Summer Internship Project Report On Ware
Summer Internship Project Report On Ware
Summer Internship Project Report On Ware
on
In Partial Fulfilment of
PGDM FMG-XXVI
Roll no 261097
July 2018
0
Declaration
I am, Mr. Ram Bangad (Roll no.- 261097) have completed my summer internship at OM
Logistics Ltd. and have submitted this project report entitled “Warehouse management
and its future prospects at OM Logistics Ltd.” towards part fulfilment of the requirements
for the award of the Post Graduate Diploma in Management (FMG-26) 2017-2019.
This Report is the result of my own work, no part of it has earlier taken comprised any
Date:
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Certificate
This is to certify that Mr Ram Bangad Roll No.- 261097 has completed his summer
internship at OM Logistics ltd.., Delhi and has submitted this project report entitled
fulfilment of the requirements for the award of the Post Graduate Diploma in Management
(FMG-26) 2017-2019.
This Report is the result of his own work and to the best of my knowledge, no part of it
has earlier comprised any other report, monograph, dissertation or book. This project was
Date: 04/07/2018
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Acknowledgment
First of all I would like to thank all the staff of OM Logistics Ltd. That trained and guided
I would like to thank my faculty guide Prof. Sumeet Kaur, senior professor in Finance at
Company guide, who inspired me to work hard and provided me with every possible
Ram Bangad
261097
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Executive summary.
This project report gives the overview of the OM logistics and what business the OM
logistics is into and also gives brief information about the services offered by the OM
logistics limited. This report also put emphasis on the WMS (warehouse management
Part A- The part A highlights the current warehouse management of the OM logistics
limited and explain the operations process at the Binola Hub of the OM logistics Ltd. i.e
how the material in the warehouse is managed and also highlights the hierarchy and roles
Part B- The part B of the methodology highlights about the future prospects of the
warehousing in OM logistics Ltd. Using the chaotic warehouse management which uses
the barcoding and automates the warehouse. Big companies like Amazon and Alibaba
manage its warehouse more effectively and later it can enter into the B2C segment of the
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ABBREVIATIONS
CN – consignment note
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Table of Contents
4 Chapter 4 Methodology 16
Part A- Warehouse management Binola Hub at OM logistics 16
Ltd.
A1. Introduction 16
17
A2. Workload at Binola Hub
17
A3. Operations process at Binola hub
B4. Analysis 25
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5 Chapter 5.1 Recommendations 26
References 27
1) Introduction
1.1) Background-
The association with Maruti has diversified the scope for OM logistics, fusing OM
The name OM logistics was introduced in 1991 by company chairman Mr. ajay
Singhal.
1.) Om infra construction- for both internal and external construction purposes
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2) Om telecom logistics ltd.
OM Logistics strives to reach to every corner as its consumer desires. As per the
customers requirement. The company align to strategy to keep the brand on a go. The
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solutions to the complex logistics problems. The company has a progressive mindset. “it
caters to every technological need for business with a modern touch, keeping the world
in motion.
Air services-
OM Logistics is among the pioneers in India’s cargo space, offering the fastest and safest
way to deliver goods within the committed delivery time, to any part of the country, with
optimized & cost-effective solutions. Based on years of experience they have vast
expertise in offering reliable Air Cargo Services. Following a systematic framework, all
the procedures are carefully conducted right from storage to the delivery of the cargo.
The advanced track system of the om logistics allows customer to track their material.
multiple routing options are available to provide ‘Same Day Delivery’ & ‘Next Flight Out’
services to their clients, it deals with multiple Air Taxi Operators such as Jet Airways,
IndiGo, Air India and SpiceJet, who help Om logistics to maintain the best standards
Surface services
Om logistics consists of over 5000 dedicated fleet of vehicles and the drivers are trained
enough in order for the timely delivery. It can cater to any kind of logistics requirement
According to the needs of the client company provides three types of delivery viz.
