At the end of this course participants will be able to:

• Understand the importance of e ective warehouse management
• Understand the management of inventory, including good movements and transportation
• Reconcile physical inventory balances and system records

• Inventory management
• Inventory planning
• Inventory operations
• Warehouse planning and systems

Day 1

Inventory Management

• Definition and importance
• The financial implications of holding or not holding enough inventor
• The role of the inventory manager
• Inventory management and supply chain strategy
• Demand forecasting
• Lead time management

Day 2

Inventory Planning

• Inventory planning fundamentals
• Inventory categorization techniques
• Inventory coding systems
• The inventory management plan

Day 3

Inventory Operations

• Monitoring movements
• Measuring and valuation of inventory
• Receipt and issuance of inventory
• Systems to replenish inventory
• EOQ
• ROP, JIT

Day 4 and 5

Warehouse Planning and Systems

• Warehouse location and acquisition options
• Warehouse design
• Warehouse layout
• Space calculation
• Materials handling and equipment
• Warehouse operations
• Warehouse administration
• Record keeping and communication
• IQS
• Physical inventory

At the end of this course participants will be able to

• Understand the principles for balancing material ows and workloads in a warehouse or distribution center, in order to install productive and cost-e ective operations
• Have the necessary know-how and techniques to organize or improve the working methods in warehouses and distribution centers

• Integrated logistics and the role of the warehouse in the supply chain
• Warehouse planning and systems
• Decisions about layout
• WMS and cost control
• Performing warehouse operations

Day 1

Integrated Logistics and the Role of the Warehouse in the Supply Chain

• Role and purpose
• Types
• Analysis of different warehouse operations

Day 2

Warehouse Planning and Systems

• Warehouse location and acquisition operations
• Warehouse design
• Warehouse layout
• Space calculation
• Materials handling and equipment
• Warehouse operations
• Warehouse administration
• Record keeping and communication
• IQS
• Physical inventory

Day 4 and 5

Decisions About Layout

• Operational procedures
• Methods for order picking
• Methods for inventory taking
• Location management in a warehouse

Day 6

WMS and Cost Control

• Warehouse Management Systems (WMS) possibilities and restrictions
• Data identification, barcodes, and radio frequency
• Cost and investment analysis

Day 7

Performing Warehouse Operations

• Standard times, ergonomics, and security
• Flexibility and productivity
• Dynamic priority management
• Key performance indicators

At the end of this course participants will be able to:

• State the objectives of stock control and inventory management and list their impact on cost and customer service
• Prepare proper classification of inventory, and use best practices for item specifcation and cataloguing
• Use forecasting techniques to predict demand and better manage lead times
• Compute the optimum ordering quantity, and determine safety stocks and reorder points
• Schedule cycle counts, improve inventory record accuracy
• Identify relevant key performance indicators to measure and improve inventory performance

• Setup and configuration
• Data entry processing
• Hand-on stock take
• WMS and cost control
• Assisted stock take
• Implement purchase orders
• Implement minimum and maximum levels
• Remote-assisted stock take

Day 1

Introduction to Stock Control

• What is stock?
• Stock control de nition
• Stock control elements
• The need for stock control

Setup and Configuration

• Locations
• Suppliers
• Stock items
• Bulking stock reduction
• Reduction quantity calculations
• Confirm gross profit percentages are 100% correct

Day 2

Data Entry Processing

• Supplier invoice entry
• Stock transfer entry

Day 3

Hand-On Stock Take

• Goals
• Profiles and worksheets
• Entering counts
• Stocks valuation
• Preview variance
• Variance report definitions and analyses

Day 4

Assisted Stock Take

• Goals
• Preview variance
• Variance report definitions and analyses
• Stock valuation

Day 5

Purchase Orders

• Why implement purchase orders?
• Creating purchase orders
• Receiving purchase orders

Day 6

Minimum and Maximum Levels

• Why implement minimum and maximum levels?
• Setting minimum and maximum levels
• Creating automatic purchase orders

Day 7

Remote-Assisted Stock Take

• Remote-assisted stock take goals
• Preview variance
• Variance report definitions
• Variance report analyses
• Stock valuation