About Course
Training Course on Inventory Control and Warehouse Management
Program Brief:
This intensive 10-day program combines theoretical knowledge with practical applications to develop expertise in inventory control and warehouse management. The course integrates modern technologies, best practices, and hands-on exercises to ensure comprehensive learning.
Course Objectives
By completion, participants will be able to:
- Master inventory control principles and warehouse management fundamentals
- Implement effective inventory management systems and techniques
- Optimize warehouse operations and layout
- Apply modern technologies in inventory management
- Develop strategic forecasting and planning capabilities
- Execute efficient warehouse safety and risk management protocols
- Lead warehouse teams effectively
- Implement performance measurement systems
Recommended For:
- Inventory Managers and Coordinators
- Warehouse Managers and Supervisors
- Supply Chain Professionals
- Operations Managers
- Procurement Professionals
- Business Analysts
- Logistics Coordinators
Duration
10 Days
Course Content
Course Outline
Module 1: Foundations of Inventory and Warehouse Management
- Core concepts and terminology in inventory management
- Warehouse operations fundamentals
- Supply chain integration principles
- Role of warehousing in business operations
- Introduction to warehouse efficiency metrics
- Industry best practices and case studies
- Interactive session: Supply chain simulation exercise
Module 2: Inventory Classification and Cost Management
- Inventory types and classifications
- ABC analysis implementation
- Inventory carrying costs analysis
- Ordering and stockout costs
- FIFO, LIFO, and weighted average methods
- Economic Order Quantity (EOQ) calculations
- Practical exercise: Inventory classification workshop
- Case study: Cost optimization strategies
Module 3: Advanced Inventory Management Techniques
- Just-in-Time (JIT) implementation strategies
- Safety stock optimization
- Reorder point calculations
- Cycle counting methodologies
- Inventory accuracy improvement techniques
- Stock rotation strategies
- Practical exercise: Safety stock calculations
- Interactive session: Cycle counting practice
Module 4: Warehouse Design and Space Optimization
- Strategic warehouse layout planning
- Storage systems and equipment selection
- Traffic flow optimization
- Dock management strategies
- Material handling equipment utilization
- Space optimization techniques
- Project work: Warehouse layout design
- Virtual tour: Modern warehouse facilities
Module 5: Technology and Automation in Warehousing
- Warehouse Management Systems (WMS)
- RFID and barcode technologies
- Automated Storage and Retrieval Systems (AS/RS)
- Robotics and AGV applications
- IoT in warehouse management
- Integration with ERP systems
- Demonstration: WMS software practice
- Workshop: Technology selection criteria
Module 6: Advanced Operations and Process Management
- Receiving best practices
- Put-away strategies
- Picking methodologies (wave, zone, batch)
- Cross-docking operations
- Returns processing
- Quality control procedures
- Practical exercise: Order picking optimization
- Case study: Process improvement
Module 7: Demand Planning and Inventory Optimization
- Demand forecasting techniques
- Sales and Operations Planning (S&OP)
- Collaborative Planning, Forecasting, and Replenishment (CPFR)
- Vendor Managed Inventory (VMI)
- Seasonal inventory management
- Buffer stock strategies
- Workshop: Demand forecasting
- Group exercise: S&OP simulation
Module 8: Performance Measurement and Team Management
- Key Performance Indicators (KPIs)
- Productivity measurement systems
- Team performance management
- Training program development
- Continuous improvement methodologies
- Lean warehouse implementation
- Project: KPI dashboard development
- Role-play: Team management scenarios
Module 9: Risk Management and Safety Protocols
- Risk assessment methodologies
- Safety regulations and compliance
- Emergency response procedures
- Hazardous materials handling
- Environmental management
- Insurance and liability
- Workshop: Risk assessment
- Practical exercise: Safety protocol development
Module 10: Integration and Future Trends
- E-commerce fulfillment strategies
- Sustainable warehousing practices
- Technology trends and innovations
- Change management strategies
- Industry 4.0 implications
- Future of warehouse automation
- Final project presentations
- Course wrap-up and action planning
General remarks
General remarks
- Customizable courses are available to address the specific needs of your organization.
- The participant must be conversant in English
- Participants who successfully complete this course will receive a certificate of completion from Lenol Development Center.
- The course fee for onsite training includes facilitation training materials, tea break and lunch.
- Accommodation and airport pick up are made upon request
- For any inquiries reach us through info@lenoldevelopmentcenter.com or +254 710 314 746
- Payment should be made to our bank account before the start of training