/  Warehouse Management And Inventory Control Training

Warehouse Management And Inventory Control Training

BMC Training provides a training course in Warehouse Management And Inventory Control in Warehouse , Logistics , Supply Chain and Inventory

Course Title
Venue
Start Date
End Date
  • Dubai
    27 - 1 - 2019
    7 - 2 - 2019
  • Paris
    27 - 1 - 2019
    7 - 2 - 2019
  • Hong Kong
    27 - 1 - 2019
    7 - 2 - 2019
  • Kuala Lumpur
    20 - 1 - 2019
    31 - 1 - 2019
  • Rome
    20 - 1 - 2019
    31 - 1 - 2019
  • Barcelona
    20 - 1 - 2019
    31 - 1 - 2019
  • Zurich
    20 - 1 - 2019
    31 - 1 - 2019
  • Istanbul
    13 - 1 - 2019
    24 - 1 - 2019
  • Bali
    13 - 1 - 2019
    24 - 1 - 2019
  • Singapore
    13 - 1 - 2019
    24 - 1 - 2019
  • London
    6 - 1 - 2019
    17 - 1 - 2019
  • Madrid
    6 - 1 - 2019
    17 - 1 - 2019
  • Munich
    6 - 1 - 2019
    17 - 1 - 2019
  • Berlin
    6 - 1 - 2019
    17 - 1 - 2019
  • London
    24 - 2 - 2019
    7 - 3 - 2019
  • Madrid
    24 - 2 - 2019
    7 - 3 - 2019
  • Munich
    24 - 2 - 2019
    7 - 3 - 2019
  • Berlin
    24 - 2 - 2019
    7 - 3 - 2019
  • Kuala Lumpur
    17 - 2 - 2019
    28 - 2 - 2019
  • Rome
    17 - 2 - 2019
    28 - 2 - 2019
  • Barcelona
    17 - 2 - 2019
    28 - 2 - 2019
  • Zurich
    17 - 2 - 2019
    28 - 2 - 2019
  • Istanbul
    10 - 2 - 2019
    21 - 2 - 2019
  • Bali
    10 - 2 - 2019
    21 - 2 - 2019
  • Singapore
    10 - 2 - 2019
    21 - 2 - 2019
  • Dubai
    3 - 2 - 2019
    14 - 2 - 2019
  • Paris
    3 - 2 - 2019
    14 - 2 - 2019
  • Hong Kong
    3 - 2 - 2019
    14 - 2 - 2019
  • Dubai
    17 - 3 - 2019
    28 - 3 - 2019
  • Paris
    17 - 3 - 2019
    28 - 3 - 2019
  • Hong Kong
    17 - 3 - 2019
    28 - 3 - 2019
  • Kuala Lumpur
    10 - 3 - 2019
    21 - 3 - 2019
  • Rome
    10 - 3 - 2019
    21 - 3 - 2019
  • Barcelona
    10 - 3 - 2019
    21 - 3 - 2019
  • Zurich
    10 - 3 - 2019
    21 - 3 - 2019
  • Istanbul
    3 - 3 - 2019
    14 - 3 - 2019
  • Bali
    3 - 3 - 2019
    14 - 3 - 2019
  • Singapore
    3 - 3 - 2019
    14 - 3 - 2019
  • London
    24 - 3 - 2019
    4 - 4 - 2019
  • Madrid
    24 - 3 - 2019
    4 - 4 - 2019
  • Munich
    24 - 3 - 2019
    4 - 4 - 2019
  • Berlin
    24 - 3 - 2019
    4 - 4 - 2019
  • London
    28 - 4 - 2019
    9 - 5 - 2019
  • Madrid
    28 - 4 - 2019
    9 - 5 - 2019
  • Munich
    28 - 4 - 2019
    9 - 5 - 2019
  • Berlin
    28 - 4 - 2019
    9 - 5 - 2019
  • Kuala Lumpur
    7 - 4 - 2019
    18 - 4 - 2019
  • Rome
    7 - 4 - 2019
    18 - 4 - 2019
  • Barcelona
    7 - 4 - 2019
    18 - 4 - 2019
  • Zurich
    7 - 4 - 2019
    18 - 4 - 2019
  • Istanbul
    14 - 4 - 2019
    25 - 4 - 2019
  • Bali
    14 - 4 - 2019
    25 - 4 - 2019
  • Singapore
