Store and Inventory Management
Master Store and Inventory Management: Advanced Training in Warehousing, Logistics, and Financial Aspects
INTRODUCTION
Store and Inventory Management is a major task. Only the process makes the customer, retains the customer, and makes 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 strategic approach that we can learn through this training to enhance customer satisfaction and have significant cost-saving for the organization.
A 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, advanced, and global practice. At the warehouse Inventory turnover with lean and agile methods earmark colossal money.
Transportation a Logistics integral part direct affects customer satisfaction and cost reduction. This part ensures the right time, right delivery, and 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 studies, examples, and videos. It is also carrying an understanding of demand planning & forecasting: Operational Excellence and its optimization.
COURSE OBJECTIVE
This course aims to provide participants with a clear understanding of:
Understanding of Store & its Role
- To develop the capacity to manage the Store and Inventory. And to understand the actual store role and its efficient process. And having a technical understanding of the storing and storage process.
Inventory Control
- Inventory is cash for the company and having complete control over Inventory release cash for the company. It gives understating of Inventory and having control over it. Understanding of Inventory Analysis.
Warehousing real aspects
- Complete understanding of FG (Finish goods) storage, Process, and its Method
Inventory and its Financial Aspects
- To understand the financial aspects of Inventory and storage and manage the same through proven methods.
LEARNING OUTCOMES:
By the end of the program participants will be able to:
- Develop store, process, and Inventory strategies providing the best fit to Inventory Control Method.
- Apply scientific method systematic process and method of store and warehousing.
- Develop and review Inventory through analytical methods.
- Understand how to apply sustainable store and warehousing principles and policies
- Conduct cycle count and other physical inventory control methods to ensure Inventory Accuracy.
- Understand the technical aspects of Inventory
- Understand the financial aspects of Inventory and application to ensure cost savings.
- Conduct efficient Inventory risk analysis
- Execute effective and efficient process development and Inventory management processes
- Inventory Visibility and velocity.
- Apply the principles of HSSE for store and warehouse upkeeping.
- Support cross-functional team.
COURSE CONTENT:
- Store and its meaning, types, and Purposes
- Warehouse Meaning, Purpose, and Types
- Store/Warehouse and Inventory
- Inventory Meaning, Purpose, Classification
- Inventory Transformation
- Inventory Flow
- Inventory level Fixation
- Inventory Control and its method
- Inventory Valuation
- Inventory Accuracy
- Inventory and Information Technology
- Store/Warehouse and HSSE.
- OTIF (On Time in Full)
- Demand Planning Forecasting and Inventory Impact.
TARGET AUDIENCE:
This course is designed for store/warehouse officers or those in functions that include close interaction with Store and Warehouse staff seeking advanced training in Store/Warehouse and Inventory Control and its strategy, And in-depth knowledge.
HOW DO WE DELIVER?
Frontline believes in training for transformation and its methodologies change with the change in corporate culture.
- Participatory-led oral presentation
- Activity-based learning
- Case-study and analysis
- Demonstrations and practice exercises
About Trainer:
Mr. Anuj Kumar Gehlot
Mr. Gehlot has 18 years of Experience end to an end Supply Chain professionals. MBA (MM)Black Belt, Green Belt, ISO9901, PPC, currently he is working as a Head of Supply Chain in Mrs. Bectors Food Specialities Ltd.(Cremica and English Oven) and also worked as a Deputy General Manager- Supply Chain at Vishal Group.
INVESTMENT:
8,500+VAT
VENUE:
Siddhartha Cottage Tinkune
FOR MORE DETAILS
Contact No: +977-9801898004 (WhatsApp)
Email: training@frontline.com.np
URL: www.frontline.com.np