Warehouse Optimization using Queuing Theory and Supply Chain Management

As businesses see the value of developing an integrated relation with their suppliers and customers, supply chain management has become a significant problem in many sectors. Supply which includes Warehousing Logistics evolved into strategy for boosting competitiveness by lowering uncertainty increasing customer service. While logistics handles practical aspects storing delivering items kept warehouse, warehousing focuses on secure storage commodities inside structure. Over time, majority have concentrated emphasis effectiveness efficiency these business processes. However, number companies are starting to strategic significance planning, managing, creating as new way conduct business. This paper summarises previous efforts modelling identifies key challenges opportunities related modelling. is assist firms capturing cohesiveness inter- functional inter-organizational integration coordination across network subsequently make better decisions. The service process, arrival system locations, servers who may be people, data packets, automobiles, some variables that we taken consideration while writing this research paper. Keywords: Cost Reduction, Customer Satisfaction, Inventory Management, Queueing Theory, Stochastic Chain Network, Optimization, Warehouse