Effective Warehouse Management

Course Objectives

• Upon completion of this program, the participants will be able to:

  • Understand how the various activities in warehouse operation is cost.
  • Understand the various methods in Inventory Record keeping.
  • Knows the best-in-class methods in receiving and issuing stocks to reduce loss and damage.
  • Understand the role of Inventory in Customer Satisfaction and Retention.
  • Understand how to manage the warehouse operation effectively to reduce cost.

Target Audience

This course is suitable for Managers, Executives, Officers, Team / Line Leaders, Supervisors and warehouse personals

Methodology

This is a highly interactive training programme, whereby participants are to gain the learning points through experiential activities, class discussion and group work.

Course Modules

Module 1 – The Role of Warehousing in Supply Chain Management

• Introduction to the overview of Supply Chan Management
• The Importance of Warehouse management in Supply Chain

Module 2 – What Is Inventory And Warehouse Operational Cost All About?

• Importance of Stores and Warehousing Operations
• Defining functions related to Warehousing
• How cost is attributed in the Receiving and Issuing functions
• How warehouse contribute to the Supply Chain
• How to add warehousing Facility – Shorter Haul Transportation

Module 3 – Types Of Warehouses And The Functions

• Public Warehouses
• Private Warehouses
• Contract Warehouses & Multi-client Warehouses

Module 4 – Warehouse Operation – Receipts/Despatch

• Receiving Process
• Storing Process
• Storage
• Stock Identification
• Minimizing handling
• Quantity and quality control
• Damage and loss control

Module 5 – Warehouse Operation – Order Picking System

• Objectives of order picking
• System options – order based picking and batch picking
• Factors effecting productivity in order picking

Module 6 – Sorting, Packing & Despatching

• Sorting and Kitting
• Packing – Understanding unit the concept of unit load
• Planning of Route and Despatching

Module 7 – Stock Location and Inventory Control

Inventory records

• Stock security and shrinkage
• Record accuracy reporting
• Stock location systems
• Stock Taking

Module 8 – Understanding Inventory Classifications

• Cycle or Base Stock
• Safety / Buffer Stock
• Pipeline /Transit Stock
• Speculative Stock

Module 9 – The Inventory Control & Planning & Valuation Of Stock

• Stock Replenishment
• Inventory Valuation Method
• Material Requirement Planning
• Reducing value of Inventories
• Calculation on Storage and Stocks

Module 10 – Contemporary Approaches To Managing Inventory

• ABC Analysis
• The 80 / 20 Rule in managing the inventory
• The Just In Time Method Approach
• ECR Concept and the QR Concept
• Vendor Managed Inventory (VMI)
• Inventory Tracking
• MRP /ERP/DRP/SAP Systems

Module 11 – Preparation For Stock Take & Other Factors Involving Stores & Inventory Control

• 10 important factors to remember before a Stock Take
• Why stock take is important
• What will be the implication if stock-take is not done effectively?
• What will be the cost involved in Stock Take

Module 12 – Warehouse Operation – Storage Systems

• Selecting the right storage medium for your product profile
• Different types of Racking Systems and its Space Utilization and Picking Efficiency
• How to plan your storage to increase picking efficiency

Module 13 – Material Handling Equipment & Scanning device

• Unit Load
• Handling Principals
• Material Handling Equipment
• Scanning device

Module 14- Warehouse Safety & Security

• Warehousing Safety Aspect & impact
• Warehouse Safety Risk Assessment