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

05-06 Mar, 2026, Concorde Hotel Kuala Lumpur

IPA Training is Registered with

Venue Details

Concorde Hotel Kuala Lumpur
2 Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia,

https://kualalumpur.concorde hotelsresorts.com/


Phone : 03 2144 2200

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

ADDRESS

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

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