Warehouse Inventory and Management

WAREHOUSE INVENTORY
AND MANAGEMENT
Warehouse Inventory and Management 0

Warehouse Inventory and Management 1
Table of Contents
Introduction......................................................................................................................................2
Sustainability with warehouse.........................................................................................................2
IWAY standards..........................................................................................................................3
Inventory Management Policy.........................................................................................................3
Pillars of inventory management plan.........................................................................................3
Cost- Per-Touch.......................................................................................................................4
Maximum/Minimum Replenishment.......................................................................................4
Flow.........................................................................................................................................4
Low Flow.........................................................................................................................................4
High flow.........................................................................................................................................5
Beer Game.......................................................................................................................................5
Efficacy of WMS.............................................................................................................................6
Conclusion.......................................................................................................................................6
References........................................................................................................................................7

Warehouse Inventory and Management 2
Introduction
IKEA is the largest home furnishing company. IKEA has adopted the strategy of sustainability to
focus on the efforts of its full value of chain from its raw material related to the lifestyle of IKEA
customers (Port, 2018). The policies of IKEA is based on wood. This also provides the 60% of
the Group’s total requirement in volume. This is the level of key of the organization to enhance
its good impact on sustainability. Dubai (UAE) is the new distribution center of IKEA that
represents one of the largest warehouse investment in the region (Detwiler, 2014). Appropriate
systems of warehouse, processes, inventory management theory, concepts, information systems
and inventory operations has been covered in the following discussion.
Sustainability with warehouse
This organization is the word biggest house furniture retailer has 298 stores in 37 countries.
Every store of IKEA is big and have more than 9500 products. IKEA have more than 1300
customers worldwide.
IKEA store supports the facilities of high flow and low flow of warehouses that are manual.
IKEA facilities of high-flow warehouses, it have retrieval systems and automatic storage to drive
down its costs-per-touch. This strategy of IKEA have present it the world’s most leader retailer
of furniture (Minh, 206).
Example – The warehouse of IKEA in UAE is a colossal piece of engineering. There are more
than 200 employees in the warehouse. This holds capacity to handle 120000 cubic meters in
conventional racking on eight levels of storage. The storage of the store is 100000sqm. This is
split in two sections with 180 parking spaces and 134 loading docks. The reason behind the
development of store is to bring IKEA closer to the local market, and shortening the supply chain