Warehouse Management Best Practices

• Develop an understanding of the role of warehouse in the end-to-end supply chain
• Learn best practices for warehouse operating processes
• Develop an inventory strategy in the warehouse
• Leverage information technology to improve visibility
• Develop a performance management program to and drive positive change

FOR WHOM:

Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

1ST BATCH:       27th – 29th May, 2020     

2ND BATCH:      10th – 13th November, 2020

Create a World-Class Warehouse with Performance Management and Metrics

Contemporary trends in warehousing Warehouse best practices and benchmarking The role of performance management in the warehouse What should you measure? Establish an executive dashboard using key performance indicators (KPIs) Identifying, prioritizing, and implementing improvements.

Leveraging Your Resources and Developing New Capabilities

Managing and incentivizing your people Employee training and evaluation The IT environment: your enterprise and the warehouse Role of the warehouse in the value chain Outsourcing: risks and opportunities Supplier collaboration models and strategies

Inventory, Analysis, and Product Classification

The function of inventory Inventory accuracy and control Handling WIP (Work-In-Progress) inventory Three-dimensional inventory classification and segmentation (ABC) Using inventory classification to drive efficiency Replenishment methods and strategies

Warehouse Operating Processes and Principles

Key functional processes from receiving to picking and shipping Optimizing the flow of goods across processes Advanced processes – break-bulk, cross-docking, mixing, assembly Cycle counting, conducting a physical inventory audit Implementing Lean principles in the warehouse Continuous improvement and managing change

CONTENT

Warehouse Infrastructure Strategies

Warehouse location strategy Options in warehouse layout and design Classes of warehouses Warehouse automation Information technology (IT) in the warehouse Industry variations