Abstract
In today’s fast-moving world, inventory is a crucial element of an organization operating on any scale. Therefore, its proper and sophisticated management is vital for the efficiency as well as the profitability of an organization. Companies need to have inventory for various reasons namely seamless manufacturing of products and timely delivery of goods as per the order. Inventory warehouses occupy an enormous space subsequently needing a whole lot of funds. This paper demonstrates the altered racking arrangement, which eliminates the intermediate space required for loading and unloading of the products and instead utilizes an overhead 3-axis robot for its accessing purpose. This ideology helped in not only squeezing the actual space required by 57% as compared to the conventional racking system but also eliminating the human errors and fatigue associated with a manual system. Moreover, this configuration allows achieving 100% accessibility of the bins. In a true sense, the role of inventory management is to have a proper track of data regarding concerned inventory thereby ensuring sufficient quantity every time to fulfill ever-changing client requirements, but at the same time overstocking should also be given the utmost attention and be avoided. This study showcases the utilization of robots to introduce automation in the warehouse, whose job is to control the actions to handle the inventory. They were programmed to introduce concepts like FIFO and KANBAN to maintain optimum inventory levels.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Carvalho H, Silva LH, Tavares JJPZS (2013) Automated planning applied in inventory management, vol. 6, no. PART 1. IFAC
Hübner A, Holzapfel A, Kuhn H (2015) Operations management in multi-channel retailing: an exploratory study. Oper Manag Res 8(3–4):84–100. https://doi.org/10.1007/s12063-015-0101-9
Panzuto NDS, Rodrigues PCC (2011) Analysis of inventory management in small business auto parts. In: 2011 4th international conference on logistics LOGISTIQUA’2011, no. May 2011, pp 186–191. https://doi.org/10.1109/LOGISTIQUA.2011.5939424
Kisperska-Moroñ D (2003) Responsibilities for inventory decisions in polish manufacturing companies. Int J Prod Econ 81–82:129–139. https://doi.org/10.1016/S0925-5273(02)00285-2
Ding W (2013) Study of smart warehouse management system based on the IOT. Adv Intell Syst Comput 180 AISC 203–207. https://doi.org/10.1007/978-3-642-31656-2_30
Gu J, Goetschalckx M, McGinnis LF (2010) Research on warehouse design and performance evaluation: a comprehensive review. Eur J Oper Res 203(3):539–549. https://doi.org/10.1016/j.ejor.2009.07.031
Mourtzis D, Samothrakis V, Zogopoulos V, Vlachou E (2019) Warehouse design and operation using augmented reality technology: a papermaking industry case study. Procedia CIRP 79:574–579. https://doi.org/10.1016/j.procir.2019.02.097
Carazas L, Barrios M, Nuñez V, Raymundo C, Dominguez F (2019) Management model logistic for the use of planning and inventory tools in a selling company of the automotive sector in Peru. Adv Intell Syst Comput 971:299–309. https://doi.org/10.1007/978-3-030-20494-5_28
Shen H, Deng Q, Lao R, Wu S (2017) A case study of inventory management in a manufacturing company in China. Nang Yan Bus J 5(1):20–40. https://doi.org/10.1515/nybj-2017-0003
Types QAE aluminum extrusion types and parts selection aluminum extrusion tolerance data, p 69972
Minz SS, Rao PS (2020) Review paper on extrusion of Al-alloy series. Int J Tech Innov Modern Eng Sci (IJTIMES) December 2018
Schikorra M, Donati L, Tomesani L, Tekkaya AE (2007) Microstructure analysis of aluminum extrusion: grain size distribution in AA6060, AA6082 and AA7075 alloys. J Mech Sci Technol 21(10):1445–1451. https://doi.org/10.1007/BF03177357
Güler S, Karagülle H (2016) Finite element analysis of structures with extruded aluminum profiles having complex cross sections. Lat Am J Solids Struct 13(8):1499–1514. https://doi.org/10.1590/1679-78252755
Kisan M, Sangathan S, Nehru J, Pitroda SG (1983) Indian standard specification for metal shelving racks, third revision
FM global - Property loss preventive data sheets (2017), Capital POF, Sector M, Access TO, Skills E, To D, The B,Table of contents, list of figures, list of pictures
Atieh AM et al (2016) Performance improvement of inventory management system processes by an automated warehouse management system. Procedia CIRP 41:568–572. https://doi.org/10.1016/j.procir.2015.12.122
Nakayenga I (2011) Design and implementation of an automated inventory management system case study: Segofer technical services
Zhu X, Mukhopadhyay SK, Kurata H (2012) A review of RFID technology and its managerial applications in different industries. J Eng Technol Manag JET-M 29(1):152–167. https://doi.org/10.1016/j.jengtecman.2011.09.011
Alyahya S, Wang Q, Bennett N (2016) Application and integration of an RFID-enabled warehousing management system—a feasibility study. J Ind Inf Integr 4:15–25. https://doi.org/10.1016/j.jii.2016.08.001
Bagchi U, Guiffrida A, O’Neill L, Zeng A, Hayya J (2007) The effect of RFID on inventory management and control
Ngai EWT, Moon KKL, Riggins FJ, Yi CY (2008) RFID research: an academic literature review (1995-2005) and future research directions. Int J Prod Econ 112(2):510–520. https://doi.org/10.1016/j.ijpe.2007.05.004
Sarac A, Absi N, Dauzere-Pérès S (2010) A literature review on the impact of RFID technologies on supply chain management. Int J Prod Econ 128(1):77–95. https://doi.org/10.1016/j.ijpe.2010.07.039
Chande A, Dhekane S, Hemachandra N, Rangaraj N (2005) Perishable inventory management and dynamic pricing using RFID technology. Sadhana Acad Proc Eng Sci 30(2–3):445–462. https://doi.org/10.1007/BF02706255
Metahri D, Hachemi K (2017) Automated storage and retrieval systems: a performances comparison between free-fall-flow-rack and classic flow-rack. In: 2017 6th international conference system control, ICSC 2017, no. March 2018, pp 589–594. https://doi.org/10.1109/ICoSC.2017.7958654
Anderson JR (2002) Automation of inventory management 2(4):2010–2013
Syntetos AA, Babai MZ, Davies J, Stephenson D (2010) Forecasting and stock control: a study in a wholesaling context. Int J Prod Econ 127(1):103–111. https://doi.org/10.1016/j.ijpe.2010.05.001
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2022 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
About this paper
Cite this paper
Savla, M., Pandhare, A., Gulunjkar, S., Pandit, P., Dhawale, P. (2022). Automation in Inventory Management in MSME (Micro, Small, Medium Enterprises) Warehouse by Use of Robots. In: Verma, P., Samuel, O.D., Verma, T.N., Dwivedi, G. (eds) Advancement in Materials, Manufacturing and Energy Engineering, Vol. I. Lecture Notes in Mechanical Engineering. Springer, Singapore. https://doi.org/10.1007/978-981-16-5371-1_23
Download citation
DOI: https://doi.org/10.1007/978-981-16-5371-1_23
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-16-5370-4
Online ISBN: 978-981-16-5371-1
eBook Packages: EngineeringEngineering (R0)