MINISTRY OF EDUCATION AND TRAINING HO CHI MINH CITY UNIVERSITY OF TECHNOLOGY AND EDUCATION CAPSTONE PROJECT INDUSTRIAL MANAGEMENT ANALYZING OF WAREHOUSE MANAGEMENT AT AVERY DENNISON COMPANY (WAREHOUSE 4) LECTURER: Ms. HỒ THỊ HỒNG XUYÊN STUDENT: TRẦN ĐÌNH DUY SKL 0 0 8 3 2 0 Ho Chi Minh City, December, 2021 MINISTRY OF EDUCATION AND TRAINING HO CHI MINH CITY UNIVERSITY OF EDUCATION AND TECHNOLOGY FACULTY OF ECONOMICS GRADUATION THESIS TOPIC: ANALYZING OF WAREHOUSE MANAGEMENT AT AVERY DENNISON COMPANY (WAREHOUSE 4) Student : Trần Đình Duy ID Number : 18124156 Course : 2018 Major : Industry Management Instructor : Ms. Hồ Thị Hồng Xuyên Ho Chi Minh City, December 2021 THANK YOU The Avery Dennison Company internship experience was a great opportunity to learn and develop my profession. I consider myself also very grateful that I have been given the chance to be a part of it.
I am so lucky to meet so many great people and experts who have taken me through this point. I would like to thank Mr. Van Nguyen, Warehouse 4 Manager, for his excellent work, he took the time to hear me and to direct me on the correct course, and encouraged me to carry on our project at their highly respected organization. I am so thankful to you for the work you have done during the training.
Don Ho for his valuable decision and advice and encouragement. He was my Team Leader at the time. He helped me push up my strong suit to the next level. I am thankful to remember his contribution at this moment.
I would also like to thank the Faculty of Economics, University of Technology and Education for developing such an incredibly useful course, so we can learn theoretically as well as in practice. In pleasure, I really appreciate all the wonderful things Ms. Ho Thi Hong Xuyen, my mentor, my teacher, has done for me during this time. I actually couldn’t write this thesis well without her assistance.
This chance I consider as a huge achievement in my car. I should aspire to the best use of learned skills, expertise and seek to develop them in order to achieve desired career goals. I hope that in the future we will continue to work together. Ho Chi Minh City, December 2021 Author’s Sign Page i LIST OF ACRONYMS ACRONYMS FULL MEANING AD Avery Dennison Co.
Ltd Company Limited DA Data Analyst DOS Days Of Supply EHS Environment, Health and Safety FIFO First In – First Out GPD Global Project Development GRC Gate Realistic Confirm IHM Industrial and Healthcare Materials Im - Ex Import - Export INV Inventory KPIs Quick Response LGM Data Analyst MSEA Micro & Small Enterprises Authority MT Meter NYSE New York Stock Exchange PO Purchase Order Pur Purchasing QR Quick Response RBIS Retail Branding and Information Solutions RFID Radio-Frequency Identification Page ii RM Raw Materials SHT Sheet TQ Total Quality VMI Vendor Management Inventory VSIP Viet Nam – Singapore Industrial Park WH Warehouse WIFI Wireless Fidelity WMS Warehouse Management System Page iii LIST OF TABLE Table 3.1: Input – Work instruction at Warehouse 4 .2: Output – Work instruction at Warehouse 4.3: Data record comparison. 33 Page iv LIST OF FIGURE Figure 1.1: Avery Dennison Logo .2: Label and Packaging Materials products .5: Retail Branding and Information products .8: Performance Tapes products .11: Avery Dennison RBIS chart operation .12: Avery Dennison Annual Financial Report 2016 - 2020 .13: Avery Dennison Year Stock Chart .14: Supply Chain Department and Warehouse work chart .15: Map in Warehouse .1: Structure of a supply chain .2: Example of a Double ABC Analysis .3: ABC Analysis: product value and frequency of sales .4: VMI chart work.5: Bullwhip effect illustrated.1: General link operation process.2: Import process chart .3: Goods Received Note .4: Raw materials arrive at Warehouse 4 .5: TQ team are checking new RM .6: The temporary location .8: RM Tracking computer .9: Export process chart .10: RM Request form .11: Clerk team are checking on computer .12: The vacant location at Warehouse 4 .13: The Operator takes the goods .15: Air conditioner at Warehouse .16: Safe working loads instruction .17: The racks of Warehouse 4.18: The month label of Warehouse 4 .22: The reach fork truck .25: Fire prevention tools .26: Chemical Indentification Tag .27: The volume data comparison 2021 – item 10H000141 .1: VMI category using space inventory .2: VMI total inventory and max stock .3: VMI inventory situation .4: The old data information flow .5: The new data information flow .6: QR Barcode current and early project step .7: Working desk of Shipping mark team .8: Shipping mark label .10: Shipping mark workflow chart .11: The new combine stamp (the new shipping mark). 57 Page vi LIST OF CONTENT THANK YOU .i LIST OF TABLE .iv LIST OF FIGURE. v LIST OF CONTENT.
