Applied Logistics Management
15-07-2024 - 19-07-2024 | 3300 | Dubai |
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Applying Logistics Management in real life entails: evaluating procedures, eliminating wasteful activities/costs, avoiding those internal problems that limit performance, change and improve working methods, obtaining added value for money and improving customer service.
Warehouses and stores are often under-rated operations in organizations, yet they are essential in providing customer service and knowledge of Inventory Management is critical for the effective management of procurement and the supply chain; however it is commonly not understood. Therefore too high levels of inventory are held with attendant increases to costs, product obsolescence etc.
This course aims to show how to implement all the essential tools for the effective management of warehousing and stores and inventory. It provides the practical skills to take back to the workplace so that all those internal problems that limit performance are avoided. Delegates will be able to understand and implement the ‘world-class’ tools for managing warehouse and stores and inventory.
Warehouse, Stores and Stock Control Management
The Role of the Warehouse
An introduction to why need a warehouse, what functions do they cover, how do they fit into the supply chain including:
Product Classification
It is important to establish key characteristics of the products handled as this have implications for all the warehouse operations. Such characteristics include:
Layout Options
In examining all the operations undertaken, the balance has to be found between maximizing space usage whilst minimizing the time taken to carry out the operations. This involves looking at:
Methods and Equipment
Here we specifically look at the lifting, storing and moving equipment available for specific layout options, including:
Health and Safety
Warehouses are potentially dangerous areas in which to work and an overview of the appropriate legalization will be looked at including:
Security and Loss
This session looks at minimizing internal and external theft, recognizing that, generally internal theft is the major problem. Preventive measures will be briefly discussed.
Productivity and Costs
To make operations and effective, then cost control and productivity need to be managed. This session will therefore look at:
Service Levels
As warehouses are a link in the total process of satisfying customers, this session will therefore look at:
Inventory Management Techniques
Inventory in the Supply Chain
An introduction to the driving forces that determine how much and where stock is held in the supply/demand chain
Product Classification
To control costs, stocks and service levels effectively there is much information to collate. Therefore we will examine:
How much stock should be held?
Deciding how much stock to hold depends on the dynamic relationships of many variables. These are fully examined so that optimum decisions can be made:
Replenishment Methods for Independent Demand
Other Replenishment Methods
Demand Forecasting
Stock Coding
The method by which stock is coded is important in the overall management process, this session will examine:
Stock recording
This session looks at stock recording, a critical aspect of stock control and if done incorrectly is the source of many subsequent errors:
Stock Checking
Much time can be spent on this activity, but there are methods to both minimize the time and at the same time increase checking accuracy. This session examines such aspects:
Model for Planning Inventory
We summarize the course with an easy to understand checklists to enable practical applications in the work place:
A variety of methodologies will be used during the course that includes:
· (30%) Based on Case Studies
· (30%) Techniques
· (30%) Role Play
· (10%) Concepts
· Pre-test and Post-test
· Variety of Learning Methods
· Lectures
· Case Studies and Self Questionaires
· Group Work
· Discussion
· Presentation
This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.
Daily Course Timings:
08:00 - 08:20 Morning Coffee / Tea
08:20 - 10:00 First Session
10:00 - 10:20 Coffee / Tea / Snacks
10:20 - 12:20 Second Session
12:20 - 13:30 Lunch Break & Prayer Break
13:30 - 15:00 Last Session