Inventory and Warehouse Management Certification Course

Due to globalization and technological advancements, competition and challenges among organizations have increased. To handle the current situation, organizations are in the process of implementing Industry 4.0. With the advent of Industry 4.0, organizational processes are evolving in new ways from time to time to compete and increase profit in the market.

Imprecise inventory and warehouse management lead to problems that incur costs and time. To tackle this, there is a need to re-engineer the process with the help of technological innovations.

This course aims to gain a deeper understanding of the potential of re-engineered inventory and warehouse management. Incorporating Industry 4.0 technologies, such as the IoT, RFID, sensors, and AI, significantly improves inventory and warehouse management by enhancing accuracy, minimizing manual errors, and speeding up processing times in generating and approving purchase orders, quality checks, receiving and storing goods.

Contents:

DAY – I

Industry 4.0

· Digital Twins

· Automation and Application

· Advance Manufacturing Technologies

· Foundations of Smart Manufacturing

Supply Chain 4.0

· Block-chain, IoT and AI and their impact on the supply chain

· Supply Chain Sustainability

Warehouse Management

· Understanding Warehousing Concept

· Setting up Warehouses

· Distribution Networking Plan

Case Study I – Warehouse Optimization

DAY – II

Warehouse Framework

· 5 S and Lean

· Cost and Optimization

· Slotting and Benefits

· Understanding WMS

· SEZ concept and benefits

Challenges

· Market Forces

· Challenges in Inventory Management

Inventory Analysis

· ABC

· XYZ

· Hybrid – ABC and XYZ

· FSN, HML, VED, SDE

· Hybrid – FSN, HML, VED, SDE

Inventory Costs

· Carrying Cost

· Ordering Cost

· EOQ

· Min, Max, Safety Stock and Reordering Points with Calculations

Case Study II – Inventory Management

AI

· Role of AI in Inventory Management

· Inventory Optimization and AI

· Demand Planning and AI

Who should attend:

Senior & Middle level Managers and Professionals in Supply Chain Procurement, Inventory Management, Warehouse, Logistics etc.

Trainer Profile:

Ujjwal Basu – Business Strategic Specialist

23+ years of learning in Commercial negotiations, Procurement, Vendor Management, Supply Chain, Production Planning, Logistics, Purchasing, Warehousing, Sales and after sales. Domestic and Global, Lead – Asia Pacific team, exposure to Middle east, EU and US. Worked in varied Industries – Automobile, Media, ITES, Chemicals, Logistics, FMCG and Other Manufacturing. Worked in various Green and Brown field projects. Currently working as Business Consultant with Multiple organizations.

A highly impactful Strategic specialist, with diversified experience in Integrated Supply Chain Management and International Business acumen with various Industry knowledge viz. Automobile, Media, ITES, Chemicals, Green Mobility, Supply Chain and Other Manufacturing organizations having over two decades of experience in the field of Sourcing Management, Logistics, Value Chain, Inventory Management, Plant Operations, Production Planning, Brand, Customer Relationship Management and handling multiple green field projects. Experience of handling Domestic, Asia Pacific, Middle East and US territories. Worked in top Indian and Global brands like ABP Pvt Ltd, General Motors India, Tata Motors, Avaya India, Johnson Matthey India, Fogla Corp. Contributed in business strategy formulation and achieving volumetric business growth, business process reengineering and change management, supplier consolidation and cost optimization.

Delivery: ZOOM Meeting

Contact Details :

Revati Khare || Assistant Director 
Email : international@bombaychamber.com
Tel. (D) + 91 22 6120 0231; (M) + 91 9892029473