    14 - 4 - 2019
    25 - 4 - 2019
  • Dubai
    21 - 4 - 2019
    2 - 5 - 2019
  • Paris
    21 - 4 - 2019
    2 - 5 - 2019
  • Hong Kong
    21 - 4 - 2019
    2 - 5 - 2019
  • Dubai
    12 - 5 - 2019
    23 - 5 - 2019
  • Paris
    12 - 5 - 2019
    23 - 5 - 2019
  • Hong Kong
    12 - 5 - 2019
    23 - 5 - 2019
  • Kuala Lumpur
    5 - 5 - 2019
    16 - 5 - 2019
  • Rome
    5 - 5 - 2019
    16 - 5 - 2019
  • Barcelona
    5 - 5 - 2019
    16 - 5 - 2019
  • Zurich
    5 - 5 - 2019
    16 - 5 - 2019
  • Istanbul
    19 - 5 - 2019
    30 - 5 - 2019
  • Bali
    19 - 5 - 2019
    30 - 5 - 2019
  • Singapore
    19 - 5 - 2019
    30 - 5 - 2019
  • London
    26 - 5 - 2019
    6 - 6 - 2019
  • Madrid
    26 - 5 - 2019
    6 - 6 - 2019
  • Munich
    26 - 5 - 2019
    6 - 6 - 2019
  • Berlin
    26 - 5 - 2019
    6 - 6 - 2019
  • London
    9 - 6 - 2019
    20 - 6 - 2019
  • Madrid
    9 - 6 - 2019
    20 - 6 - 2019
  • Munich
    9 - 6 - 2019
    20 - 6 - 2019
  • Berlin
    9 - 6 - 2019
    20 - 6 - 2019
  • Kuala Lumpur
    16 - 6 - 2019
    27 - 6 - 2019
  • Rome
    16 - 6 - 2019
    27 - 6 - 2019
  • Barcelona
    16 - 6 - 2019
    27 - 6 - 2019
  • Zurich
    16 - 6 - 2019
    27 - 6 - 2019
  • Istanbul
    23 - 6 - 2019
    4 - 7 - 2019
  • Bali
    23 - 6 - 2019
    4 - 7 - 2019
  • Singapore
    23 - 6 - 2019
    4 - 7 - 2019
  • Dubai
    2 - 6 - 2019
    13 - 6 - 2019
  • Paris
    2 - 6 - 2019
    13 - 6 - 2019
  • Hong Kong
    2 - 6 - 2019
    13 - 6 - 2019
  • Dubai
    7 - 7 - 2019
    18 - 7 - 2019
  • Paris
    7 - 7 - 2019
    18 - 7 - 2019
  • Hong Kong
    7 - 7 - 2019
    18 - 7 - 2019
  • Kuala Lumpur
    14 - 7 - 2019
    25 - 7 - 2019
  • Rome
    14 - 7 - 2019
    25 - 7 - 2019
  • Barcelona
    14 - 7 - 2019
    25 - 7 - 2019
  • Zurich
    14 - 7 - 2019
    25 - 7 - 2019
  • Istanbul
    21 - 7 - 2019
    1 - 8 - 2019
  • Bali
    21 - 7 - 2019
    1 - 8 - 2019
  • Singapore
    21 - 7 - 2019
    1 - 8 - 2019
  • London
    28 - 7 - 2019
    8 - 8 - 2019
  • Madrid
    28 - 7 - 2019
    8 - 8 - 2019
  • Munich
    28 - 7 - 2019
    8 - 8 - 2019
  • Berlin
    28 - 7 - 2019
    8 - 8 - 2019
  • London
    4 - 8 - 2019
    15 - 8 - 2019
  • Madrid
    4 - 8 - 2019
    15 - 8 - 2019
  • Munich
    4 - 8 - 2019
    15 - 8 - 2019
  • Berlin
    4 - 8 - 2019
    15 - 8 - 2019
  • Kuala Lumpur
    11 - 8 - 2019
    22 - 8 - 2019
  • Rome
    11 - 8 - 2019
    22 - 8 - 2019
  • Barcelona
    11 - 8 - 2019
    22 - 8 - 2019
  • Zurich
    11 - 8 - 2019
    22 - 8 - 2019
  • Istanbul
    18 - 8 - 2019
    29 - 8 - 2019
  • Bali
    18 - 8 - 2019
    29 - 8 - 2019
  • Singapore
    18 - 8 - 2019
    29 - 8 - 2019
  • Dubai
    25 - 8 - 2019
    5 - 9 - 2019
  • Paris
    25 - 8 - 2019
    5 - 9 - 2019
  • Hong Kong
