WAREHOUSING AND INVENTORY MANAGEMENT

This two (2) day course focuses on the operational and strategic management of inventories, the role of inventory management and the professionals behind
this important organizational function as it directly relates to the improvement of the company’s competitiveness. It will cover the most important aspects of inventory management from warehouse design and operations through forecasting requirements and parts variety reduction to evaluating inventory
practices and building an effective inventory management plan of action.

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WAREHOUSING AND INVENTORY MANAGEMENT COURSE OVERVIEW

This two (2) day course focuses on the operational and strategic management of inventories, the role of inventory management and the professionals behind
this important organizational function as it directly relates to the improvement of the company’s competitiveness. It will cover the most important aspects of inventory management from warehouse design and operations through forecasting requirements and parts variety reduction to evaluating inventory
practices and building an effective inventory management plan of action.Read More

Warehouse and Inventory Management Training Key Features

Benefits

KEY FEATURES

KEY FEATURES

PERSONAL IMPACT

ORGANIZATIONAL IMPACT

Course Outlines

Introduction – Review of the “Fundamentals”
1.1 What is Inventory Management
– Working Capital Cycle
1.2 Why is Inventory Management important
1.3 Why keep Inventory
1.4 How much Inventory to Keep
1.5 The Financial Implications of Holding Inventory
– Inventory Carrying Cost
– Effect on Financial
1.6 The Cost of not holding enough Inventory
1.7 The Role of the Inventory Manager
1.8 Exercises / Practical Application to Workplace
Setting the Stage for Effective Inventory Management
2.1 Introduction to Effective Inventory Management
2.2 Inventory Management& the Supply Chain Strategy
2.3 Demand Forecasting
2.4 Lead time Management
2.5 Exercises / Practical Application to Work / Questions & Answers
2.6 Understanding SAP Fundamentals & Terminology

Inventory Planning

3.1 Introduction to Inventory Planning
3.2 Service Level Policies – OTIF
3.3 Inventory Categorization Techniques
– ABC Analysis
– Fast & Slow Moving, Excess, Obsolete & Defective Stocks
3.4 Traceability and Variety Reduction
3.5 Inventory Coding Systems
3.6 The Inventory Management Plan
3.7 Group Discussion / Practical Application to Work

Unit 4 – Inventory Operations
4.1 Introduction to Inventory Operations
4.2 Monitoring Movements
– Inventory Accuracy
4.3 Measuring and Valuation of Inventory
4.4 Receipt & Issuance of Inventory
4.5 Systems to Replenish Inventory
4.6 How Much to Order – EOQ,
4.7 When to Place an Order – ROP, JIT
4.8 Exercises / Practical Application to Work

Unit 5 – Warehouse Planning & Systems

5.1 Introduction to Warehouse Planning & Systems
5.2 Warehouse Location & Acquisition Options
5.3 Warehouse Design
5.4 Warehouse Layout
5.5 Materials Handling & Equipment
5.6 Warehouse Operations
5.7 Record Keeping & Communication
5.8 Perpetual Systems/Continuous Review Systems
5.9 International Quality Standards
5.10 Physical Inventory & Cycle Counting
5.11 Exercises / Practical Application to Work

