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Questions and Answers
What defines the primary function of a warehouse in supply chain management?
What defines the primary function of a warehouse in supply chain management?
Which zone is NOT typically part of a warehouse organization?
Which zone is NOT typically part of a warehouse organization?
When is a two-step inbound flow process typically utilized?
When is a two-step inbound flow process typically utilized?
What is a key challenge in complex warehouse networks?
What is a key challenge in complex warehouse networks?
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What is the goal of organizing zones and storage locations within a warehouse?
What is the goal of organizing zones and storage locations within a warehouse?
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Which type of warehouse is most likely used by large companies for high volume operations?
Which type of warehouse is most likely used by large companies for high volume operations?
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Which statement is true regarding the inbound flow of goods?
Which statement is true regarding the inbound flow of goods?
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Which of the following combinations could represent a diverse warehouse network?
Which of the following combinations could represent a diverse warehouse network?
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What is the primary focus of warehouse networks?
What is the primary focus of warehouse networks?
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Which of the following best describes dropshipping?
Which of the following best describes dropshipping?
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What role do inbound and outbound logistics play in supply chain management?
What role do inbound and outbound logistics play in supply chain management?
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Which picking method is typically not used in warehouse operations?
Which picking method is typically not used in warehouse operations?
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Mastering stock management primarily involves which of the following?
Mastering stock management primarily involves which of the following?
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What is the primary function of the Odoo ERP system in inventory management?
What is the primary function of the Odoo ERP system in inventory management?
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Which supply chain stage does NOT typically involve the return of products?
Which supply chain stage does NOT typically involve the return of products?
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What is a key benefit of performing practical scenarios in inventory management training?
What is a key benefit of performing practical scenarios in inventory management training?
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What is a primary purpose of using virtual locations in inventory management?
What is a primary purpose of using virtual locations in inventory management?
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Which step is NOT involved in creating a new warehouse in Odoo?
Which step is NOT involved in creating a new warehouse in Odoo?
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What does 'Units of Measure' specify when creating a product in Odoo?
What does 'Units of Measure' specify when creating a product in Odoo?
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Which of the following must be true regarding the types of Units of Measure?
Which of the following must be true regarding the types of Units of Measure?
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When creating a new warehouse, what is required in addition to the warehouse name?
When creating a new warehouse, what is required in addition to the warehouse name?
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What is the first step in the inbound process?
What is the first step in the inbound process?
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What is the purpose of quality control in the inbound process?
What is the purpose of quality control in the inbound process?
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Which outbound method is typically used by small and medium enterprises (SMEs)?
Which outbound method is typically used by small and medium enterprises (SMEs)?
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When is the two-step outbound process usually utilized?
When is the two-step outbound process usually utilized?
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What characterizes the three-step outbound process?
What characterizes the three-step outbound process?
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What happens after the goods are received in the input zone during the inbound process?
What happens after the goods are received in the input zone during the inbound process?
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Which of the following is NOT a reason to use quality control in inbound logistics?
Which of the following is NOT a reason to use quality control in inbound logistics?
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In the two-step outbound process, what is the second step?
In the two-step outbound process, what is the second step?
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What should you do if the quantity in an operation is less than the demand?
What should you do if the quantity in an operation is less than the demand?
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Which feature allows you to manage multiple locations within a single warehouse?
Which feature allows you to manage multiple locations within a single warehouse?
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What is a key use of barcodes in supply chain management?
What is a key use of barcodes in supply chain management?
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What functionality does landed cost provide in inventory management?
What functionality does landed cost provide in inventory management?
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Which of the following is a purpose of defining putaway rules in inventory?
Which of the following is a purpose of defining putaway rules in inventory?
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What is the purpose of the traceability report?
What is the purpose of the traceability report?
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What does the quick creation tool allow you to do?
What does the quick creation tool allow you to do?
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How are expiry dates calculated for products?
How are expiry dates calculated for products?
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Which button would you press to initiate a traceability report?
Which button would you press to initiate a traceability report?
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What function allows you to find the physical location of your products?
What function allows you to find the physical location of your products?
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What are the possible methods to create lots or serial numbers?
What are the possible methods to create lots or serial numbers?
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What action should you take after receiving the ordered quantity of products?
What action should you take after receiving the ordered quantity of products?