    25 - 8 - 2019
    5 - 9 - 2019
  • Dubai
    22 - 9 - 2019
    3 - 10 - 2019
  • Paris
    22 - 9 - 2019
    3 - 10 - 2019
  • Hong Kong
    22 - 9 - 2019
    3 - 10 - 2019
  • Kuala Lumpur
    1 - 9 - 2019
    12 - 9 - 2019
  • Rome
    1 - 9 - 2019
    12 - 9 - 2019
  • Barcelona
    1 - 9 - 2019
    12 - 9 - 2019
  • Zurich
    1 - 9 - 2019
    12 - 9 - 2019
  • Istanbul
    8 - 9 - 2019
    19 - 9 - 2019
  • Bali
    8 - 9 - 2019
    19 - 9 - 2019
  • Singapore
    8 - 9 - 2019
    19 - 9 - 2019
  • London
    15 - 9 - 2019
    26 - 9 - 2019
  • Madrid
    15 - 9 - 2019
    26 - 9 - 2019
  • Munich
    15 - 9 - 2019
    26 - 9 - 2019
  • Berlin
    15 - 9 - 2019
    26 - 9 - 2019
  • London
    20 - 10 - 2019
    31 - 10 - 2019
  • Madrid
    20 - 10 - 2019
    31 - 10 - 2019
  • Munich
    20 - 10 - 2019
    31 - 10 - 2019
  • Berlin
    20 - 10 - 2019
    31 - 10 - 2019
  • Kuala Lumpur
    27 - 10 - 2019
    7 - 11 - 2019
  • Rome
    27 - 10 - 2019
    7 - 11 - 2019
  • Barcelona
    27 - 10 - 2019
    7 - 11 - 2019
  • Zurich
    27 - 10 - 2019
    7 - 11 - 2019
  • Istanbul
    6 - 10 - 2019
    17 - 10 - 2019
  • Bali
    6 - 10 - 2019
    17 - 10 - 2019
  • Singapore
    6 - 10 - 2019
    17 - 10 - 2019
  • Dubai
    13 - 10 - 2019
    24 - 10 - 2019
  • Paris
    13 - 10 - 2019
    24 - 10 - 2019
  • Hong Kong
    13 - 10 - 2019
    24 - 10 - 2019
  • Dubai
    3 - 11 - 2019
    14 - 11 - 2019
  • Paris
    3 - 11 - 2019
    14 - 11 - 2019
  • Hong Kong
    3 - 11 - 2019
    14 - 11 - 2019
  • Kuala Lumpur
    17 - 11 - 2019
    28 - 11 - 2019
  • Rome
    17 - 11 - 2019
    28 - 11 - 2019
  • Barcelona
    17 - 11 - 2019
    28 - 11 - 2019
  • Zurich
    17 - 11 - 2019
    28 - 11 - 2019
  • Istanbul
    3 - 11 - 2019
    14 - 11 - 2019
  • Bali
    3 - 11 - 2019
    14 - 11 - 2019
  • Singapore
    3 - 11 - 2019
    14 - 11 - 2019
  • London
    10 - 11 - 2019
    21 - 11 - 2019
  • Madrid
    10 - 11 - 2019
    21 - 11 - 2019
  • Munich
    10 - 11 - 2019
    21 - 11 - 2019
  • Berlin
    10 - 11 - 2019
    21 - 11 - 2019
  • London
    15 - 12 - 2019
    26 - 12 - 2019
  • Madrid
    15 - 12 - 2019
    26 - 12 - 2019
  • Munich
    15 - 12 - 2019
    26 - 12 - 2019
  • Berlin
    15 - 12 - 2019
    26 - 12 - 2019
  • Kuala Lumpur
    22 - 12 - 2019
    2 - 1 - 2020
  • Rome
    22 - 12 - 2019
    2 - 1 - 2020
  • Barcelona
    22 - 12 - 2019
    2 - 1 - 2020
  • Zurich
    22 - 12 - 2019
    2 - 1 - 2020
  • Istanbul
    1 - 12 - 2019
    12 - 12 - 2019
  • Bali
    1 - 12 - 2019
    12 - 12 - 2019
  • Singapore
    1 - 12 - 2019
    12 - 12 - 2019
  • Dubai
    8 - 12 - 2019
    19 - 12 - 2019
  • Paris
    8 - 12 - 2019
    19 - 12 - 2019
  • Hong Kong
    8 - 12 - 2019
    19 - 12 - 2019