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1. Surface delivery- charges 7/ kg and delivery is estimated to be done in 7 days from
8 days
3. Speed trucking (spd) - in speed trucking form of delivery, the delivery charge is
the requirement of the customer, the goods can be delivered through the train whose
one compartment is taken on lease by the Om logistics for 1 year. They hold sound
expertise in safely transporting the consignment from one location to another via rail
transportation. Utmost care is taken to make sure that goods are delivered to desired
location without any kind of harm or damage. The usual rate per kg of the rail transport
is 28/kg,
industrial hub across India (ex. Gurugram, Tamilnadu, Pune etc.They manage more
than 15 million sq ft. Of warehouse space across the nation. Warehouses are taken
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by various customers on rent from Om logistics I.e it consists of multi-client
The Warehouse services includes short term, long term as well as customized
solutions.
The clients also benefit from a delivery system which is co-op in which shared routes
This study will be relevant as it will challenge the traditional warehousing systems
of the OM logistics ltd. It would also highlight the shortcomings of the traditional
warehouse systems such as, there is always 1-2% material lost inside the
warehouse and with the implementation of Chaotic WMS, the OM logistics would
greatly enhance their speed, efficiency and effectiveness of the operations in their
warehouses and can also enter into the B2C segment by implementing the chaotic
2) Literature Review
All solutions in the WMS (Warehouse management systems) support basic core WMS
capabilities. Many also support various levels of extended WMSs. Core WMS capabilities
are the basic functions of receiving, put-away, storing, counting and picking, packing, and
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shipping goods. Extended WMS capabilities are value-added capabilities that supplement
core functions, such as labor management, slotting, yard management and dock
scheduling. Beyond functionality, there are additional considerations that influence the
providers within the WMS Magic Quadrant. In previous years, the most compelling issues
that positioned vendors in the Leaders quadrant were the breadth and depth of their WMS
offering, and the vendor's and product's ability to handle the most complex warehouse
operations. While this remains valid for the most sophisticated operations, we have
witnessed a bifurcation in the WMS market between the high-performance, complex and
Sophisticated end of the market and the mass market where "good enough" functionality
is "good enough." This is not because companies chose to sacrifice functionality, but
below, and these warehouses do not require nor would they use advanced functionality.
There is a very clear market for high-end WMS solutions where performance is critical
and cost is less of an issue. At the same time, there is another very large market where
other factors, like reliability, service and support, good-enough features, and lower cost
of ownership dominate. This is a very large WMS market for what Gartner's stratification
model would call Level 2 and Level 3 warehouse environments that would be satisfied by
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other extreme, there is a healthy, although smaller, market for high-end WMS solutions
Although functionality remains at the top of the list of user evaluation criteria, there's near-
functional parity for core WMS capabilities across WMS providers. Given the mature state
of the WMS marketplace, a combination of the following vendor and product topics affects
The vendor's market understanding and its vision for next-generation WMSs and
The long-term viability of the vendor and product, given the long life span of WMSs
Current and projected growth of both revenue and total numbers of clients
orchestration
Ability to translate business goals and objectives into specific WMS functional
requirements
value
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The vendor's ability to deliver value through service, support, consulting and
training
Customer satisfaction
The following factors affect the WMS marketplace and also influenced vendor positioning
The marketplace for WMSs is becoming more global, with more Gartner WMS
markets. Consequently, for this Magic Quadrant, we had more stringent inclusion
criteria related to a vendor's global presence. This also affected the inclusion and
positioning of vendors.
Business and product viability, which is always a concern for buyers, has increased
in importance, given the higher concern for risk and the longevity of investments.
