Warehousing operations are at the heart of the supply chain of any organization. The ability to secure the storage and flow of supplies with an eye on balancing costs with desired service levels provides a formidable challenge to the warehousing professional. In this course, we describe the strategic role of warehousing in the broader context of supply chain management and logistics. We also specify the different warehousing activities and focus on the ones which warehousing can contribute to in the organization. In addition, we examine the operational and financial performance aspect of warehousing with an eye on sustainability.

Who Should Study Warehouse & Inventory Management?

Warehousing and supply chain professionals, those at operational, supervisory and management level. The course is ideal for those seeking to complement their warehousing experience with the latest theoretical knowledge in preparation for assuming higher positions in their respective organizations.

LEARNING OUTCOME

1. Demonstrate what inventory is and where can we find it within the supply chain.
2. Show the financial impact of inventory holdings on return on capital.
3. Demonstrate the types of demand patterns common in modern international supply chains.
4. Prepare appropriate inventory planning models for differing demand patterns.
5. Demonstrate which inventory planning tools are deployed for differing demand patterns.
6. Understand the role of warehouses and physical inventory holdings within the supply chain.
7. Show how warehouses design change for differing inventory types and fulfilment roles.
8. Be familiar with the main types of warehouse management systems (WMS) used today.
9. Demonstrate appropriate approaches to managing personnel, systems and processes used in the warehouse function.
10. Design and show how to use appropriate warehouse performance measurement methods.

COVERAGE

1. Principles of Integrated Logistics and Supply Chain Management
2. Warehouse Management: Functionality, Planning & Design
3. Warehouse Safety Management
4. Warehouse Materials Handling and Packaging
5. Inventory Management and Best Practices