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Launceston

Note:

Students who are going to attend this unit should familiarise themselves with the basic data analysis skills in spreadsheets (e.g. MS Excel or Numbers), such as calculation, copy, copy-down, cell references, sort, pivot table, calculation, and if-function. In the meantime, the general knowledge on logistics, learned in e.g. JNB522 Business Logistics or JNB225 Logistics Management, is not essential but will make the study in this unit smoother.

Introduction

Warehouses/distribution centres play a pivotal role in today’s logistics and supply chain systems, especially when we consider the manufacturing in a global environment and increasing online shopping. When operating a warehouse/distribution centre, how to improve the operational efficiency while minimising the warehousing costs confronts every logistics/warehousing manger. Assume that you are a logistics/warehousing manager and receive the request from the senior management team that you have to reduce the inventory cost by 20% within the next 12 months. How will you break this financial target into the inventory levels of many thousands of products in your warehouses?

This unit delivers the knowledge of warehousing and inventory management in a comprehensive way: from warehousing processes to critical operations, from storage and material handling technologies/equipment to software systems, from technical to managerial solutions.

We will start this unit with some fundamentals of warehousing management, including inbound and outbound material flows and critical warehousing processes, order picking strategies and methods, hardware (storage and material handling technologies/equipment), and software systems. The fundamental knowledge here is essential for anyone who aims to pursue the career in logistics/warehousing industry.

Then we bring you further to a higher step where the advanced knowledge enable you to deal with the complicated warehousing and inventory issues as a senior logistics/warehouse manager. For instance, the steps of warehouse design, the inventory optimisation knowledge helping you to fulfil the inventory cost deduction command from the senior management team, and the lean management principle that help you to continuously reduce the wastes (of time, space and resources) in warehousing operations. With the advanced knowledge here, you will also be confident if you are targeting a position in a consultancy providing logistics/supply chain solutions.

All the knowledge in this unit are practical relevant. Our hands-on tutorials with spreadsheets with EOQ, Pareto inventory policies and k-curve methodologies will elaborate on how we can implement these inventory optimisation methods in practice. We will also discuss the practical issue on how to implement these methods in ERP/MRP systems.

Summary 2019

Unit name Warehousing and Inventory Management
Unit code JNB539
Credit points 12.5
Faculty/School College of Sciences and Engineering
Australian Maritime College
Discipline Maritime and Logistics Management
Coordinator

Hadi Rezaei Vandchali

Teaching staff

Hadi Rezaei Vandchali

Level Postgraduate
Available as student elective? Yes
Breadth Unit? No

Availability

Location Study period Attendance options Available to
Launceston Semester 2 On-Campus Off-Campus International International Domestic Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

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Key Dates

Study Period Start date Census date WW date End date
Semester 2 15/7/2019 9/8/2019 2/9/2019 20/10/2019

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).

About Census Dates

Fees

Domestic

Band CSP Student Contribution Full Fee Paying (domestic) Field of Education
3 2019: $1,369.00 2019: $2,611.00 089901

Fees for next year will be published before the end of the year. The fees above only apply for the year shown.

Please note: international students should refer to this page to get an indicative course cost.

Teaching

Teaching Pattern

1 x 2-hr lecture and 1 x 1hr tutorial weekly.

Assessment

Online Quiz – 10%; Two assignments (with case studies and tasks) – 2000 words, 20% each; Final exam: 50%.

TimetableView the lecture timetable | View the full unit timetable

Textbooks

RequiredNone
Booktopia textbook links

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