Professional Training

Advanced Store Inventory & Warehouse Management: Practical Interview Preparation

25 ratings

Date: 19, 22, 24, 26 Feb & 01 Mar 2025

Time: 08:00 PM - 10:00 PM

Total Hours: 10

Class Schedule: Sat-Mon-Wed

Registration Deadline: 19 Feb 2025

No. of Classes/Sessions: Total 5 Sessions

Venue: Online (Live Class on Zoom)

What you will learn

To gain knowledge on Store Inventory and Warehouse Management

To understand how to smoothly and smartly work in SCM (Inventory)

To prepare confidently for interview questions related to inventory and warehouse operations

To know the implementation Tools & Techniques

Work will be accurate if you can apply these techniques

To understand key concepts and industry terminologies crucial for career success in SCM roles

Who should attend the program?

This course is designed for anyone interested in the store, inventory, and warehouse departments.
Fresh graduates or job seekers aiming to start a career in inventory and warehouse management.
Mid-level professionals looking to enhance their knowledge and skills in SCM, logistics, and warehouse operations.
Business owners or entrepreneurs managing inventory or supply chain processes in their organizations.
Educators or trainers wanting to deepen their understanding of inventory and warehouse management concepts.

Training content

Session 01: Inventory and Material Management

Inventory management/Store Management
Inventory Handle procedure (Received & Issue)
Types of Inventories
Reasons for keeping inventory
Inventory Safety Management (Inside & Outside)
The role of the Inventory Executive or Officer
Inventory Operations Procedure
Pareto 80/20 rule
Inventory Categorization (ABC, VED.)
The necessity of stocktaking and Methods and Accuracy of Stocktaking
How do we value inventory and its cost?
Costing Method (FIFO, LIFO, AVERAGE COSTING)
BIN Card, Dead Stock, Zero Inventory, Safety Stock, 5 S MSDS, KIZAN
Re-order level or ordering point or ordering level and its calculation
JIT (JUST IN TIME), EOQ., Lead time Management
Monitoring inventory movements
Inventory coding systems
Requirement Planning in Supply Chain
MRP, MRPII
Inventory Work Efficiency and Effectiveness
Inventory Lean & Agile Report, MSDS
Short Question: ERP, BIN Card, SOP, FIFO, LIFO, FEFO, HIFO

Session 02: Warehouse Management

What is Warehouse & Warehouse Function?
What Is Logistics
Basic of Bonded Warehouse
Automated Warehouse
Types of warehouses
Warehousing costing method
Principle of efficient material handling in the warehouse
Main Goals of the warehouse management operation
Warehouse efficiency and inventory health
SWOT Analysis of Warehouse & Store & Inventory

Session 03: Mastering Inventory & Warehouse Fundamentals for Interviews

Introducing Yourself
What is store, Core Work Of Store Dept.
What is Inventory?
What is warehouse
What is Raw Material?
What is Finished Goods?
Different Between Store & Warehouse
What is First Moving Inventory & What is Super First Moving Inventory?
What is Sub Inventory?
Material Received & Issue Process
Open Discussion (Why switch Your Current Job, Why are you sleeted this position)
What Is chemical & Chemical Received Procedure
What is spare Parts and Types of Spare Parts?
What is Logistics & Types of Logistics?

Session 04: Key Processes, Challenges, and Decision-Making in Store Management

Core Work (Store Keeper, Store officer, Store Sr Officer, Store Assistant Manager, and Store Manager)
Bulk Material received Process
Strength & Weakness
Store Work Challenge /Critical Situation of Store Dept.
Why switch to your Present Job
Re-Order Level Maximum level & Minimum Level
Safety Stock & EOQ
Lead time, Cycle Counting
Open Discussion
What is BIN CARD?

Session 05: Industry Best Practices, Advanced Concepts & Expert Insights for Career Growth

Cycle Counting
RM, WIP, PM, FG, MRR, GRR, GRN, SAP, ERP, WM, SCM, MSDS, TDS, SDS
KPI, LEAN, 5S, 6M, 6Sigma, KIZAN, Kanban
Board, ISO, GMP, MRP, MRP2, VMI, MBO, RFI, RFQ, RFP, RFT, PR
CS, VAT, CI, PI, AIT, ABC Analysis, VED
FSN, HML, JIT, Dead inventory, Zero Inventory
Lc, LCL, FCL, SKU.IOU, PDCA cycle, DMRR, PPE, Hazard, CAPX, OPEX, 3PL, 4PL, 5PL, 7R, FIFO, FEFO, LIFO

Instructor's Profile

Md. Hafijur Rahman

Md. Hafijur Rahman is a Store and Inventory Management professional, having around 13 years of experience in this field. His expertise may include Store and Inventory Operation, Material Planning, Local Procurement, Inventory Management, Delivery Management, Finished Goods Management, Warehouse Management, Logistics Management, Project Management, and Documentation and Reporting....

Mentor Details

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Student Feedback

Lovely!

Abdus Salam

অসাধারণ বিষয়, অসাধারণ পরিবেশনা ও ট্রেইনার...

Sonnet Dev

Thank you very much. I have learned many things which I did not learn in my 18 years of work experience!

Ratan Mahmud

This was great!

Md. Jamshed Alama

The training was practical and comprehensive!

Dr Abu Taher

The training was great!

Sazzat Hossain

I\'m fully satisfied!

Hossain Ahmed

Excellent training for me!

Nazrul Islam

I have gathered many new things from this training, and I think it will be helpful for me to grow up in my career.

Md. Rubel Sarker

It was an impactful and informative training!

Shuvojit Das

I learned a lot of tips and tricks from this lesson.

Habibur Rahman

The training slides were nice and well organized!

Md Sumon Mia

It was a nice training!

Md.Atiqul Islam

Good!

Chowdhury Rajib Mustafa

God trainer

ASIF UL ISLAM

Good session

Tanvir Ibn Mazed

The training topics are very effective and learnable. I have learned some new topics that will be very beneficial for my job in the future. Especially the mentor was very friendly. Thank you so much to my mentor and MAWbiz for arranging the nice training session.