Stores and Inventory Control Management

Course Outline
Course Title: Stores and Inventory Control Management
Course Preamble.
Inventories can reach many millions of dollars. You need a good warehouse to store, keep and protect all
those millions of dollars. In this course, we will discuss the best and the latest methods to store and protect
high value inventories. We will also discuss the best characteristics of a modern warehouse. Knowing what
you have and how much you have are the keys to proper warehousing management. We will explore the
various methods to achieve record accuracy and successful cycle counting. A scientific method of auditing the
warehouse will be applied.
Course Methodology
This course uses a mixture of interactive learning tools such as videos, questionnaires, case studies, team
exercises, individual exercises and group discussions.
Course Objectives
By the end of the course, participants will be able to:
✓ Explain the challenges, objectives and functions of warehousing
✓ Perform ABC inventory classification and cycle counting and calculate record accuracy and
discrepancies
✓ Identify the different types of storage and material handling systems
✓ Improve supervisory skills and deal more effectively with warehouse staff issues
✓ Develop better skills for housekeeping and safety within the warehouse
✓ Measure warehouse productivity using the right KPIs and conduct a scientific audit of the warehouse
Target Audience
Those involved in warehousing (store) activities, both at the operational and supervisory levels. The course is
also appropriate for anyone interested to know more about the interaction between warehousing and other
materials management functions (purchasing, inventory control and distribution).
Training Modules.
Introduction to warehousing management
✓ Objectives of warehousing
✓ The modern warehouse
✓ The warehousing cycle
✓ Problems and challenges in warehousing
✓ Warehousing and inventory costs
✓ Customer service in warehousing
Inventory classification and record accuracy
✓ Types of inventory
✓ The ABC classification
✓ Uses of the ABC classification
✓ Inventory record accuracy ü Reasons for poor accuracy ü Periodic and cycle counting
✓ Systems and methodology of counting
✓ Knowing what is inside the warehouse
✓ Knowing how much is inside the warehouse
Storage and material handling systems
✓ Layout of the warehouse
✓ Size and shape of the warehouse
✓ Storage utilization and organization
✓ Types of storage systems
✓ Fixed versus random location
✓ Material handling equipment
✓ Material handling equipment checklist
✓ Improving the receiving/issuing material operations
Dealing with staff related warehousing issues
✓ Key roles of the warehouse manager Staff management issues
✓ Corrective guidance techniques Qualities of a good warehouse employee Motivation of warehouse
employees
Safety in the warehouse
✓ Good housekeeping inside the warehouse Identifying safety hazards
✓ Unsafe acts and conditions Causes of damage Planning for safety
Productivity and audit of a warehouse
✓ Definition of productivity Causes of lost time
✓ Warehousing key performance indicators Objectives of the warehouse audit Components of the audit
✓ Steps to follow before, during and after the audit
Way forward After the Training
Participants will develop a work plan through the help of facilitators that stipulates application of skills
acquired in improving their organizations. ASPM will monitor implementation progress after the training.
Training Evaluation:
Participants will undertake a simple assessment before the training to gauge prior knowledge and skills and
another assessment will be done after the training in-order to demonstrate knowledge gained through the
training.