COURSE NAME:Inventory Management & Stock Control


UPCOMING EVENTS


START DATE END DATE CITY/COUNTRY PRICE Request
This course can be scheduled at your convenience, to request this course please click here
INTRODUCTION:

The course is for those who want to understand and implement the essential tools for managing
inventory in the supply chain. Participants are shown how to evaluate procedures and make
needed changes to methods to improve customer service whilst achieving reductions in inventory;
eliminate wasteful costs; avoid internal problems that limit performance.

OBJECTIVES:

Objectives: This course is designed to enable Participants to:

- Maximize customer service and provide fast and accurate issuing.

- Plan and control the warehousing operation to :- 

- Minimize the operational costs.

- Guarantee safety to the warehouse personnel and facilities.

- Plan to develop the warehouse personnel.

- Effectively organize your store and warehouse

- Reduce time wasted in locating stock

- Use correct handling equipment

- Increase your knowledge on good housekeeping of store & warehousing functions

- Select the appropriate type of equipment

OUTLINE:

DAY 1

 The Role of the Warehouse

- Why we need a warehouse

- What functions they cover

- How do they fit into the supply chain

- The balance between sorting and storing

- 12 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

 

DAY 2

Layout Options

- Receiving options

- Storage options

- Picking/assembly options

- Dispatching options

- Using the floor and the height space

- Organizing for flow Methods and Equipment Here we specifically look at the lifting, storing and moving equipment available for specific layout options, including:

- Warehouse structures

- Loading bays

- Selecting fork lift trucks

- Selecting racking

- Implications for warehouse layouts

- Operational timings and planning

 

DAY 3

Health and Safety

- Duty of care

-Inspections and risk assessments-task analysis

- Equipment maintenance and care

- Raising people's awareness Security and Loss

- Minimizing internal theft

- Minimizing external theft

DAY 4 

Preventative measures will be briefly discussed. DAY 4 Productivity and 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 As Warehouses are a link in the total process of satisfying customers, this session will therefore look at:

- Internal and external customers

-The three key customer service measure

- Customer service sampling

- Effects of substandard service

- Minimizing errors

 

DAY 5

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 programme

- Options Reconciliations / discrepancies

WHO SHOULD ATTEND:

 

- Storekeepers

- Warehouse managers

- Warehouse supervisors who wish to enhance their current skills in managing stores and warehouse.

- Logistics operations personnel

DURATION:
    • 5 Day(s)
  •  


    The presentation is generally appealing to me. The dedication & devotion of the instructor are both laudable & admirable.
    Mohammed F. Alotaibi
    Sabic

    Really this course is important for any inspector, so I will recommended it for our employees. And thanks a lot!
    Ahmed Al-Yami
    Sabic

    You are doing excellent bringing such very talented instructor. Please keep it up.
    Ahmed Afifi
    Al-Zamil CoolCare

    I would like to appreciate you as well as the instructor for a good training due to the fact that the helping to gain new information about the types of valve with advantages and disadvantage as well. Many thinking.
    Zaki Ali Aldawood
    Sabic

    This course was very beneficial and helpful to understand one of the Major NDT method. I encourage ITC to continue with this performance.
    Talal Saad AlHasawi
    Sabic

    ITC service was in overall excellent. Thanks.
    Wael M. Morsy
    Mobily

    This course was good and a nice guide to the PMP exam. Thanks.
    Yazeed Mohamed Mreki
    General Authority of Civil Aviation (GACA)

    It was good course & good preparation with excellent instructor. Thanks a lot.
    Faisal Mahdi Al-Qahtani
    Sabic

    It was a nice course to have. I suggest taking this course with the same instructor to other people. Thanks for the instructor for his kindness & helfull during the course.
    Abdul-Moniem Al-Humoud
    Sabic

    It is very important course, which enable us to improve our knowledge to work approaching our big account and can be recall us the key account. This is will support us to active result for the best of the Co.
    Mohammed Amjad
    Al-Suwadi Services

    The instructor is highly and technical knowledgeable in explaining all the subject in the course taken.
    Noel V. Garan
    Coldstorec Group Of Saudi Arabia

    Instructor was well prepared and knowledgeable I gain lot of useful information.
    Gulam Khan
    Saudi Aramco

    It was a good learning experience. Got to know the concept involved in key account.
    Muthuraman Nachiappan
    Al-Suwadi Services

    The instructor Mr. Ahmed Sabry has a very nice spirit.
    Salam Fakhoury
    Al Khodari Company

    It is very useful to us and increase our knowledge.
    Mohammed Rashed Afifi
    Al Khodari Company

    The course is excellent and helpful. It help me in organizing the work in more safe manner.
    Muzammil Hayat
    Al Khodari Company

    The instructor is very knowledge and hard working, his way of teaching is very good.
    Ibrahim Darwish
    Al Khodari Company