Supply Chain & Operations

SOP 10 Inventory Planning and Stock Control – Level 2

Understand the inter-relationship of physical stock and inventory management, and how it differs based on type of demand

Accredited by: LONDON INSTITUTE OF SKILLS DEVELOPMENT SIGNATURE PROGRAMME

Who should attend?

  • Warehouse Managers
  • Professionals in Logistics Functions
  • Warehouse and distribution Managers and Supervisors
  • Material handling supervisors
  • Operational Managers/ Supply chain specialists
  • Students / Fresh graduates who want to pursue career in Service Industry and desired to acquire a promising position in a reputable Organization
Course Code:SOC 10
Subject:Inventory Planning & Stock Control-Level 2
Course Fee:£595
Duration:3 Days
Venue:London School of Economics UK

Learning Objectives

By the end of the course delegates will be able to:

  • Manage the key areas of warehouse operations
  • Eliminate wasteful activities/costs
  • Determine the materials handling cycle, manual and mechanical handling and accident prevention
  • Record, manage and measure inventory costs
  • Apply: MRP, JIT, Kaizen, Kanban strategies
  • Optimise resource planning and overall efficiency
  • Establish effective inventory management controls
  • Reduce costs of inventory obsolescence
  • Improve record-keeping accuracy

Course Content

Overview of Warehousing and Inventory Management

  • Fundamentals of Inventory Management
  • Replenishment Policies and Inventory Planning
  • Warehouse Operational Principles
  • Inventory Control
  • Strategic Management of Inventory and all types of Stock

Stock Identification and Recording Procedures

  • The role of the warehouse in the modern supply chain
  • The organisational structure of a warehouse
  • Factors determining the location and number of warehouses
  • Warehouse design
  • Different types of warehousing

Management strategies involved in creating an efficient warehouse

  • Implementing a dynamic warehouse management system
  • Enterprise Resource Planning
  • On Time Complete and On Time Delivery methods
  • Floor loads and floors stocks
  • Order fulfilment and fill rates

Managing People, Resources, Performance, Health and Safety

  • The role of the warehouse manager
  • People management
  • Resource planning
  • Performance management
  • Health and safety

Inventory Improvements and the Supply Chain

  • The supply chain and the theory of constraints
  • Supply chain process mapping
  • Saw tooth curve
  • Using the Economic Order Quantity (EOQ) graph to find improvements
  • Inventory in the distribution network

LISD Workshop Special GROUP Package Highlights:

(prices applicable to a group of minimum 8 persons)
*Maximum 15 persons will be enrolled in each workshop

  • 4 Days + 3 Nights Programme
  • Programme Registration with the invoice
  • 2 Scientific Knowledge-sharing sessions
  • Certificate of Participation signed by the authorities
  • 3 Night-accommodation in B&B (Double accommodation)
  • 2 Networking Dinners
  • 3 Lunches
  • 3 Networking Tea/Coffee
  • Airport Group-Pick & Drop Service
  • City Crawl
  • Group Excursion- Famous Tourist Attractions

Generic Schedule:

4 Days/ 3 Nights Programme

Day 1:
Hotel Group Pick-up Service from the nearest Airport to the Bed & Breakfast (Hotel)
Check-in: (between 2:00-4:00 pm)
City Crawl includes Takeaway Lunch and Coffee
(1st Night)

Day 2:
Interactive Learning Sessions: 9:00 am – 4:00 pm
Includes 2 Tea Breaks + Lunch
7:30 pm Networking Dinner
(2nd Night)

Day 3:
Interactive Learning Session/ Award Ceremony: 9:00 am- 1:00pm
Includes 1 Tea + Lunch
Excursion: 2:00-7:00 pm
Networking Dinner: 7:30 pm
(3rd Night)

Day 4:
Hotel Check-out at 10:00 a.m
Luggage can be Deposited in the Hotel
Free to Shop and Roam (independently)
Back to the Hotel at least 3.5 hours before the flight
Group Drop-off to the Airport

Register Per Person

Workshop VenueFull 4 Days + 3 Nights Workshop Package PER PERSON IN GROUP inclusive all taxesCredit/Debit Card
University of Oxford, U.KGBP 1350Register NowRegister Now
University of Cambridge, U.KGBP 1350Register NowRegister Now
King’s College London, U.K (University of London)GBP 1350Register NowRegister Now
University of Edinburgh, U.KGBP 1350Register NowRegister Now
London Institute of SD – Learning CenterGBP 1145Register NowRegister Now
Baku, AzerbaijanGBP
Istanbul, TurkeyGBP