Advanced Freight Forwarding Techniques
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Advanced Freight Forwarding Techniques Course
Introduction:
Welcome to the Warehouse and Inventory Management training program, where we will explore the vital role of effective warehouse and inventory operations in driving organizational success. A well-managed warehouse and inventory system not only ensures superior customer service but also enhances overall productivity and organizational health.
In this course, we will delve into the essential components of successful warehouse and inventory management, equipping you with the knowledge and skills needed to optimize these critical areas. We will explore the intricate link between stock and various company operations and activities, recognizing the impact of inventory on customer satisfaction, operational efficiency, and financial performance.
Throughout the training, we will analyze key areas of warehouse operations to uncover opportunities for improvement. You will gain insights into warehouse layout optimization, efficient storage methods, and streamlined material flow. By understanding these key areas, you will be able to identify bottlenecks, eliminate inefficiencies, and enhance overall warehouse performance.
Additionally, we will focus on understanding and utilizing key performance indicators (KPIs) in warehouse and inventory management. You will learn how to identify and measure relevant metrics that provide insights into the performance of your operations. By effectively analyzing KPIs, you will be able to make data-driven decisions, track progress, and continuously improve your warehouse and inventory processes.
Success in improving warehouse and inventory operations is a primary objective of this training. You will learn practical strategies and best practices for enhancing productivity, reducing costs, and optimizing resource utilization. By implementing proven improvement methodologies, such as lean principles or Six Sigma, you will be able to identify and eliminate waste, improve process efficiency, and drive continuous improvement within your organization.
By the end of this training program, you will have the knowledge and tools necessary to establish effective warehouse and inventory operations that contribute to superior customer service and product availability. Whether you are a warehouse manager, inventory controller, or operations professional, this course will empower you to optimize your warehouse and inventory processes, increase operational efficiency, and achieve organizational success. Join us on this transformative journey to unlock the full potential of your warehouse and inventory management capabilities.
Course Objectives:
By the end of this program you will be able to:
- Learn the principles of Warehouse and Inventory Management for electronic equipment.
- Evaluate current procedures
- Examine operations and activities
- Analyze the key areas of operations
- Identify and Understand key performance indicators
- Succeed in improving operations
- Improve personal productivity
- Make needed changes to methods to improve customer service whilst achieving reductions in inventory
- Eliminate wasteful costs
- Avoid those internal problems that limit performance
- Obtain added value for money
- Understand and implement the essential tools for managing warehouses and inventory in the supply chain
Who Should Attend?
- This program is for all individuals who have a stake in the Supply Chain and all Logistics, Materials, Inventory, Stock, Warehouse and Distribution Professionals
- It will also help those who need to develop their limited understanding of Warehouse and Inventory management
- It will be especially helpful to all those who are looking to make business gains and benefits and to any owners, operators and directors of companies with warehouse and stores operations and who hold stock and inventory
Course Outlines:
The Role of the Warehouse
An introduction to why we need a warehouse, what functions do they cover, how do they fit into the supply chain including:
- The balance between sorting and storing
- 12 initial questions to ask about warehousing activity
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:
- Supply /demand variables
- ABC Analysis or the 80/20 rule
- Determining product handling groups
- Throughputs and product formats
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:
- Receiving options
- Storage options
- Picking/assembly options
- Dispatching options
- Using the floor and the height space Organizing for flow
Methods and Equipment
Here we specifically look at the lifting, storing and moving equipment available for specific layout options, including:
- Warehouse structures
- Loading bays
- Selecting fork lift trucks
- Selecting racking
- Implications for warehouse layouts
- Operational timings and planning
Health and Safety
Warehouses are potentially dangerous areas in which to work, and an overview of the appropriate legalization will be looked at, including:
- Duty of care
- Inspections and risk assessments-task analysis
- Equipment maintenance and care
- Raising peoples awareness
Security and Loss
This session looks at minimizing internal and external theft, recognizing that, generally internal theft is the major problem. Preventative measures will be briefly discussed.
Productivity and Costs
To make operations efficient and effective, then cost control and productivity need to be managed. This session will therefore look at:
- Fixed and variable cost
- Typical costs involved
- A model for understanding the roles of productivity, utilization, and performance
- Setting productivity and cost targets
- The importance of having measurements and key indications of performance
Service Levels
As Warehouses are a link in the total process of satisfying customers, this session will therefore look at:
- Internal and external customers
- The three key customer service measure
- Customer service sampling
- Effects of substandard service
- Minimizing errors
Stock Coding
The method by which stock is coded is important in the overall management process, this session will examine:
- Different methods
- Understanding of all involved
- Checklists to help on deciding the best option
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.