Introduction:
Stores/Warehouses and Inventory Management are critical for the effective management of procurement and the supply chain to enable the efficient delivery of superior customer service. An enterprise’s success can be greatly affected by the efficiency of its stores operations; efficient stores management can save money, help retain customers and maintain continuous operations; but stores mis-management can lose an enterprise money, customers and production.. Inventories constitute a significant portion of most firms’ assets.
Hence, effective and efficient management of inventories is one of the most vital functions for a successful organisation. Effective Inventory Management can be the watershed for their success or demise in these times. This course focuses on the operational and strategic management of warehouse and inventory. It covers the most important aspects of Stock Control from warehouse design, operation, control and effective inventory management.
Objectives:
1. Analyze the issues and concepts associated with warehouse and store management.
2. Design and manage warehouse operations.
3. Increase accuracy, traceability and reduce parts variety.
4. Develop participants’ understanding of the strategic importance of Inventory Management for the organisation.
5. Sensitise participants to the impact of inventory on the financial performance of the company.
6. Understand the various methods for setting up the Inventory level.
Program Content:
Module 1: Warehousing - Fundamental Review
1.1 Definition of Warehouse
1.2 Types of Warehouses
1.3 Types of Goods Stored
Module 2: Warehouse Features
2.1 Types of buildings and equipment
2.2 Warehouse Design
2.3 Warehouse Layout
Module 3: Warehouse Operation Management
3.1 Stock Receiving procedures
3.2 Stock identification & Recording System
3.3 Storage Procedures
Module 4: Outgoing Operation
4.1 Product Picking & Checking
4.2 Palletizing
4.3 Loading & Recording
4.4 Confirmation
Module 5: Inventory Management
5.1 Inventory Management as part of Quality Warehouse
5.2 Functions of Inventory
5.3 Objectives of Inventory Control
Module 6: Managing the level of Inventory
6.1 Inventory Support System
6.2 Controlling Stock Quantity & Value
6.3 Methods to Manage the level of Stock
Module 7: Inventory Verification
7.1 Types of Stock taking
7.2 Organisation for Stock Taking
7.3 Disposal & Write-Off
Module 8: Measuring the overall Performance
8.1 Safety & Security
8.2 Order fulfilment/Customer satisfaction
8.3 Cost Effectiveness
Methodology:
• Lectures
• Presentation
• Group discussions/interactions
• Case studies
Who Must Attend:
1. Logistics, Warehouse, Sales, Purchasing, Planning Executives/ Officers/Supervisors
2. Logistics, Warehouse, Sales, Purchasing, Planning Team Leaders and Clerical staff
Investment Fees:
RM1,600.01 (Including 8.00% Service Tax) per participant (Standard Fee)
RM1,400.00 (Including 8.00% Service Tax) per participant (Early Bird Fee, register by 10 May 2024)
Group incentive: Register 3 participants from the same organization, the 4th participant is FREE. (Buy 3 Get 1 Free)
Registration:
There are 3 methods to register for this training:
- Kindly click here for online registration. Register Now.
- Kindly download this registration form, and fill up all the particulars. Please fax back to +6-03-6270-9993. Click here to download Registration Form (177KB).
- Call us to register. Tel: +6-03-6270-9883.
Notes:This Training Programme is HRD Corp Claimable Course *Subject to HRD Corp Terms & Conditions.
We Are An Approved Training Provider Under HRD Corp Claimable Course With Human Resource Development Corporation (HRD Corp)