This week’s topics
Inventory storage and location control
- Pallet racking and shelving systems
- FIFO and LIFO rotation methods
- Fixed and dynamic location systems
- Stock accuracy auditing
- Inventory Management in Supply Chain
What you will be able to do
- 2.1 Describe methods of inventory storage, stock rotation and location control.
Activity
Start with this week’s video, then: Seminar, guided reading and a short written task: describe methods of inventory storage, stock rotation and location control.
Study materials
Videos
- Managing Stock Explained | Bar Gate Stock Graphs, JIT, Procurement & Logistics · YouTube · Two Teachers · 10 min · for registered students
- How To Layout Your Warehouse Locations | Warehouse Management · YouTube · Distribution & Warehousing Tips · 9 min · for registered students
Further resources
- Introduction to Logistics, ch. 5: Warehousing · Reading · Other, textbook chapter; PDF pp. 100–126 · for registered students
- Warehousing and storage: A guide to health and safety (HSG76, 2nd ed. 2007) · PDF · Hse, guidance; 155 pages · for registered students
- Operations Management (Fanshawe), ch. 13: Inventory Management · Reading · Other, textbook chapter; PDF pp. 565–600 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.