Warehousing and Inventory Management Course

  • Start Date

    17 Jan, 2023

  • End Date

    20 Jan, 2023

  • Price

    ₦200,000

  • WiFi

    Free wifi

Event Details

This course aims to help the supply chain professional to understand and apply major and significant aspects of inventory management:

  • Optimize Inventory Levels
  • Build an Inventory Management Plan
  • Design & Manage Warehouse Operations
  • Increase Accuracy, Traceability & Reduce Parts Variety

 

CONTENT

Introduction

  • What is Inventory Management
  • Working Capital Cycle
  • Why is Inventory Management important
  • Why keep Inventory
  • How much Inventory to Keep
  • The Role of the Inventory Manager

 

Effective Inventory Management

  • Introduction to Effective Inventory Management
  • Inventory Management& the Supply Chain Strategy
  • Demand Forecasting
  • Lead time Management

 

Inventory Planning

  • Introduction to Inventory Planning
  • Service Level Policies – OTIF
  • Inventory Categorization Techniques
  • ABC Analysis
  • Fast & Slow Moving, Excess, Obsolete & Defective Stocks
  • Traceability and Variety Reduction
  • Inventory Coding Systems
  • The Inventory Management Plan

 

Inventory Operations

  • Introduction to Inventory Operations
  • Monitoring Movements
  • Inventory Accuracy
  • Measuring and Valuation of Inventory
  • Receipt & Issuance of Inventory
  • Systems to Replenish Inventory

 

Warehouse Planning & Systems

  • Introduction to Warehouse Planning & Systems
  • Warehouse Location & Acquisition Options
  • Warehouse Design
  • Warehouse Layout
  • Materials Handling & Equipment
  • Warehouse Operations
  • Record Keeping & Communication
  • Perpetual Systems/Continuous Review Systems
  • International Quality Standards
  • Physical Inventory & Cycle Counting

 

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.

 

DATE:

1ST BATCH:                      17th - 20th Jan, 2023                                         

2ND BATCH:                     11th - 14th July, 2023

Other Dates

Start Date End Date
11 Jul, 2023 14 Jul, 2023
Start Date End Date
17 Jan, 2023 20 Jan, 2023
  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

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