Inventory Planning and Stock Control – Level 2

Course Information:

Venue:Duration:Date:Price:
Online 20 hours Flexi-date£2,750.00
In-House Agreed with client FlexiblePOA
London 5 days 22 April 2024£4,250
London 5 days 19 August 2024£4,250

If you are unable to attend this course on the dates above, please contact us to discuss alternative options.
Please note that prices shown above are exclusive of VAT (20%).

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    Who should attend?

      • Warehouse Managers
      • Procurement and purchasing professionals
      • Transport Managers
      • Professionals in Logistics Functions
      • Warehouse and distribution Managers and Supervisors
      • Material handling supervisors
      • Operational Managers
      • General Managers of SMEs
      • Supply chain specialists

    Outcomes

    • Manage the key areas of warehouse operations
    • Eliminate wasteful activities/costs
    • Determine the materials handling cycle, manual and mechanical handling and accident prevention
    • Record, manage and measure inventory costs
    • Apply: MRP, JIT, Kaizen, Kanban strategies
    • Optimise resource planning and overall efficiency
    • Establish effective inventory management controls
    • Reduce costs of inventory obsolescence
    • Improve record-keeping accuracy

    COURSE TOPICS:

    Overview of Warehousing and Inventory Management

    • Fundamentals of Inventory Management
    • Replenishment Policies and Inventory Planning
    • Warehouse Operational principles
    • Inventory Control
    • Strategic Management of Inventory and all types of Stock

    Stock Identification and Recording Procedures

    • The role of the warehouse in the modern supply chain
    • The organisational structure of a warehouse
    • Factors determining the location and number of warehouses
    • Warehouse design
    • Different types of warehousing

    Management strategies involved in creating an efficient warehouse

    • Implementing a dynamic warehouse management system
    • Enterprise Resource Planning
    • On Time Complete and On Time Delivery methods
    • Floor loads and floors stocks
    • Order fulfilment and fill rates

    Managing People, Resources, Performance, Health and Safety

    • The role of the warehouse manager
    • People management
    • Resource planning
    • Performance management
    • Health and safety

    Inventory Improvements and the Supply Chain

    • The supply chain and the theory of constraints
    • Supply chain process mapping
    • Saw tooth curve
    • Using the Economic Order Quantity (EOQ) graph to find improvements
    • Inventory in the distribution network





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    Inventory Planning and Stock Control – Level 2

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