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Inventory Planning and Stock Control – Level 2

Course Information:

Venue:Duration:Date:Price:
Online 12 hours Flexi-date£1,750.00
In-House Agreed with client FlexiblePOA
London 5 days 25-Apr£3,500.00
London 5 days 22-Aug£3,500.00

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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

    Accreditations

    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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