ADVANCED WAREHOUSE OPERATIONS AND INVENTORY CONTROL SYSTEMS

CLASSROOM FEE: ₦160,000 | ONLINE FEE: ₦120,000

SYNOPSIS: This training will enable participants to understand, Analyzing costs and lead times; improving current methods, learn the principles of Warehouse and Inventory Management and implement the essential tools for managing warehouses & inventory in the supply chain.

COURSE OBJECTIVES

By the end of this program you will be able to:

• Learn the principles of Warehouse and Inventory Management
• Evaluate current procedures
• Examine operations and activities, analyze the key areas of operations and improve operations
• Make needed changes to methods to improve customer service whilst achieving reductions in inventory
• Eliminate wasteful costs
• Understand and implement the essential tools for managing warehouses and inventory in the supply chain

COURSE CONTENT

Warehouse, Stores and Stock Control Management

• The Role of the Warehouse
• Product Classification
• Layout Options
• Methods and Equipment
• Health, Safety, Security and Loss
• Productivity and Costs
• Service Levels
• Stock Coding, Recording and Checking

Features Influencing the Choice of Warehouse Location

• Desired customer base
• Proximity to carrier services
• Storage requirements
• Workforce availability
• Longevity

Factors Influencing Warehouse Design and Layout

• Product
• Space
• Equipment
• Circulation of goods
• Personnel

Aspects Considered When Designing Warehouse Layouts

• Make most of available space
• Reduce handling of goods to a minimum
• Provide easy access to the stored product

Inventory Management Techniques

• Inventory and the Supply Chain
• Inventory Replenishment Methods and Systems
• Stock Control and Checking
• Inventory Performance

Types of Inventory Control Systems

• Perpetual inventory system
• Periodic inventory system
• Barcode inventory system
• Radio-frequency identification (RFID) inventory system

Common Warehouse Inventory Issues

• Inaccurate quantities
• Capacity
• Damage
• Product identification

Challenges to Warehouse Management

• Managing warehouse space and layout
• Inventory accuracy and tracking
• Inaccurate purchase orders
• Handling product damages
• Managing demand fluctuations

FOR WHOM: Inventory/Stores/Warehouse Managers, Officers, Supervisors, Operations, Production Managers etc.