Warehouse Management Inventory Control Training Storekeeper 03035530865 Rawalpindi Islamabad

Warehouse managers oversee the handling and storage of a company's supplies and goods as well as track supply requests and forecast future material needs. Read on to learn about some of the most common classes and training program offerings in warehouse management Concepts you'll encounter while studying warehouse management:
Business basics
Inventory control
Management techniques
Source selection
Acquisitions law
Fundamentals of transportation and logistics
This course will introduce you to the theories and concepts of inventory and warehouse management with specific emphasis on identifying the components of inventory related costs, estimating the cost of said components, controlling material flow through materials requirement planning and just-in-time delivery and managing inventory related response to customer demand. In summary, you will take away the knowledge to better manage your areas, and to effectively align your activities with those of the logistics and supply chain management team within your organisation, leading to smoother, more profitable operations.

Inventory and Warehouse Management Courses
Students learn the key aspects of inventory control and materials handling. They develop their knowledge of receiving and storing materials with an eye to greater profitability. Instructors provide lessons in proper material processing, including the picking and shipping of goods. Students learn the technologies and computer systems that assist managers in maintaining inventory and forecasting supply needs.

Acquisitions and Purchasing Courses
These classes survey the duties of purchasing agents and the methods use in acquiring materials and goods. Assignments allow students to develop familiarity with source selection, contracting, acquisitions law and pricing. Lessons include tips pricing materials and key negotiating skills. Students will analyze the value offered by vendors for products and use this information when planning equipment and supply purchases.

Supply Chain and Logistics Management Courses
Instructors discuss the challenges facing supply chains in a global economy. Students acquire the ability to coordinate logistical information so the movement of materials is seamless. Class topics include emphasis on meeting deadlines, customer service and accurately forecasting future logistical needs. Students also learn the technologies used in the industry and production planning.

Transportation and Freight Operations Courses
Students develop an understanding of the role transportation plays in society and the economy. Classes discuss the environmental impacts of transportation operations and the regulations affecting the industry, including federal and international counter-terrorism laws. Students learn the effective management of transportation hubs and transportation pricing standards. Assignments introduce the technologies used in managing transportation operations and maintaining shipment security.

Course Outline
Module 1: Warehouse Management
Warehouse Organization
Introduction to warehouse organization
Position of Warehouse/stores in the organization
Organization structure of stores division
Organization matters for efficient working of stores division
Delegation of authority
Requisitions and Replenishment of Materials
Need for requisitioning the material
Replenishment of stock items
Preparation of materials requisition report
Dispatch of requisition to user department
 Review order quantity
Performance Evaluation of Stores Activities
Criticism of stores division
Poor inventory control
Improper store-keeping and Tools Management
Performance indicators and evaluation
How is performance evaluation carried out
ISO Standards and Warehouse Activities
Introduction to ISO standards
The importance of ISO standards
Registration for ISO certification
Warehouse activities and quality assurance
Stores division activities in conformance to ISO 9001
Warehouse Location, Layout, and Facilities Planning
Number and size of stores
Location of stores
Layout planning of warehouse
Physical facilities planning
Warehouse Security, Safety, and Maintenance
Security
Entry to warehouse
Management of warehouse keys
Closing of warehouse
Issue to authorized individuals
Module2: Inventory Control

Inventory Classification and Strategies
Advantages of classification of inventory
Regular inventory item
In-process inventories
Finished goods inventory
Strategic considerations in the control of finished goods inventory
Market research
Codification and Standardization
Methods of Codification
Variety reduction
Advantages of standardization
Situations where standardization is not preferred
Types of standards
Standardization program
Inventory Control Model
Theoretical inventory control model
Elements of inventory control model
Dynamic nature of the inventory control model
Maintenance requirements
Reorder point fluctuations
Inventory Control Techniques
Best order quantity
Economic Order Quantity (EOQ) defined
Determining Economic Order Quantity (EOQ)
Variable costs
ABC analysis
Other techniques of analysis
Effective Management of Spare Parts
Factors influencing the stocking of spare parts
Appropriate maintenance techniques
Administrative and financial factors
Steps for management of spare parts
Diagnostic survey
Reconditioning and overhauling of parts
Valuation of Inventory
Importance of valuation of inventory
Valuation of material issues
First in First Out (FIFO)
Last in First Outs
Highest in First Out (HIFO)
Next in First Out (NIFO)
Simple average method
Weighted average cost method
Factors considered in selection of method of valuation of inventory
Warehouse Management Warehouse Organization
Introduction to warehouse organization
Position of Warehouse/stores in the organization
Organization structure of stores division
Organization matters for efficient working of stores division
Delegation of authority
Performance Evaluation of Stores Activities
Criticism of stores division
Poor inventory control
Improper store-keeping and Tools Management
Performance indicators and evaluation
How is performance evaluation carried out
Warehouse Security, Safety, and Maintenance
Security
Entry to warehouse
Management of warehouse keys
Closing of warehouse
Issue to authorized individuals
Inventory Classification and Strategies
Advantages of classification of inventory
Regular inventory item
In-process inventories
Finished goods inventory
Strategic considerations in the control of finished goods inventory
Market research
Inventory Control Model
Theoretical inventory control model
Elements of inventory control model
Dynamic nature of the inventory control model
Maintenance requirements
Reorder point fluctuations
Valuation of Inventory
Importance of valuation of inventory
Valuation of material issues
First in First Out (FIFO)
Last in First Outs
Highest in First Out (HIFO)
Next in First Out (NIFO)
Simple average method
Weighted average cost method
Factors considered in selection of method of valuation of inventory

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