Material management storage functions include?
1. Receiving: This function involves checking and accepting incoming materials or products into the storage facility. The received goods are inspected for quantity, quality, and condition before being placed in storage.
2. Putaway: After receiving the materials, they need to be organized and stored in appropriate locations within the storage facility. The putaway process involves assigning specific storage locations based on factors such as product characteristics, demand patterns, and accessibility.
3. Inventory Control: This function involves maintaining accurate and up-to-date records of all materials in storage. Inventory control includes tracking stock levels, conducting regular stock counts, and reconciling any discrepancies. It helps to ensure that the right amount of stock is available when needed and prevents stockouts or overstocking.
4. Order Picking: When an order is received, the materials or products need to be retrieved from the storage location for packaging and shipping. Order picking involves identifying the correct items, selecting the required quantities, and preparing them for dispatch.
5. Packing and Packaging: Materials may need to be packaged or repackaged before they are shipped to customers or transferred to other locations. This function involves ensuring that the materials are properly protected and labeled according to customer requirements or transportation regulations.
6. Dispatching: Once the materials or products are packed and ready, they need to be dispatched to the appropriate destination. This function includes arranging transportation, preparing shipping documents, and coordinating with carriers for timely and efficient delivery.
7. Replenishment: As materials are picked and dispatched, the stock levels in the storage facility decrease. Replenishment involves monitoring stock levels and initiating the procurement or manufacturing process to ensure that the storage facility always has the required amount of materials available.
8. Returns Processing: In case of product returns or customer cancellations, the storage facility needs to handle the reverse logistics. Returns processing involves inspecting and assessing the condition of returned items, determining whether they can be resold or need to be disposed of, and updating inventory records accordingly.
9. Space Utilization and Layout Design: A crucial function of material management storage is optimizing the use of storage space. This includes designing an efficient layout for storage racks, shelves, and bins to maximize storage capacity, minimize handling time, and ensure ease of access.
10. Security and Safety: Storage facilities need to implement security measures to protect materials from theft or damage. This includes installing surveillance systems, implementing access control measures, and implementing safety protocols to prevent accidents and ensure the well-being of employees working in the storage facility.