Warehouse and Inventory Management – Strategies for Warehouse, Inventory System and Demand Forecasting

11-12 Feb, 2026, Concorde Hotel Kuala Lumpur

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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 33 years of corporate working experience in the area of Supply Chain Management. He specializes in training, facilitation and consulting to both the public and private sector in Malaysia and abroad in the areas of Procurement, Supplier Management, Warehousing,
Logistics and Supply Chain, Risk Management, International Payment System and Operations.

 

Steven’s last position before retiring from full time corporate employment in 2019, was as Company Director and Supply Chain Manager for a multinational French Company in Melaka.

Among his many major achievements include the following:-

  • Managing and spearheading a cost reduction management program from 2008 to 2013 and reduced cost for the company by up to RM6.5 mil.
  • Involve in managing suppliers’ contract and involving in proposing and drafting new contract and contract renewal for suppliers from 2008 until 2019 (early retirement) by working with suppliers and internal stakeholders with guidance from legal expert.
  • Managing Non-Disclosure Agreement with suppliers to protect company intellectual property.
  • Involve in negotiating with a major customer from Europe to secure new contract and beside visiting overseas suppliers for performances improvement and selection of new suppliers.
  • Establishing control and procedure and bringing awareness to employee on important of supply chain control in 2004 until 2019 and achieving 100% shipment performances to customers
  • Introducing new procedures in warehouse and operation for better control of operation and reporting system

 

Steven Yeo has trained a wide range of organizations 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.

 

Steven Yeo’s extensive industry experience enriches his training sessions as he openly shares both successes and failures from the Supply Chain industry. The participants consistently praise his
adeptness in imparting practical knowledge and skills, and they value his insights that have proven to be instrumental in saving them considerable resources, time, and potential errors.

 

Venue Details

Concorde Hotel Kuala Lumpur
2 Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia,
Phone : 03 2144 2200

https://kualalumpur.concorde hotelsresorts.com/

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 – Key Principles Of Warehouse And Inventory Operation
  • Module 2 – Receiving And Put Away Process
  • Module 3 – Picking Strategies
  • Module 4 – Inventory Cost And Replenishment Strategies
  • Module 5 – Demand Forecasting
  • Module 6 – Procurement Role In Inventory Management
  • Module 7 – Risk Management
OVERVIEW

This 2-day intensive course on Warehouse and Inventory Management is designed to equip participants with practical strategies to optimise warehouse operations, control inventory costs, and improve demand forecasting accuracy. Through a structured and progressive approach, the course covers the entire inventory lifecycle—from receiving and put-away processes to picking strategies, replenishment planning, and risk management—ensuring participants gain a holistic understanding of how warehouse and inventory systems support overall supply chain performance.

Participants will learn proven techniques to balance inventory investment with service levels, reduce operational inefficiencies, and increase decision-making through effective demand forecasting methods. The course also highlights the critical role of procurement in inventory management, focusing on sourcing strategies, supplier management, and total cost of ownership to drive sustainable business outcomes.

Delivered through case studies, discussions, practical exercises, and guided facilitation, this hands-on course is ideal for professionals involved in supply chain, procurement, warehouse, and inventory management who seek to strengthen operational control, improve return on inventory investment, and build resilient, future-ready warehouse and inventory systems.

LEARNING OBJECTIVES
  1. Understanding The Role Of Warehouse And
    Inventory Management System
  2. Developing Strategies For Inventory And Stock Management
  3. Understanding The Principles Of Warehouse And Inventory Management
  4. Understanding Demand Forecasting For Inventory And Stock Management
  5. Understanding The Return Of Investment Of
    Inventory And Stock Management
WHO SHOULD ATTEND
This course is suitable for all involved in Supply Chain Management, Procurement, Warehouse and Inventory And Inventory Forecasting Management.
METHODOLOGY
This course will involve the following areas to increase learning:
• Case Studies & Brain Storming session
• Discussion on subject of learning
• Facilitating by course leader to increase understanding of subject matter
• Exercises to evaluate participants understanding
• Intensive Presentation
DAY 1
9:00

MODULE 1 – KEY PRINCIPLES OF WAREHOUSE AND INVENTORY OPERATION

  • Role of Warehouse and Inventory Operation
  • Store versus Warehouse
  • Stock versus Inventory
  • Definition of Inventory
  • Principle of Effective Warehouse and Inventory Management
  • Key Processes in Warehouse Operation

10.45

MODULE 2 – RECEIVING AND PUT AWAY PROCESS

  • Material Receiving Best Practices
  • Put away Strategies for Warehouse with Limited Capacity
  • Put away Strategies for Large Warehouse
  • Warehouse Design for effective put away
1:00 Lunch
2:00

MODULE 3 – PICKING STRATEGIES

  • Batch Picking Method
  • Wave Picking Method
  • Zone Picking Method
  • Single Picking
  • Effective Picking Principles
3:45

MODULE 4 – INVENTORY COST AND REPLENISHMENT STRATEGIES

  • Holding Cost versus Ordering Cost
  • Economic Order Quantity
  • Inventory Turn Over Ratio
  • Pull System Versus Push System
  • Kanban
  • Periodic
  • Reorder Level
  • Safety Stock
  • Min Stock
  • Return of investment over Inventory Investment
5:00 End of Day 1
DAY 2
9:00

MODULE 5 – DEMAND FORECASTING

  • Qualitative Forecasting versus Quantitative Forecasting
  • Historic Forecasting
  • Simple Moving Average
  • Weighted Average
  • Simple Exponential
  • Double Exponential
  • MAPE

10.45

MODULE 6 – PROCUREMENT ROLE IN INVENTORY MANAGEMENT

  • Sourcing Strategies
  • Supplier Management
  • Reviews management
  • Total Cost of Ownership
  • Order and Expediting Management
1:00 Lunch
2:00

MODULE 7 – RISK MANAGEMENT

  • Business Continuity Planning
  • Disaster Recovery Planning
5:00 End of Course