Location

Date

Duration

Language

Discipline

Introduction

This course provides in-depth, practical training in warehouse operations, inventory control, material handling, and stock management using statistical methods and best practices. Participants will gain skills to effectively manage warehouse layouts, stock accuracy, demand forecasting, and material flow while reducing losses, improving service levels, and optimizing costs. The course emphasizes the use of data, KPIs, and inventory analytics to improve operational efficiency and decision-making.

Objective

• Understand key functions of warehouse and inventory management.
• Apply statistical techniques to control and forecast inventory.
• Optimize warehouse layout, storage, and material handling processes.
• Implement effective stock control systems to minimize losses and overstocking.
• Use KPIs to monitor performance and improve warehouse efficiency.
• Integrate inventory control with procurement and supply chain functions.
• Ensure compliance with safety, quality, and auditing standards.

Audience

• Warehouse Managers and Supervisors
• Storekeepers and Inventory Controllers
• Supply Chain and Logistics Professionals
• Procurement and Materials Managers
• Operations and Production Staff
• Anyone involved in inventory, stores, or warehouse operations

Content

Day 1: Warehouse & Stores Management Fundamentals

• Module 1: Role of Warehousing in the Supply Chain
  • Types of warehouses (distribution, bulk, cold storage)
  • Receiving, storing, issuing, and returns processes
• Module 2: Warehouse Layout and Space Optimization
  • Zoning, racking systems, and bin locations
  • Planning for efficient movement and safety

Day 2: Stock Control and Inventory Management

• Module 3: Inventory Classification and Control
  • ABC, VED, and FSN analysis
  • Inventory policies: FIFO, LIFO, JIT
• Module 4: Reorder Points and Economic Order Quantity (EOQ)
  • Lead time calculation and safety stock levels
  • Stock replenishment methods

Day 3: Statistical Tools for Inventory Management

• Module 5: Demand Forecasting and Stock Planning
  • Simple and moving average forecasts
  • Seasonal adjustments and trend analysis
• Module 6: Stock Accuracy and Data Integrity
  • Cycle counting vs. full physical stock count
  • Barcode, RFID, and digital tracking systems

Day 4: Performance, Risk & Compliance

• Module 7: Key Warehouse KPIs and Performance Metrics
  • Inventory turnover, fill rate, stock accuracy, space utilization
  • Setting and tracking performance benchmarks
• Module 8: Risk, Loss Control & Compliance
  • Theft, damage, expiry and obsolescence prevention
  • Safety, regulatory, and audit compliance in warehouse operations

Day 5: Systems Integration & Practical Workshop

• Module 9: Integrating Warehouse Operations with ERP/SCM Systems
  • Role of WMS (Warehouse Management Systems)
  • Aligning inventory data with purchasing and production

Certificate

MAESTRO CONSULTANTS Certificate of Completion for delegates who attend and complete the training course.

Methodology

Our courses are highly interactive, typically taking a case study approach that we have found to be an effective method of fostering discussions and transferring knowledge. Participants will learn by active participation during the program through the use of individual exercises, questionnaires, team exercises, training videos and discussions of “real life” issues in their organizations.
The material has been designed to enable delegates to apply all of the material with immediate effect back in the workplace.

Fees

$5,250 per attendee including training material/handouts, morning/afternoon coffee breaks, and Lunch.