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Eurotech Training Consultancy Recruitment Fadi Jawad

Effective Stock Control and Warehouse Operations

Effective Stock Control and Warehouse Operations

Effective Stock Control and Warehouse Operations

 

OBJECTIVES

  • 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

COURSE OUTLINE 

DAY ONE

WHAT IS INVENTORY AND WAREHOUSE OPERATIONAL COST ALL ABOUT?

  • 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

DAY TWO

TYPES OF WAREHOUSES AND THE FUNCTIONS

  • Public Warehouses
  • Private Warehouses
  • Contract Warehouses & Multi-Client Warehouses

DAY THREE

THE INVENTORY CONTROL & PLANNING & VALUATION OF STOCK

  • Stock Replenishment
  • Inventory Valuation Method
  • Material Requirement Planning
  • Reducing Value Of Inventories
  • Calculation On Storage And Stocks

DAY FOUR

WAREHOUSE EQUIPMENT

  • Savings in Relations to Warehouse Equipment?
  • Forklift Maintenance
  • Racking System
  • Pallet & Other Equipment

DAY FIVE

INVENTORY AND STORES SPECIAL SKILLS

  • Problem Solving Skills & Managing Demanding User
  • Managing Conflict

UNDERSTANDING INVENTORY CLASSIFICATIONS

  • Cycle or Base Stock
  • Safety / Buffer Stock
  • Pipeline /Transit Stock
  • Speculative Stock

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