BBR505 Warehouse Management

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

  “ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

(Prefer mailing. Call in emergency )

ASSIGNMENT

DRIVE	SPRING 2016
PROGRAM	Bachelor of Business Administration - BBA
SEMESTER	V
SUBJECT CODE & NAME	BBR505 Warehouse Management
BK ID	B1806
CREDIT & MARKS	4 CREDITS & 60 MARKS

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Question.1. Describe any three ways of managing retail shrinkage.

Answer:On the heels of the NRF Protect Expo in June, retail Loss Prevention has been in the news, no longer banished to hushed whispers in dark, barren back offices. As a key enterprise function, Loss Prevention means big business to retailers of all segments. According to the Global Retail Theft Barometer, inventory shrink – the difference between the revenue a store should have received and the amount actually received – amounts to almost $42 billion annually for U.S. retailers, or nearly 1.5 percent of sales.

Retailers face not only increased competitive

Question.2. Discuss any four types of warehouses.

Answer: Types of Warehouses:

Warehouses can be classified into four groups viz:

(a) Private warehouses

(b) Public warehouses

(c) Bonded warehouses

(d) other type of warehouses

Question.3. Enumerate the impact of high and low inventory valuation.

Answer: Inventory is defined as assets that are intended for sale, are in process of being produced for sale or are to be used in producing goods.

The following equation expresses how a company's inventory is determined:

Beginning Inventory + Net Purchases - Cost of Goods Sold

Question.4. Explain how products are tracked using RFID.

Answer:Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. The tags contain electronically stored information. Passive tags collect energy from a nearby RFID reader's interrogating radio waves. Active tags have a local power source such as a battery and may operate at hundreds of meters from the RFID reader. Unlike a barcode, the tag need not be within the line of sight of the reader, so it may be embedded in the tracked object. RFID is one method for Automatic

Question.5. Describe the principles of world-class warehousing.

Answer:Despite today's just-in-time production mentality, with its efforts to eliminate warehouses and their inventory carrying costs, effective warehousing continues to play a critical bottom-line role for companies worldwide. World-Class Warehousing and Material Handling covers today's state-of-the-art tools, metrics, and methodologies for dramatically increasing the effectiveness, accuracy, and overall productivity of warehousing operations.

Question.6. Describe the various aspects that a retailer needs to consider while making product selection.

Answer:Choosing a product for your retail store to sell may very well be the most difficult decision you will need to make when starting a retail business. The choices are limitless and the task may be overwhelming at first. Not only should there be a demand for your products, but it must be profitable and something you enjoy selling. Before you commit to a product or product line, consider the following factors while deciding what products to sell.

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

  “ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

(Prefer mailing. Call in emergency )