Course Overview:
This course is designed to provide participants with advanced knowledge and skills in warehouse and inventory management. The course focuses on best practices, cutting-edge strategies, and technologies that enhance operational efficiency, cost control, and service levels. Participants will learn how to streamline processes, optimize warehouse layouts, implement inventory control techniques, and make data-driven decisions using advanced software tools. Additionally, the course covers demand forecasting, supplier relationship management, and risk mitigation to ensure smooth and effective warehouse and inventory operations.
Duration
5 Days
Who Should Attend
- Warehouse and inventory managers
- Supply chain and logistics professionals
- Procurement and purchasing officers
- Operations managers
- Business owners involved in warehousing and inventory functions
- Professionals looking to enhance their knowledge of inventory control and warehouse management
Course Objectives
By the end of this course, participants will be able to:
- Apply advanced warehouse management techniques to improve operational efficiency.
- Implement inventory control systems to reduce costs and minimize stockouts and overstocking.
- Optimize warehouse layout and storage systems for better workflow and space utilization.
- Use modern software tools and data analytics to manage inventory effectively.
- Develop and execute demand forecasting and inventory replenishment strategies.
- Enhance supplier collaboration and manage warehouse risks more effectively.
- Implement safety and regulatory compliance practices in warehouse operations.
Course Outline:
Module 1: Warehouse Design, Layout, and Process Optimization
- Introduction to warehouse management and supply chain integration
- Optimizing warehouse design and layout for efficient operations
- Best practices for warehouse process flow and material handling
- Technology in warehouse operations: Automation and WMS (Warehouse Management Systems)
Module 2: Advanced Inventory Control Systems
- Inventory management principles: ABC, Just-In-Time (JIT), and Economic Order Quantity (EOQ)
- Implementing perpetual and periodic inventory systems
- Techniques for reducing stock discrepancies and ensuring inventory accuracy
- Minimizing waste, shrinkage, and obsolescence
Module 3: Demand Forecasting and Inventory Planning
- Demand forecasting techniques and their role in inventory planning
- Inventory replenishment methods and safety stock calculation
- Balancing inventory levels with demand fluctuations
- Managing seasonal demand and product life cycles
Module 4: Warehouse Technologies and Automation
- Modern tools for inventory tracking: Barcodes, RFID, and IoT in warehouses
- Utilizing Warehouse Management Systems (WMS) and Enterprise Resource Planning (ERP) systems
- Data analytics and reporting for decision-making in warehouse and inventory operations
- Managing the human factor: Employee training, motivation, and performance tracking
Module 5: Risk Management, Safety, and Supplier Collaboration
- Risk identification and mitigation in warehouse operations
- Ensuring safety and compliance with industry standards and regulations
- Supplier relationship management and improving lead times
- Continuous improvement strategies for warehouse and inventory management
Customized Training
This training can be tailored to your institution needs and delivered at a location of your choice upon request.
Requirements
Participants need to be proficient in English.
Training Fee
The fee covers tuition, training materials, refreshments, lunch, and study visits. Participants are responsible for their own travel, visa, insurance, and personal expenses.
Certification
A certificate from Ideal Workplace Solutions is awarded upon successful completion.
Accommodation
Accommodation can be arranged upon request. Contact via email for reservations.
Payment
Payment should be made before the training starts, with proof of payment sent to outreach@idealworkplacesolutions.org.
For further inquiries, please contact us on details below:
