Improving Distribution and Business Performance through Lean Warehousing
Theoretical and Practical Aspects of Lean Warehousing
DOI:
https://doi.org/10.48112/iijbs.v1i1.69Abstract
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This study intends to enlighten the reader with the importance of lean warehousing and how it can improve the business yield. A two-way approach was opted in this research study that focused on the theoretical and practical aspects of lean warehousing. An indirect relation was found between the implementation of the principles involved in lean approach and productivity of the business. The principles allow the business to grow horizontally and vertically by improving the liquidity of the capital and various other factors. It allows the management to save the blocked capital by a considerable amount and invest it in the horizontal growth of the business. Moreover, by ensuring the safety of the workers and implementation of different approaches such as ABC approach and A3 thinking, it ultimately results in an enhanced productivity. The study throws light on the implications of the old warehousing techniques and approaches and how the efficiency can be improved through a revolutionized approach. Also, it highlights the causes of the wastage of material due to mismanagement and develops a new technique to avoid it.
Keywords:
Distribution and Business Performance, Lean Warehousing, Mismanagement, Wastage of MaterialReferences
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