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

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

IPA Training is Registered with

Venue Details

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

https://wyndhamgrand bangsarkl.com.my/


Contact us

FOR COURSE DETAILS

Juliany,

Office: 03 2283 6109

Mobile: +60 122281247

juliany@ipa.com.my

Phoebe,

Office: 03 2283 6100

Mobile: +60 193637822

phoebe@ipa.com.my

Bee Teng,

Office: 03 2282 6112

Mobile: +60 172566121

beeteng@ipa.com.my

FOR CUSTOMISED IN-HOUSE TRAINING

Jane,

Office: 03 2283 6101

Mobile: +60 129418251

jane@ipa.com.my

Keith,

Office: 03 2283 0000

Mobile: +60 162272735

keith@ipa.com.my

ADDRESS

A-28-5, 28th Floor, Menara UOA Bangsar,
No.5, Jalan Bangsar Utama 1,
59000 Kuala Lumpur

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