Join the best warehouse management training course in Dubai or Abu Dhabi with Blue Ocean Academy, the industry leaders in warehouse and inventory management training.
Certified International Warehouse and Inventory Manager (CIWIM) from the International Purchasing and Supply Chain Management Institute, IPSCMI – USA.
Our trainers are certified professionals with excellent professional training experience By joining our warehouse management course students will develop and sharpen the knowledge necessary to formulate solutions and the understand how warehouse operations are important to fulfil clients’ requirements while utilising area, system, and exertions efficiently, meeting this intention requires regular planning of inventory and warehouse management.
IMPORTANCE OF WAREHOUSING & INVENTORY MANAGEMENT
Management of Warehouse and Inventory is essential to any logistics system, which is an essential part of supply chain management. Warehousing will play a substantial role in ensuring the efficient functioning of the entire supply chain systems in the future. As customers are moving towards online shopping, RFIDs, Autobots, CPFR and auto replenishment systems will be the new normal in warehouse and inventory operations.
A warehouse is a central location that allows shippers to receive, store and distribute products. As products arrive at the warehouse, the responsibility for the products will transfer to the personnel in the warehouse. Safety measures should be established. In addition, the product’s organization influences shipping times. Zero-error operations will increase the efficiency of the warehouse thereby increasing the profitability of the organisation.
The primary objective of a logistics system is to increase efficiency and clientele service by reducing cycle times and lowering overall costs. Storage offers added value to the logistics system allowing businesses to keep an inventory so that products ordered are shipped on time. Storage reduces delivery costs not only for business but also for customers since the products are shipped from a central location and not from multiple locations. In a similar light, storage can effectively manage supply and demand. Since businesses need to remain competitive, the economic benefits produced by a warehouse that is running efficiently will positively impact the profitability of the entire process.
In short, storage is an essential and beneficial practice for many businesses. With the increase in online business, qualified and professional warehouse management professionals will be high in demand.
Module I: Introduction to Warehousing and Inventory
- Definition of inventory
- Importance of inventory and warehousing
- Warehouse location
- Types of warehouses
- Strategic warehousing
- Distribution centers and cross docking
- Role of the Warehousing and Inventory Manager
Module II: Warehouse Operations
- Warehouse functions – Receipt, inspection, storage and retrieval
- Warehouse design and layout
- Packaging and shipping
- Safety and security in warehousing
- Legal and regulatory compliance
- Scrap disposal
Module III: Materials Handling
- Principles of Material Handling
- Material handling equipment
- Unitization and Palletization
- Automation in warehousing – Pick-to-light, Put-to-Light, use of robots
- Modern storage systems
Module IV: Inventory Management
- Types of Inventory
- Costs Associated with Inventory
- Economic Order Quantity (EOQ)
- Limitations of the EOQ approach
- Selective Inventory Control Techniques like ABC, VED, FSN etc.
- Vendor Managed Inventories
Module V: Managing Uncertainties
- Uncertainties associated with Inventory
- Lead Time – Internal and External
- Service Level
- Re-order level
- Buffer stock
- Replenishment systems – P system, Q system etc.
Module VI: Managing Inventory Records
- Inventory record keeping
- Stock counting methods
- Managing discrepancies and surplus
- Managing obsolescence
- Inventory valuation – FIFO, LIFO, Weighted average etc.
Module VII: Managing Warehouse Performance
- Measuring warehouse performance – key metrics
- Managing outsourced warehouses
- Warehouse Management System
- Warehouse communications
- Risk Management in warehousing
Module VIII: Sustainability in Warehousing
- Sustainability – The Triple Bottom line
- Sustainable warehouse practices
- Health, Safety and Environment
- Energy efficiency
- Reverse logistics
Dr. Sathya Menon is a trailblazer in logistics and supply chain education in the Middle East. He has 25 years of experience (including consulting and training) in the field of Logistics, Supply Chain Management and Purchasing. He has worked with various MNCs like Ericsson, Compaq and large conglomerates like Samtel, Al Futtaim helping them to expand their Supply Chain operations. He have trained more than 25,000 professionals in the field of Logistics, Procurement and Supply Chain.
- PhD in Logistics and Supply Chain Management
- MBA in Supply Chain Management
- MBA in Materials Management
- MCIPS from Chartered Institute of Purchasing and Supply (CIPS), UK
- Certified SAP Consultant for Supply Chain Management from SAP, Germany
- FCMI from Chartered Management Institute (CMI), UK
- Certified Purchase Manager (CPM) from Institute of Supply Chain Management (ISM) , USA
- Certified International Supply Chain Manager (CISCM) from International Purchasing and Supply Chain Management Institute (IPSCMI), USA
- Certified International Commercial Contracts Manager (CICCM) from from International Purchasing and Supply Chain Management Institute (IPSCMI), USA
- Certified International Professional Training Consultant (CIPTC) from American Certification Institute (ACI), USA
- Certified Professional Purchasing Manager (CPPM) from American Purchasing Society (APS), USA
- Certified Purchasing Professional (CPP) from American Purchasing Society