This affects smaller vendors that might have robust WMS products but a current
practice, this weighed heavily as well. However, these changes do not mean that
factors influenced certain items, such as innovation, caused scores to change. For
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innovation, but, as most vendors developed cloud strategies, the influence of cloud
diminished.
its customers with solid products, along with strong service and support. The
strength of a vendor's ecosystem of partners that can enhance its ability to serve
customer wants and needs is also important. While it is important for vendors to
have their own strong internal delivery, customers prefer vendors with ecosystems
management systems of the Om logistics ltd. and to know the whole process of
systems and its implementation feasibility in the logistics companies and scope
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Methodology
Part
After spending 5 days in head office of the Om logistics, I went to Binola, Haryana hub of
On the day 1, I learnt the process at the warehouse so as to how the warehouse work is
managed and when the Binola hub/warehouse is used to keep the belongings of the
customers (goods have to be used for the commercial purpose after delivery to the
The company mainly deals in auto-parts and it constitutes about 90 % of the company's
business.
The goods which are booked from Delhi or the places nearby Delhi in part load used to
come to binola and materials/goods which are booked in full load doesn't go to any hub
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On Monday, the load of work at Binola Hub is pretty low as the manufacturer generally
closes the operations on Sunday and hence from the manufacturers side, the goods are
not delivered on Sunday and the materials are out for delivery on Monday and Generally
reaches on Tuesday and from Tuesday onwards the workload increases as the
manufacturers again starts the operations from Monday and due to which the workload
increases from Tuesday and workload is at peak on Saturday and Sunday as the
When the truck/lorry comes to the binola hub from the places nearby, it requires to
provide a challan in order to enter the hub and when it enters the hub,
After sometime the seal in the lorry is opened and the lorry is ready to be unloaded.
On the front side of the Binola Hub, the material is unloaded depending upon the
priority I.e if the material is booked in the form of Speed trucking, (spd which costs
customers) the material will be unloaded quickly and then also loaded quickly as it
has to be delivered on the priority basis as per the requirement of the customer.
If the material has to be delivered in air cargo or the train cargo then also the
material is quickly unloaded and then loaded because the material which is booked
to be delivered via Air or Train, will be out for delivery from the binola hub on an
urgent basis
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But if the material is booked in surface or express mode then generally the material
When the lorry comes at the front side, the material is unloaded by seeing the CN
number of the package. Material comes in the form of part load I.e there can be
The materials can go to different places and on basis of place for which the material
has to be delivered, the material will go different to different location inside a Binola
hub.
For ex. The material which is booked for Chennai, or any other place will go to the
space which has been allotted to Chennai. And is kept for 6-7 days if it is an
express or a surface material and the respective material will go their respective
spaces for ex. the material which is booked for Bhopal will go to space decided for
Pithampur, Madhya-Pradesh
One supervisor is assigned per truck and about 3 labors are also assigned to
unload the truck. The supervisor checks if all the materials are correctly unloaded
and also ensures that materials go to the right Spaces and if all the materials with
the same CN (consignment note) are unloaded, then the supervisor makes tick
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And if the certain material is lost or damaged the supervisor will report to higher
authority I.e the operations in-charge of the Binola hub who in turn will report to the
And if the material is lost or damaged the COF of the material will be prepared
which would be prepared by the Om logistics ltd. Which helps customer to claim
If a material is found in excess the supervisor will write excess while preparing
On the back side of the Binola hub the material is loaded which has to be delivered
Same process takes place as the unloading but the materials which are to be
delivered first would be loaded outwards inside the lorry and the material which
are to be delivered at the end are loaded inwards inside the lorry
As soon as the material is out for delivery the status in the systems is updated and
the daily delivery report is made by the supervisors of the respective lorries
The heavy material inside the lorry is lifted by means of forklift & the normal
Forklift
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Hierarchy of the binola Hub
Hub manager
Super-visor
HUB Manager- looks after whole affairs of the HUB maintains good relationships with the
HR manager- looks after the employee policy of the hub. Distribute portfolios to the staff.
