Inventory and Warehouse Applications to Optimise Companys Performance

  

About this Course

In our today’s volatile and very competitive business environment, for a company to be able to stand on top of their competition, it must be able to exhibit the right amount of responsiveness to customers’ changing needs, show significant signs of innovation, but most importantly to integrate key business process of warehousing & inventory applications that will provide service and reliability and manage their costs in order to add value to various stakeholders.

In this seminar we shall explore fundamental and progressive applications for a well managed, workable and effective environment in any warehouse, which will significantly contribute and optimise the company’s performance.

Objectives

To enhance participants’ understanding and vital role in the warehouse operation. Empower them with real-world strategies; bestow them with principles, concepts and techniques related to the modern warehouse and inventory management. To improve productivity and reduce errors, thus reduce costs and deliver higher value to their company.

Upon completion of this workshop, participants will be able to;

  • Guide efficiently their employees in managing warehouse space, tools and personnel
  • Apply new ideas in handling and clearing obsolete stock
  • Be familiar with advanced applications and latest MHE
  • Relate new processes and strategies in creating a manageable and workable warehouse environment
  • Utilise properly existing storage space without resulting to getting new one
  • Apply Lean Process, Continuous Improvement, Seven Wastes and Five-S Technique to achieve a lean and productive working environment
  • Contribute to the improvement and progression of their company

Target Audience

This course is designed for senior people with an assortment of degrees of experience in the warehouse-distribution operation (Distribution, Logistics and Purchasing Managers, Warehouse Managers & experienced Supervisors, Head of Departments) of private or public organisations, as well as key management figures from SMEs keen to enhance their knowledge related to working in an effective warehouse environment.

Duration

Two days

Curriculum

Introduction, Ground Rules, Learning Outcomes - Warehouse and its Environment

  • The Warehouse Role in the Supply Chain Management
  • Main and Auxiliary Operating Functions

Optimising Inventory Management within the Warehouse Environment

  • Inventory Costs and Respective Graphs
  • Stock Replenishment - EOQ
  • Measuring Inventory Ratios and Inventory Velocity

Effective Inventory Management Control

  • The Inventory Dilemma
  • Stock and Stuff
  • Stock Outbound Movement Based On “Hits” or “Bits”
  • ECRM Framework

Warehouse Planning and Lay Out Process

  • Planning Process and Flow Systems
  • Value Stream Mapping Application
  • MHE and Extend of Automation
  • Case Study and Presentation of Outcome

Optimum Storage Space Utilisation and Warehouse KPIs

  • Creating Additional Storage Space without the Need for Expansion or Getting New Ones
  • KPIs

Re-Evaluation of Previous Day’s Major Points - Warehouse Productivity, Health and Safety Regulations

  • SOPs and Tips of Being a Good Warehouse Employee
  • Health Concerns
  • Analysis of Two Major Safety Areas in any Warehouse
  • Training Aspects

Warehouse Innovation

  • Analysis of Current a Advanced Trends in Today’s Warehouse Environment
  • Short Various Videos to Cover Future Applications.
  • Benefits from the Warehouse Automation

Lean Process and its Application in the Warehouse

  • Application of Five-S Technique
  • The Seven Major Wastes in the Warehouse Environment
  • Kaizen Approach
  • Visual Work Place
  • JIT and JIC

Ways to Converting Warehouse Operations to Customer Service Function

Conclusion, Action Plan and Q&A Session

  • Participants’ Preparation of their Individual Action Plan
  • Contributions with Questions and Answers
  • Course’s Evaluation

Methodologies

The course will be conducted in English with the aid of a PowerPoint presentation. Strong participants’ interaction will be encouraged at all times.

It will also be supported by a case study and other practical training materials as well as various videos to cover advanced applications, which will endow participants with vital tools in their quest for improvement and excellence

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