developing effective warehouse & material management

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PROFESSIONAL TRAINING MADE EASY

Website: www.quorse.com

DEVELOPING EFFECTIVE MANAGEMENT

WAREHOUSE

&

MATERIAL

DURATION: 2 DAYS; TIME SCHEDULE Time - 9:00am to 5:00pm Break - 10:15am to 10.30am and 3:15pm to 3:30pm Lunch - 1:00pm to 2:00pm BENEFITS Upon completion of this program, participants will be able to:  Manage the warehouse and inventory effectively and efficiently with cost in mind  Learn the techniques of good stock ordering and control  Avoid stock out situation - no late delivery  Understand the costs involved in operating the warehouse  Identify all storage area and install proper racking system  Know all the barriers in a complicated store environment  Apply various effective inventory control strategies  Understand the relationship of store with other major departments, identify the Key Store Performance areas to achieve Management and Manager’s expectations and utilize inventory control strategy to manage the store materials KEY CONTENT MODULE 1 - OVERVIEW SYSTEM OF EFFECTIVE STORE MANAGEMENT  What Is Store Management All About?  What Are The Basics Functions Of Store That Cannot Be IGNORED!  Understand The Relationships Of Store And Other Major Departments That Can Affect The Store Productivity  Duties And Responsibilities Of Professional Store Personnel MODULE 2 - ORGANIZING & OPERATING THE STORE  Factors Affecting The Efficiency In The Location Of Storage Area  What Is Considered An Ideal Storage Layout?  Different Types Of Storage Equipment Found In Store  Select Fixed Or Random Storage System For Your Storage Of Materials MODULE 3 - STORE & MATERIAL CODING AND CLASSIFICATION  Type And Forms Of Coding System Used Effectively In A Warehouse  Factors To Consider When Introducing Material Code  Characteristics Of A Good Coding System  How To Select A Suitable Color Coding System MODULE 4 - MATERIAL HANDLING EQUIPMENT & SELECTION CRITERIA  What Is Material Handling All About?  What Are The Objectives & Benefits Of Proper Material Handling?  Factors To Consider In Selecting Material Handling Equipment  How To Maximize Storage Space At Your Store & Warehouse?

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PROFESSIONAL TRAINING MADE EASY

Website: www.quorse.com

MODULE 5 - EFFECTIVE INVENTORY CONTROL  Causes Of Stock Obsolescence, Redundancy And Dead Stocks  Techniques To Reduce Stock-Out Situation Where Your Stock Records Does Not Equal Your Physical Goods!  Inventory Valuation And Proper Stock Audit Procedures  Importance Of Practicing FIFO System In Store MODULE 6 - STRATEGY IN INVENTORY CONTROL  What Are The Costs Involved In Holding High Stock?  How To Formulate A Good Stock Record System?  Aims Of Stock Control And The Factors That Affect The Levels Of Stock Held  What Is Safety Stock And How To Calculate It? MODULE 7 - UNDERSTAND THE VARIOUS EFFECTIVE INVENTORY CONTROL SYSTEM  Two Basic Inventory Control Systems – ROL & ROQ  Why The EOQ Model Is Important In Offsetting High Ordering Costs?  How Does The VED & FSN Analysis Used In Store?  Use ABC Analysis Methodology To Control Those High Value Stocks At Your Store AUDIENCE This program is suitable For Store Personnel, Store Supervisors, Executives, Purchaser, Procurement Personnel, Accountants, Accounting Staff and those who would like to gain knowledge on Store and Warehouse Operation. Level for Executives and above METHODOLOGY This stimulating program will maximize the understanding and learning through Lectures, Case studies, workshop activities, negotiating assessment and experiential role-play in practical situation.

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