Name: Effective Inventory, Store And Warehouse Management Practices
Start: 2024-08-14T09:00
End: 2024-08-14T14:00
Location: Melia Kuala Lumpur

IPA Training is Registered with

Venue Details

Melia Kuala Lumpur
16 Jalan Imbi, 55100 Kuala Lumpur, - 55100

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

Phone : (603) 2785 2828

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: 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…

Exposing participants on effective inventory and store management.
Keeping participants updated on the various approaches that can be used to enhance 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.
Explaining the challenges, objectives and functions of warehousing.
Performing ABC inventory classification and cycle counting.
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