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Mars Inventory Re-measurement Project

   

Added on  2022-12-29

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Business DevelopmentFinanceLeadership Management
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Running head: MARS INVENTORY RE-MEASUREMENT PROJECT
Mars Inventory Re-measurement Project
Name of the Student
Name of the University
Author Note
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MARS INVENTORY RE-MEASUREMENT PROJECT1
Table of Contents
Introduction................................................................................................................................2
Introduction to Cardinal WMS and TMS technology systems..............................................3
Cardinal WMS technology system.....................................................................................3
Cardinal Logistics TMS system.........................................................................................5
Introduction into 3PL business processes..............................................................................9
Using the above to locate individual Mars SKU’s and measure their volume and mass.....11
Input data into an excel spreadsheet.....................................................................................13
Benefits that can be gathered by Cardinal Logistics with Pitan TMS system using EDI....14
Report on overall project findings and the effect on Cardinal Business as a whole............15
Conclusion................................................................................................................................17
References................................................................................................................................20
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Introduction
Every organisation is found to be utilising the benefits of warehouse management
system or WMS for the organisation to have several advantages added to the business
process. it is normally software application that is utilised by organisation to feasibly control
and manage the warehouses that the organisation handles according to the day to day
operations. In addition to that, the software also happens to guide through the way in which
any addition to the inventory is accepted within the warehouse and how it can be optimised,
picked, packed or even shift for the requirement of the orders. Sometimes they are also found
to be implementing the on permutations and combinations to produce such a system that
would also advise on how the inventory addition and subtraction can be utilised for the
perfect replenishment. a warehouse management system provides several benefits to the
organisation and this is why various organisations look out for a successful implementation
of Warehouse Management System software application. the organisation might also be
looking forward to design and optimise the functionality within the warehouses controlling
the centre management distributed equally throughout every business corporation regarding
the warehouse management (Marchet et al., 2017). In addition to that there are several
benefits that WMS can provide a business. this also includes the optimisation of various
processes within the organisation, the allocation of efficient labour for the appropriate
business operation, the boosting up of employee morale, establish a proper enhancement of
the supply chain management further evolving the customer relationships, reducing the total
operational expenses for the organisation having a better balance for management of
inventory within the organisation even if there is a huge number of input and output from the
inventory, proper integration of the ERP system that the organisation uses to handle the
warehouse and manage them and also suggest a proper way by which the security and safety
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for the management of the warehouse operations including the inventory information is
maintained throughout.
This is why the following report would identify the Cardinal WMS and TMS
Technology systems along with the 3PL business processes, and the ways by which the
location of the individual customer measurement for volume and mass would be utilised, the
input data, the correct update of all the values in the Pitan TMS with the report of the overall
project findings and their effect on Cardinal Logistics business as a whole.
Introduction to Cardinal WMS and TMS technology systems
Cardinal WMS technology system
It has been found that Cardinal Logistics usually utilizes the Automated Inventory
Management for its warehouse management system or WMS. The automatic inventory
management is a new technology that most efficiently handles the warehouse management
for Cardinal Logistics. there are several benefits of implementing a warehouse management
system that is being enjoyed by the organisation and for that is well the organisation believes
in having an automated inventory management system so that both time and money for the
organisation is saved. in any business organisation time and money is considered to be the
most valuable of all provided all the management of the systems is dependent upon both
these factors. The primary involvement of benefits, profit or losses are all dependent upon
time and money and this is what the organisation has been looking forward to save with the
utilisation of automated inventory management. the stock room that the organisation has for
its warehouses is able to be managed in a very feasible manner with this technology. it is
mostly found that an automated inventory management system is able to manage the small
free setup for the stock rooms as well with locations mentioned in barcode and also, they are
extremely potent in identifying minimum and maximum levels of the stock rooms. in addition
to that there are various levels added to the automated inventory management system that
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helps in in the organisation to handle a lot of warehouse management operations and also
with the help of this technology they are not charged as much for the technician if any issues
are found to be replacing the staff functions. It is also found that the technology provides a lot
of innovative management systems for the organisation including the weekly and monthly
recounts performed at regular interval, placing the purchase order for replenishment,
receiving the material at the time of its arrival, paying for the freight of inbound, restocking
the appropriate bins. Simply putting it forward, an automated inventory management system
is a technology that helps in adding two successful programs for a warehouse management
system which helps in adding, deleting, transferring, editing the product data present in the
inventory for the business. it also helps in collect all the product data from the suppliers
through the utilisation of the company website and with the implementation of the data that
our feet in the website, they extract it within a form of an XML or a CSV file (Mooney,
2015). The extracted data may also have the possibility of forming into some other type of
files and all the data are then push to the website. mostly the organisation utilizes the
automated inventory management system for the benefits that they provide the organisation.
The benefits can be listed in details as follows:
The product has huge skill about the photography skills and which is
extremely important for the organisation. It also helps in having high quality
product images which as a potential of increasing the sales for the organisation
at the top most priority level.
The technology has the potential of saving time immensely even with huge
number of data entry. This provides much more time to the organisation for
marketing and development of the store for the organisation as a whole.
It can also help in the reduction of cancelled orders with the help of the
manual inventory management so that the people handling the warehouse
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management system can track down the inventory within themselves.
However, it becomes much more difficult for manual inventory management
to reduce the cancelled orders if it gets out of stock for the order has to be
backordered. for these cases the automated inventory management system
provides no need for manually updating the quantity of inventory if there is a
cancellation, backorder or even out of stock orders.
The accuracy of data with the utilisation of automated inventory management
system helps the warehouse in such a way that the manual typing procedure
that used almost 3 to 4 hours can be reduced. the manual typing process only
included copy pasting the product descriptions and there were huge chances of
making so many mistakes for the same system. this is why the automated
inventory management system would also help in handling the manual
updating process for the inventory quantity e and there will be no wrong
typing, popping or testing of wrong product SKU.
With the automated inventory management system there would be no
production of old data for the inventory items, including the description and
pricing data for the products. As soon as there would be any update for the
product from the end of the supplier it would be readily added to the inventory
data and the website at the same time would be updated readily.
This is why the automated inventory warehouse system was utilised by Cardinal
Logistics so that all the benefits that the technology provides the organisation can be enjoyed
throughout without any problem arising for handling the inventory for the organisation
related to the management of inventory and other technological factors.
Mars Inventory Re-measurement Project_6

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