As a supply chain management student, you have completed key aspects of the discipline throughout your qualification. In this module, you learned about the operations of warehouse management and key decisions related to it. This question requires you to reflect on your knowledge and understanding of warehouse management as a component of the supply chain. You are required to write a one-page report where you reflect on: • The role of warehouse management as a critical component of supply chain management. • Your opinion of warehouse management in creating a competitive advantage for a supply chain. • Your experience of learning the discipline of warehouse management. i.e., which sections of the module did you enjoy learning the most and which sections were more challenging to grasp? • From what you have learned, through your qualification, do you think technology can help an organisation enhance operations or do you think that by taking away the human element (operating machinery), the increased incorporation of technology is hurting the employment opportunities in South Africa? • Which component within the warehouse management discipline you enjoyed learning about the most and could this be a potential career path? Why or why not?
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
As a
throughout your qualification. In this module, you learned about the operations of warehouse
management and key decisions related to it. This question requires you to reflect on your
knowledge and understanding of warehouse management as a component of the supply chain.
You are required to write a one-page report where you reflect on:
• The role of warehouse management as a critical component of supply chain management.
• Your opinion of warehouse management in creating a competitive advantage for a supply
chain.
• Your experience of learning the discipline of warehouse management. i.e., which sections of
the module did you enjoy learning the most and which sections were more challenging to
grasp?
• From what you have learned, through your qualification, do you think technology can help
an organisation enhance operations or do you think that by taking away the human element
(operating machinery), the increased incorporation of technology is hurting the employment
opportunities in South Africa?
• Which component within the warehouse management discipline you enjoyed learning about
the most and could this be a potential career path? Why or why not?
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