ADVANCED INVENTORY & WAREHOUSE MANAGEMENT (MANAGER)

NAME OF THE COURSE
ADVANCED INVENTORY & WAREHOUSE MANAGEMENT (MANAGER)
 
CERTIFICATION
ADVANCED INVENTORY & WAREHOUSE MANAGEMENT (MANAGER)
 
COURSE OVERVIEW
The Advanced Warehouse Management, Warehousing Performance Measures, Storage Control and Safety training course covers the warehouse operations theories, concept and operational strategies ensuring the efficient flow of products in and out of the facility, ensuring orders are fulfilled and products are in stock, but not overstocked. Thus ensuring profitability and minimizing overhead and labour costs. This training course will also enable delegates to measure warehouse metrics critical for providing team leaders with a clear vision of potential issues and opportunities for improvements.
 
TRAINING DURATION
Training Hours per day : 4-6 Hours
Total Training Hours : 20-24 Hours
Training Duration      : 5 Days
Total Training  Days  : 5-10 Working Days
 
TRAINING SCHEDULE
Weekdays (Sunday to Thursday)
Regular Sessions : 4 – 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included
Weekends (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included
 
CERTIFICATION
Globally recognized certificate from “Kings Global Career Academy”
 
TEST
No
 
LEARNING AIDS
Yes
 
COURSE MATERIAL
Hard & Soft Copies of Study Material
 
LANGUAGE OF INSTRUCTION
English
 
INSTRUCTOR HELPLINE
Yes
1. Email
2. Social Media (For Emergency requirements)
 
REGISTRATION REQUIREMENTS
1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
 
MODE OF PAYMENT
Cash / Cheque / Credit Card / Bank Transfer.
 
ELIGIBILITY
This program is for all individuals who have a stake in the Supply Chain and all Logistics, Materials, Inventory, Stock, Warehouse and Distribution Professionals
It will be especially helpful to all those who are looking to make business gains and benefits and to any owners, operators and directors of companies with warehouse and stores operations and who hold stock and inventory
 
COURSE BENEFITS
  • Learn the principles of Warehouse and Inventory Management
  • Evaluate current procedures; Examine operations and activities
  • Analyse the key areas of operations; Identify and Understand key performance indicators
  • Succeed in improving operations; Improve personal productivity
  • Make needed changes to methods to improve customer service whilst achieving reductions in inventory
  • Eliminate wasteful costs; Avoid those internal problems that limit performance
  • Obtain added value for money
  • Understand and implement the essential tools for managing warehouses and inventory in the supply chain
 
COURSE CONTENTS
 
Warehouse, Stores and Stock Control Management
Role of the Warehouse
 
  • An introduction to why we need a warehouse, what functions do they cover, how do they fit into the supply chain including:
  • The balance between sorting and storing
  • 12 initial questions to ask about warehousing activity
 
Product Classification
 
  •  
  • Supply /demand variables
  • ABC Analysis or the 80/20 rule
  • Determining product handling groups
  • Throughputs and product formats
 
Layout Options
 
  • Receiving options
  • Storage options
  • Picking/assembly options
  • Despatching options
  • Using the floor and the height space Organising for flow
 
Methods and Equipment
 
  • Warehouse structures
  • Loading bays
  • Selecting forklift trucks
  • Selecting racking
  • Implications for warehouse layouts
  • Operational timings and planning
 
Health and Safety
 
Duty of care
  • Inspections and risk assessments-task analysis
  • Equipment maintenance and care
  • Raising people’s awareness
 
Security and Loss
 
  • Fixed and variable cost
  • Typical costs involved
  • A model for understanding the roles of productivity, utilization, and performance
  • Setting productivity and cost targets
  • The importance of having measurements and key indications of performance
 
Security and Loss
 
Productivity and Costs
 
Fixed and variable cost
 
  • Typical costs involved
  • A model for understanding the roles of productivity, utilization, and performance
  • Setting productivity and cost targets
  • The importance of having measurements and key indications of performance
 
Service Levels
 
  • Internal and external customers
  • The three key customer service measure
  • Customer service sampling
  • Effects of substandard service
  • Minimising errors
 
Stock Coding
 
  • Different methods
  • Understanding of all involved
  • Checklists to help on deciding the best option
 
Stock Recording
 
  • Separation of powers
  • Legal issues
  • How do we get inaccuracies?
 
Stock Checking & Audit
 
  • Roles and responsibility
  • Requirements
  • Job Descriptions
  • Authority levels
  • Tolerances and approvals
  • The programme
  • Options
  • Reconciliations/discrepancies
  • The 7 step model for better warehouse management
  • The top 20 warehousing ideals for continuous improvement
 
Part II: Inventory Management Techniques
Inventory and the Supply Chain
 
  • Inventory management definition
  • Types of stock
  • Demand amplifications
  • Demand replenishment in networks
  • Managing the flows
  • Type I and II supply chains
  • The Supply Chain Rules
  • Inventory and statistics
  • Concept of service level
 
Inventory Key Concepts
 
  • Demand Analysis
  • Demand Forecasting
  • Supply Lead Time
  • Cost & Benefits
  • Inventory benefits
  • Inventory policies
  • Inventory in organizations
 
Methods and Equipment
 
  • Warehouse structures
  • Loading bays
  • Selecting forklift trucks
  • Selecting racking
  • Implications for warehouse layouts
  • Operational timings and planning
 
Inventory Replenishment Methods and Systems
 
  • Basic mechanics of inventory systems
  • The stock time curve
  • Stock components
  • Stock investment
  • Free stock
  • Fixed order quantity systems
  • Fixed order time cycle systems
  • Requirements planning systems
 
Stock Control and Checking
 
  • Inventory receipts
  • Identifying inventory
  • Surplus and obsolescent stock
  • Stock control and records
  • Stock checking programs
  • Reviewing current procedures and policies
 
Inventory Performance
 
  • Inventory Assessment
  • Assessing the stock level
  • Models for implementing inventory control
  • Determining stock targets
  • Inventory questions
  • Inventory KPI’s in warehouses/stores
 
Inventory Strategies
 
  • Push/pull
  • Quick response (QR)
  • Efficient consumer response (ECR)
  • Collaborative planning forecasting and replenishment (CPFR)
  • Lean and agile approaches
  • Quality Management
  • Postponement
  • Cross Docking
  • Consolidation
  • Vendor Managed Inventory (VMI)
  • Consignment stocking
  • Co-Managed Inventory (CMI)
  • Direct product profitability (DPP)
  • Economic value added (EVA)
  • Collaborative supply chains
 
Inventory Improvements
 
  • The Supply Chain and the Theory of Constraints
  • Practical inventory improvements
  • Keys to reducing stock levels
  • Rules for planning inventory
  • Model for planning inventory
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