General Objective:
• To develop the skills of warehouse and storekeepers in:
• Receiving and supply operations
• Internal warehouse planning skills
• Issuing and external supply operations
• Providing scientific foundations and establishing practical applications in planning, implementation, and control, as well as enhancing the professional performance of employees in this field.
• Equipping participants with the skills to plan, organize, and follow up on purchasing and storage operations to reduce costs and meet needs efficiently.
• Refining and developing participants’ abilities in inventory, handling waste, and managing obsolete stock.
By the end of the course, participants will be able to:
Understand and comprehend the concept of the inventory system.
• Carry out inventory operations efficiently and effectively, utilize results, and handle inventory discrepancies.
• Address the causes of waste and obsolete stock to ensure they remain within acceptable administrative levels and do not accumulate in the organization.
Who Should Attend:
- Warehouse and store personnel
• Custodians and storekeepers
• Purchasing and supply officers
• Department heads in logistics and materials management
• Staff involved in inventory planning and control
• Individuals seeking to develop their skills in inventory and warehouse management
Course Content:
- Purchasing and warehouse supply activities and their direct impact on the organization’s profitability and owners’ equity.
• Economics of purchasing and warehouse supply activities and their cost and financial implications.
• Managing purchasing and warehouse supply activities: - Planning and organizing the warehouse or store.
- The importance of warehouse planning.
- Methods for arranging stored items.
- Economic planning for inventory.
- Applying inventory control methods.
- Internal planning problems and ways to address them.
- How to prepare the planning budget for material needs.
- How to prepare the planning budget for purchases.
- Determining the economic purchase quantity.
- The economic order quantity and challenges of balancing holding costs with reorder costs.
- Preparatory stage of purchasing operations and preparing specifications and tender documents.
- Skills in tendering and evaluating submitted bids.
- The tender: definition, types, characteristics, conditions required of bidders, and bid withdrawal cases.
- Evaluating technical and financial proposals from bidders.
- Awarding bids and finalizing the tender.
- Supplier communication and negotiation skills.
- Skills in direct purchasing and negotiated procurement.
- Quantity discounts, purchase withdrawals, and cash discounts and their impact on cost.
- Letters of credit and bank guarantees, and challenges in foreign purchasing.
- Freight, bank commissions, and customs duties on external purchases.
- Receiving and supply operations.
- Inspection and receiving committees, and adding purchases to warehouse inventory.
- The role of waiting yards in receiving and supply operations.
- Warehouse supply procedures.
- Inventory identification and coding procedures.
- Warehouse accounts (incoming).
Developing skills in issuing and external supply: - Issuing operations.
- Authorization for issuing materials.
- Scheduling issuing operations.
- Problems in issuing and ways to address them.
Inventory operations: - Concept of inventory.
- Objectives of inventory operations.
- How to achieve efficiency and effectiveness in inventory processes.
- Modern methods of inventory and their role in successful warehouse management.
- Inventory cards and lists.
- Handling inventory discrepancies.
Key Concepts: - Waste storage.
- Documents for monitoring waste movement.
- Developing policies and methods for disposing of obsolete items.
- Preparing electronic tables for warehouse data.
- Case studies and practical applications.