A review on characteristics of warehouse (hubs) management and basic analysis on warehouses operating in Chennai city

Document Type : Research Paper

Authors

1 AMET (Academy of Maritime Education and Training) University, India.

2 B.S.Abdur Rahman Crescent Institute of Science & Technology, India.

3 Indira school of business studies, India.

10.22075/ijnaa.2021.5792

Abstract

Warehouse (Hubs) Management represents one of the key elements of logistics that stores goods between the point of manufacture or production and the spot of consumption in order to confer a never ending flow of goods. It plays a crucial part in the supply chain of an organization to stock up products effectively in Material Management practices. The potential of Warehouse (Hubs) has received much attention, recently, and considered to be an increasing and novel approach among the best performing organizations. Warehousing operation is vital as it serves as the hub, where nodes are linked to their respective spokes. An effective strategy adopted in the Warehouse (Hubs) enables to enhance and to satisfy the customer genuine needs as demonstrated earlier. Hence, in the present study, we investigate the level of warehousing characteristics or attributes associated with supply chain Warehouse (Hubs) efficacy, among the selected employees of logistic sectors and Warehouse (Hubs) management firms, functioning in Chennai city, with a sample size of 417 respondents, using descriptive statistics. Results showed that there was a significant positive correlation was observed with moderate frequency of 35.4% followed by high frequency 30.7% respectively among examined respondents and elucidated their intention and a quest for sustained or continuous effective Warehouse (Hubs) management measures, to improve and target the unique demands of the customers. The outcomes of the descriptive analysis showed that, obtained mean values as above 3 (3<) indexed clearly that looking for hub and spoke model strategy that ensured adoption of safety parameters with a higher standard deviation (1.169). The low standard deviation indicates the low possibility and our findings shown to be higher opportunities for integration of efficient Warehouse (Hubs) management. Study inferred that effective and continuous Warehouse (Hubs) management confers a promising platform for enhanced data management cost optimization, forecasting of demands, in the light of value added approaches in supply chain management of examined Warehouse (Hubs) sectors.

Keywords