Training Objectives:
After this training, your participants will be able to:
- Identifying problems in your warehouse inventory system and rectifying them
- Eliminating dead stock and reducing slow moving inventory to improve inventory turns
- Improving the inventory count so as to have a better inventory accuracy
- Ensuring that inventory record accuracy is maintained at all times
- Learn how to plan for your warehouse capacity to avoid out of space problem
- Design a better warehouse layout to optimize performance and safety
- Learn how to effectively practice FIFO/ FEFO without sacrificing on efficiency
Today, warehousing plays a critical role in assuring high levels of customer service and overall logistics performance. Warehousing minimizes the effects of supply chain inefficiencies; improves logistics accuracy and inventory management; and allows product accumulation, consolidation, and customization.
The cost of warehousing should be commensurate with the contribution of warehousing to overall logistics performance of corporate revenue. In world-class warehousing these costs are minimized while improving customer service. The principles and systems described here are common denominators of world-class warehousing. The principles have been developed over a decade of logistics research, education and consulting project experience.
Today, a lot companies are plagued with two problems – 1) too much inventory and 2) a poor customer service level. We will assess different methods of prioritizing inventory so that we have not just inventory, but the right inventory. In this program, we will also discuss how to get the most impact from metrics such as Cash-to- Cash Cycle and Inventory Turnover. Finally, we will discover ways to avoid overstocked and obsolete inventory in the future.
In this program, you will also learn how to control your stock effectively in your warehouse to assure a higher level of customer service and overall logistics performance. Many warehouses are operated in a reactive mode. Forward planning and pro-active management will improve performance and add value to your supply chain. In this program, you will discover the proven methodologies for stock capacity planning, layout planning, facilities control and pinpoint the approaches for improvement.
Who Should Attend?
This workshop is beneficial for store or warehouse executives, supervisors, inventory or materials handlers, materials planners, purchasing officers, supplier quality engineers or officers and all related supply chain personnel.
Course Content
- Why supply chain & warehouse are so important in business world?
- Improving warehouse operations’ efficiency and its work methods.
- Setting up warehouse shelving and pick face design
- Effective warehouse storage and handling methods
- Practicing a better inventory count or cycle count method to improve inventory accuracy
- Optimizing you inventory to manage your business smartly, efficiently and cost effectively whilst generating more cash

- Measuring inventory management performance for improvements
- Effective stock planning and control
- Utilizing Lean concept and technologies to improve your warehouse performance
