Warehouse management - free course from the Russian School of Management, training, date: December 5, 2023.
Miscellaneous / / December 05, 2023
How to rationally use the available space and organize the work of employees? How to reduce warehousing costs? How to negotiate with suppliers? Teachers of the “Warehouse Management” course will tell training participants how to bring order to a warehouse, share knowledge and tools for organizing warehouse work. At the seminars, you will learn how to classify and manage inventory, as well as reduce storage costs.
Ph.D., business consultant in the field of strategic management, expert in production and logistics. Author of educational programs. Has a number of scientific works.
Inventory management in the enterprise logistics system
• What is inventory management and what is inventory?
• Without what is inventory management in an enterprise impossible?
• Cost structure for inventory management. Accounting for the cost of maintaining inventory as the basis for calculating the total costs associated with procurement. Calculation and management of inventory maintenance costs: methods and examples.
• Determining the required volume of working capital to ensure stable purchasing activities. Methodology for planning the need for working capital for purchasing activities, sources of covering the need for working capital.
• Basic KPIs for inventory management of a trading and manufacturing-trading enterprise: turnover inventory, inventory profitability, inventory level to meet current demand, level service. Interrelation and management of indicators.
• The purpose of creating a stock, types of stocks, approaches to stock management.
• Unliquid assets included in inventory. What is considered illiquid? What to do with illiquid assets?
• ABC and XYZ analysis of reserves. Classification of inventories and formation of an approach to inventory management based on the results of ABC and XYZ analysis. The ABC-XYZ matrix is like a “mirror” of an enterprise’s reserves. An example of analysis using EXCEL.
• Inventory parameters necessary for effective inventory management: demand, order size, costs inventory management, maximum desired stock level, order lead time, insurance level stock. What does a logistician and buyer need to know to manage inventory?
• Relationship between costs and order size. The concept of optimal order size.
• Demand forecasting as the basis for inventory planning. A roadmap for successful demand forecasting. Demand forecasting methods. Measuring forecast accuracy. Selecting the most suitable method for forecasting.
• Safety stock: all types of calculation.
• Order lead time. Concept and structure of the purchasing cycle.
• Order point, as the main element of inventory management and maintaining an optimal level of inventory to meet the demand of the enterprise's consumers.
• Inventory management models and systems.
Enterprise warehouse management: optimization, technological processes and automation
• Clean up your warehouse! Algorithm for solving problems and increasing warehouse efficiency.
• What determines the performance of a warehouse. The main task of the warehouse and the main task of the warehouse manager.
• Types of warehouse equipment and warehouse equipment. Characteristics and recommendations for use.
• Containers and packaging for storing and transporting cargo. Characteristics and recommendations for use.
• Cargo markings, seals and indicators. Characteristics and recommendations for use.
• Warehouse process diagram. What does the general logistics and technological process of a warehouse look like?
• Basic technological processes of the warehouse: acceptance, placement, storage, replenishment, picking, shipping, cross-docking. A modern approach to the formation of processes, descriptions, regulations, tips and recommendations for practical application, examples of processes and regulations.
• Warehouse support processes that improve the efficiency of warehouse resources, add value and provide high level of service for the company’s clients: inventory, sorting, compression, consolidation, picking, labeling, packaging and etc.
• Addressed storage system in the warehouse. Formation, rules, logic, characteristics and recommendations. Examples of practical application.
• Warehouse topology.
• Information support and automation of the warehouse technological process using a warehouse management system (WMS).
Warehouse management in an enterprise logistics system
• Standard procedures for organizing the internal work of the warehouse.
• Organization of labor in the warehouse.
• Division of labor in the warehouse.
• Labor cooperation in the warehouse.
• Standardization of warehouse operations.
• Calculation of the number of personnel in the warehouse.
• Organizational structure of warehouse management. An approach to the formation and examples of the organizational structure of a warehouse.
• Strategic issues in organizing warehouse operations.
• What is more profitable: renting a warehouse, using the services of logistics intermediaries, or having your own?
• Determining the location of the warehouse in the serviced area.
• Calculation of equipment requirements.
• Determining the parameters of the area for receiving and unloading transport at the warehouse.
• Zoning and layout of the warehouse.
• Warehouse safety rules.
• Management of warehouse resources (space, machinery, equipment, personnel) using a warehouse management system (WMS).
• Motivating warehouse staff. Methods and options.
• Key indicators of warehouse performance. Workshop: “Calculation of key warehouse indicators”
• Warehouse document flow. List of documents.
• Optimization of warehouse operations.