Effective Inventory And Store / Warehouse Management Techniques

22-23 Nov, 2018, Kuala Lumpur


FOCUSING ON
  • Introduction To Inventory
  • Types Of Inventory
  • The Function And Responsibility To Effective Store/Warehouse Management
  • Management Performance Expectation
  • The Importance Of Effective Part Numbering System
  • Store/Warehouse Movement Techniques
  • The Efficient Store/Warehouse Management
OBJECTIVES
  • Exposing participants on effective inventory and store management
  • Updating on the various approaches that can be used to increase the effectiveness of inventory and store management
  • Educating participants on their roles as a store employee
  • Focusing on the 5 performance objectives towards inventory and store management
AFTER ATTENDING THIS COURSE, YOU WILL RETURN TO YOUR JOB…
  1. Being able to run the Store/Warehouse efficiently
  2. Managing Inventory more effectively
  3. Exposing on various costs and inefficiencies involved when carrying Inventory and Store/ Warehouse Management
  4. Achieving the 5 objectives of Store/Warehouse Operations which are :
    • Quality
    • Cost
    • Speed
    • Reliability
    • Flexibility
  5. Improving Store/Warehouse Productivity
WHO SHOULD ATTEND?
  • Shop Floor Personnel
  • Line Leaders
  • Supervisors
  • Store Keepers
  • Warehouse Personnel & Managers
METHODOLOGY
  • Interactive Lectures
  • Case Studies
  • Group discussions
  • Group Exercises
DAY 1
9:00 INTRODUCTION TO INVENTORY
  • Defining inventory
  • All operations keep inventory
  • The value of inventories
  • Why should inventories exist?
  • Group exercise
10:45 TYPES OF INVENTORY
  • Buffer inventory
  • Cycle inventory
  • Anticipation inventory
  • Pipeline inventory
  • The inventory decision
  • How much to order?
  • When to order?
  • 15 techniques of inventory management
  • Group discussion
1:00 Lunch

2:00

THE FUNCTION AND RESPONSIBILITY TO
EFFECTIVE STORE/WAREHOUSE MANAGEMENT

  • Department functions
  • Physical control of stock and inventory
  • Goods delivery and receiving from customer and supplier
  • Control of usage and wastage
  • Case Study
5:00 End of Day 1
DAY 2
9:00 MANAGEMENT PERFORMANCE EXPECTATION
  • Accurate stock level
  • Information of stock condition
  • Exact location
  • Accurate documentation
  • Accurate stock updates
  • Case study
10:45 THE IMPORTANCE OF EFFECTIVE PART NUMBERING SYSTEM
  • Good communication system
  • Ensuring accurate operation
  • Ensuring fast operation
  • Controlling accurate inventory
  • Cost control systems
  • Group discussion
1:00 Lunch

2:00 STORE/WAREHOUSE MOVEMENT TECHNIQUES
  • Slow and fast moving stocks
  • Cost reduction methods
  • Safety stock
  • Forecasting technique
  • Case study
3:45 THE EFFICIENT STORE/WAREHOUSE
  • The ways of managing space
  • Measuring cost
  • Monitoring cost
  • Information system practice
  • Security
  • Stock taking
  • Store KPI
  • Case study
5:00 End of Course

 

LEARN FROM THE BEST

DR. V. THANABALAN

 

Thanabalan has extensive experience in the field of operations performance improvement particularly in various manufacturing and services industries. He is not only an excellent and resourceful trainer, he is also skilled in management and leadership of organizations. He graduated with an honour’s degree in Management and Biochemistry from University of Science Malaysia in 1987. He started his career in the manufacturing operations as a Production Executive and gradually moved in various managerial positions such as Production Manager Packaging Manager, Planning and Logistics Manager, Sales Manager and Factory Manager. To name a few of the organizations that he has worked for are Carsem semiconductor, Baxter Healthcare, London Rubber Company, Solectron, Mona Industries and Asiatic Dipped Products. This experience has given him a thorough understanding of the opportunities and problems involved with managing work, people and customers

 

While working in the manufacturing sector he pursued an MBA program with University Kebangsaan Malaysia, majoring in General Management in 1996. Upon completion of his MBA in 1998 and also due to his passion for training, he switched his career to Training and development. To date he has conducted more than 900 training programs mainly in the area of employee development, customer management and operations management/ improvement. He is a very versatile trainer not only on the topics that he could train but a bilingual trainer as well. His fluency in Bahasa Malaysia has given him a competitive advantage especially in the present workplace condition

 

During his career as a corporate trainer he realized a major concern by organizations regarding Transfer of Learning which he became interested to explore. He realized that organizations became concerned in sending their employees for trainings, as they don’t seem to transfer their knowledge/skills gained back to the workplace. Due to this he pursued his PhD in 2007 in order to identify the barriers to Training Transfer. He completed his PhD in 2013. Besides trainings, he also lectures part time in various higher learning institutions for their Degree and Masters programmes. To name a few are University of Malaya, University Sedaya International and University Putra Malaysia.

 

To date he has conducted many public and in-house trainings in many business areas for government organizations and private sectors such as Ministry of Defence, TLDM, UMW, Titan Group, CS Metal Industries, Sharp Roxy, Petronas, ShinEtsu Sdn. Bhd., Triplus Industry, Metrod Sdn. Bhd., Shinko Electronics, Green Riverwood, Omron Malaysia Sdn. Bhd., Hap Seng Consolidated Bhd., YTY Industry, Maruyama Sdn. Bhd,Top Glove etc. .He has provided quality trainings to more than 5000 clients over the past ten years.

 

He is a certified trainer with PSMB and to date has also conducted TNA projects and Train the Trainer programs for several companies. He is also a certified business coach representing University Malaya in coaching programs. Participants receive enhance benefits and impactful results from his training programmes because of his vast industrial exposure in various areas. He empowers people to increase their limits, level of commitment, higher level of performance of the individual, team and the organization in achieving organizational goals.

 

VENUE DETAILS

Furama Hotel Kuala Lumpur
136, Jalan Changkat Thambi Dollah
55100 Kuala Lumpur

Phone :03-2788 8888

 

IPA TRAINING IS REGISTERED WITH

 

CONTACT US

Juliany, 
O - 03 2283 6109,
M - 019 3134436
juliany@ipa.com.my 

Michelle, 
O - 03 2283 6100, 
M - 019 363 7822
michelle@ipa.com.my 

For Customised In-House Training
Yvonne,
O - 03 2283 6101, 
M - 012 2011247,

F - 03 2283 6108
 
yvonne@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