Introduction of Training:

Inventory, Transportation, Warehousing, Packaging and Distribution Management course is designed and articulated to sharpen participant`s knowledge and skills in managing Inventory ,Warehousing ,Transportation and Distribution Management efficiently and successfully .Moreover after completion of this course participant can find out GAP that ensures the best value of money invested by the individuals or organizations.
Inventories are materials and supplies that a business or institution carry either for sale or to provide inputs or supplies to the production process. All businesses and institutions require inventories. Often they are a substantial part of total assets. Financially, inventories are very important to manufacturing companies. On the balance sheet, they usually represent from 20% to 60% of total assets. Inventory Management ties up capital, requires handling, uses storage space, deteriorates, sometimes becomes obsolete, requires insurance, incurs taxes, can be stolen or gets lost.
The role of warehousing and storage has changed drastically as customer and vendor compliance issues have come to surface and a greater emphasis has been placed on operations and customer satisfaction. There are more demands and expectations in today`s industry. The management of warehousing operations requires a unique combination of engineering, IT, human resources and supply chain skills. Warehousing may occur at several points in the supply chain & is one of the main drivers of cost and value.

Objective of Training:

Explain the basic concept of Inventory ,Warehousing ,Transportation and Distribution Management
It aims to provide participants foundational and advanced knowledge on how to tackle, resolve, and manage myriad complex problems and issues that confront of Inventory , Warehousing ,Transportation and Distribution Management
The purpose of the course is to find out GAP in right Inventory ,Warehousing ,Transportation and Distribution Management that ensures the best value of money thus efficiency can be obtained.
Supply the products and services to the right places in right time and satisfy the customer.

Contents of Training:

Companies today are challenged to streamline their logistics management processes to maximize efficiencies, customer satisfaction and profit margins. Transport or transportation is the movement of people, animals and goods from one location to another. Modes of transport include air, rail, road, water, cable, pipeline, and space. Transport is important since it enables trade between people, which in turn establishes civilizations. Vehicles traveling on these networks may include automobiles, bicycles, buses, trains, trucks, people, helicopters, and aircraft.

Packaging is usually the supplier`s responsibility but the buyer can influence how it is done! Remember that weak packing will result in losses & damage but too strong packing will be unnecessarily expensive.

The management of resources and processes used to deliver a product from a production location to the point-of-sale, including storage at warehousing locations or delivery to retail distribution points. Distribution management also includes determination of optimal quantities of a product for delivery to particular warehouses or points-of-sale in order to achieve the most efficient delivery to customers.

Inventory and Material Management

1. Inventory management / Material Management
2. Stages of Inventory
3. Types of Inventory
4. Financial implications of holding inventory
5. How much inventory to hold (Pipe Line Model)
6. Factors Affecting Inventory Policy
7. Signs of Trouble in Inventory Management
8. Reasons for keeping inventory
9. The role of the Inventory Manager
10. Inventory Operations
11. Pareto 80/20 rule
12. The Supply Positioning Model: Approaches to managing stock
13. Inventory Categorization (ABC Analysis based on 80/ 20 rule)
14. Six Steps to variety reduction
15. The necessity of stocktaking and Methods and Accuracy of Stocktaking
16. How do we value Inventory and its costing?
17. Costing Method(FIFO,LIFO,AVERAGE COSTING,STANDARD
18. COSTING,REPLACEMENT COSTING )
19. COGS
20. EOQ model and Calculation of EOQ
21. Danger level of materials or inventory stock and its calculation
22. Re-order level or ordering point or ordering level and its calculation
23. JIT Inventory Management (JUST IN TIME)
24. Cases when JIT does NOT work
25. Monitoring inventory movements
26. Inventory coding systems
27. Requirement Planning in Supply Chain
28. MRP ,MRPII
29. Forecasting Techniques /Methods
30. Getting started on measuring inventory and performance(Six steps towards an initial evaluation)
31. Learning CheckTransportation Management:
32. Meaning of Logistics
33. Logistics Drivers(Inventory, Transportation, Warehousing)
34. Practical management of Supply of materials
35. 3PL Logistics
36. 4 PL Logistics
37. Responsibilities of logistics manager
38. Transportation Management
39. Choosing the most appropriate mode of transport
40. Air Transportation and its documentation
41. Sea Transportation and its documentation
42. Road and other transportation and its documentation
43. Inter Modal, Multi Modal, Uni Modal Transport
44. Traditional role of a freight forwarders
45. Sample of an analysis of the alternative transport
46. Cross Docking
47. Learning CheckWarehousing Management:
48. Warehousing
49. Factors influences in warehousing design
50. WMS(Warehouse management System)
51. Warehouse Location
52. Types of warehouse
53. Ware housing costing method
54. Principle of efficient material handling in the warehouse
55. Main Goals of warehouse management operation
56. Warehouse efficiency and inventory health
57. Learning CheckPackaging Management:
58. Packaging
59. Packaging Instructions
60. Commonly used packaging material
61. Reverse Marketing and Supplier Development ProgramDistribution Management:
62. Difference between Channel distribution and Physical distribution
63. Storage at Production warehouse and distribution to depot
64. Storage at Depot and distribution to next point
65. Storage at CDC and distribution to next point
66. Storage to POS and retail distribution
67. Necessary safety ,security and Risk Management in POD(Point of Distribution)and POS (Point of sales)
68. Reverse Logistics
69. CRM and Customer Feedback
70. Order Fulfillment

CASES, EXCERCISES, VIDEO, GAME, ROLE PLAY
WRAP UP & CLOSING CEREMONY