PROGRAM'S BACKGROUND

Today’s tough business environment has focused on warehouse operations as a source of competitive advantage. The traditional way of operating your warehouse is no longer enough. If a company can maintain a very lean and efficient warehouse system, it is already many steps ahead of its competitors. Successful companies are able to leverage their very efficient and lean warehouse, inventory and logistics systems into formidable competitive advantage. Many of these companies are able to service their customers faster, more accurately, cheaper and at a better profit margin than their competitors.

Warehousing management plays a vital role in providing the desired level of service to the customer at the lowest possible cost. Warehousing is an important link between the producer and the customer. Improving flow of goods through a warehousing system by minimizing handling and movement can generate significant and measurable business benefits.

This program teaches warehouse and inventory personnel, team leaders, supervisors and managers the advanced tools and techniques for operating, managing, managing risk and improving the warehouse. You will learn how to design and improve your warehouse to operate in a just-in-time environment. You will also how to apply powerful LEAN and Six Sigma Tools and Techniques to improve your warehouse operations.

PROGRAM'S OBJECTIVES

This Program’s Attendees Will Be More Able To:

›       Learn the principles of Warehouse and Inventory Management

›       Evaluate current procedures

›       Examine operations and activities

›       Analyze the key areas of operations

›       Identify and Understand key performance indicators

›       Succeed in improving operations

›       Improve personal productivity

›       Make needed changes to methods to improve customer service whilst achieving reductions in inventory

›       Eliminate wasteful costs

›       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

PROGRAM'S ATTENDEES

›       Personnel working in the Supply Chain and all Logistics, Materials, Inventory, Stock, Warehouse and Distribution Professionals

›       It will also help those who need to develop their limited understanding about Warehouse and Inventory management

›       It will be especially helpful to all those who are looking to make business gains and benefits and to any owners, operators and directors of companies with warehouse and stores operations and who hold stock and inventory

›       Production Planning Managers

›       Resource Managers

›       Logistics Managers & Staff

›       Warehousing Managers & Stock Controllers

›       Accounting Managers & Staff

›       Ordering & Material Purchasing Staff

›       Warehousing Personnel

›       Distribution Managers

›       Senior Production Staff

›       Maintenance and Operations Managers

›       Line Production Supervisors and Production Engineers

›       Logistics Personnel

›       Materials and Equipment Personnel

›       Supply Chain Professionals

›       Plant Superintendents

›       Inventory Planners

›       Master Planners

›       Master Schedulers

›       Production & Maintenance First Line Supervisors

PROGRAM'S OUTLINE

THE ROLE OF THE WAREHOUSE

›       The balance between sorting and storing

›       Initial questions to ask about warehousing activity

PRODUCT CLASSIFICATION

›       Supply /demand variables

›       ABC Analysis or the 80/20 rule

›       Determining product handling groups

›       Throughputs and product formats

LAYOUT OPTIONS

›       Receiving options

›       Storage options

›       Picking/assembly options

›       Dispatching options

›       Using the floor and the height space organizing for flow

METHODS & EQUIPMENT

›       Warehouse structures

›       Loading bays

›       Selecting fork lift trucks

›       Selecting racking

›       Implications for warehouse layouts

›       Operational timings and planning

HEALTH & SAFETY

›       Duty of care

›       Inspections and risk assessments-task analysis

›       Equipment maintenance and care

›       Raising people’s awareness

PRODUCTIVITY & 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

SERVICE LEVELS

›       Internal and external customers

›       The three key customer service measure

›       Customer service sampling

›       Effects of substandard service

›       Minimizing errors

STOCK CODING

›       Different methods

›       Understanding of all involved

›       Checklists to help on deciding the best option

STOCK RECORDING

›       Separation of powers

›       Legal issues

›       How do we get inaccuracies?

STOCK CHECKING

›       Roles and responsibility

›       Requirements

›       Job descriptions

›       Authority levels

›       Tolerances and approvals

›       The program

›       Options

›       Reconciliations / discrepancies

›       The 7 step model for better warehouse management

›       The top 20 warehousing ideals for continuous improvement

INVENTORY & THE SUPPLY CHAIN

›       Inventory management definition

›       Types of stock

›       Demand amplifications

›       Demand replenishment in networks

›       Managing the flows

›       Type I and II supply chains

›       The supply chain rules

›       Inventory and statistics

›       Concept of service level

INVENTORY KEY CONCEPTS

›       Key component: demand analysis

›       Key component: demand forecasting

›       Key component: supply lead time

›       Key component: cost & benefits

›       Inventory benefits

›       Inventory polices

›       Inventory in organizations

METHODS & EQUIPMENT

›       Warehouse structures

›       Loading bays

›       Selecting fork lift trucks

›       Selecting racking

›       Implications for warehouse layouts

›       Operational timings and planning

INVENTORY REPLENISHMENT METHODS & SYSTEMS

›       Basic mechanics of inventory systems

›       The stock time curve

›       Stock components

›       Stock investment

›       Free stock

›       Fixed order quantity systems

›       Fixed order time cycle systems

›       Requirements planning systems

STOCK CONTROL & CHECKING

›       Inventory receipts

›       Identifying inventory

›       Surplus and obsolescent stock

›       Stock control and records

›       Stock checking programs

›       Reviewing current procedures and polices

INVENTORY PERFORMANCE

›       Inventory assessment

›       Assessing the stock level

›       Models for implementing inventory control

›       Determining stock targets

›       Inventory questions

›       Inventory KPI's in warehouses/stores

INVENTORY STRATEGIES

›       Push/pull

›       Quick response (QR)

›       Efficient consumer response (ECR)

›       Collaborative planning forecasting and replenishment (CPFR)

›       Lean and agile approaches

›       Quality management

›       Postponement

›       Cross docking

›       Consolidation

›       Vendor managed inventory (VMI)

›       Consignment stocking

›       Co-Managed inventory (CMI)

›       Direct product profitability (DPP)

›       Economic value added (EVA)

›       Collaborative supply chains

INVENTORY IMPROVEMENTS

›       The supply chain and the theory of constraints

›       Practical inventory improvements

›       Keys to reducing stock levels

›       Rules for planning inventory

›       Model for planning inventory

ADDITIONAL DETAILS