Duration
Store/Warehouse Operations & Management and Bonded warehouse
2 days
Objectives
Store/Warehouse operations play a critical role in the profitability and success of every business. The way the warehouse operations are managed and run will impart greatly on the company’s bottom – line.
Today’s store/warehouse personnel face major problems in implementing up-to-date methods. They need to be updated on the latest tools and techniques to cost effectively manage the day-to-day operations of the store/warehouse. The need to adopt and install systematic and updated approach to warehouse operations is of the crucial importance.
The objective of this two-day programme is to highlight on how store and warehouse personnel can help the company to increase productivity and to prevent losses. Participants will be taught techniques for stock controls. Materials handlings, layouts, work study, good house-keeping of store function and get a thorough grasp of the safety & security features in a store/warehouse.
This programme also covers BONDED WAREHOUSE Operations. Participants will have a better understanding the restrictions and special care needed in in operating Bonded warehouse compared to a non-Bonded warehouse
This course will aim to do just that. It will provide all warehouse operators with in-depth knowledge on how to be more efficient, improve productivity and ultimately to manage the stores/warehouse operations profitably. The course will also help to identify inefficiencies in existing layouts and show how space economics can be achieved.
Benefits attending the course
- Understand the Roles and Responsibilities of Store/Warehouse Operation and Management
- Use of Information Technology in Store/Warehousing Operation
- Understand the importance safety and security in Store/Warehouse Operation
- Able to increase Store/Warehouse Productivity and Contribution
Who Should Attend
- All Stores/Warehouse professional and those in related jobs who need to have a better understanding of Store/warehouse Operation and Management.
- Store/Warehouse managers/executives
- Distribution Managers/Executives
- Inventory Managers/Executives
- Materials Analyst
- Purchasing Managers/Executives/Supervisors
- Production Planners
- Administrative Executives/supervisors
- Accounts Executives
Course Content
- Roles and Responsibilities of Store /Warehouse as a vital part of Business Management
Purpose
- Reasons for warehousing & Why we need to keep stock?
- Roles and responsibilities
- Primary objectives
- Economic performance of stock holding
- Warehouse Operations & Management
- Warehouse Operations Flow
- Planning for goods inward
- Cross docking & Conditions required
- Put away
- Planning for goods outward
- Order picking & Methods of picking
- Warehouse Management
- Classification on Inventories
- Production Inventories
- WIP (Work-in-Progress)
- Finished goods
- MRO inventories
- ABC analysis
- Receipts and Inspection
- Receiving procedures for local and imported items and documentation
- Inspection procedures and documentation
- Responsibilities and Authority to RECEIVE
- Layouts and Stock Location
- Planning an effective layout
- Stock location system
- FIFO/FEFO
- Fixed & Random location system
- Advantages & Disadvantages of both systems
- FSN system
- XYZ system
- VED system
- Issues and Dispatch
Objectives
- Documents and Authorization of issues
- Methods of issues and documentation
- Stock Taking & Checking
- Why we need to take stock?
- Benefits of stock taking
- Types of stock taking
- Perpetual /Cyclic
- Periodic
- Stock discrepancies
- Physical stock failure
- Causes of inaccuracies in physical count
- Errors in paper work
- Causes of inaccuracies in records
- Other types of errors
- Impact of stock inaccuracies
- Tolerance Rate
- Inventory Holding Costs
- Inventory Turnover
- ROI Contribution
- Good house keeping
- 5S
- What is it?
- What’s it for?
- How does it work?
- When do you use it?
- What’s an example?
- Bonded Warehouse
- What is Bonded Warehouse
- What is the difference between Bonded warehouse and Non-Bonded warehouse
- What are the benefits of Bonded warehouse
- Easy international shipping
- Long term storage option
- Around the clock to store goods
- Customer service improvement
- Helps to save cost
- What is Bonded container
- Who operates Bonded warehouse
- What can be stored in Bonded warehouse
- Common Bonded warehouse Inventories
- Why Bonded warehouse is important for importer
- How long can good be stored in Bonded warehouse
- What are features of a Bonded warehouse
- Case Study & Group Discussions
Programme scope, delivery arrangements and suitability are confirmed during enquiry.