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Training Warehouse And Inventory Management

COURSE DESCRIPTION

This course focuses on the operational and strategic management of inventories, the role of inventory management and the professionals behind this important organizational function as it directly relates to the improvement of the company’s competitiveness. It will cover the most important aspects of inventory management from warehouse design and operations through forecasting requirements and parts variety reduction to evaluating inventory practices and building an effective inventory management plan of action.

COURSE OUTLINE

Introduction – Review of the “Fundamentals”

  • What is Inventory Management – Working Capital Cycle
  • Why is Inventory Management important
  • Why keep Inventory
  • How much Inventory to Keep
  • The Financial Implications of Holding Inventory – Inventory Carrying Cost – Effect on Financial
  • The Cost of not holding enough Inventory
  • The Role of the Inventory Manager
  • Exercises / Practical Application to Workplace

Setting the Stage for Effective Inventory Management

  • Introduction to Effective Inventory Management
  • Inventory Management& the Supply Chain Strategy
  • Demand Forecasting
  • Lead time Management
  • Understanding SAP Fundamentals & Terminology

Inventory Planning

  • Introduction to Inventory Planning
  • Service Level Policies – OTIF
  • Inventory Categorization Techniques – ABC Analysis – Fast & Slow Moving, Excess, Obsolete & Defective Stocks
  • Traceability and Variety Reduction
  • Inventory Coding Systems
  • The Inventory Management Plan

 

Inventory Operations

  • Introduction to Inventory Operations
  • Monitoring Movements – Inventory Accuracy
  • Measuring and Valuation of Inventory
  • Receipt & Issuance of Inventory
  • Systems to Replenish Inventory
  • How Much to Order – EOQ,
  • When to Place an Order – ROP, JIT

Warehouse Planning & Systems

  • Introduction to Warehouse Planning & Systems
  • Warehouse Location & Acquisition Options
  • Warehouse Design
  • Warehouse Layout
  • Materials Handling & Equipment
  • Warehouse Operations
  • Record Keeping & Communication
  • Perpetual Systems/Continuous Review Systems
  • International Quality Standards
  • Physical Inventory & Cycle Counting

 

TRAINING METHOD
  • Group Discussions
  • Group & Individual Exercises
  • Presentations
  • Games
  • Case Studies
  • Role Plays
  • Self-Assessment
  • Action Plan
FACILITIES
  • Certificate,
  • Quality Training Kit (Pencil case: Erase, Bolpoint, Pencil, Tipe X, Stabillo, Flash Disk 8 GB),
  • Bag.
  • Training Material (HandOut & SoftCopy)
  • Convenient training facilities in stars hotel (Public Training)
  • Lunch and Coffee Breaks (Public Training)
  • Souvenir
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Catatan :
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