Warehouse and Inventory management is used to measure how much stocks you have at any one time and how you keep track of it. It applies to every item you used to produce a product or service from raw materials to finished goods. An organisation’s success and efficiency can be affected by its warehouse operations. Efficient inventory management can save money, help retain customers and maintain continuous operations.
1. Introduction to Warehouse Management
- objectives, responsibilities, accountabilities, warehouse management cycle
2. Analysis of stocks
- main types of inventory
- analysis of demand
- analysis of supply
- calculation of stock holding requirement
- forecasting techniques
- effective inventory management (ABC), analysis, FIFO & LIFO
3. Warehouse methods
- goods inwards, goods outwards
- stock location
- order picking
4. Managing warehouse activities
- unloading and receiving goods
- carry out the tasks involved in receipt and issue
- carry out goods inspection procedure
- procedure for goods issue
- putting away in the bulk storage
- transfer from bulk storage to order picking section
- types of storage and material handling equipment
- assembly of orders
- checking, packing, despatch
- Assist in monitoring stock level, improved customer service and implementation of JIT (just-in-time).
- Provide participants with tools and techniques to reduce organisation’s total cost of operations
Who Should Attend
Junior and middle management staff with the responsibility over inventory control, stock take and warehouse management.
Pavan Sharma has over 20 years of international experience in engineering, logistics and supply chain, process improvement, business development, corporate training and consultancy with 10 years of managing at top senior level. He is a proven leader and expert contributor to organisational goals in increasing revenue and cost management.
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Ref No: SB200011
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