LSBF Executive Education

Practical Inventory & Warehouse Management

Should you overstock or understock?                      

Well, you should not do either as both may result in negative impact to your organisation’s finances.  Similarly, poor inventory management could result in obsolete stock and even theft, causing financial lost.

Effective inventory and warehouse management, requires adequate systems to be put in place to track items when they are in and when they go out.   It is important that all inventories items in a warehouse are recorded in one place, so that the items can be found whenever they are required. Inventory management also has implications on customer service.

OBJECTIVE/OUTCOME

By the end of this training programme, participants will be able to apply the four key aspects of inventory management, namely:

  • Optimize Inventory Levels

  • Build an Inventory Management Plan

  • Design & Manage Warehouse Operations

  • Increase Accuracy, Traceability & Reduce Parts Variety
COURSE OUTLINE
  • What is Inventory and why keep inventory
  • Warehouse and Inventory Operations
  • Managing and Forecasting Inventory
  • Inventory Planning
  • Warehouse Planning
WHO SHOULD ATTEND

Managers, executives and officers in Materials Management, Stock Control, Warehouse & Logistics, Inventory; Internal Auditors, Product Specialists, Stock-takers and Assessors whose functions and responsibilities are involved in one way or another in planning, organizing, controlling, management and supervision of inventory, material and stockholding in the organization. 

COURSE DURATION
 

2 days, 10am – 5pm / 14 hours

Learning Materials

Hand-outs and recommended text

Certificate of Attendance 

A certificate of attendance will be issued to participants who have attended and completed the programme.

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Call Us on: +65 6580 7700

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Opening Hours @ Springleaf Tower
3 Anson Road, Springleaf Tower, #06-01
Singapore 079909

Monday–Friday: 9am–9pm
Saturday: 9am–1pm
Sunday and PH: Closed

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