Introduction
In Supply Chain Management, you can control the day-to-day operations of a warehouse, including costing methods, warehouse configuration options, and inventory management.
Learning objectives
By the end of 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.