The BMTG Masterclass in Warehouse and Inventory Management (3 Days)
Course Overview
Whilst the management of warehousing facilities and inventory has been explored and developed over the years, it remains a critical element and the foundation of a successful and efficient Supply Chain, and lies at the very heart of Supply Chain Management.
The importance of inventory - which can be broad and varied in nature - has been debated over the years and many would argue that it is idealistically not required, however in reality unpredictable demand forecasts, volatile supplier lead-times, breakdown materials, project variability and the desire to give customers a choice means that Inventory and its storage remains a very real part of 21st century business activity and in some cases a huge drain on financial resources.
Equally as important as deciding what inventory is required to fulfil customer requirements, is the need to store and preserve the inventory in cost-effective, strategically located and efficient warehouses. These warehouses need to be designed to appropriately reflect the inventory and its requirements, as well as to ensure there is appropriate access and maintenance of the inventory whilst in storage for however long that may be. Product may be heavy or light, large or small, temperature sensitive, deteriorating over time, dangerous, made of precious metals and highly valuable, or a scarce commodity which may no longer be manufactured; each criteria affects its warehousing requirements.
HSE requirements, legal responsibilities, experience and general environmental diligence will underpin the learning objectives, with real and fictional case examples used to help illustrate best practice and common issues.
As part of the MasterClass, business models and process will be explored to help identify the correct inventory to be held, identification of issues, and the management of the Inventory, Warehousing, Logistics and disposal functions within the organisation. This will be underpinned with reference to some of the more important HSE requirements to ensure this important aspect features in all preparation and planning activities.
MasterClass Outline
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The concept of Inventory and Warehousing Management?
Stakeholders and Choice
Special Inventory Requirements
Impact of an effective Inventory Function
Laying out a Warehouse
Inventory Management Models
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Specific Warehousing Departments
Managing the Work Environment
Inventory Reduction and Invest Recovery
Managing Data and IT Systems in the Warehouse and Inventory
The programme will include a series of group exercises, group discussions and case studies with a high level of delegate interaction. Due to the varied nature of legislative requirements, this MasterClass will reflect on base requirements and international concepts and give guidance as to where participants can get specific local detail. |
Benefits of Attending
By attending this interactive MasterClass you will be equipped with the skills to:
- The MasterClass will give attendees a detailed insight into the importance, methodologies and risks associated with the storage and management of a wide range of inventory items;
- Attendees will examine traditional inventory theory coupled with common methods of addressing inventory requirements and aspects such as variety and obsolescence;
- The MasterClass will explore the importance of demand management, forecasting, and supplier delivery performance coupled with the need to achieve required service levels;
- Attendees will by the end of the MasterClass be able to generate strategy, policy and process to ensure inventory is minimized, service levels are maximized and product is stored effectively in robust and secure warehouse facilities compliant with HSE and operational requirements.
Who should attend?
This highly practical and interactive MasterClass has been specifically designed for:
- Business Owners / Managing Directors
- Warehouse Managers & Supervisory Team Members
- General Managers
- Operations Managers & Directors
- Inventory Managers & controllers
- Supply Chain Management Personnel
- Logistics Supervisors
- Risk Managers
- Project Managers, Directors & Engineers
- Supplier Managers
- Team Leaders
- Divisional Heads
- Procurement Personnel
- Contractors
- Health & Safety Officers
- Management Consultants
PLUS anyone who is responsible for / involved, or anticipates being involved, in Warehouse and Inventory Management in the future.
Trainers
Meet your training course director: Paul Jackson BSC MICM MCIPS
Paul Jackson is an accomplished Supply Chain professional and training consultant with significant expertise in the area of procurement, Supply Chain Management, inventory and warehousing management, sustainability and supplier development.
Paul has consistently delivered commercial benefits and training across a range of private and public sector markets and has positively influenced large blue chip organisations such as BAE Systems, ChevronTexaco, and Teliasonera as well as Public Sector and numerous SME clients. His ability to deliver projects on time and budget, run operational facilities and train teams makes him an ideal project trainer and mentor.
Paul is an enthusiastic team player and is equally comfortable working within a team as he is leading from the front or coaching from the classroom. He has exceptional change management skills and has the experience and personality to lead large teams successfully through periods of transition. He has run a number of businesses over the years, managed office and warehousing operations, run production plants, and operated datacentres, as well as managing contracts to support the facilities and operational management activities associated within the organisation. He is also an experienced overseas operator having undertaken projects in many diverse locations including countries such as Kazakhstan, Nigeria, Angola, Indonesia, China, Japan and Saudi Arabia.
Paul is an articulate communicator with well developed project delivery, contract negotiation and presentation skills. He manages projects with an enviable ease and engages people with a coaching philosophy which focuses on motivation, mentoring and development. He also runs and manages end-to-end Supply Chain audits, feasibility studies and compliance assessments to help drive effective change and identify strategic opportunities and risk.
Furthermore, Paul was for a number of years a successful business manager with a warehousing and logistics organisation and approached all aspects of his work with a heavy focus on the improvement of profit through cost reduction, development of markets in locations such as India and China, and through the improvement of skills in the workforce.
Paul is a MCIPS, BTEC and IACCM trainer in Procurement, Supply Chain Management, Negotiation and Inventory Management and lead author of “the Sustainable Business” published in early 2013, lead-author of “101 Tools of Procurement and Supply Chain Management” and co-author of Practical Procurement second edition. He has also published articles in a number of different journals including Supply Management, IPSCM. Intend and Marine Trader. He is a Prince 2 qualified project manager, a Six Sigma Green belt, and has UK National Security Clearance.
Meet your training course director: Andrew Neilson F.C.I.P.S. (Chartered) F.C.I.L.T.
Andrew is a professionally qualified and award-winning procurement and supply chain executive. He has led and developed procurement and supply chain functions within leading UK based, globally reaching organisations including in country management across the Americas and the Far East. He was elected as a Fellow of the Chartered Institute of Purchasing and Supply in 2016 followed closely by becoming a Fellow of the Chartered Institute of Logistics and Transport in 2017.
Andrew has now taken all of his experience into providing expertise to clients / businesses of any size with end to end procurement, supply chain and logistics training / consultancy services on a global basis. Training is delivered to all types of organisations both publicly and on-site/in-house on Supplier Relationship Management, Category Management, Negotiation, Contract Development, Operations Management, Customer Relationship Management and Inventory Management plus anything you need within an end to end Supply Chain.
- Achieved Chartered status of the Chartered Institute of Procurement and Supply 2019
- Elected as a Fellow of the Chartered Institute of Logistics and Transport 2017
- Elected as a Fellow of the Chartered Institute of Procurement and Supply 2016
- Nominated for National Travel Buyer of the Year 2012
- Winner of Chartered Institute of Procurement and Supply – Best Purchasing Initiative 2008
- Finalist - European Supply Chain Excellence Awards – Individual Contribution to Supply Chain within the EU 2008
- Finalist - European Supply Chain Excellence Awards - Sourcing & Procurement 2008
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