Summary

Completed

This module discussed the capabilities of Supply Chain Management used to control the day-to-day operations of a warehouse, including costing methods, warehouse configuration options, and inventory management.

Now that you reviewed this module, you're able to:

  • Describe costing methods, including standard costing, weighted averages, last in, first out (LIFO), and first in, first out (FIFO).

  • Describe use cases for Warehouse Management Systems (WMS) and warehouse configuration options, including layout, stocking limits, and location profiles.

  • Describe purchase orders, item arrival journals, and cross-docking.

  • Describe inventory concepts, including reservations, picking, and packing, replenishment, shipments, counting, and inventory on-hand.

  • Describe quality management capabilities.

  • Describe transportation management.

References

You can find relevant resources here:

For further study: