Warehousing and Inventory Control (Tools Management)

Training Warehousing and Inventory Control (Tools Management)

DESCRIPTION

Warehousing and Inventory Control are important for efficient operation of warehouses. In recent years, computerization has improved the efficiency of the warehouse operations to great extent. At the same time, computerization has not replaced the need for conceptual understanding of warehouse and inventory control. 

OUTLINE

Part 1- Warehouse Management

  1. Warehouse Organization
    • Position of warehouse/stores division in the Organization
    • Delegation of Authority
  2. Requisitions and Replenishment of Materials
    • Replenishment of Stock Items
    • Distribution of MRP
  3. Receipt and Inspection of Materials
    • Receipt of Materials
    • Inspection
  4. Issue of Materials
    • Procedure for Emergency Issues
    • Procedure for materials Issued on Loan Basis
  5. Stocktaking
    • Reason for Higher Physical Balance in the Inventory
    • Rectification of Shortage/Excess
  6. Discrepancies and Their Resolution
    • Processing and Distribution of DR
    • Handling of Materials Under Discrepancy
  7. Control of Tools, Surplus, and Scrap Materials
    • Control Tools
    • Scrap Materials
  8. Storage and Handling Practices of Materials
    • Storage of Motors and Castables
    • Storage of Industrial Gases
  9. Computerization of Warehouse Activities
    • Creating a Database for Transactional Tasks
    • Leading Store-keeping and Inventory Control Packages
  10. Performance Evaluation of Stores Activities
    • Criticism of Stores Division
    • Lessons to be Drawn from Performance Evaluation
  11. ISO Standards and Warehouse Activities
    • Warehouse Activities and Quality Assurance
    • Stores Division Activities in Conformance to ISO 9001
  12. Warehouse Location, Layout, and Facilities Planning
    • Location of Stores
    • Physical Facilities Planning
  13. Warehouse Security, Safety, and Maintenance
    • Security
    • Safe Working Area

Part 2- Inventory Control

  1. Inventory Classification and Strategies
    • In-Process Inventories
    • Strategic Considerations in the Control of Finished Goods Inventory
  2. Codification
    • Methods of Codification
    • Elements of a Good Codification System
  3. Standardization
    • Situations where Standardization is Not Preferred
    • Standardization Program
  4. Inventory Control Model
    • Elements of Inventory Control Model
    • Dynamic Nature of the Inventory Control Model
  5. Inventory Control Techniques
    • ABC Analysis
    • Classification of items for Strategic Review
  6. Effective Management of Spare Parts
    • Factors Influencing the Stock of Spare parts
    • Steps for Management of Spare Parts
  7. Valuation of Inventory
    • Importance of Valuation Inventory
    • Valuation of Materials Issues

TRAINING METHODE

Presentation

Discussion

Case Study

Evaluation 

FACILITY

Training Kit

Handout

Certificate

Lunch + 2 X Coffee Break

Souvenir

Pickup Participant 

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