Quality Systems in Inventory Management and Control

Course Properties

Course date: 29-10-2017
Course End Date: 02-11-2017
Location Cairo

Introduction:

      Warehousing and Inventory Control are important for efficient operation of warehouses. In recent years, computerization has improved the efficiency of the warehouse operations to great extent. At the same time, computerization has not replaced the need for conceptual understanding of warehouse and inventory control.

The need for professional approach in the activities of warehouse and inventory control has also been realized due o large size operations, especially in large industrial units or companies having a number of units spread all over the world.

 

Course Objective:

             At the end of this course, participants will have:

                       • Developed their skills of inventory management processes efficiently and effectively.

                       • Acquired the sound scientific organization and control of warehouse and inventory.

                      • Honed their skills on how to achieve quality in inventory management and in accordance with the

                         international standards of ISO9001 by providing them with the components and elements to

                         achieve quality in the storage business.


Who Should Attend:

               • Inventory and purchasing engineers

               • Inventory and purchasing department staff,

               • Warehouses personnel,

               • Storekeepers,

               • All staff involved in the warehousing and inventory business.


Course Contents:

               • Warehouse Organization

                                Position of warehouse/stores division in the Organization

                                Delegation of Authority

               • Requisitions and Replenishment of Materials

                                 Replenishment of Stock Items

                                 Distribution of MRP

               • Receipt and Inspection of Materials

                                 Receipt of Materials

                                 Inspection

               • Issue of Materials

                                 Procedure for Emergency Issues

                                 Procedure for materials Issued on Loan Basis

               • Stocktaking

                                 Reason for Higher Physical Balance in the Inventory

                                 Rectification of Shortage/Excess

               • Discrepancies and Their Resolution

                                 Processing and Distribution of DR

                                 Handling of Materials Under Discrepancy

               • Control of Tools, Surplus, and Scrap Materials

                                 Control Tools

                                 Scrap Materials

               • Storage and Handling Practices of Materials

                                 Storage of Motors and Castables

                                 Storage of Industrial Gases

               • Computerization of Warehouse Activities

                                 Creating a Database for Transactional Tasks

                                 Leading Store-keeping and Inventory Control Packages

               • Performance Evaluation of Stores Activities

                                 Criticism of Stores Division

                                 Lessons to be Drawn from Performance Evaluation

               • ISO Standards and Warehouse Activities

                                 Warehouse Activities and Quality Assurance

                                 Stores Division Activities in Conformance to ISO 9001

               • Warehouse Location, Layout, and Facilities Planning

                                 Location of Stores

                                 Physical Facilities Planning

               • Warehouse Security, Safety, and Maintenance

                                 Security

                                 Safe Working Area

               • Inventory Classification and Strategies

                                 In-Process Inventories

                                 Strategic Considerations in the Control of Finished Goods Inventory

               • Codification

                                Methods of Codification

                                Elements of a Good Codification System

               • Standardization

                                Situations where Standardization is Not Preferred

                                Standardization Program

              • Inventory Control Model

                                Elements of Inventory Control Model

                                Dynamic Nature of the Inventory Control Model

               • Inventory Control Techniques

                                ABC Analysis

                                Classification of items for Strategic Review

               • Effective Management of Spare Parts

                                Factors Influencing the Stock of Spare parts

                                Steps for Management of Spare Parts

               • Valuation of Inventory

                                Importance of Valuation Inventory

                                Valuation of Materials Issues

               • Documentation of warehousing and inventory in accordance with the ISO 9001 Standards

               • Quality Circles and continuous improvement