World class practices in Warehousing stores & Stock Management
Almost all organizations have stocks of one kind or another. Clearly any organization that can achieve the right levels of stock will reduce their costs and thereby increase profits. In order to do this organizations need to forecast how much stock is required and must also carry safety stocks to ensure no stock outs. As some stock are more important than others, the use of stock classification systems assist in determining priorities. Once stock is purchased it must be stored and managed utilizing several principles to ensure stocks are received, stored, issued and accounted for throughout the Inventory Life Cycle.
This Three-day course will help to understand how inventory and warehouse decisions impact the strategic planning and performance of the firm.
By the end of this course, Trainees will be able to:
Able to manage global supply chain activities in effective way.
Gain functional knowledge of production and inventory management
Use different methods of stock valuation to manage stocks and costs related to stocks
Recognise the need for forecasting in determining the right quantity
Apply different methods of reordering inventory
Recognize the need for safety stock and its impact on service level
Use stock classification and stock coding to monitor and control inventory levels and inventory costs
Recognise the principles of warehouse or stores location and layout whilst applying proper stock flow, rotation and recording.
Identify the modern warehouse activities; warehouse strategies; and changes in the operational scope and capabilities of warehouses; fundamental warehouse decisions; warehouse and materials handling operations; and the functionality and requirements of product packaging.
WHO SHOULD ATTEND?
All people involved in:
- Production and Inventory Management
- Warehouse Management
- Planning and Operations
- Sales and Marketing
- Supply Chain and Value Chain Management
- Contracts, Purchasing and Procurement
- Materials Management
- Logistics Management and Transportation Technology
The trainer will deploy a full range of lively and interactive training methods, including exercises, role plays, case studies, practice sessions and group discussions. Each topic will be underpinned by a presentation that highlights key issues to focus on. The learning experience will be supported by a reference manual containing examples of best practice. Participants will make presentations and receive personal feedback on their performance. Discussions will participants to share their own experiences with the rest of the group.
Eng. Ahmed Mousa has more than 13 years of experience working in Purchasing Management, Contract Administration, Logistics Operations, Production Planning and Quality Control in multi-national companies.
Eng. Mousa holds a Master of Business Administration (MBA) from Eslsca Business School, France with Major: Global Management. he became “Certified in production and Inventory management (CPIM) from APICS; one of the most respected Supply chain organizations worldwide. Also he holds APICS CSCP (Certified Supply Chain Professional), IPSCMI CIPM (Certified International Purchasing Manager) and ASQ CSSGB (Certified Six Sigma Green Belt).
In addition to the strong specialized academic background, he has a diverse on hands experience in all supply chain disciplines working with major corporations: ElSewedy Electrometer (Energy), Samsung Electronics Egypt (Electronics & Home Appliances), Nile University (Education).
He is well-versed with Contract Administration, Procurement, Production Planning and Inventory Management, Logistics Operations, Business Strategy, Quality Control, Six Sigma, Total Quality Management and Lean Manufacturing. He has successfully completed several mega projects in Egypt, the Middle East, and Africa by establishing and developing a supply chain network for the projects.
Since 2014, Eng. Mousa has started teaching APICS CSCP & CPIM which are the most widely recognized educational programs for operations and supply chain management professionals around the globe. Since then he taught in many different places in the Middle East. He is experienced in lecturing Supply Chain for all levels ranging from junior to managerial and executives positions.
Currently, he is dedicating effort and time to spread supply chain knowledge as he believes in the role of supply chain in developing the world and making it a better place for the next generations.
|World class practices in Warehousing stores & Stock Management
22 – 26 September
Supply Chain Management Overview
- Strategic, Tactical and Operational Supply Chain
- Supply chain Vs. Value Chain
- Uncertainty and Risk Factors
- Evolution of Supply Chain Management
- Key Issues in Supply Chain Management
- Understanding how efficient management and
control of a supply chain can gain competitive
- Impact of physical and information flows on
integration and harmonization
- Achieving supply chain planning from strategic
and operational perspective
- Impact of modern technology on supply chain
- CRM role in Supply Chain Management
- Production Planning
Inventory Management and Control
- Understanding the purpose of inventory
- The impact of inventory management on supply
- Inventory Management vs. Inventory Control
- Forecasting Principles and Techniques
- Stages of Inventory Control
- The Life Cycle of Inventory
- Demand Management
- Stock Replenishment Systems
- Stock Valuation Methods
- Inventory Positioning and Logistics Coordination
- Sales and Operations Planning and Process
- Collaborative Planning Forecasting and
Warehouse Management and Operations
- Understanding the need and role of developing
appropriate warehouse policy
- Resource requirements of warehousing
- Stores Warehousing Location and Layout
- Key warehousing activities
- Relevant legislation applicable to warehouse
- The importance of technological advancements
within a warehouse in supply chain
- Warehouse Management Using RFID
- Operations of warehouses
- Required equipment for warehouse operations
- Identifying the factors that affect the safe
operations of a warehouse
- Logistics aspects of warehousing
- The plan of the receipt and storage of goods