Industrial Warehouse Management Concepts & Practices

Valuable Course for:

Experienced industry personnel seeking hands-on, practical, top-quartile training covering the many aspects of Industrial Inventory and Warehouse Management.

This Carver workshop will provide you with comprehensive interactive hands-on training in such areas as:Defining and describing the different types of inventory; Understanding what cost reduction strategies may apply to your inventory; Appling Risk Management Philosophy to O&M inventory decisions; Understanding how Equipment Life Cycle Performance dramatically effects maintenance and spare parts decisions; The true costs and associated cost components of industrial inventory; Describing typical maintenance inventory behavior; The typical workflows associated with supply chain; Understanding Activity Based Costing (ABC) and how it applies to inventory management; Understanding why O&M and warehouse parts philosophies and needs should have common performance measures; How technology interrelates to inventory management; The physical requirements of a facility parts warehouse; The Economic Order Quantity formula and its application; Calculating the optimum minimum spare parts levels for maintenance spares; Using a PC model to evaluate critical spare parts decisions.