Program Code 8406
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To assist the staff members to upgrade their performance through better understanding the
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warehousing systems and the improvement of the to-be-established recommendation
Store & Warehouse Management & Organization
• Function of the store in the company context
• Stores Layout
• Storage Options
• Types of warehouse & Different Components
• The Stores Vocabulary and Stock rotation
• Installing Technology for data collection and communication
• Stockyards and the control of tools
Introduction to Inventory Control
• Types of Inventory
Buffer- Cycle- Anticipation- Pipeline
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Reasons for Holding Inventory
Customer Service- Ordering Costs- Set up Cost- Labor and machine Utilization -Safety Stock- Pipeline/ Anticipation
supply Problems
Factors affecting Inventory levels & Replenishment Quantities
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Costs
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Cost of Capital Invested in Stock
Physical Cost to keep and protect the item
Replenishment cost
Stock Out Costs
Demand
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MRP & Demand Forecasting
Type of Demand (bulk or individual items)
Frequency of use
Regularity of use
Replenishment
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Order lead-time
Nature of Delivery: partial shipment- frequency of shipment- type of unit loads
Inventory Control Approaches
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Fixed Input Level and Quantity Approach
Fixed Interval Approach
Economic Order Quantity EOQ
The ABC Approach (Pareto Analysis)
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Class A: Approx. 20% of Total Items account for 80% of Stock Value (Individual Control)
Class B: Approx. 30% of Total Items account for 10% of Stock Value
8406 Warehousing- 1
(Control on Family or Groups basis)
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Class C: Approx. 50% of Total Items account for 10% of Stock Value
(Controlled by a minimum expenditure system)
Inventory System and data management
• Basic Element for Data Bank for Level-By-Level Inventory Control
(from raw material to finished products- and for all stores and warehouse)
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On Order Balance
On Hand Balance
Allocated or Committed Balance
Available Balance
Miscellaneous Information: Storage environment requirements, stackablilty, order picking location, and
freight classification
Computerized Warehouse Management System
Material Handling & Creative ways for managing small storage areas
• Scope of Material Handling
• Benefits of Material Handling
• Principles of Material Handling related to planning
• Material flow principle
• Simplification Principle
• Gravity Principle
• Space Utilization Principle
• Unite Size principles
• Safety Principle
• Principles of Material Handling related to Equipment
• Automation Principle
• Equipment Selection Principle
• Standardization Principle
• Flexibility Principle
• Dead-Weight Principle
• Motion Principle
• Principles of Material Handling related to Operation
• Production and Inventory Control Principle
• Capacity Principle
• Performance efficiency Principle
Warehouse wasted Space & Creative ways for managing small storage areas
• Measuring what you actually use in your warehouse
• Dividing warehouse according to inventory main categories
• Optimizing warehouse space utilization
• Top Five Space Problems for warehouse Managers
• Not enough Storage Location
• Not enough Pick Locations
• The wrong Configuration of Storage
• Poor Cube Utilization Landlocked Site
Integration of stock management in the Supply Chain Cycle
• Selling the first step in the Supply chain (customer - retailer..)
• Distribution Transportation decision and its integration in the Supply chain Cycle
• Buying & purchasing and its integration in the Supply chain Cycle
• Inventory Decisions and its integration in the Supply chain Cycle
• Distribution & Decisions
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Just-In-Time (JIT) and in the Supply chain Cycle
8406 Warehousing- 2