UESTION 3 Space and equipment are major components of cost in warehouse management. Cube utilization refers to the efficient use of space in the warehouse both on the floor and in height. You are reviewing the efficiency in relation to space utilization in the warehouse. (a) The following information is identified for some of the stock items in the warehouse. Stock keeping unit(SKU) | Number of Pallets SKU 010 2 SKU 020 5 SKU 030 13 SKU 040 7
QUESTION 3
Space and equipment are major components of cost in warehouse management. Cube utilization refers to the efficient use of space in the warehouse both on the floor and in height. You are reviewing the efficiency in relation to space utilization in the warehouse.
(a) The following information is identified for some of the stock items in the warehouse.
Stock keeping unit(SKU) | Number of Pallets
SKU 010 2
SKU 020 5
SKU 030 13
SKU 040 7
SKU 050 4
a) The pallets are being stored 3 high. Calculate the percentage utilisation in the warehouse?
(b) It is found that the low rate of space utilisation is because the warehouse is using a fixed location method of storage. Recommend two other methods of stock location the organisation can use giving reasons why?
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