Warehouse Inventory Management
About This Course
No business can survive very long without an effective program of controls over the parts and materials that are used in producing or distributing goods and services of the firm. Like many other things that depend on human interpretation, ‘Control’ means different things to different individuals. This is a workshop for the warehouse or stockroom manager, the person in charge of what come in and goes out of the company. You want a smooth and cost-effective operation, with enough products on hand to satisfy needs without stockpiling too much.
Module 1: Introduction to warehouse management:
– Obejctives of warehousing.
– The modern warehouse.
– The warehousing Cycle.
– Problems and challenges in warehousing.
– Warehousing and inventory costs.
– Customer service in warehousing.
Module 2: Inventory Classification and Record Accuracy:
– Types of Inventory.
– The ABC Classification.
– Uses of the ABC Classification.
– Inventory record accuracy.
– Reasons for poor accuracy.
– Periodic and cycle counting.
– Systems and methodology of coutning.
– Knowing what is inside the warehouse.
– knowing how much is inside the warehouse.
Module 3: Storage and Material Handling Systems:
– Layout of the warehouse.
– Size and shape of the warehouse.
– Storage utilization and organization.
– Types of storage systems.
– Fixed versus random location.
– Material handling equipment.
– Material handling equipment checklist.
– Improving the receiving / issuing material operations.
Module 4: Dealing with staff related warehousing issues:
– Key roles of the warehouse manager.
– Staff management issues.
– Corrective guidance techniques.
– Qualities of a good warehouse employee.
– Motivation of warehouse employees.
Module 5: Safety in the Warehouse:
– Good housekeeping inside the warehouse.
– Identifying safety hazards.
– Unsafe acts and conditions.
– Causes of Damage.
– Planning for safety.
Module 6: Productivity and audit of a warehouse:
– Definition of productivity.
– Causes of lost time.
– Warehousing key performance indicators.
– Objectives of the warehouse audit.
– Components of the audit.
– Steps to follow before, during and after the audit.
Learning Objectives
Requirements
- No prerequisite required
Target Audience
- Inventory Control/ Warehouse Managers & Supervisors.