Strategic Warehouse Management Assignment Example | Topics and Well Written Essays - 2000 words

Strategic Warehouse Management - Assignment Example It can assist in an entity monitor and keep track of the quantity of finished goods, raw materials and work in process the company the firm holds at hand. To make a decision on stock purchase, production schedule and allocation for warehousing needs the management would require information in the inventory control system. For small business, inventory control system through warehousing can be an efficient channel to keep cost low and efficiently deliver products that meet customer demand. For business involved export and importation warehousing helps in keeping track of the finished goods, which the shipping department uses to control and store products. It is through warehousing and inventory control system that a firm can ship products to its clients efficiently and in a timely way. Business incurs cost in delivery of goods associated with inputs and output. Every business will always aim to cut cost. Warehousing system, therefore, help control cost by controlling the amount of materials the business must keep on hand. Specific requirement are mandatory in designing the warehouse. Considering the fact that it’s a multipurpose store, the designer should be keen on ensuring warehouse space functionality and efficiency and at the same time ensuring safety and comfort-ability of the environment for the employees. Warehouse enhances productivity and control, reduce operating costs, and enhance customer service. The design should also be one that maintain a corporate image and provide for worker satisfaction. The physical aspect in terms of image and esthetics, landscaping and worker safety and comfort, are also very important consideration. First and foremost the design for the warehouse the design be based on the current and future needs of the firm. The design should be able to facilitate changes in business or agency growth, and size of staff of officers required to

Paper analysis Essay Example | Topics and Well Written Essays - 1000 words

Paper analysis - Essay Example The surplus agricultural products will feed both the people working in the farm and those in other economic sectors. On the other hand, lack of adequate natural resources is not a limitation to economic growth because; In the process of economic growth, economic activities depend much more on the use of physical and human capital. Countries like Japan and other South East Asia countries have made themselves economic growth with limited natural resources endowments, and have used more of the physical and human capital. Human resource is the physical labour and the stock of labour in the form of skills. A large labour force implies a more productive manpower to offer services to the various industries. A strong education based economy can produce a skilled labour force. This in return will improve the living standards of its employees through the salaries the workers receive from the services they lender. (iii) Capital contributes to the growth by overcoming the bottlenecks in agriculture. The limited availability of fertile land for cultivation can be overcome by raising arable land production via intensive farming. According to Walter Rostow’s, describes economic development to follow a certain order to achieve full development of the economy. He argues that within civilization chronological economic stages of modernization are followed. Walter identifies five stages; these stages include; 2. The precondition of take-off: this is the second stage of development. During this stage of development, the rates of investment are getting high. This kind of development comes as a result of the industrial revolution. The produce from agriculture is, therefore, further processed in the developed industries. Workforce of the primary sector becomes redundant. This stage may last for about a century. 3. The take-off: in this stage there is dynamic economic growth. The main feature in this platform is the capability of the economy to withstand its progression. This