Effective Inventory, Store And Warehouse Management Practices

14-15 Aug, 2024, Melia Kuala Lumpur

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Dr. V. THANABALAN VELLOO 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 training consultant; he is also skilled in management and leadership of organizations.

 

Dr. Thanabalan has much experience in manufacturing operations and has held 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.

 

Dr. Thanabalan completed his PhD in 2013 in the area of training transfer.

 

To date Dr. Thanabalan has conducted more than 900 training programs mainly in the area of employee development, customer management and operations management/ improvement. He has conducted training programs 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 also provided quality trainings to more than 5000 clients over the past ten years.

 

Dr. Thanabalan is a versatile and bilingual training consultant; his fluency in Bahasa Malaysia has given him a competitive advantage especially in the present workplace conditions. 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. His participants always receive enhanced 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

Melia Kuala Lumpur
16 Jalan Imbi, 55100 Kuala Lumpur, - 55100
Phone : (603) 2785 2828

https://www.melia.com/en/hotels/malaysia /kuala-lumpur/melia-kuala-lumpur

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: Introduction to Inventory and Warehouse Management
  • Module 2: Inventory Management Techniques using a FIFO System
  • Module 3: Effective Warehouse Management
  • Module 4: Warehouse KPI’s and Performance Management
  • Module 5: Storage & Material Handling Systems
  • Module 6: Productivity and Performance Management of a Warehouse
  • Module 7: Stock Take and Management
OBJECTIVE

Effective Warehouse Management is an attempt to maintain a systematic and well organized infrastructure and an orderly inventory system. It is also concerned with the adequate supply of goods in the warehouse, while minimizing inventory costs at the same time. To make these management processes more effective, some recognized warehouse best practices are incorporated in the course, for application by the participants.

The course will also emphasize on effective inventory management skills and setting appropriate KPIs for the warehouse

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Exposing participants on effective inventory and store management.
  2. Keeping participants updated on the various approaches that can be used to enhance the
    effectiveness of inventory and store management.
  3. Educating participants on their roles as a store employee.
  4. Focusing on the 5 performance objectives towards inventory and store management.
  5. Explaining the challenges, objectives and functions of warehousing.
  6. Performing ABC inventory classification and cycle counting.
  7. Identifying the different types of storage and
    material handling systems.
WHO SHOULD ATTEND
  • Warehouse Personnel & Managers
  • Shop Floor Personnel
  • Line Leaders
  • Supervisors
  • Store Keepers
METHODOLOGY
  • Interactive Lectures
  • Case Studies
  • Group Discussions
  • Group Exercises
DAY 1
9:00

MODULE 1: INTRODUCTION TO INVENTORY AND WAREHOUSE MANAGEMENT

  • What is warehouse and inventory management objective
  • Defining inventory
  • Types of inventory
  • Factors influencing inventory level
  • Question and answer
10.45

MODULE 2: INVENTORY MANAGEMENT TECHNIQUES USING A FIFO SYSTEM

  • Stock holding and inventory carrying costs
  • Current inventory management challenges
  • Understanding FIFO
  • The importance of FIFO
  • The benefits of using the FIFO SYSTEM
  • Creating the FIFO culture
  • The various techniques in introducing FIFO
  • Question and answer
1:00 Lunch
2:00

MODULE 3: EFFECTIVE WAREHOUSE MANAGEMENT

  • The objective of a warehouse
  • Characteristics of a traditional warehouse
  • The receiving, storage and issuance practices
  • The warehouse management system
  • Elements of a warehouse management system
  • Question and Answer
5:00 End of Day 1
DAY 2
9:00

MODULE 4: WAREHOUSE KPI’s AND PERFORMANCE MANAGEMENT

  • Setting warehouse KPI’s
  • Warehouse improvements and areas of focus
  • Warehouse performance management and the 7 Pillars
  • Question and Answer
10.45

MODULE 5: STORAGE AND MATERIAL HANDLING SYSTEMS

  • Layout of the Warehouse
  • Storage Utilization and Organization
  • Types of Storage Systems
  • Fixed versus Random Location
  • Material Handling Equipment
  • Improving the Receiving/Issuing Material Operations
1:00 Lunch
2:00

MODULE 6: PRODUCTIVITY AND PERFORMANCE MANAGEMENT OF A WAREHOUSE

  • Definition of Productivity
  • Causes of Lost Time
  • Warehousing Key Performance Indicators
  • Objectives of the Warehouse Audit
  • Components of the Audit
  • Steps to Follow Before, During and After the Audit
3:45

MODULE 7: STOCK TAKE AND MANAGEMENT

  • The importance of stock taking
  • Steps in stock taking
  • The function of finance in stock taking
  • Reconciling variance
  • Trouble shooting skills
  • Setting goals on variances
  • Group discussion
  • Case study
5:00 End of Course