Introduction to Business Warehouse – Managing a Cost Effective Warehouse

Introduction

A warehouse is a place where different goods are stored or accumulated for a temporary period. It creates time and place utility. The need for warehouses arises out of the lack of adjustment between times of production and times of consumption of goods. At present time the goods are produced for in advance of demand. So before the goods are brought to the end user, they should be stored. It is the warehouse which stores the goods from the time of production to the time they are provided to the end-users. In this way warehouse removes the hindrance of time between the places of production and consumption.

As equally it is important to hold inventory, cost would be major factor and concern in business. Therefore cost effective and operationally efficient procedures would be the best in class practices in warehouse management.  

This seminar will highlight:

• How to evaluate procedures,
• How to change and improve methods by eliminating wasteful activities and excess costs.
• Provides the practical skills to take back to the workplace.
• How to obtain added value for money
• How to improve customer service

Objectives

To introduce delegates to the fundamentals of Warehouse Design, Materials Storage, Handling, Warehouse Operations and show delegates how to apply these principles in a way that is financially beneficial to their companies’ operations and balance sheets.

At the end of this seminar, you will learn to:

• Evaluate procedures
• Change and improve methods
• Eliminate wasteful activities/costs
• Avoid all those internal problems that limit performance
• Obtain added value for money
• Improve customer service

Training Methodology

Participants to this seminar will receive a thorough training on the subjects covered by the seminar outline with the Tutor utilising a variety of proven adult learning teaching and facilitation techniques. Seminar methodology includes:

• Delegate discussion and involvement
• Case studies
• Exercises
• Best practice examples
• Supportive comprehensive course manual enabling practical application and reinforcement

Organisational Impact

• Examine the link of inventory in the company and manage the right products
• Analyse the key areas of warehouse operation
• Identify and understand key performance indicator
• Succeed in improving operation
• Apply the right cost and service balance
• Gain a competitive advantage

Personal Impact

• Understand how to manage warehouse operations
• How to make inventory productivity improvements
• How to select and maintain equipment
• How to conduct safe operations
• How to reduce costs and improve service levels
• Use a framework for continual improvement