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What does the term 'auto-compute' relate to in the context of expiry dates?
What does the term 'auto-compute' relate to in the context of expiry dates?
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Study Notes
Course Overview
- Course title: 0405452: Enterprise Resource Planning Systems
- Course instructor: Dr. Ali Cheaitou
- Course duration: Fall 2024-2025
- Course developed in collaboration with Odoo
Chapter 6: Supply Chain, Inventory, & Warehousing Management
- Learning Outcome 1: Comprehend Warehouse Networks: Understand diverse network structures and common organizational arrangements.
- Learning Outcome 2: Explore Inbound and Outbound Logistics: Examine inbound and outbound processes within supply chains, understanding their significance in managing inventory flows.
- Learning Outcome 3: Differentiate Dropshipping and Cross Docking: Distinguish between dropshipping and cross-docking strategies, recognizing their roles in optimizing distribution and reducing handling times.
- Learning Outcome 4: Analyze Picking Methods: Analyze various picking methods used in warehouse operations, understanding their applications and benefits.
- Learning Outcome 5: Master Stock Management: Develop expertise in stock management practices, replenishment, and ensuring optimal inventory levels.
- Learning Outcome 6: Achieve Inventory App Proficiency: Become skilled in inventory management functionalities within the Odoo ERP system by understanding how it aids in various inventory processes.
- Learning Outcome 7: Step-by-Step Training on Odoo Inventory: Engage in comprehensive training on Odoo's inventory module, covering configuration, usage, reporting, and advanced features.
- Learning Outcome 8: Experience Practical Scenarios: Apply acquired knowledge by simulating a business use case centered around purchasing and selling.
Supply Chain Management
- Definition: Management of goods and services, funds, and information, encompassing processes, systems, and people from raw materials to delivery to consumption by the end customer.
- Typically includes: Procurement, manufacturing, distribution, retail, and possibly return of products.
Diverse Warehouse Networks
- Warehouse networks are the backbone of supply chains.
- Different types and functions: raw materials, WIP, finished goods, distribution centers (DC), regional warehouses (WH), and local warehouses (WH).
- Multiple combinations, such as manufacturing+local WH or manufacturing+DC+local WH, are possible.
- Warehouse locations vary in number and location.
- Strategic warehouse decisions are made by warehouse executives.
Typical Warehouse Organizations
- A physical space for temporarily storing goods, tracking incoming and outgoing movements.
- Warehouse is divided into zones, including inbound area, storage area, and outbound area.
Warehouse Organization (diagrammatic representation)
- Zones shown include inbound docks, QC & staging area, storage areas, shipping area, and packaging area, and outbound docks.
- The following diagrammatic representation was included in the slides: A physical warehouse space organized into clearly defined areas for receiving, quality control (QC), storage, picking, packing, and shipping, with clear pathways for inbound & outbound movements.
Inbound & Outbound Flows
- Inbound flow: Managing goods from receipt to placement in stock.
- Outbound flow: Managing goods from stock to the customer.
- One-step inbound: Direct shipment from vendor to stock, typically used by SMEs.
- One-step outbound: Direct delivery to customer from stock, typically used by SMEs.
- Two-step inbound: Goods received in an input zone, then transferred to storage later.
- Two-step outbound: Order preparation, transfer to output zone, and loading onto delivery vehicle.
- Three-step inbound: Goods received in an input zone, transferred for quality inspection, then moved to storage.
- Three-step outbound: Order picking, packing, and transfer to the output zone for delivery.
- Various steps exist for both inbound and outbound.
Other Alternatives
- Dropshipping: Retailers don't keep products in stock, purchasing from third parties, shipping directly to customers.
- Cross Docking: Products are unloaded from a truck, sorted, and reloaded onto outbound trucks.
- This method acts as a platform to efficiently transit goods from producer to customer.
Picking
- Picking refers to product manipulation from source to destination in the warehouse.
- Different picking methods include single order picking, batch picking, cluster picking, and wave picking.
- Speed and accuracy are crucial aspects of picking. The time taken to complete an order impacts delivery time.
Batch Picking
- Items are collected for multiple orders simultaneously, without separation by individual order during the picking process.
- Advantages: Reduces travel time and useful when orders share similar SKUs.
