Courses & Units
Warehousing and Inventory Management JNB639
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.
This unit has strong linkages with the units JNB522 Business Logistics, JNB637 Strategic
Procurement Management, and JNB624 Supply Chain Management. For instance, the
receiving process of a warehouse/distribution centre is a direct interface with suppliers, and
the inventory management policies have to take into account the lead time caused by
preparation and transport and the uncertainties in customer demand. The hands-on tutorials
with spreadsheets are also developing and enhancing your data analysis skills in the unit
JNB635 Business Analytics and Operations Research.
Summary
| Unit name | Warehousing and Inventory Management |
|---|---|
| Unit code | JNB639 |
| Credit points | 12.5 |
| College/School | College of Sciences and Engineering Australian Maritime College |
| Discipline | Maritime and Logistics Management |
| Coordinator | Doctor Hadi Rezaei Vandchali |
| Delivered By | University of Tasmania |
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
Key Dates
| Study Period | Start date | Census date | WW date | End date |
|---|---|---|---|---|
| Semester 2 | 11/7/2022 | 9/8/2022 | 29/8/2022 | 16/10/2022 |
* 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 (refer to How do I withdraw from a unit? for more information).
Unit census dates currently displaying for 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
Learning Outcomes
- Explain the impact of warehousing management practices on warehouse operational efficiency
- Discuss the impact of warehouse operations and inventory management on the performance of the logistics/supply chain system
- Apply EOQ, Pareto, and k-curve methodologies to inventory management
Fee Information
| Field of Education | Commencing Student Contribution 1,3 | Grandfathered Student Contribution 1,3 | Approved Pathway Course Student Contribution 2,3 | Domestic Full Fee 4 |
|---|---|---|---|---|
| 089901 | $1,828.00 | $1,432.00 | not applicable | $2,702.00 |
1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.
If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.
Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.
Requisites
Mutual Exclusions
You cannot enrol in this unit as well as the following:
JNB539Teaching
| Assessment | assignment 1 (15%)|Final exam (40%)|assignment 3 (15%)|assignment 2 (30%) |
|---|---|
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
Required readings will be listed in the unit outline prior to the start of classes. |
Links | Booktopia textbook finder |
|---|
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