Traffic control department- clears the work load at the Binola Hub and decides which lorry
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POD department- POD department looks after the POD’s received by the Om logistics
Super-visor looks after the loading and unloading of the lorry and also ensures that the
Part B
A chaotic storage is possible only with warehouse management software. The software
is able to aggregate information about specific products and their locations by employing
the use of barcodes and barcode scanners. These systems allow users to print barcodes
that can be used to organize and track inventory across multiple warehouses. Barcodes
hold data that can be appropriated by a barcode scanner and used to differentiate and
Warehouses with inventory management software are able to designate locations in their
warehouse via barcoding. Users are also able to generate a type of barcode called stock
keeping units (SKUs) to identify specific products. These SKUs are scanned into various
locations throughout the warehouse. After SKUs or barcodes are scanned, the
warehouse’s inventory management system then keeps detailed records of which items
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are where, how many items are located in a specific location, and anytime an item is
Picking
At a company like Amazon and Alibaba, plenty of orders come so it is not enough for
pickers to just know product locations. In order to keep up with orders, pickers need
optimized routes and processes. Data collected on products and locations is used to map
Instead of picking orders one at a time, pickers can pick orders in batches. So, instead of
running all over the warehouse to fulfill orders, management software will inform
employees so as to how many orders need to be picked, where it is, and the best route
to get it. This eliminates wasted time on overlap created by going to the same location
multiple times to complete separate orders and a also the manual work. These feature
alone are a tremendous help, but they’re really just a fraction of inventory and warehouse
Coupling chaotic storage and an inventory management software enable you to take
control of your warehouse and provide a wide range of benefits. These benefits may not
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Flexibility: Empty storage space if filled up immediately, which means the
warehouse becomes more averse to the market’s demand, and you save money
Accuracy: While it may seem odd to stock your products at random, this actually
helps employees avoid mix-ups, i.g., grabbing the wrong size or color item, which
would ruin an order. So, keeping a T-shirt next to the books acts as an added layer
Simplicity: For new employees, it can be difficult to learn where everything is within
process and tells employees exactly where to go and what to pick. This makes it
eliminates the wasteful back and forth movements to fulfill an order with varied
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Now that some of the benefits of the chaotic storage are evident and possibilities of
First things first, a company needs to look current warehouse structure and make some
After the company decides what management software syncs with the business you are
. Implementing a management system can take some time hence, the company will want
to make sure it is ready to implement the WMS. The company needs a master list of all
the products that includes information like item numbers, unit of measures, descriptions,
purchase cost, vendor info, and other pertinent information. Gathering this information
ensures that the company will have all the information you need to import into a
management system.
Now it’s time to put those barcode printers to work. The structure of the warehouse can
be rebuilt by establishing locations with unique barcode identifiers. These locations will
serve as storage space for the products which will also be barcoded. Then create SKUs
are created to identify products placed in these locations. After the WMS is implemented
in a warehouse , and have scanned the company’s newly barcoded products into now
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B4.Analysis
One common trait among entrepreneurs is that they are always on the lookout for more
functionality from their systems. It may be noticed that In this article inventory
At a base level, all there is a need to achieve chaotic storage is an inventory management
system, the guess is that the company would prefer something that is able to satisfy those
needs and more. If this is true, then the company may be more interested in warehouse
management systems like skuvault that is able to perform all of the things an inventory
management, and more. By automating different areas of the OM logistics can get a more
streamlined, organized, and error-free business structure that will boost the overall
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1.) Today big players like amazon and other big logistics companies are adopting the
management systems.
2.) Rather than clinging to the traditional warehousing techniques, the company should
adopt the chaotic warehouse management systems and automate the whole
warehousing operations
3) As the company adopts the chaotic WMS by making use of barcodes it can also enter
References
https://www.skuvault.com/blog/amazon-warehouses-how-to-harness-chaos
https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja
&uact=8&ved=0ahUKEwil_730nIXcAhUMPo8KHXdsAPsQFggmMAA&url=http%3A
%2F%2Fomlogistics.co.in%2F&usg=AOvVaw0slMd0pUnchL5azOXhQ0On
https://www.tradegecko.com/learning-center/inventory-management-techniques
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