Nobody downloaded yet

Warehouse Performance Measurement - Case Study Example

Comments (0) Cite this document
Summary
Improving the value of the goods stored in such warehouses is likely to lead to a more efficient warehouse. Warehousing managers have adopted several strategies to…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96% of users find it useful
Warehouse Performance Measurement
Read TextPreview

Extract of sample
"Warehouse Performance Measurement"

Download file to see previous pages Understanding the importance of technology is crucial in value addition. Primarily, much value is lost from damaged goods or expired goods. With scanning technology, it is very easy for an organization to maintain a record of all products, those damaged and those that came in first, ensuring that they are sold earlier than those that come in later.
Secondly, another approach that is heavily relied upon conventional warehouses to add value to goods in stock is to increase efficiency. Although technology is mainly centered on improving the value of goods in warehouses, several other strategies are in use by warehouses to add value to their goods. Maintaining efficiency in the storage and withdrawal of goods from the warehouse could help add value of the goods. Primarily, by recurrently monitoring the stock and assessing its safety is vital to adding value to goods. Broken products, for instance, cannot be identified unless there are constant routine checks. Monitoring stock can be done orally and damaged goods can be eliminated from the warehouse, returned to seller or back the manufacturing unit for servicing or to aid in the creation of other products. Recycling damaged goods is a sure way to save on manufacturing and warehousing costs as otherwise, the damaged goods would be disposed.
There are several measures of warehouse performance have been established. Primarily, the main measure is efficiency. Efficiently managed warehouses perform well. As such, efficiency in the inventory taking process, space allocation and use, and quality and cost control. Successful warehouses not only have good organization, but also save on costs (Richards, 2011). Efficiency helps reduce on costs of managing a warehouse and hence improves the performance of a warehouse. In addition to the proposed strategies pertaining to the performance of warehouses, several measures are used to evaluate warehouse ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Warehouse Performance Measurement Case Study Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/professional/1696796-warehouse-performance-measurement
(Warehouse Performance Measurement Case Study Example | Topics and Well Written Essays - 750 Words)
https://studentshare.org/professional/1696796-warehouse-performance-measurement.
“Warehouse Performance Measurement Case Study Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/professional/1696796-warehouse-performance-measurement.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Performance Measurement
...? xxxxxx No. 12345 (Business) Performance Measurement ABC xxxxx xxxx College Department of xxxxx xxxxxx 22 April, 2013 Table of Contents Contents Page No Introduction 03 Balanced Scorecard: A Literature Review 05 Methodology 10 Balanced Scorecard Today: Tesco PLC 11 Financial Perspective 13 Internal Perspective 16 Customer Perspective 19 Operations Management Processes 21 Appendices 25 References 38 1. Introduction Tesco is the largest UK based chain of grocery, centrally located at Cheshunt in United Kingdom, and it has a market dominance having a share of about 30%. As far as global ranking is concerned, it is at No.3 after Wal-Mart and Carrefour. Tesco operates in 14 countries from Europe, America, and...
20 Pages(5000 words)Research Paper
Performance Measurement to Performance Management
...1 - Management's primary tool in decision making is the constant measurement of the employees' performance in terms of products (quality and quantity) and quality of services rendered in line with the company's objectives and over all organizational performance. After the initial management step of planning, the company standards and goals are immediately set up and everyone's actual performance is compared with these standards. Sound business decisions crop up as to determine whether to hire, fire, train etc. When performance is at par or even better than standards previously set, then the business' financial condition also improves. Budgets are...
26 Pages(6500 words)Essay
Financial Performance Measurement
...FINANCIAL PERFORMANCE MEASUREMENT Introduction Capital has been proved to be the driving force of every business organization. The amount of capital available to an organization usually comes as a determinant of the level that the organization has to operate. A company with large amount of capital will be able to operate at a high level of activity. At this level the company can purchase in large quantities and also carry out promotional services hence increasing the viability of the business. The organization management therefore should do a good planning for the organization capital. The planning of capital by the management should put in mind the following aspects. The activities to be carried out by...
