Course Overview
Effective Warehouse Operation and Inventory Management is essential in driving overall organisational efficiency, as warehousing is one of the most critical areas of asset management within a company. The demand for higher warehouse efficiency continues to grow, and without proper control and systematic management, it can lead to operational inefficiencies and financial leakages that directly impact business performance.
This 2 days training program is to bring awareness, knowledge, and technique of warehouse and inventory management to warehouse and store employees in order to meet the challenging demand of businesses to stay ahead of competition.
In this program, participants will learn the key principal and technique of warehousing, inventory management, and focus more toward the important key elements of effective warehousing and inventory management.
Course Objectives
By the end of the 2-day interactive session, the learning curve achieve will enable the following:
- IDENTIFY current internal strength and weakness of the warehouse operation
- DEVELOPED an appropriate warehousing action plan to improve on the current level of operation
- UNDERSTAND the current warehouse and inventory risk and DECIDE on appropriate action plan to ELIMINATE the risk
- DEVELOPED skills and technique in managing inventory with the objective of reducing the inventory level
- UNDERSTAND important of inventory management and using the right tool to manage inventory based on activity
- IDENTIFY key issue with inventory accuracy and stock level and reduce or eliminate the problem
- UNDERSTAND the concept of 6S
- DEVELOPED the most effective layout for the warehouse
- UNDERSTAND the importance of location system and type of location system to deploy for most efficient operation
- APPLY the knowledge to job function
Course Methodology
This training will involve the following area to enhance learning:
- Power point presentation in Bahasa Melayu and English
- Case studies / Brain storming session
- Discussion on subject of learning
- Facilitating by trainer to enhance understanding of subject matter
- Bilingual Notes will be provided (BM and English)
Who Should Attend
This training program is highly recommended for employees involve in warehousing & store operation and employees in other department, which has related cross-functional relationship, for example, purchasing, production, and logistics departments.
Course Content
Module 1 : Warehouse and Inventory Management Role and Objective
- Role of Stores and Warehouses in Business Operation
- Key Function and Objectives of Warehousing
- Key Principal of Warehouse and Inventory Management
- Public Warehouse
- Public Bonded Warehouse
- Private Bonded Warehouse
- Distribution Centre Warehouse
Module 2 : Warehouse and Inventory Operational Best Practices
- Best Practices for Receiving
- Best Practices for Issuing
- Stock Quarantine procedure
- Stock Preservation procedure
- Putaway
- Inventory Picking system
- Managing Cross docking
Module 3 : Putaway, Picking and Cross Docking Management
- Putaway
- Inventory Picking system
- Managing Cross docking
Module 4 : Warehouse Layout and Location Management
- Type of Storage system
- Advantages and disadvantages of each type of storage system
- Process of Layout for effective storage
- Key Principle of improving warehouse layout
- Location system management
- Case study
Module 5 : Effective Inventory Management
- Type of Inventory in Warehouse
- Pareto Analysis (ABC Analysis / Rule of 80/20)
- KANBAN Supermarket system
- KANBAN 2 bin system
- Just in Time
- Consignment Stock
- Calculating Stock Replenishment Level (Min stock, Reorder Level and Safety Stock)
- Push system
- Pull system
Module 6 : Managing Inventory Accuracy
- Inventory management – Auditing for process and stock
- Inventory management – Understand Stock ABC Analysis key purpose
- Inventory management – Review Replenishment level with Safety and Reorder stock management
- Inventory Management – Push and Pull Inventory
Module 7 : Reducing Wastages and Risk in Warehouse and Inventory Management
- 7 key wastes of Warehouse and Inventory Management
- Problem solving method to eliminate waste
- Managing Risk in Warehouse Operation
- Mitigation steps to eliminate Risk
- Case study
Module 8 : Understanding the concept of 6S warehouse system
- What is 6S
- 5S housekeeping versus 6S system
- Step to efficient 6S implementation
- 6S scoring for improvement