 Introduction

Warehouse is an essential limb of an industrial unit. It is the depository of all materials required by the industrial unit and supplies materials as and when required. Different types of materials are required for different operations in a production unit.

On completion of this course you should be able to: 

  • The different types of inventories and importance of inventory to organizations.
  • The principles and purpose on inventory management and control.
  • The costs associated with inventory management.
  • Inventory verification and valuation methods.
  • Different approaches for effective management of dependent demand and independent demand inventories and when to apply them.
  • The fundamentals of warehousing and stock handling.
  • Organizational structure and functional responsibilities in inventory and warehousing.
  • How to measure and improve inventory management performance.

Course Outline

Module 1: Warehouse Management

Warehouse Organization

  • Introduction to warehouse organization
  • Position of Warehouse/stores in the organization
  • Organization structure of stores division
  • Organization matters for efficient working of stores division
  • Delegation of authority

Requisitions and Replenishment of Materials

  • Need for requisitioning the material
  • Replenishment of stock items
  • Preparation of materials requisition report
  • Dispatch of requisition to user department
  •  Review order quantity

Performance Evaluation of Stores Activities

  • Criticism of stores division
  • Poor inventory control
  • Improper store-keeping and Tools Management
  • Performance indicators and evaluation
  • How is performance evaluation carried out

ISO Standards and Warehouse Activities

  • Introduction to ISO standards
  • The importance of ISO standards
  • Registration for ISO certification
  • Warehouse activities and quality assurance
  • Stores division activities in conformance to ISO 9001

Warehouse Location, Layout, and Facilities Planning

  • Number and size of stores
  • Location of stores
  • Layout planning of warehouse
  • Physical facilities planning

Warehouse Security, Safety, and Maintenance

  • Security
  • Entry to warehouse
  • Management of warehouse keys
  • Closing of warehouse
  • Issue to authorized individuals

Module2: Inventory Control

Inventory Classification and Strategies

  • Advantages of classification of inventory
  • Regular inventory item
  • In-process inventories
  • Finished goods inventory
  • Strategic considerations in the control of finished goods inventory
  • Market research

Codification and Standardization

  • Methods of Codification
  • Variety reduction
  • Advantages of standardization
  • Situations where standardization is not preferred
  • Types of standards
  • Standardization program

Inventory Control Model

  • Theoretical inventory control model
  • Elements of inventory control model
  • Dynamic nature of the inventory control model
  • Maintenance requirements
  • Reorder point fluctuations

Inventory Control Techniques

  • Best order quantity
    • Economic Order Quantity (EOQ) defined
    • Determining Economic Order Quantity (EOQ)
  • Variable costs
  • ABC analysis
  • Other techniques of analysis

Effective Management of Spare Parts

  • Factors influencing the stocking of spare parts
  • Appropriate maintenance techniques
  • Administrative and financial factors
  • Steps for management of spare parts
  • Diagnostic survey
  • Reconditioning and overhauling of parts

Valuation of Inventory

  • Importance of valuation of inventory
  • Valuation of material issues
    • First in First Out (FIFO)
    • Last in First Outs
    • Highest in First Out (HIFO)
    • Next in First Out (NIFO)
    • Simple average method
    • Weighted average cost method
  • Factors considered in selection of method of valuation of inventory

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