Effective Stock Control and Warehouse Operations

OBJECTIVES

• Increase warehouse operations productivity
• Streamline the flow of materials and provide superior service
• Effectively manage distribution operations
• Motivate and manage warehouse personnel
• Shows how to evaluate procedures
• Shows how to change and improve methods by eliminating wasteful activities and excess costs.
• Understand how the various activities in warehouse operation is cost
• Understand the latest technique and methods in managing inventory to reduce and eliminate inventory obsolesces
• Understand the various methodologies in Inventory Planning
• Understand the various methods in Inventory Record keeping
• Knows the best-In-class methods in receiving and issuing stocks to reduce loss and damage
• Understand the Inventory valuation methods
• Understand the role of Inventory in Customer Satisfaction and Retention
• Understand how to manage the warehouse operation effectively to reduce cost
• Provides the practical skills to take back to the workplace.
• Shows how to avoid those internal problems that limit performance.
• Allows delegates to obtain added value for money
• Shows how to improve customer service.
• To examine the most effective warehousing practices
• To analyze methods for improving warehousing operation
• To study different inventory control systems
• To explore new methods in inventory management
• To consider efficient management of distribution
• To understand proper use of Inco terms
• To review methods of warehouse personnel performance appraisal

COURSE OUTLINE

DAY ONE

HEALTH AND SAFETY

• Duty of care
• Inspections and risk assessments-task analysis
• Equipment maintenance and care
• Raising people’s awareness
• Inspections and risk assessments and task analysis
• Equipment maintenance and safety
• Recognizing health and safety risks
• Developing safety awareness in the workplace
• Forklift and storage equipment safety
• Fire safety in warehouse
• Loss and security prevention
• Types of security prevention
• Importance Of Stores And Warehousing Operations
• Defining Functions Related To Warehousing
• How Cost Is Attributed In The Receiving and Issuing Functions
• How Warehouse Contribute To The Supply Chain
• How To Add Warehousing Facility –Shorter Haul Transportation
• What the Warehouse functions
• How do they fit into the supply chain
• The balance between sorting and storing
• Warehouse planning and control
• Relations of stores with other departments: production, sales and purchasing
• 12 initial questions to ask about warehousing activity
• Types and functions of stores
• Methods of stock control
• Planning for flow in the warehouse
• Checklists to help on deciding the best option
• Warehouse structures
• Loading bays

DAY TWO

SECURITY AND LOSS

• Minimizing internal theft
• Minimizing external theft
• Preventative measures will be briefly discussed.
• Public Warehouses
• Private Warehouses
• Contract Warehouses & Multi-Client Warehouses
• Warehouse operations management
• Warehouse management systems
• Planning warehouse layout
• Utilization of storage aid
• The three stages of material handling
• Packing and methods of material handling
• Managing special storage requirements
• Controlling warehouse item location
• Determining product handling groups
• Material stocking, ordering and control
• Managing shipping and receiving operations
• Picking, assembly and dispatching options
• Shelf life management
• Determining product handling groups

DAY THREE

PRODUCTIVITY AND COSTS

• Fixed and variable cost
• Typical costs involved
• A model for understanding the roles of productivity, utilisation, and performance
• Setting productivity and cost targets
• The importance of having measurements and key indications of performance
• Stock Replenishment
• Inventory Valuation Method
• Material Requirement Planning
• Reducing Value Of Inventories
• Calculation On Storage And Stocks
• Measuring warehousing productivity
• Providing excellent customer service
• Overcoming barriers to warehouse performance
• Achieving effective inventory control
• EOQ and MRP inventory systems
• Just in time inventory management
• Utilizing consignment inventory
• Reducing costs in inventory management

DAY FOUR
SERVICE LEVELS

• Internal and external customers
• The three key customer service measure
• Customer service sampling
• Effects of substandard service
• Minimizing errors

• Savings in Relations to Warehouse Equipment?
• Forklift Maintenance
• Racking System
• Pallet & Other Equipment
• Improving the flow of materials
• Controlling backorder levels
• Purpose of warehouse layout plan
• ABC analysis
• Achieving improved inventory accuracy
• Managing local trucking operations
• Concept of 5S as a guideline
• Managing international transportation operations
• Stock arrangement method
• Proper utilization of Inco terms
• Selection of transportation service companies
• Selecting fork lift trucks
• Selecting racking
• Implications for warehouse layouts
• Operational timings and planning

DAY FIVE
PURCHASING SKILLS

• Developing an effective purchasing system
• Determination of materials’ quality, quantity & price
• Negotiating with suppliers
• Development of customer service strategies within purchasing function
• Price negotiation and quotation handling
• Measuring and improving purchasing performance

STOCK CONTROL
• Stock coding
• Stock recording
• Stock checking
• Types of stock-taking

CONTROL NON-CONFIRMING PRODUCT
• Types of non-conforming products
• Label non-conforming products
• Record and report non-conforming products
• Managing Conflict
• Cycle or Base Stock
• Safety / Buffer Stock
• Pipeline /Transit Stock
• Speculative Stock
• Dealing with stress
• Guidelines for new managers
• Roles for effective management
• Developing your management skills
• Objectives of logistics process
• Overview of global logistics
• Documentation of Store and warehouse
• Receiving, storing and shipping