This course offers a course of Warehouse Management, Performance Measures, Inventory Control, and Best practices for Dealing With Suppliers, to all those who wish to acquire great skills in managing stores and warehouses and learn about the standards used in performance within warehouses and stores.
Inventory is done by standing on the existence of stocks physically or value, where work is done to count those stocks of goods, materials, supplies and products, with the aim of determining their quantities and evaluating those stocks so that they are at purchase cost or production costs, and those stocks are subject to re-evaluation on the inventory date and have a provision when noticing any deterioration in their value, as Inventory control is defined as all processes of supervising the supply of goods and working on their storage and accessibility in order to ensure that there is sufficient supply without any excessive supply and supply.
Course Objectives
By the end of the course, participants will be able to:
Who Should Attend?
Managers of institutions and companies.
Workers in the field of warehouse and store management.
Managers and warehouse keepers in companies.
Businessmen who want to develop their skills in warehouse management.
Anyone who wants to acquire skills in monitoring warehouse work and carrying out inventory operations efficiently.
Students and graduates of business administration colleges in various universities.
Knowledge and Benefits:
After completing the program, participants will be able to master the following:
Identify the various types of inventory used in establishments and their branches.
Work on issuing reports on inventory operations that are excessive or incomplete in order to know the differences in quantities between the results of the actual inventory.
Carry out inventory operations in each period, whether monthly, quarterly or annual.
Experience in the field of knowing the storage periods of assets according to their need and calculating them well.
Scientific and practical foundations for warehouse management.
Skills in planning, organizing and following up on purchasing and storage operations in a way that achieves cost reduction and speed of meeting needs.
Inventory planning operations and organizing warehouse work and its storage control.
Refine and develop the capabilities and skills of participants in the field of inventory and stagnant stock.
The ability to monitor supplies and prepare supplier reports.
Course Outline
Introduction to Warehouse Management
Definition and Importance of Warehouse Management
Role of Warehouses in the Supply Chain
Common Challenges in Warehouse Management
Warehouse Design
Principles of Warehouse Design
How to Plan and Use Space Efficiently
Workflow in the Warehouse
Modern Warehouse Technologies
Types of Warehouse Systems (Vertical Storage, Dynamic Storage)
Choosing the Right Warehouse System
Innovations in Warehouse Technologies
Inventory Management System
Definition of Inventory Management Systems
How to Choose the Right System for the Organization
Benefits of Using Technology in Warehouse Management
Inventory Performance Metrics (KPIs)
Definition of Important Performance Metrics
How to Measure the Effectiveness of Inventory Management
Examples of Performance Metrics (e.g. Turnover, Stock Level)
Inventory Optimization Strategies
Strategies to Reduce Costs and Increase Efficiency
Excess and Shortage Inventory Analysis
How to Implement Sustainable Improvements
Planning and Demand Tools
Demand Forecasting Techniques
How to Use Data to Improve Forecasting
Software Tools to Support Planning
Managing Supplier Relationships
The Importance of Supplier Relationships in Inventory Management
How to Evaluate Supplier Performance
Strategies for Building Successful Partnerships with Suppliers
Negotiating with Suppliers
Negotiation Skills in Business Relationships
Strategies for Getting the Best Offers
Managing Disputes with Suppliers
Innovation in the Supply Chain
Latest Trends in Warehouse Management
Impact of Modern Technology (e.g. Internet of Things, Artificial Intelligence)
Sustainability in Warehouse Management
The Importance of Sustainability in Inventory Management
How to Implement Sustainability Practices in Warehouses