World Class Practices in Warehousing Stores & Stock Management

Course Overview:

Warehousing and distribution methods are changing dramatically! New approaches and value‐added warehousing concepts offer opportunities to cut costs substantially while improving overall operations. In addition, many organizations are now focusing on the impact of the warehouse’s bottom‐line and are trying make warehouse operations more closely aligned with their organization’s supply chain.

Organizations that make the best use of the basic principles of planning and managing warehouse operations have a competitive advantage. Organizations that lack warehouse strategic planning and operational excellence lose profits, cost advantages, and market leadership. They also suffer from an inflated number of SKUs and/or a proliferation of slow and obsolete inventory.

This intensive and practical training on World Class Practices in Warehousing, Stores, & Stock Control Management will help you stay in touch with the most important new concepts in the warehousing and distribution field.

In this course you will not only learn practical ways to improve equipment selection, warehouse layouts, inventory control, put‐away, packing, loading, picking, and receiving, but you will start immediately to identify ways to apply these ideas to your specific environment.

During the World Class Practices in Warehousing, Stores, & Stock Control Management training, you will have the chance to develop your own action plan so you can put the information to work right away. Furthermore, you will soon see how the time‐tested techniques from this seminar can be used successfully on the job to strengthen the relationship between the overall organization and your warehouse operation.

Course Objective:

By the end of this training, participants will be able to:

• Examine the current role of warehousing in your company
• Measure your warehouse productivity and improve it
• Ways to improve your warehouse and stores layout
• Estimate storage and space requirements accurately
• Classify your SKUs and products for stock control
• Practical techniques to manage the critical functions of an effective warehouse or storeroom
• Select the proper handling equipment for your warehouse or storeroom
• Choose efficient storage systems for your warehouse or storeroom
• Identify procedures for streamlining the flow of paper and materials to smooth work loads and improve warehouse or stores controls
• Schedule work to meet volume and costs targets
• Develop specific and realistic guidelines for setting and measuring metrics and KPIs
• How to SIMPLIFY, SIMPLIFY, SIMPLIFY—and increase your warehouse productivity in the process
• Methods for assembling and analyzing the information you need to optimize your warehouse operations
• How to balance the layout plan and material flow
• Increase the capacity of your warehouse with various storage methods
• Balance your warehouse service level with your customers’ requirements
• The importance of facility maintenance, housekeeping, health, safety, and security

Who Should Attend?

This training will benefit those with a basic to intermediate level of experience in stores, distribution, and warehousing. If you are in a supervisory position in a warehouse setting, or if you are simply interested in learning about warehousing principles and practices, here’s your chance to learn practical techniques for planning, managing, and improving your day‐to‐day warehouse operations.

Course Content:

Module (01) the Role of the Warehouse

1.1 Examining the Current Role of Warehousing

1.2 The Value & Impact of Higher Efficiency

1.3 Supply / Demand Variables

1.4 A‐B‐C– Analysis & Pareto’s law

 Module (02) Warehouse Product Classification

2.1 SKU/Product Handling Determination

2.2 SKU/Product Throughput & Inventory

2.3 Throughputs & Forecasts

2.4 The Impact of Workload Balancing

Module (03) Warehouse Layout Options (Four Functions)

3.1 Receiving & Inbound

3.2 Storage & Put ‐ away

3.3 Picking & Fulfillment

3.4 Dispatching & Shipping

 Module (04) Methods & Equipments

4.1 Layout Capacity Factor Guidelines

4.2 Dock Loading/Unloading Bays

4.3 Selecting Fork Lift Trucks

4.4 Selecting Storage Racking

4.5 Implications for Warehouse Layouts

 Module (05) Facility Maintenance, Housekeeping, Health, Safety

5.1 Maintenance & Equipment Duty of Care

5.2 Housekeeping in the Warehouse

5.3 Health & Safety Environment

5.4 Inspections & Checklists

 Module (06) Proactive Safety, Security, & Loss Prevention

6.1 Raising Safety Awareness

6.2 Inspections & Risk Assessment

6.3 Physical Security

6.4 Loss Prevention

Module (07) Warehouse Costs & Productivity Measures

7.1 Warehouse Costs Centers

7.2 Typical Costs

7.3 The Role of Productivity

7.4 The Role of Utilization

7.5 The Role of Performance

7.6 Setting & Measuring Targets, Metrics, and Key Performance Indicators

 Module (08) How the Warehouse Impacts Customer Service

8.1 The Customer Satisfaction Process

8.2 Customer Service Metrics

8.3 Errors—and What They Can Cost You

8.4 Return Goods Management

8.5 Warehouse & DC Measures of Agreed Performance

 Module (09) Stock Coding, Recording, & Location

9.1 Stock Coding & Inventory Classification

9.2 Stock Recording & Internal Controls

9.3 Stock Location

9.4 Maintaining Accuracy of the Stock Location System

9.5 Separation of Powers, Legal Issues, & SOX

 Module (10) Taking Inventory, Reconciling, Handling Discrepancies

10.1 Physical Inventory Procedures

10.2 Stock Tolerances, Discrepancies, Reconciling, & Inventory Adjustments

10.3 Cycle Counts

10.4 Maintaining Inventory Accuracy

10.5 Troubleshooting Typical Inventory Errors in the Warehouse