Master Logistic & Supply Chain Management: Boost Efficiency & Save Costs

Logistics & Supply Chain Management is crucial for a manufacturing unit. Once we acquire the material, Inventory management is a major task. It is only the process that makes the customer, retain the customer, and make the customer happy. We can save huge costs through Inventory Management, and Inventory has always been the biggest concern for the world for customer satisfaction and cost reduction. Inventory Management is a very technical and strategical approach that we can learn through this training and we can enhance customer satisfaction and have significant cost-saving for the organization.
Warehouse or DC is a place for Inventory parking and Inventory movement So there has always been a need to run a warehouse with the best fit, advance, and global practice. At warehouse Inventory turn over with lean and agile methods earmark huge money.

Transportation a Logistics integral part direct affects customer satisfaction and cost reduction. This part ensures the right time, right delivery, right quantity in the right quality. So, on the one hand, it supports procurement and other hand Inventory Management.

Training includes end to end advanced Logistics, Inventory control, and warehousing system through case study, examples, and videos. It is also carrying an understanding of demand planning & forecasting. Operational Excellence and its optimization.

BENEFITS

• It will give a springboard to your career.
• It will give your organization effective, efficient operational excellence.
• As a knowledge, it will take you to global supply chain practice. And it will bring organization to a benchmark level of supply chain

LEARNING GOALS

DAY 1 – Review of  logistics & Inventory 

• Training Objective & Career Enhancement
• What is the store?
• What is the warehouse?
• Inventory flow in Store & Warehouse?
• Why Inventory is required?
• Why Inventory is so important to the Organization?
• How does Inventory Get transform in a different form?
• Day Q and A 15 minutes

DAY 2 – Managing Inventory       

• Inventory Life cycle
• Type of Inventory
• Inventory Classification
• Inventory Time value
• Inventory Control Method and  its importance
• Inventory Level Function (Safety Stock, Re-order Level, Min Level, Max level)
• Day Qand A 15 minutes

DAY3 – Inventory Control best practice method  Inventory Accuracy

• Inventory Movement Method
• Inventory Accounting and Valuation
• Reason For High Inventory
• Stock Reconciliation

Demand Planning, Forecasting and its Impact on Inventory            

• What is Demand Planning & Plan The Demand
• Forecasting Process
• Forecasting Method & Forecast Accuracy
• Production, Marketing, Sales, Operation and Supply Chain  process functional role and Inventory
• Inventory and Role of S&OP

DAY 4- Logistics

• Logistics Introduction

Warehouse and advance method to Run & Control          

• Warehouse Capacity Forecasting and Planning
• WMS and its type
• Warehouse layout and its design
• Inventory and warehouse space utilization
• Warehouse and advanced racking system

Transportation

• Transportation in Supply Chain

Contract Management

• What is 3 PL/ 4 PL

Inventory & IT

• Inventory and Information Technology
• Q/A Hour: Question and Answers

TRAINING DETAILS:

Date: 26th  November 2021
Venue: Zoom (Live session)
Duration: 10 hours
(Inhouse and Customized sessions are available)

FOR QUERIES:

Ms. Sapana Baduwal
Business Development Executive
Frontline Consult Pvt. Ltd. (A developing partner of FROXJOB)
Contact Number: 9801898004,
Email: training@frontline.com.np