The cost of operating a warehouse continues to rise. Stock accuracy and availability will boost production performance, customers’ trust and as well as company profitability. Businesses have been put under pressure to ensure the costs for warehouse operations are not overwhelming. However, stockout situations must be avoided. Keeping unnecessary stock is not good for the company financial performance also.
This training has been specially designed to develop the skills with regard to an effective inventory control. The participants will be also exposed to the relevant tools to manage storage and inventory level and to prevent future stock variances.
The participants will be also exposed to the method to align inventory control activities with major management systems such as ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018.
[02] COURSE OBJECTIVES
• To develop the skills to use ABC Analysis to manage inventory.
• To be able to design and manage inventory coding system
• To be able to design, implement and improve inventory reduction program
• To develop individual skills to determine safety stock and right stock level
• To understand issues in material demand and forecasting
• To understand the tools to manage space issues
• To develop the skills to manage stock count and inventory accuracy
• To understand the issues in warehouse security
• To be able to conform inventory control activities with major management systems such as ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018
[03] METHODOLOGY
This training program uses adult learning methods such as lectures, group discussion, Power Point presentations and games. Participants will spend half of the time in individual or group activities that allow them to develop basic understanding of warehouse management and inventory control and the essential skills for establishing, implementing and maintaining an effective warehouse management and inventory control program at workplace and for self-managing inventory issues. The trainer will share his knowledge and actual experience and will draw real examples from the actual industry setting to reinforce learning.
[04] WHO SHOULD ATTEND
The target groups for this program are Managers / Executives / Non-Executives in Supply Chain Management, Procurement, Production Planning and Control, Store and Warehousing, Logistics, Finance and Production.
[05] DATE, TIME & FEE
Date: 19 - 21 July 2022 (Tue - Thu)
Time: 9.00am - 5.00pm
Mode: Online / Interactive
[HRDF Claimable]
- Early Bird Offer (before 1 Jul 2022) - RM 1,280
- Special Offer (before 15 Jul 2022) - RM 1,360
- Normal Fee - RM 1,440
Fee includes Course Notes & Certificate of Completion and 6% Service Tax
** OFFER **
- 10% Cashback for SST2u Learner Card+ (SLC+) members. T&Cs applied.
[06] COURSE OUTLINE
FIRST DAY
09:00 Registration
09:30 Introduction and Ice Breaking
Pre Test
- Roles of Warehouse and Trends Affecting Stock Challenges Often Faced by a Warehouse Manager
- Effects When Logistics is not Integrated
- 12 Reasons Why Stock is Kept
11:00 Bio Break
11:20 Organization in Materials Management and 9 Attributes of an Effective Supervisor
Different Types of Decision in Materials Management Designing Inventory Coding System
Using ABC Analysis in Inventory and Stock Control Policy
13:00 Lunch
14.00 Basics of Warehouse Process
Designing a Stock Reduction Program
14:30 Just in Time Inventory
Determining Safety Stock
15:10 Tea Break
15:30 What is the Right Stock Level?
17:00 End of Day One
SECOND DAY
09:30 Review of Previous Topics Lead Time Issues
10:40 Tea Break
11:00 Demand and Forecasting
Receiving, Storage and Picking
Shipping and Issuing
13:00 Lunch
14:00 Emergency Preparedness and Response for Warehouse When Space isn’t Enough
Managing Stock Count 15:10 Tea Break
15:30 Managing Inventory Accuracy Choosing the Best Supplier
17:00 End of Day Two
THIRD DAY
09:30 Review of Previous Topics
Physical Aspects of Material Management
10:40 Tea Break
11:00 3P of Loss Prevention
Monitoring Performance
13:00 Lunch
14:00 Warehouse and Inventory Management in Major Management Systems
15:10 Tea Break
15:30 Post Test
Conclusion
17:00 End of Day Three
[07] SPEAKER PROFILE
HISHAMUDDIN ABDUL HALIM
HRDF Certified Trainer
Hishamuddin Abdul Halim is the former Head of Occupational Safety and Health Section at the University of Malaya. Prior to joining the University of Malaya, he served in the manufacturing sector. His work experience covered production, quality control, logistics and warehouse, supply chain management and QSHE.
He has more than 25 years of experience in establishing, implementing, maintaining and improving various management systems such as ISO9001, ISO 45001, ISO14001, C-TPAT, BCM and so on. He was actively involved in the development, review of documents and as well as auditing for those management systems. He was also actively involved in the implementation of various 6δ and innovation projects at the organizational level. Hishamuddin Abdul Halim holds a Bachelor of Management (Hons) degree from Multimedia University and has passed the Safety and Health Officer exam with NIOSH. He is also a PSMB trainer, Ministry of Human Resources (TTT / 2448). He was trained by Emory University in BSL-3 and as well as attended IRCA lead auditor training program organized by Neville Clarke. In the field of training, he actively designs and delivers training programs and talks in various sub-fields such as QSHE, BCM, emergency preparedness and response, store management and inventory, security, administration, and etc.
He has trained staffs or delivered talks for HG Power Transmission, IAC Electricals, Gamlite IT, Uganda National Roads Authority (UNRA), University of Malaya, LASAM, Singapore Institution of Safety Officers, Latexx Manufacturing, FGV, Tradewinds Plantations, Malaysian Society of Occupational Safety and Health (MSOSH) and etc. He is a major contributor to the topic of occupational safety and health and as well as environmental management and animal facilities in the Panduan Penjagaan dan Penggunaan Haiwan Makmal (2017) published by Penerbit Universiti Malaya.
[08] ENQUIRY & REGISTRATION
Enquiry: yes@sst2u.com
Contact:
- General (03 - 5888 7357)
- Teo (011 - 3178 9203)
- Logesh (012 - 503 0346)
- Siti (012 - 383 8603)
- Han (019 - 323 0507)