CHAPTER 15 Inventory and Warehouse Management
Planning, replenishing, consuming, and shipping inventory in an optimal manner can save millions by reducing obsolescence and increasing the inventory turns. These business processes consume a lot of labor and equipment to store, retrieve, and move these materials. For example, to move a pallet, you may need a pallet jack or a fork truck and a employee who is trained to work with that equipment. To pick peaches, you might just need a peach picker and no specific equipment. Using these resources in an optimal manner is a very important objective for warehouse managers. Figure 15-1 shows the different types of material transactions that take place in a warehouse.
FIGURE 15-1. Material handling tasks ...
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