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Training course overview
Warehousing involves the efficient storage of goods and materials, playing a crucial role in the overall cost structure of an organization. This Coventry Academy training course will explore warehousing as an integral component of broader business strategies, emphasizing its critical role in supply chain management. The course provides a comprehensive examination of warehouse management across strategic, tactical, and organizational levels. Participants will gain insights into how warehousing interacts with all business processes within the supply chain. By the end of the course, delegates will be equipped to implement cost-saving strategies in various areas of their organizations, driving significant improvements in operational efficiency.
What are the goals?
By attending this Coventry Academy training course you should achieve these goals:
- How to Understand the Process of Warehousing Within Their Organisations
- How to Determine the Best Strategy for Locating, Structuring and Operating the Warehouse
- How to Identify and Implement Lean Principles Through Changes to Processes
- How to Improve the Inventory Strategy Across the Business
- An Understanding of How to Make Improvements to Organization Processes
Who is this training course for?
This Coventry Academy training course is suitable for middle and senior managers who have responsibility for operational areas in the organisation, as well as consultants and professionals who support them. For example:
- Operational Managers
- Financial Managers
- Warehouse Operators
- Board Level Executives and Non-Executives Who Require an Understanding of Warehousing
Course Outline
Day One: Warehouse Infrastructure Strategies
- Warehouse location strategy
- Options in warehouse layout and design
- Classes of warehouses
- Warehouse automation
- Information Technology (IT) in the warehouse
- Industry variations
Day Two: Warehouse Operating Processes and Principles
- Key functional processes from receiving to picking and shipping
- Optimizing the flow of goods across processes
- Advanced processes – break-bulk, cross-docking, mixing, assembly
- Cycle counting, conducting a physical inventory audit
- Implementing Lean principles in the warehouse
- Continuous improvement and managing change
Day Three: Inventory, Analysis, and Product Classification
- The function of inventory
- Inventory accuracy and control
- Handling WIP (Work-In-Progress) inventory
- Three-dimensional inventory classification and segmentation (ABC)
- Using inventory classification to drive efficiency
- Replenishment methods and strategies
Day Four: Leveraging Your Resources and Developing New Capabilities
- Managing and incentivizing your people
- Employee training and evaluation
- The IT environment: Your enterprise and the warehouse
- Role of the warehouse in the value chain
- Outsourcing: Risks and opportunities
- Supplier collaboration models and strategies
Day Five: Create a World-Class Warehouse with Performance Management and Metrics
- Contemporary trends in warehousing
- Warehouse best practices and benchmarking
- The role of performance management in the warehouse
- What should you measure?
- Establish an executive dashboard using Key Performance Indicators (KPIs)
- Identifying, prioritizing and implementing improvements
The certificate
- Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course
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