
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.