Excellence in Warehouse and Inventory Management

Course objectives

• Design warehouse layout and slotting for the actual demand profile
• Select receiving, putaway and picking methods appropriate to the operation
• Achieve and sustain stock accuracy through cycle counting
• Diagnose the process causes of stock inaccuracy
• Calculate safety stock and reorder points defensibly
• Classify inventory and match control effort to value
• Manage the trade off between service level and working capital

Who should attend

• Warehouse and inventory managers
• Supply chain and logistics professionals
• Procurement and materials staff
• Operations managers
• Finance staff working on working capital

Course outline

1. 01Warehouse layout and slotting against the demand profile
2. 02Receiving, putaway and picking methods
3. 03Stock accuracy and cycle counting
4. 04The process causes of inaccuracy
5. 05Inventory classification and control effort
6. 06Safety stock and reorder point calculation
7. 07Service level against working capital
8. 08Performance measurement in the warehouse

Scheduled sessions