6 Pages(1500 words)Essay
Performance Measurement
...Running Head: PAPER ANALYSIS Paper Analysis Performance Measurement Paper Analysis: Performance Measurement Strategic control: meshing criticalsuccess factor with the Balanced Scorecard by Paula van Veen-Dirks and Martin Wijn The authors of the article emphasize an increasingly recognised importance of non-financial criteria in performance measurement and offer as an emerging strategic tool a combination of two popular approaches - the Balanced Scorecard and Critical Success Factors. They argue the given combination can serve effectively as "a system for strategic validation and learning", eliminating some of the drawbacks of both models...
5 Pages(1250 words)Book Report/Review
Performance Measurement and Analysis
...the waste. 3) The gaps in the benchmark performance of the Coors suggest that higher cost may be the main reason behind this deviation from the industry performance. Coors have limited number of plants in US therefore its supply chain management might be costing it higher than the competition. Besides, the CIL project though was initiated but was not fully utilized to take out full benefits out of it. Secondly the performance yardsticks applied by the Coors over the period of time do suggests its inclination towards cost based performance measures. Further the performance criteria as set by the company were not consistent within the...
7 Pages(1750 words)Essay
Performance measurement
...Performance Measurement System What is the role of a performance measurement system? Describe your personal experiences with performance measurement in the workplace. Performance management system is a set of strategic objectives as well as metrics of performance that organizations apply in order to gauge the productivity of not only individual workers but also for the entire organization (Besanko, Dranove, Shanley & Schaefer, 2010). There is little doubt that performance within contemporary organization has been a growing concern hence the need to have well-developed strategies as well as metrics that include key performance indicators. According to Varma, Budhwar, and DeNisi (2008), the main role of performance management system... is to...
1 Pages(250 words)Essay
Performance measurement system
...Performance Measurement System Performance Measurement System Performance management is amethod of gathering and inculcating information related to the performance of individuals, groups or organizations. It can be done by looking at the methods that are already being used, as well as their outcomes and then measuring whether the processes are up to standard in achieving what they were intended to achieve or whether they are falling short. Feedback is an important part of making decisions in an organization. If there is good performance in an organization then the organization will know the cause for it,...
5 Pages(1250 words)Research Paper
Performance Measurement
...PERFORMANCE MEASUREMENT PERFORMANCE MEASUREMENT Introduction Performance outcome remains an important variable for taking decisions on a system or guideline to use in undertaking fire and emergency tasks. For example, where one system produces better outcomes than the other in a fire and rescue duty, the need to adopt that system over the other is relevant. But to know the real outcome or performance of a system, it is important to have a performance measurement tool in place. This background forms the basis of this research where it is important to weigh two performance...
6 Pages(1500 words)Assignment
Performance Measurement
...Performance measurement College Differences between performance measurement and program evaluation Performance measures centers on detailedperformance outcome that could be the target of many interventions, several diverse initiatives or applied projects at various points in time. It deals with the question “Is this product getting better or not?” On the other hand, evaluation usually asks the question “Did this intervention succeed or not?” Evaluation deals with a before and after assessment. It is used when someone wants to set a baseline with definite indicators prior to an intervention taking place. The same indicators are then assessed after the intervention is completed (Chiesa & Frattini, 2009). Performance measurement... is an...
1 Pages(250 words)Assignment
Performance Measurement System
...PERFORMANCE MEASUREMENT SYSTEM Importance of using the relevant data instead of convenient data When collecting data for the purpose of performance measurement, there is certainly a difference between what is convenient and what is relevant. This is because convenient data often happens to be the most available, easy to find and ready-made ones that may not necessarily serve the need of the HR manager seeking to undertake performance measurement with the use of a specific system (Becker, Huselid & Ulrich, 2001). Relevant data on the other hand are those that have been identified to be necessary and directly related to the specific...
3 Pages(750 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Case Study on topic Warehouse Performance Measurement for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us