- Disadvantages: Additional sorting after picking is needed.
Cluster Picking
- Items for multiple orders are collected at the same time, but separated by order during the picking process.
- Advantages: Items grouped immediately into their respective orders, reducing errors.
- Disadvantages: Additional equipment (picking carts) or containers might be needed.
- Use Case: Applicable when dealing with a wide variety of order sizes or when reducing post-pick sorting time is important.
Wave Picking
- Orders are grouped into distinct 'waves' based on criteria like shipping deadlines.
- Advantages: Coordination with other operations, flexible scheduling, control over labor allocation.
- Disadvantages: Complexity in planning, increased idle time, and additional post-picking sorting for some scenarios.
Production Approaches
- Make to Stock (MTS): Manufacturing maintains inventory based on forecasted demand, such as grocery products.
- Make to Order (MTO): Manufacturing produces products only after receiving a confirmed order, like customized cars.
Inventory Valuation
- Importance of stock valuations for both supply chain management and accounting.
- Methods for calculating stock value, including standard cost, average cost, and FIFO (First-In, First-Out).
Inventory Valuation Methods
- Standard Cost: A predefined cost set by the company for each inventory item. This cost doesn't change with actual purchase fluctuations. It is updated periodically.
- Average Cost: This method calculates inventory value based on the average cost of inventory purchased over time. The calculation considers all the existing inventory purchases up to the day of the calculation.
- FIFO: Assumes first-in goods are sold first, reflecting realistic inventory flow, especially when older stock is sold first.
Supply Chain Organization
- Understanding the products the company buys, sells, and creates.
- Knowing how the company tracks stock and organizes products.
- Determining the number of warehouses and their organization.
- Analyzing inbound and outbound flows.
Inventory App Features
- Storage features (handling different storage types like shelves).
- Functionality for productivity (notifications for low stock).
- Reporting functions (monitoring stock movements and duration).
Integrated applications
- Integration with sales, manufacturing, purchase, and accounting modules.
- Integrated application modules offer more detailed functionality and automation.
Model Structure
- A physical warehouse is represented by a single warehouse entry in Odoo.
- Intermediary entities are present, including Input, Output, Stock, and Packing locations.
- Hierarchical structure of sub-locations, such as racks, exists for refining warehouse organization.
Location Types
- Different location types (View, Internal, Virtual, Transit, and Partner locations).
- Their purposes in Odoo warehouse organization.
- Functionality for quality control and batch processing.
- Specific roles in tracking and managing goods during different stages of the supply chain, from production to delivery to customers.
Types of Operations
- Enables internal transfers, receipts, and deliveries.
- Manufacturing operations are supported with specific configurations.
How to Create and Organize Locations in Odoo
- Detailed steps for creating, organizing, and navigating and using locations in the Odoo application.
- Create new locations (e.g., warehouses) via a step-by-step process.
- Steps include selecting a location type, defining its name and other details.
Units of Measure
- Units of measure are used to consistently track items.
- Product and purchase UOMs for products.
More Inventory Management
- Removal strategy configuration: Various methods (FIFO, LIFO, FEFO).
- Different configuration options for removal policies, enabling customization at a product or location-level or per category level.
Traceability: Lot versus Serial Numbers
- Defining lot numbers and serial numbers.
- Differences in usage for different product types and purposes.
- Application of traceability for quality control, after-sales support, and production process tracking.
- Explanation of how to configure lots vs. serial numbers in Odoo.
Add Expiry Dates
- Understanding the concept of expiration and best-before dates for products.
- Configuring expiration and best-before dates within the product management system in Order to track product lifecycles.
Operation Type Configuration
- Configuration for various operations within the warehouse (e.g., delivery, receipt, transfers).
- Explanation of how to configure different types of operations for managing different kinds of warehouse transactions.
Putaway Strategies
- Putaway strategies (rules) for organizing products efficiently in a warehouse.
- Processes for designing sub-locations within the warehouse, associating products with different categories that enable product identification, management, and organization.
Configurations to look at
- Identifying key aspects of Odoo configurations that users need to understand and configure appropriately for optimal warehouse management.
- Importance of configurations such as multi-location settings, drop shipping capabilities, different inventory valuation methods, landed costs, and lot/serial number tracking in a company.
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