roles
& responsibility?
·
Roles
Ans:
The
roles & responsibility are:
The job
description of a warehouse manager comprises the following elements:
1.
Overseeing
the warehouse functions to ensure methodical receipt, storage, inventory
management and despatch of
Qus:2
What are the challenges in warehousing of a retail sector?
Ans:
The
challenges in warehousing of a retail sector:
1. Speed: Today, the customer is more impatient
than ever before. He/she expects their demands to be fulfilled instantaneously.
As a result, retailers, especially those dealing in fashion products, do not
have the time they once had to forecast fashion for the next year, develop
products, test them in the markets, have previews for customers and then launch
them. Today, they have very little time to
Qus:3
Describe the different types of suppliers.
Ans:
The
different types of suppliers:
The different
types of suppliers are:
A retailer can depend on one or
more suppliers. There are a number of alternatives that a retailer may consider
as a
Qus:4
Explain how EOQ is calculated?
·
Methodology
Ans:
How
EOQ is calculated:
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:5
Define GMROI.
·
How GMROI is
calculated?
·
Definition GMROI
·
GMROI is
calculation procedure
Ans:
How GMROI is
calculated:
Retail managers are accountable for
managing retail assets and realising a return on these assets, which are mainly
inventory, we can use a model where return on assets is used to plan and track
performance.
Qus:6
Explain the different types of warehouse structures.
Ans:
The
different types of warehouse structures:
Different types of warehouses have
different structures. Some of these are:
a.
Heated and unheated warehouses: These warehouses provide bulk, rack and bin storage, aisle
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