Programs

Outlines:

Introduction
• warehouse & supply chain
• warehouse fundamental
• Physical product flow
• inbound & outbound concept
• Managing many levels of tiers in product flow
• Main definition in supply chain
• Levels of planning
• Objective of strategy plan in procurement
• Bullwhip effect
• Main challenge in supply chain and warehouse
• Relation between responsive & cost
• Product life cycle

Case study
Inventory control
• What are Inventories?
• Reasons for Inventories
• Inventory Management Philosophies
• Classification of Inventories
• How to classify inventory
• ABC classification
• Different kinds of classification

Workshop & case study
Inventory cost
• Ordering cost
• Carrying cost
• Landed cost
• Storage cost
• Cost of capital
• Other costs

Inventory turns
• Turnover & efficiency
• Days to supply
• Economic order quantity

Case study

Demand ordering system
• Demond levels
• Component of demand
• Order point
• Stock levels
• Safety stock
• Relation between customer service level & safety stock
• Target level
• Inventory KPIs
• Material requirement planning (MRP)
Workshop & case study

Course Methodology:

A variety of methodologies will be used during the course that includes:
• (30%) Based on Case Studies
• (30%) Techniques
• (30%) Role Play
• (10%) Concepts
• Lectures
• Case Studies and Self Questionnaires
• Group Work
• Discussion
• Presentation