Description

1. Provide a comprehensive overview of the benefits, challenges, and best practices associated with outsourcing warehouse operations for businesses seeking to optimize their supply chain management. (10 Marks)
2. Discuss the essential features and functionalities that businesses should look for when selecting a warehouse management system to improve inventory management, streamline operations, and enhance overall supply chain performance for Food and Beverage Industry warehouse. (10 marks)
3. You are a warehouse manager for an E-commerce company that deals with a wide range of products. The  company  has  been  experiencing  inefficiencies  in  its  warehouse operations, leading to delayed order processing, increased errors, and rising inventory carrying costs. Your task is to analyze the situation and propose solutions to address the challenges. 
   1. Identify the key issues and challenges faced by the warehouse in terms of efficiency and inventory management. Discuss the factors contributing to the delays in order processing, the reasons for the increased error rates, and the factors leading to higher inventory carrying costs. (5 Marks)
   2. Propose a comprehensive plan to improve warehouse efficiency and optimize inventory management. Outline the strategies you would implement to address the identified challenges. Include steps to  streamline order processing,  minimize errors, and  reduce inventory carrying costs. Support your proposed plan with relevant theories, industry best practices, and real-life examples of successful warehouse management implementations.  (5 Marks)