An Intensive 10-day Training Course
Excellence in Warehouse and Inventory
Best Practices for Managing & Improving Warehouse and Inventory Operations
Scheduled Dates
Classroom
| 19 - 30 May 2025 | Dubai - UAE | $11,900 | RESERVE A SEAT |
| 21 Jul - 01 Aug 2025 | Istanbul - Turkey | $11,900 | RESERVE A SEAT |
| 08 - 19 Sep 2025 | Dubai - UAE | $11,900 | RESERVE A SEAT |
| 10 - 21 Nov 2025 | London - UK | $11,900 | RESERVE A SEAT |
Online
| 08 - 19 Sep 2025 | Online | $7,900 | RESERVE A SEAT |
Are the scheduled dates matching with your needs?
We provide a wider range of training options. Tailored and customized, we can deliver your organisation’s training needs anytime, anywhere.
Why Choose this Training Course?
Warehouses and Inventory Management are critical for the effective management of procurement and the supply chain to enable the efficient delivery of superior customer service.
Warehouses and Inventory controls are often overlooked and are not thought to be an important activity. Therefore, incorrect levels of inventory can be held with attendant knock on effects to costs, availability and customer service.
The program will destroy this myth of unimportance and demonstrate just how to:
- Evaluate procedures, change and improve methods wasteful activities and excess costs
- Discover all of the essential tools for the effective management of warehousing and inventory
- Achieve best in class performance is exactly what this program is about
- Use all of the practical skills to take back to the workplace so that all those internal problems that limit performance are avoided
- Apply the required principles and look at many practical applications in a highly interactive learning environment; delegates will have fun while learning principles and skills to ensure that they are able to change current methods and activities
MODULES
This PetroKnowledge training course is split into two modules:
MODULE I - Warehouse and Stores Management
MODULE II - Inventory & Stock Control Management
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a two-week training course.
What are the Goals?
By the end of this seminar, you will learn to:
- Learn the principles of Warehouse and Inventory Management
- Evaluate current procedures
- Examine operations and activities
- Analyze the key areas of operations
- Identify and Understand key performance indicators
- Succeed in improving operations
- Improve personal productivity
- Make needed changes to methods to improve customer service whilst achieving reductions in inventory
- Eliminate wasteful costs
- Avoid those internal problems that limit performance
- Obtain added value for money
- Understand and implement the essential tools for managing warehouses and inventory in the supply chain
Who is this Training Course for?
- This program is for all individuals who have a stake in the Supply Chain and all Logistics, Materials, Inventory, Stock, Warehouse and Distribution Professionals
- It will also help those who need to develop their limited understanding about Warehouse and Inventory management
- It will be especially helpful to all those who are looking to make business gains and benefits and to any owners, operators and directors of companies with warehouse and stores operations and who hold stock and inventory
How will this Training Course be Presented?
Warehouse and Inventory Management consists of nineteen modules containing lecture content, participative discussions, and many case studies to make the training come alive. The supportive comprehensive course manual will enable practical application and reinforcement and ensure back at work applications.
Organisational Impact
A legacy of increasing product availability and customer service levels is the ever-increasing requirements to:
- Examine the link of stock in the company operations and activities
- Analyse the key areas of warehouse operation
- Identify and understand key performance indicator
- Succeed in improving operation
- Organisations are much more healthy and productive when they have effective warehouse and inventory operations that provide superior customer service and product availability
Personal Impact
- See how to conduct an analysis of stock
- Gain from making productivity improvements in all operations
- Understand how to select and maintain warehouse equipment
- Conduct safe working practices and operations
- Apply a framework for continual improvement
- Gain the financial benefits that effective warehouse and inventory management can bring
Daily Agenda
Module 1: Warehouse and Stores Management
Day One: The Role of the Warehouse
- Why we need a warehouse
- What functions they cover
- How do they fit into the supply chain
- The balance between sorting and storing
- The location and capacity of warehouses
Product Classification
- Supply/demand variables
- ABC Analysis or the 80/20 rule
- Determining product handling groups
- Throughputs and product formats
Day Two: Layout Options
- Receiving options
- Storage options
- Picking/assembly options
- Dispatching options
- Using the floor and the height space
- Organising for flow
Methods and Equipment
Equipment required for lifting, storing and moving equipment available for specific layout options, including:
- Loading bays
- Selecting fork lift trucks
- Selecting racking
- Implications for warehouse layouts
- Operational timings and planning
- The use of IT within the warehouse
Day Three: Health and Safety
- Duty of care
- Inspections and risk assessments-task analysis
- Equipment maintenance and care
- Raising people's awareness.
Security and Loss
- Minimizing internal theft
- Minimizing external theft
- Preventative measures will be briefly discussed
Day Four: Productivity and Costs
- Fixed and variable costs
- Typical costs involved
- A model for understanding the roles of productivity, utilisation, and performance
- Setting productivity and cost targets
- The importance of having measurements and key indications of performance
Service Levels
As warehouses are a link in the total process of satisfying customers, this session will also examine:
- Internal and external customers
- Customer service measure
- Customer service sampling
- Effects of substandard service
- Minimising errors
Day Five: Warehouse Layouts and Productivity
- Different types of layout with advantages and disadvantages
- Planning for flow in the warehouse
- Calculations for storage
- Calculations for throughput and productivity
- Checklists to help on deciding the best option to take back to the participants’ workplace
Module 2: Inventory & Stock Control Management
Day Twelve: Inventory and the Supply Chain
- Inventory definitions and importance
- Inventory flow in the Supply Chain
- The Basic Rules of successful Supply Chain
- Supply Chain and Inventory dynamics
- Financial Management and Inventory
- Statistics application in Inventory Control
- Truths on Inventory visibility
Day Thirteen: Key Components to Understanding Effective Inventory Control
- End-User Demand Analysis
- Forecasting for Operations and Maintenance
- Understanding Supply Lead Time
- Cost & Benefits analysis
- Developing Inventory policies
- The need for Inventory in organizations
Day Three: Inventory Mechanics, Methods and Systems
- Basic mechanics of inventory systems
- Establishing Order Quantity
- Implications of Free stock in inventory
- Simple replenishment methods, for example, Min/Max
- Replenishment methods, Reorder Point and Reorder Level (ROP/ROL)
- Requirements planning systems, Bills of Material and inventory planning
- Class assignment inventory control methods
Day Four: Establishing Stock Control
- Establishing Stock Checking
- Developing Stock accuracy
- Stock tolerances and approvals
- Stock reconciliations/discrepancies
- Identifying Surplus and obsolescent stock
- Identifying different Storage conditions
- Understanding Stock coding
- Stock Variety reductions
Evaluating Inventory Performance
- Inventory Assessment
- Assessing the stock level
- Models for implementing inventory control
- Determining stock targets
- Establishing Inventory questionnaires
- Inventory KPI's in warehouses/stores
Day Seventeenteen: Understanding Inventory Strategies
- Creating Inventory Policy
- The role Stock Committee
- Understanding Critical stock
- Establishing the Use of squirrel stores
- Collaborative supply chains
- Incoterms and the supply chain rules
- Understanding Vendor Managed Inventory (VMI) and Co Managed Inventory (CMI)
- Developing the need for Consignment stocking
- Telemetry
- Information, Communication and Technology in Inventory Control
Inventory Improvements
- Using the Supply Chain
- Using the Theory of Constraints
- Practical inventory improvements
- Keys to reducing stock levels
- The 7 Rules for planning inventory
- Model for planning inventory
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
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Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].
