Jan 10, 2022

Issue 5

OPs InSights
Official Newsletter of Opcellence, MDIM
 MEET OUR MENTORS

Dr. Debasis Chanda brings in 20+ years of

cross-functional experience in the IT
industry and 5+ years of experience in the
Engineering Industry. He is also certified as
an Enterprise Architect by The Open Group
(TOGAF).
His functional expertise also includes
Strategy Consulting and Brand Building.
His industry expertise includes Dr. Debasis Chanda
Government, Banking, Insurance, Dean – Academic and Professor,
Communications, Media & Entertainment, Operations Management
Manufacturing & Logistics, Retail,
Publishing, Pharma & Life Sciences. He also
has Global Business exposure – Continental
Europe, USA, APAC, Middle East and India.

Dr. Sunil Giri did B. Tech (Electrical

Engineering), MBA and PhD in Supply Chain
Management. He has 14 years of rich
experience in management teaching,
training & consulting and research. His
research interest is Sustainable Supply
Chain, QR Logistics, Humanitarian Logistics,
Supply Chain visibility, Lean manufacturing,
Dr. Sunil Giri Quality Management. He has taken training
session in campus and in company MDP’s
Chairperson – PGDM and Associate
conducted for executives/officers of various
Professor, Operations Management
organizations. He has guided various Ph.D
Scholars and had his name published in
national and international Journals.
 ABOUT OUR CLUB
OPCELLENCE: The Operations club of MDI Murshidabad
is the platform for students to harness their potential in
the field of Operations Management.
The name is derived from the objective we desire to
achieve i.e. OPerational exCELLENCE. OPCELLENCE is a
hub where innovative ideas are garnered and nurtured
for execution. Brainstorming, case discussions,
simulation games, publications, quizzes, etc. are some
of the activities conducted round the year to instill
interest in the field of operations research and
operations management.

INSIDE THIS ISSUE

1. Waiting Line (Queue)

Management
2. Bonded Warehouse
3. New Approach to Supply
Chain Transparency
4.Paperless Warehouses
 Waiting Line (Queue) Management
- Vimlendu
The waiting line or queue management is a critical part of service industry. It deals with
issue of treatment of customers in sense reduce wait time and improvement of service.
Queue management deals with cases where the customer arrival is random; therefore,
service rendered to them is also random. A service organization can reduce cost and thus
improve profitability by efficient queue management.

Waiting Line Problem

Waiting in line is common phenomena in daily life, for example, banks have customers in
line to get service of teller, cars queue up for re-filling, workers line up to access machine to
complete their job. Therefore, management needs to work on formulae, which will reduce
wait time and create delighted customers without incurring an additional cost. Generally,
queue management problems are trade off’s situation between cost of time spent in
waiting v/s cost of additional capacity or machinery.

Finite and Infinite Population

In a waiting line scenario, there are cases of finite population of customers and infinite
population of customers. A finite population scenario considers a fixed or limited size of
customers visiting the service counter. It also assumes that customer once served will leave
the line thus reducing overall population of customers. However finite population model
also considers a scenario where the customer after getting served will re-visit the service
counter for re-service, leading to increase in finite population. An infinite population theory
looks at a scenario where subtractions and addition of customer do not impact overall
workability of the model.

Queuing System
To solve problems related to queue management it is important to understand
characteristics of the queue. General premise of queue theory is that there are limited
resources for a given population of customers and addition of a new service line will
increase the cost aspect to the business. A typical queue system has the following:

Arrival Process: As the name suggests an arrival process look at different components of
customer arrival. Customer arrival could in single, batch or bulk, arrival as distribution of
time, arrival in finite population or infinite population.

Service Mechanism: this looks at available resources for customer service, queue structure
to avail the service and pre-emption of service. Underlining assumption here is that service
time of customers is independent of arrival to the queue.

Queue Characteristics: this looks at selection of customers from the queue for service.
Generally, customer selection is through first come first served method, random or last in
first out. As a result, customers leave if the queue is long, customer leave if they have
waited too long or switch to faster serving queue.
 Bonded Warehouse

- Ishar Alam

A bonded warehouse is a secured building or area that is used to keep imported goods
that are awaiting custom clearance. It is generally at a place near a port and is licensed to
keep the imported goods until custom duty is paid and clearance is given to them. The
bonded warehouses are now present in all developed countries and many developing
countries. When goods enter a bonded warehouse, the importer and the warehouse
proprietor incur liability under the bond.

The goods kept in the

warehouse are safe and
hence importer gets the
time to arrange for the
customs duty meanwhile.
The importers are allowed
to mix, divide, re-label the
goods inside the bonded
warehouse, hence it allows
to make the goods suitable
for marketing. The goods
meant for re-export can also
be kept in a bonded
warehouse without bearing
much financial expenditure.