Course Schedules

Course Name
Duration
Course Date
Location
Delivery Method
Course Fee
REGISTER

WAREHOUSING AND INVENTORY MANAGEMENT

2 DAYS

JAN 19TH-20TH

IKEJA WEEKDAY

CLASSROOM/VIRTUAL

N180,000

ENROLL NOW

WAREHOUSING AND INVENTORY MANAGEMENT

2 DAYS

 APRIL 12TH-13TH

IKEJA WEEKDAY

CLASSSROOM/VIRTUAL

N180,000

ENROLL NOW

WAREHOUSING AND INVENTORY MANAGEMENT

2 DAYS

 JUNE 15TH-16TH

IKEJA WEEKDAY

CLASSROOM/VIRTUAL

N180,000

ENROLL NOW

WAREHOUSING AND INVENTORY MANAGEMENT

2 DAYS

 AUGUST 23RD-24TH

IIKEJA WEEKDAY

CLASSROOM/VIRTUAL

N180,000

ENROLL NOW

WAREHOUSING AND INVENTORY MANAGEMENT

2  DAYS

OCT 25TH-26TH

IKEJA WEEKDAY

CLASSROOM/VIRTUAL

N180,000

ENROLL NOW

WAREHOUSING AND INVENTORY MANAGEMENT

2 DAYS

DEC 6TH-7TH

IKEJA WEEKDAY

CLASSROOM/VIRTUAL

N180,000

ENROLL NOW

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Training Options

Classroom Trainings

N180,000

  • Interactive,excitingly serious action oriented learning methodology
  • Classroom training by top instructors and practitioners

Live Online Virtual Training

N170,000

  • 90 days of flexible access to online classes
  • Live, online classroom training by top instructors and practitioners

Corporate Trainings

Customized to your team learning needs and organizational goals

  • Customized learning delivery model (digital material and/or instructor-led)
  • Flexible pricing options
  • Enterprise grade Learning Management System (LMS)
  • Enterprise dashboards for individuals and teams
  • 24×7 learner assistance and support

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WAREHOUSING AND INVENTORY TRAINING.

Examination and Certification

Who should attend

  • This JK Michaels training seminar 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 about 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
  • Experienced individuals who manage warehousing and inventory activities in diverse fields
  • Working professionals seeking to change career, job or industry to warehousing and inventory related field
    Individuals who meets the requirements and intend on becoming warehousing experts
  • Mid to senior-level executives in any sector

Why JK Michaels

You will gain practical,useful and impactful skills from our experienced faculties.

CONSULTANTS: Our consultants are Practical, Professional,Experienced, Licensed & Effective personnel with minimum experience of over 25years.
CONSULTANT RATING: 96% of our training consultants scored A+ rating from our customers in 2020

JK Michaels joins the prestigious group of organizations approved by Project management institute USA,American Academy of Project Management (USA),Scrum Study institute USA, to provide world class Effective project management training; After a rigorous audit of our curriculum design, delivery, facilitators, and content of our courses.

We are also accredited by government as a management training and consulting firm.In addition to other international institutes including :International institute of Business analysis(IIBA);(APMG)Association of Project Management Group;International institute of Six Sigma Certification;Peoplecert,Clover Health and Safety,Nebosh,Pregen Business School Atlanta,Simplilearn;International institute of Supply Chain Management (UK).
JK Michaels is in alignment with International Standard in Quality and Safety

We are committed on delivering on our customers trust.

CUSTOMER RATING: 95% of our customers rated JK Michaels program excellent and of great value compared to what they pay.
REFERRALS: 95% of our business comes from referrals.
TRUST: Our customer retention rate is 95%.
TRACK RECORD: In year 2019, 96.4% of our customers rated JK Michaels as EXCELLENT.

Excitingly different, action learning system focused on improving talents & impacting bottom-line results.

JK MICHAELS LEARNING SYSTEM™ : Practical Action Learning + fun + intellectual intensity = Uncommon Performance
JK MICHAELS CONSULTING SYSTEM™ : Excellent project +process +People + Technology = Uncommon Performance .
CONDUCIVE LEARNING ENVIRONMENT: 99% of our customers rate our facility conducive serene and secure with unmatched technology, gourmet lunch, free refreshment, and WIFI.

After undergoing our training, our customers reported a minimum of 35% boost in their productivity,70% of them get promoted to a higher level at work, 98.5 % pass professional exam at their first sitting and 100% get to network and share experience with employers and top management.

We promise to support you until you succeed.

COURTESY: You are assured of a courteous and friendly customer service that will work with you until you succeed.
RESPONSIVENESS: We guarantee that your enquiries will be responded to, in three minutes.

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