Warehousing and Inventory Management Workshop

Introduction
• What is Inventory Management
• Working Capital Cycle
• Why is Inventory Management important
• Why keep Inventory
• How much Inventory to Keep
• The Role of the Inventory Manager

Effective Inventory Management
• Introduction to Effective Inventory Management
• Inventory Management& the Supply Chain Strategy
• Demand Forecasting
• Lead time Management

Inventory Planning
• Introduction to Inventory Planning
• Service Level Policies – OTIF
• Inventory Categorization Techniques
• ABC Analysis
• Fast & Slow Moving, Excess, Obsolete & Defective Stocks
• Traceability and Variety Reduction
• Inventory Coding Systems
• The Inventory Management Plan

Inventory Operations
• Introduction to Inventory Operations
• Monitoring Movements
• Inventory Accuracy
• Measuring and Valuation of Inventory
• Receipt & Issuance of Inventory
• Systems to Replenish Inventory

Warehouse Planning & Systems
• Introduction to Warehouse Planning & Systems
• Warehouse Location & Acquisition Options
• Warehouse Design
• Warehouse Layout
• Materials Handling & Equipment
• Warehouse Operations
• Record Keeping & Communication
• Perpetual Systems/Continuous Review Systems
• International Quality Standards
• Physical Inventory & Cycle Counting

FOR WHOM:
Stores Purchasing and Logistics Personnel in the Public and Private Sectors