TRAINING COURSES

Effective Supply Chain, Warehouse and Inventory Management

Start Date: 21 Jul 2019
End Date: 25 Jul 2019
Duration: 5
Fees:
Country: Dubai / UAE
Category: Project & Contracting & Law
Details:

INTRODUCTION

In todays competitive environment, the best supply chain will win. The chain that offers the highest value to its customers at the most efficient cost will have the competitive advantage. This requires an in depth understanding of the individual Supply Chain elements, key optimisation and efficiency for each and ensuring that there are robust links between each element and inventory management so that they integrate seamlessly and efficiently to deliver optimal cost and fulfill the organizations promise of value. In this programme you will study:

         The various processes in the Supply Chain

         The structure of a Supply Chain

         What makes a Supply Chain successful?

         The role of inventory and effective Warehouse management in the Supply Chain

         Achieving maximum performance in inventory control

         Understanding and implementing the skills needed for managing and controlling warehouses and inventory in the supply chain

WHO SHOULD ATTEND?

         Professionals involved in supply chain decisions

         People responsible for the planning, execution and control of a supply chain at both warehouse, logistics and inventory levels

         Stakeholders in the supply chain who have a responsibility for warehouse and inventory mangement

PROGRAMME OBJECTIVES

         To define and understand the concept of a Supply Chain

         The role of inventory in the Supply Chain

         Critically determine the optimal amount of inventory required

         Determining the optimal inventory solutions both in house and vendor led

         Implement creative ways of reducing working capital

         Understand the key concepts of inventorycontrol

         Understand and implement essential tools for managing warehouses and invetory in the wider supply chain

TRAINING METHODOLOGY

Participants will learn by active participation throughout the training session through the use of programme materials, exercises, questionnaires, training videos and discussion of "real life issues in their organisations.

PROGRAMME SUMMARY

This programme covers essential skills that are necessary to plan, execute and control the Supply Chain.  The Warehouse and Inventory within it. The programme begins with the concept of a Supply Chain and will discuss all the aspects relating to Supply Chain, Warehouse and Inventory Management.

PROGRAMME OUTLINE

DAY 1 -

THE FUNCTION OF SUPPLY CHAINS

         The concept of Supply Chain

         Key functions of a modern warehouse

         Streamlining the flow of material

         Utilizing warehouse management systems

         Measuring warehouse performance

         Effective utilization of bar coding

         Employing the latest technology

DAY 2 -

SUPPLY CHAIN OPTIMISATION

         Setting up the infrastructure

         Manufacturers

         Warehouses

         Transportation

         Retailers

         Advance Planning and Optimisation

         Catalogue methodologies within Warehouse

         Inventory decisions in Supply Chain

         Forrester effect and Inventory management model

DAY 3 -

SUPPLY CHAIN SIMULATION

         Day three will comprise of a Supply Chain simulation demonstrating the interaction between the different entities in the chain. Participants will get the opportunity to experience first-hand the working (or not!) of a supply chain

         On completion, an analysis will be done of lessons learnt

DAY 4 -

INVENTORY DECISIONS IN SUPPLY CHAIN

         Effect of lead time on the forecasting process

         Utilizing consignment inventory

         Methods of reducing stock levels

         Moving to supplier managed inventory

         Lessons from the Japanese-just in time inventory and Kaizen

         Reducing excess and obsolete inventory

         Measuring inventory management performance

         Making plans for improvement

DAY 5 -

LINKING THE SUPPLY CHAIN PROCESSES

         Procurement

         Operations

         Warehousing & Distribution

         Transportation

         Return/recycling

 
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