Store Management in supply chain management
Transcript of Store Management in supply chain management
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Store Management
AMIT KUMAR ROY
1014370005
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Store Management & itsfacets
It is defined as that aspect of material controlconcerned with the physical storage of goods. It isconcerned with ensuring that all the activities involvedin storekeeping are carried out efficiently &
economically.
Principle facets of store management:-
Managing the stores.
Store layout, design & visualmerchandising.
Customer service.
Retail selling.
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Principle Objectives of stores
Minimizing material handling costs.Maintaining the value chain.
Proper inventory evaluation.Establishing co-ordination between
departments.
Services to user departments.Acting as buffer stock.Aids in time utility of the product.
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Types of stores
CentralizedStores
A wholesale supplier to other units. It aids in bettercontrol.
Decentralize
d Stores
Different Departments having there own stores.
CentralStore withSub Store
Main Store serving as a base to each unit of production.
Tool &Misc. Store
Responsible for issuing accessories to differentdepartments.
Warehouses
Go-downs serving the responsibility of storage of goodsin systematic manner.
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Factors affecting location ofstores.
Proximity with user departments.Security considerations.
Types of materials.Ease of transport.Good material control.
Scope for future expansion.Avoidance of boredom
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Store Layout
Defined : Physical arrangement of storage facilities forefficient receipt, storage and issue of materials is calledlayout of stores.
Factors affecting store layout: Type of stock: Deciding on nature and size of
materials to be stored. Volume of stock: Sufficient passages for un-
interrupted handling. Availability of space: Inadequate space leads tocongestion. Too much space increases cost.
Physical factors: Lighting, ventilation, controllednoise.
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Store Layout Types
Comb Layout
Stock is kept on one
side of aisle.
Tree Type Layout
Goods are placed on
either side of aisle.
Store Procedure: Material planingReceipt of material.
Storage of material.Documentation.Issue of materials.Valuation of stock.(FIFO,LIFO,HIFO).
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Achieving Competitive Advantage
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Business process & info 4store management
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Wal*Mart stores-Mike duke
Wal-Mart Stores
The flagship retail division of Wal-Mart Stores, Inc.
36 departments including family apparel, health & beauty aids,household needs, electronics, toys, fabrics & crafts, lawn & garden,
jewelry and shoes
Operate on an "Every Day Low Price"philosophy and are able to maintain their
low price structure through conscientiousexpense control .
Provide departmental directories, 24-hourservice, and self-scanning registers for fast,efficient checkout service
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Closure Note
Supply Chain Management (SCM) was once a "pie in thesky" concept that could not be fully achieved. A key barrierwas the cost of communicating with and coordinating
among the many independent suppliers in each supplychain.
SCM is possible because of three changes:Technology has developed that simplifies
communication.
New management paradigms have developed thatare shared among supply chain members. coordination efforts. and the development of a highly
trained workforce .
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References
Supply chain management- R.V.ALTEKARSCM Concepts & Cases- Sunil chopra.
www.ibm.com/stores/managementwww.store.walmart.comwww.casestudynic.in/scmLogistics & supply chain management- D.K
AgrawalSupply chain management- THAKUR
PUBLIC.N.
http://www.ibm.com/stores/managementhttp://www.store.walmart.com/http://www.casestudynic.in/scmhttp://www.casestudynic.in/scmhttp://www.store.walmart.com/http://www.ibm.com/stores/management -
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