Dynamic Warehouse, Stock, & Inventory Management Techniques: Overcoming Modern Challenges

19-20 Dec, 2024, Wyndham Grand Bangsar Kuala Lumpur

IPA Training is Registered with

Learn from the Best

Mr Steven Yeo
MBA in Supply Chain Management (USA)
Certified HRDF Trainer (TTT certificate number 4669)
Certified Professional Trainer and Facilitator (University Malaya, Malaysia)


Steven Yeo has more than 35 years of Industrial working experience in the area of Supply Chain
Management, Production, Warehousing and Procurement. He brings a wealth of expertise to the field.


His focus spans in training, facilitation, and consulting, catering to both public and private sectors in
Malaysia and overseas. His comprehensive knowledge encompasses Procurement, Supplier Management,
Warehousing, Logistics, Supply Chain, Risk Management, International Payment Systems, and Operations.


In his final role before retiring from full-time corporate employment in 2019, Steven served as the
Company Director and Supply Chain Manager for a multinational French company based in Melaka.


Steven’s distinguished career is marked by numerous accomplishments, including:


• Cost Reduction Management Program:
Spearheaded and managed a successful cost reduction program, resulting in savings of up to RM6.5
million for the company.
• Supplier Contract Management:
Played a pivotal role in managing supplier contracts, actively involved in proposing, drafting, and renewing
contracts with suppliers. Collaborated with internal stakeholders and legal experts to ensure robust
negotiations.
• Intellectual Property Protection through Non-Disclosure Agreements (NDAs):
Managed NDAs with suppliers to safeguard the company’s intellectual property.
• International Contract Negotiations and Supplier Relationship Management:
Successfully negotiated with a major European customer to secure a new contract. Conducted visits to
overseas suppliers for performance improvement and strategic selection of new suppliers.
• Establishment of Supply Chain Controls:
Established controls and procedures, emphasizing the importance of supply chain control. Achieved 100%
shipment performance to customers.


Steven Yeo has conducted training sessions for a diverse range of organizations, including major entities
such as Sepang Aircraft Engineering (a subsidiary of AIRBUS), Inari Amerton Berhad, Syarikat Wen Ken
Drug Sdn Berhad, MyMedic Innovation Sdn Berhad, Q Value ADD Penang, World Kitchen Berhad (Pasir
Gudang), Food Excellence Sdn Berhad, Nanmu Yarn Manufacturing, Chuen Cheong Food Industry, Syarikat
Batu Bata Kia Lim Berhad, Accenture, Continental Tyres Malaysia, Plexus Malaysia, Escatec Manufacturing,
Canon Medical System, Kian Joo Manufacturing, Frenken Mechatronics, Hershey Foods, BINA Plastics, Kian
Joo, AUO Sun power, Alliance Contract Manufacturing, Everbest Bio Tech Kulim, Infineon Malaysia, Adient
Malaysia, COHU Malaysia, Overland Total Logistics, Toshiba Transformers Malaysia and Overseas training
program in Dubai and India sub-continent.


His extensive industry experience adds invaluable depth to his training, as participants consistently praise
his ability to impart practical knowledge and skills. His insights have proven instrumental in saving
resources, time, and mitigating potential errors for participants.

Venue Details

Wyndham Grand Bangsar Kuala Lumpur
1, Jalan Pantai Jaya Tower 3, Kuala Lumpur, 59200 MY,

https://wyndhamgrand bangsarkl.com.my/

Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my

FOCUSING ON
  • Module 1: The Importance And Role Of Warehouse And Inventory Management
  • Module 2: Managing Picking Operation
  • Module 3: Managing Receiving And Put Away Process
  • Module 4: Managing SLOB And Stock Shrinkage
  • Module 5: Inventory And Stock Replenishment Control Level And Accuracy
  • Module 6: Role Of Warehouse And Inventory Operation In ESG And Risk Management
OVERVIEW

This 2-day course aims to bring awareness, knowledge, and techniques of warehouse, stock and inventory management to warehouse and store employees in order to meet the modern challenging demand of businesses to stay ahead of competition.

In this course, you will learn the key principles and techniques of warehousing, stock and inventory management, and focusing on the knowhow to implement a dynamic warehousing and inventory system in the organization.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. UNDERSTANDING the key difference between inventory and stock.
  2. UNDERSTANDING key principles of warehousing and inventory & stock control.
  3. DEVELOPING knowledge on sustainable risk management in warehouse and inventory operation.
  4. DEVELOPING the knowledge on managing stock accuracy.
  5. UNDERSTANDING the method to calculate
    inventory level and techniques in inventory replenishment system.
  6. UNDERSTANDING the correct effective technique in put away and picking process.
WHO SHOULD ATTEND
This course is highly recommended for those involved with inventory and stock operation and employees involved in warehousing management system
METHODOLOGY
This course will involve the following area to enhance learning:
• Facilitating by trainer to enhance understanding of subject matter
• Case Studies & Brainstorming Session
• Discussion on Subject Of Learning
DAY 1
9:00

MODULE 1: THE IMPORTANCE AND ROLE OF WAREHOUSE AND INVENTORY
MANAGEMENT

  • Definition Of Stock And Inventory
  • Type Of Warehousing Operation
  • Different Type Of Warehousing Layout
  • Storage And Location System
  • Key Principles Of Effective Warehousing And Inventory And Stock Operation


10.45

MODULE 2: MANAGING PICKING OPERATION

  • Zone Pick And Pass
  • Wave
  • Batch
  • Single
  • Advantage And Disadvantage Of Each Picking Process
  • KPI For Picking Process
1:00 Lunch
2:00

MODULE 3: MANAGING RECEIVING AND PUT AWAY PROCESS

  • What Is Put Away
  • Step In Put Away
  • Put Away Strategies
  • Best Receiving Procedure
  • KPI Put Away And Receiving Operation
5:00 End of Day 1
DAY 2
9:00

MODULE 4: MANAGING SLOB AND STOCK SHRINKAGE

  • What Is SLOB
  • Reason For SLOB
  • Stock Shrinkage Management
  • Action To Prevent Shrinkage And SLOB
10.45

MODULE 5: INVENTORY AND STOCK REPLENISHMENT CONTROL LEVEL
AND ACCURACY

  • Pull And Push System
  • Kanban
  • CRP And Periodic Control
  • Simple Average Forecasting Method
  • Historic Forecasting
  • Reorder Level And Safety Stock
  • Turnover Ratio
  • Stock Accuracy Management
  • Hybrid Consignment Stock
  • VMI
  • Consignment Stock
  • Cross Docking
1:00 Lunch
2:00

MODULE 6: ROLE OF WAREHOUSE AND INVENTORY OPERATION IN
ESG AND RISK MANAGEMENT

  • What Is ESG
  • Current Trend In ESG System
  • Action For ESG Compliance In Warehouse And Inventory Management
  • Business Continuity Planning
  • Threat And Risk Analysis
  • RPO And RCO Objective In Risk Management
  • Disaster Recovery Planning In Warehouse Operation
5:00 End of Course