Background of the thesis. Purpose of the thesis. Scope and Object of the thesis. 2 CHAPTER 1: OVERVIEW ABOUT AVERY DENNISON AND WAREHOUSE 4.
Introduction to Avery Dennison. Origin and Development. Field and Products. Supply Chain department.
Introduction to Supply Chain department. Supply Chain work chart. Introduction to warehouse 4. 13 CHAPTER 2: LITERATURE REVIEW.
Definition of supply chain. Warehouse in Supply Chain. What is Warehouse. The role of the warehouse.
The function of the warehouse.2 Double ABC Method. Vendor Management Inventory (VMI). 21 CHAPTER 3: THE REALITY OF WAREHOUSE 4’S WORKING PERFORMANCE. General link operation process.
Specific business process in Warehouse 4. Reality of warehouse management. Warehouse layout status. Inventory forklift and pallets .6 Data information framework flow.
Evaluation of the management of raw materials at Warehouse 4. 41 CHAPTER 4: SOLUTION FOR A BETTER WAREHOUSE MANAGEMENT. Urgency and purpose. Purpose and limitation.
Solution for warehouse 4 management. Shipping Mark Advanced Solution (QR Barcode). Current and Early Project Step. Evaluation and solutions for QR Barcode project.
The solutions for the project. The novelty of the solution. 61 Page ix INTRODUCTION 1. Background of the thesis Production is always an important industry in our lives.
Manufacturing Companies always have a special mission for economic development and serve market requirements. For good production management, it is necessary to have great warehouse management as a companion. Effective inventory management, sources of raw materials are available and sufficient to meet, meaning that the production room will be assured of input to perform their duties. Warehouse management must not allow a lot of mistakes, which can affect the entire line behind and worse can affect the entire productivity of the company.
The warehouse is not only responsible for the storage function, but also is responsible for ensuring the input of raw materials for production as well as for semi-finished products. There are always problems that affect that sustainability. Through more than 6 months of internship at Warehouse 4 at Avery Dennison, I have experienced many problems at this material warehouse. Also participating in the project to improve the company's warehouse management.
I want to build an essay with the most objective and subjective views about the problem in reality and apply knowledge in practice. With a strong motivation about the great value brought after improving the warehouse management system, I choose the topic "Analyzing warehouse management at Avery Dennison Company (Warehouse 4)" for my graduation thesis to bring those things convey to everyone. Purpose of the thesis General purpose: - Analyze warehouse 4 management at Avery Dennison RBIS Company. - Improve the management performance of raw materials in the stock at Warehouse 4 of Avery Dennison RBIS Company Detail purpose: Page 1 - Learning and grasping about the process, professional operations, and management of Warehouse 4 of Avery Dennison Company.
