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This project report summarizes optimizations made to finished goods loading and warehouse management for ITC Munger. The report found that truck loading could be optimized to increase capacity. A 24-foot truck's flack filter capacity was increased 23.8% to 520 cases, and a 28-foot truck's flack filter capacity saw a 12% increase to 560 cases. Working on the logistics optimization project provided exposure to ITC's actual operations and helped understand how logistics works in practice. The recommendations provide the optimized loading amounts for different truck sizes and filter types that could help reduce transportation costs.

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Nilesh Kumar
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228 views

Project PPT Itc

This project report summarizes optimizations made to finished goods loading and warehouse management for ITC Munger. The report found that truck loading could be optimized to increase capacity. A 24-foot truck's flack filter capacity was increased 23.8% to 520 cases, and a 28-foot truck's flack filter capacity saw a 12% increase to 560 cases. Working on the logistics optimization project provided exposure to ITC's actual operations and helped understand how logistics works in practice. The recommendations provide the optimized loading amounts for different truck sizes and filter types that could help reduce transportation costs.

Uploaded by

Nilesh Kumar
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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PROJECT REPORT ON OPTIMIZATION OF FINISHED GOODS & WMS FOR ITC MUNGER

PRESENTED BY: NILESH KUMAR ROLL NO- 267

COMPANY BACKGROUND
ITC was established on August 24, 1910 as the Imperial Tobacco Company of India Limited in Kolkata. Initially, the company was involved in the trading of imported cigarettes. 1974 The Company's ownership progressively Indianised, and the name of the Company was changed to ITC Limited (Indian tobacco company).

In 1975, I.T.C. Ltd., through ITC-Welcome group, tied up with the US-based Sheraton Corporation to enter the hospitality industry. It acquired its first hotel in Chennai in Tamil Nadu and called it the Welcome group Chola Sheraton.

In 1990, I.T.C. Ltd. set up an International Business Division (IBD) for export of agricommodities. In the same year, I.T.C. also entered the fashion retailing business by extending its well known cigarette brand Wills. The retail outlets were called Wills Lifestyle. In 2001, ITC made an entry into the foods business. In late 2007, ITC launched Fiama Di Wills soaps and shampoos.

OBJECTIVE OF THE STUDY

PRIMARY OBJECTIVES

To optimize the truck loading of finished goods in shipping department at ITC Munger

SECONDARY OBJECTIVE

To know about Logistics Industries

FINDINGS
The company mainly uses three types of truck for shipping i.e. 24 feet, 28 feet and 32 feet truck. The amounts of CFC shipped in different truck are: For 24 feet 420 CFC 28 feet 500 CFC 32 feet 665 CFC The work given to me was how to make different arrangements so that the optimized value could be achieved.

OPTIMIZATION FOR 24 FEET TRUCK


Type of filter Previous load CFC Optimized load CFC % Change in CFC

Flack filter
Premium filter

420
420

520
500

23.80%
19.05%

OPTIMIZATION FOR 28 FEET TRUCK


Type of filter Previous load CFC 500 500 Optimized load CFC 560 525 % Change in CFC

Flack filter Premium filter

12.00% 5.00%

OPTIMIZATION FOR 32 FEET TRUCK


Type of filter Previous load CFC 665 665 Optimized load CFC 680 670 % Change in CFC 2.25% 0.75%

Flack filter Premium filter

MAJOR LEARNINGS
This project has provided me with good exposure to actual working environment of an organization. Working in the logistics department has helped me to know how the logistics works in actual scenario.

RECOMMENDATIONS
The recommended data for loading in different trucks are given below. By using these data the company should reduce its transportation charges. Optimization for 24 feet truck in flack filter.

Type of filter

Previous load CFC

Optimized load CFC

% Change in CFC

Flack filter Premium filter

420 420

520 500

23.80% 19.05%

Optimization for 28 feet truck in flack filter.


Type of filter Previous load CFC Optimized load CFC 500 500 560 525 % Change in CFC

Flack filter Premium filter

12.00% 5.00%

Optimization for 32 feet truck in flack filter.


Type of filter Previous load CFC Optimized load CFC 665 665 680 670 % Change in CFC

Flack filter Premium filter

2.25% 0.75%

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