WAREHOUSE MANAGEMENT AND INVENTORY CONTROL

Warehouse Management 2

How well do you manage the “Three P’s” of warehousing and inventory control?

Business priorities don’t always wait for the supply chain to react to needs. In addition, budgets are too tight for “just in case” inventories waiting for policy-makers to decide whether to install more “children at play signs” or provide additional environmentally-friendly trash bags at parks. How does today’s procurement professional proactively prepare to satisfy client needs? One answer may be an effective warehouse and inventory control system. This course focuses on optimizing the development/management/maintenance of a supply chain that includes a warehousing and inventory management strategy. It enables the procurement professional to gain command of the key elements of a successful operation and provides a guide to complementing procurement activities with prudent inventory management techniques. Can these concepts help your procurement function add value to meet often unpredictable demands? Check it out!

Learning Objective

Upon successful completion of this course participants will be able to:

Evaluate how warehouse management and inventory control can help meet organizational needs.
Discuss various techniques for safely and effectively managing inventories and optimizing services to clients.
Provide for effective management, including disposal, of surplus, scrap and excess inventory.
Identify current trends in warehouse management and inventory control.

Target Audience

Finance, procurement and supply chain professionals looking for ways to become more effective and efficient by improving their inventory management methodologies. Warehouse managers and warehouse employees.

Content

Topics covered will include:

Day One:

Pre-Test
Introduction to Warehousing and Inventory Control
- Organizational Placement
- Funding and Costs
Management
- Safety and Security
- Performance Measurement
- Technology
- Working Stock and Safety Stock