- Evaluating warehouse performance and limitations. - Proposing solutions to improve Warehouse 4 management of the company. - Suggesting solutions to make employees work more efficiently and inventory management better. Scope and Object of the thesis Scope of the study: The warehouse management at Warehouse 4 of Avery Dennison RBIS Vietnam is located at No.
4 Street, Long Hau Industrial Park, Long An Province. Data collection time period: Data collected from July 1, 2021 to November 20, 2021 4. Research method Information collection methods: collect information from profile, document and results through internal audits as well as feedback of involving people. - Data analysis methods: using the analyzed historical data.
- Qualitative data analysis: implemented in the form of either interpretation explanation and understanding of the situations from investigating. - Delphi method: Useful information when exchanging with experts in the field. Paragraphs Chapter 1: Overview about Avery Dennison and Warehouse 4. Chapter 2: Literature review.
Chapter 3: The reality of Warehouse 4’s working performance. Chapter 4: Solutions for a better Warehouse 4 management. Page 2 CHAPTER 1: OVERVIEW ABOUT AVERY DENNISON AND WAREHOUSE 4 1. Introduction to Avery Dennison Avery Dennison (NYSE: AVY) is a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials.
The company is a member of the Fortune 500 and is headquartered in Glendale, California. Avery Dennison RBIS, the $1.6 billion business of Avery Dennison Corporation, specializes in solutions for apparel and footwear brands. Avery Dennison RBIS provides smart, innovative, and sustainable solutions to help brands optimize product value and enhance performance in global trade supply chains. We elevate the brand through solutions for graphic paper labels, printed fabric labels, labels, decorative accessories, and packaging to attract consumers.
Full name: Avery Dennison RBIS Vietnam Co., Ltd Tax: 3700482964 Address: Lot E01 Center Street (Duong Trung Tam), Long Hau Industrial Park, Long Hau Ward, Can Giuoc District, Long An Operation date: August 1, 2003 (Operating for 18 years) Phone: +84 28 3776 3336 Legal represent: Nguyễn Cửu Thanh Châu Number of employees: Over 1,000 people Authorized capital: 30 billion dollars Corporation slogan: Inspired Brands, Intelligent World Area: 27.000 square meters Logo: Page 3 Figure 1.1: Avery Dennison Logo (Source: Company public website) 1. Origin and Development In 1935, Avery Dennison Corporation was founded in Los Angeles, California as Kum Kleen. The name was changed to Avery Adhesives in 1937. The company was originally founded by Ray Stanton (“Stan”) Avery, the first inventor of the first self- adhesive sticker.
The first Avery labels were simple, round price stickers. Stan Avery chose Kum Kleen Products as his original company name to advertise the ability of a self-adhesive label to be removed without leaving a mark. In 5 years of operation, the number of employees is only 19. In 1946, the company was incorporated into Avery Adhesive Label Corp.
and the name was later changed to Avery Adhesive Products, Inc. in 1958, and Avery Products Corporation in 1964. The name was again changed to Avery International Corporation in 1976, and it became Avery Dennison after the company strategic merged with Dennison Manufacturing Company in 1990. Today the corporation operating in more than 50 countries, with more than 32,000 employees and over $7 billion in revenue (2020).
In Vietnam, the factory was established on May 3/2003 first in VSIP, Thuan An town, Binh Duong Province and quickly get the trust of customers and occupy a strong market often. After more than 12 years of operation in the Vietnamese market, to serves the huge market demand, the corporation decided to build and inaugurate a new factory in Long Hau industrial park, Can Giuoc town, Long An province. Total investment capital up to Page 4 30 million dollars. Nowadays, the company operates with more than 3000 employees, dealing in many fields related to labels, packaging, decorative accessories and RFID labels (In 2020 Avery Dennison completes acquisition of Smartrac’s RFID transponder business).
Field and Products Avery Dennison Corporation is a multinational manufacturer and distributor of pressure-sensitive adhesive materials (such as self-adhesive labels), apparel branding labels and tags, RFID inlays, and specialty medical products.