Depending upon the country or region, there are various options for storage of gods in a
bonded warehouse. Some of these are-

Temporary storage premises- These are used for storing goods that enter the customs
premises of the EU and await further approval
Type B customs warehouse- These are public customs warehouse. The administrator
has the right to make the warehouse available to anyone who wants to store the goods
iType C customs warehouse- These are private customs warehouses. Only the
administrator of the customs warehouse can store goods in such a warehouse. The
warehouse keeper can store goods on behalf of others but he shall remain responsible
for customs for the goods stored in such warehouses
Type D and E customs warehouse- Only the administrator is allowed to store goods in
such warehouses. These are strictly private warehouses
Free warehouse- it is a public bonded warehouse under the control of customs.
Anyone can store goods in such warehouses
Special economic zone- SEZ or a free zone is not a building but a location. It serves
similar purposes as a free warehouse.
New Approach to Supply Chain Transparency

- Jessica Singh

Consumer pressure, political tensions, forced labor accusations and new regulations have
increased the pressure on companies to share information on their supply chains. Today’s
supply chains evolved to serve a specific objective - minimize costs. Manufacturing hubs are
scattered across the world. Few products originate from a single country; raw materials come
from one region, with production done in another.
Few businesses can prove who is in their
supply chain (beyond the suppliers they
directly contract with) and fewer are
capable of staying on top of the business
practices adopted by their suppliers.
Businesses must embark on a more
structured journey to collect information on
or from their suppliers. The demands for
information will only grow. Knowing your
supply chain all the way through to the raw
material producer and the ESG details of your suppliers will become a requirement for every
business.
Germany recently joined countries such as the UK, Australia, and the Netherlands in the global
legislative trend to combat unsustainable supply chain practices by passing its own Supply
Chain Due Diligence Act. From 2023 businesses with over 3000 employees have to prove that
their supply chains are sustainable and that there are no human rights violations in their
supply chains.
Being able to access all the data in one place is powerful – companies can easily look up where
a specific item is sourced from, or where it was produced. This knowledge will also help
businesses identify inefficiencies in their supply chain. For industries such as fashion and food
retail, which are two of the biggest polluters, this would be valuable information. This data can
also be shared securely with the entire supply chain to encourage better collaboration and
efficiency.
The technology to change this status quo exists
today. Platform-based solutions allow businesses
to integrate data from multiple sources, with
incentives for suppliers to share info, and
allowing for external verification.
Technology cannot just help businesses achieve
their ESG objectives and meet the growing
demands for disclosure, but can also help them
stay a step ahead - of their investors, customers,
regulators and competitors.
 Paperless Warehouses

- Kankan Das

Companies have always used a paper-based warehousing system, but this is beginning to
change. More firms are beginning to transition to a paperless warehouse system to
accomplish these aims as a result of a combination of technical improvements, the need to
reduce waste, general inefficiencies, and overall be more productive.
Nearly 3,000 shipments are transported every second in the global supply chain. Reread
that, and by the time you've finished, another 10,000 packages have left the building.
There's no way that paper can fully use this type of huge data. Inventory management
software (also known as inventory automation software) is now available and will
completely transform your business processes.

Warehouse and distribution

services that use contemporary
technology and automation to
streamline warehouse procedures
and workflows are referred to as
paperless warehousing. It not only
improves speed and accuracy, but
it also gives you complete visibility
into your ecommerce supply
chain. For increased flexibility and
scalability, firms can outsource
logistics to a tech-enabled
warehouse.

Paperless warehousing automates routine activities, reducing the need for time-consuming
human labour and saving thousands of man-hours. An order picker, for example, can
swiftly discover and pick an item to complete an order using an inventory scanner system
that can scan and track things using barcodes. By tracking how inventory is doing by SKU at
each warehouse site, the warehouse layout and design may be modified utilizing
technology to optimize storage and streamline order fulfilment procedures. Supply chain
management requires knowing how many units of each product are held at each
distribution center.

Retailers can quickly track inventories and view orders by status by deploying paperless
warehousing systems. By measuring carrying costs and inventory turnover over time,
visibility can also assist cut logistical expenses. Because order data is routinely logged,
brands can quickly access previous data and insights to estimate demand, avoid stock outs,
and improve customer happiness.
 Team Opcellence
BATCH 2020-22

Shikhar Prasad Bhaskar Saha

Trinadh Koushik Burra

Kriti Chakraborty Manthan Shrivastava

BATCH 2021-23

Kankan Das Shubham Mehrotra

Vimlendu Shekhar Mishra

Hazari Ishar Alam Jessica Singh

Let's turn our Factories to max efficiency level!