COURSE OBJECTIVES:
At the end of this course the participants will be able to:
- Learn the principles of Warehouse and Inventory Management.
- Evaluate current procedures and examine operations and activities.
- Analyse the key areas of operations.
- Identify and understand key performance indicators.
- Succeed in improving operations and improve personal productivity.
- Reduce wasteful costs and avoid those internal problems that limit performance.
- Obtain added value for money.
- Understand and implement the essential tools for managing warehouses and inventory in the supply chain.
TARGET AUDIENCE:
- Supply Chain and all Logistics, Materials, Inventory, Stock, Warehouse and Distribution Professionals
- owners, operators, and directors of companies with warehouse and stores operations and who hold stock and inventory.
COURSE OUTLINE:
DAY 1: The Role of the Warehouse
- Why we need a warehouse?
- What functions they cover?
- How do they fit into the supply-chain?
- The balance between sorting and storing.
- Initial questions to ask about warehousing activity.
DAY 2: Product Classification
- Supply Variable.
- Demand Variables.
- ABC Analysis or the 80/20 rule.
- Determining product handling groups.
- Throughputs and product formats.
DAY 3: Layout Options
- Storage options.
- Picking/assembly options.
- Dispatching options.
- Using the floor and the height space.
- Organizing for flow.
DAY 4: Methods and Equipment
- Warehouse structures and loading bays.
- Selecting forklift trucks.
- Selecting racking.
- Implications for warehouse layouts.
- Operational timings and planning.
DAY 5: Health and Safety
- Duty of care.
- Inspections analysis.
- Risk assessments-task analysis.
- Equipment maintenance and care.
- Raising people's awareness.
DAY 6: Security and Loss
- Minimizing internal theft.
- Minimizing external theft.
- Prevention methods.
- Groups exercise.
DAY 7: Productivity and Costs
- Fixed and variable cost.
- Typical costs involved.
- A model for understanding the roles of productivity, utilization, and performance.
- Setting productivity and cost targets.
- The importance of having measurements and key indications of performance.
DAY 8: Service Levels
- Internal and external customers.
- The three key customer service measure.
- Customer service sampling.
- Effects of substandard service.
- Minimizing errors.
DAY 9: Warehouse Layout
- Different types of the layout.
- Advantages.
- Disadvantages.
- Planning for flow in the warehouse.
- Checklists to help on deciding the best option.
DAY 10: Inventory and the Supply Chain
- Demand amplifications and demand replenishment in networks.
- Managing the flows.
- The Supply Chain Rules.
- Inventory and statistics.
- Concept of service level.
PLACE: London (UK)
VENUE (TBC): INDUSTRIOUS (1 and 2, 245 Hammersmith Road Floors, London W6 8PW)
LANGUAGE: English
