Training Planning and Inventory Control

OBJECTIVES Provide a clear understanding of the interdependancy between inventory control, service level, production planning and cost control. Provide the necessary techniques and practical solutions to realize optimised stock levels and well balanced production batches. TARGET GROUP All staff members and executives in charge of customer service, inventory control, production management or those who are preparing to take these responsibilities in the near future. Course Outline Introduction to inventory control Role of stocks as buffer between unequal flows Inventory types Dependent vs independent demand Cost elements of inventory control The optimal order quantity: EOQ The static order model The principles of the static model The different variables: lead time, revision, rotation, service level The use of ABC-analysis in inventory control The determination of the safety stock, the order level and the maximum The dynamic order model and forecasting The principles of the dynamic model Forecasting and prediction Review of the decomposition method; trends and seasonal influances Selection of the forecasting method Strategical inventory control Multi-level inventory control: optimisation...
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Warehouse Management, Material Handling, Storage and Logistics Operations

Warehouse Management, Material Handling, Storage and Logistics Operations This Course is Designed For: Warehouse Managers Supply Chain and Logistics Managers and Professionals Operations Managers Logistics Professionals Inventory Managers Purchasing and Procurement Managers Retailers Inventory and Warehouse Control Professionals Production Planners Financial Managers Project Managers Distribution Centre Supervisors Manufacturers and Industries Academicians, Researchers, NGOs and Practitioners Those who need to develop their understanding about warehouse management and material handling and storage Those who are looking for business gains and benefits from managing warehouse Course programme Course Contents, Concepts and Issues: Principles of Warehousing Types of Warehouse Operation Functions of Warehousing Warehousing Processes: From Receipt to Storage Receiving Pre-receipt In-handling Preparation Offloading Checking Cross-Docking Recording Quality and Control Storage Warehousing Processes: From Replenishment to Despatch Replenishment Value Added Services Indirect Activities Stock Management Stock or Inventory Counting Cycle Counting The Count Security Returns Processing Despatch The Driver Distribution Centre Concept General Warehousing and Distribution Centre Strategies Design and Layout Design Criteria Handling Technology Storage Plan Data Gathering Space Calculations Aisle Width Other Space Example of Warehouse Layout Looking for Additional Space ...
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