course | Certified Inventory and Warehouse Management: Strategy, Implementation & Control
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PSCO-654 | Certified Inventory and Warehouse Management: Strategy, Implementation & Control
Course Sector : Procurement & Supply Chain Operations
| Duration | Date from | Date to | Course Venue | Course fees | Book a course |
|---|---|---|---|---|---|
| 5 Days | 2025-06-23 | 2025-06-27 | Barcelona | $4,950 | Book now |
| 5 Days | 2025-10-06 | 2025-10-10 | Dubai | $4,250 | Book now |
| 5 Days | 2025-12-01 | 2025-12-05 | Dubai | $4,250 | Book now |
Course Introduction
In today’s business environment, inventory and warehouses can be the key link between success and positive cash flow or failure and overwhelming red ink. Despite every effort to eliminate warehousing and inventory within, warehousing will continue to play a critical role in assuring high level of customer service and overall logistics performance. Warehousing minimizes the effect of supply chain inefficiencies; improve logistics accuracy and inventory managements and allows results accumulations, consolidation and customization.
Warehouse operations
This training course is designed to provide participants with the relevant concepts on warehouse operations essential to fulfil clients’ requirements while utilizing area, system, and exertions efficiently, meeting this intention requires regular planning of inventory and warehouse management.
Course objective
- Gain a comprehensive understanding of the importance of inventory and warehousing
- Learn warehouse functions & design, and materials handling
- Know all aspects of Inventory management and manage Inventory records
- Learn & detect managing uncertainties
- Effectively manage warehouse performance
- Master sustainability in warehousing.
Course Outline | Day 01
INTRODUCTION TO WAREHOUSING AND INVENTORY
- Definition of inventory
- Importance of inventory and warehousing
- Warehouse location
- Types of warehouses
- Strategic warehousing
- Distribution centers and cross-docking
- Role of the Warehousing and Inventory Manager
- INVENTORY MANAGEMENT
- Types of Inventory
- Costs Associated with Inventory
- Economic Order Quantity (EOQ)
- Limitations of the EOQ approach
- Selective Inventory Control Techniques like ABC, VED, FSN etc.
- Vendor Managed Inventories
Course Outline | Day 02
MANAGING WAREHOUSE PERFORMANCE
- Measuring warehouse performance – key metrics
- Managing outsourced warehouses
- Warehouse Management System
- Warehouse communications
- UPC
- RFID
- Risk Management in warehousing
- IMPORTANCE OF INVENTORY MANAGEMENT
- Higher profits through reduced costs and increased sales
- Improved customer service
- Reduced inventory investment
- Increased productivity
- Inventory record accuracy
- TYPES OF INVENTORY MANAGEMENT STRATEGIES
- Just-in-time
- Material requirements planning
- Hybrid push–pull
- Supply chain management
Course Outline | Day 03
OBJECTIVES OF INVENTORY PLANNING
- Customer satisfaction
- Forecasting needs
- Controlling costs
- Successful storage
- OBJECTIVES OF INVENTORY CONTROL
- Protection against fluctuation in demand
- Better use of men, material and machines
- Protection against fluctuations in output
- Control of stock volume
- Control of stock distribution
Course Outline | Day 04
INVENTORY CONTROL TECHNIQUES
- Set par levels
- Use first-in, first-out
- Manage relationships
- Apply contingency planning
- Follow regular auditing
- Prioritise with ABC
- Advocate accurate forecasting
- Consider dropshipping
- MAJOR ACTIVITIES OF INVENTORY CONTROL
- Planning
- Procuring
- Receiving and inspecting
- Storing and issuing
- Recording
- Physical verification
- Follow-up
- Material standardisation and substitution
Course Outline | Day 05
STEPS IN INVENTORY CONTROL
- Deciding minimum and maximum inventory limits
- Determining re-order point
- Determining re-order quantity
- ABC analysis
- FACTORS INFLUENCING INVENTORY CONTROL
- Requirements
- Quantity in stock order
- Procurement time/Lead time
- Obsolescence
- Profitability
BOOST’s Professional Attendance Certificate “BPAC”
BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.
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