Warehousing is the act of storing goods that will be sold or distributed later. While a small, home-based business might be warehousing products in a spare room, basement, or garage, larger businesses typically own or rent space in a building that is specifically designed for storage. Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations.
In MonsoonSIM, Warehouse and Logistic are combined, and it is one of the core modules. Learners are encouraged to start with the basic module, called Baseline model, and slowly progress to more advanced functionalities.
Here are some of what you will learn in the MonsoonSIM Warehouse and Logistics (Baseline):
- Concept of capacity planning
- Concept of product allocation
- Concept of replenishment
- Concept of automated replenishment
- Concept of fixed and variable delivery cost
- Concept of third party shippers (deliverers)