CIWIM – Certified International Warehouse & Inventory Manager

Course Objectives

Upon completing this warehouse and inventory management certification, participants will be able to:

• Understand the different types of warehousing and inventory

• Use modern Warehouse Management System effectively

• Execute warehouse operations successfully

• Keep a systematic track of all inventory records

• Comprehend the principles of material handling

• Implement sustainable warehouse practices

• Manage uncertainties associated with inventories efficiently

Target Competencies

• Importance of Inventory and Warehousing

• Managing inventory uncertainties

• Inventory records management

• Warehouse functions

• Modern Storage Systems

• Warehouse performance management

• Sustainable warehouse practices

Course Outline

Module 1 – Introduction to Warehousing and Inventory

• Definition of Inventory

• Importance of Inventory and Warehousing

• Warehouse location

• Types of Warehouses

• Strategic Warehousing

• Distribution Centres and Cross Docking

• Role of Warehousing and Inventory Manager

Module 2 – Warehouse Operations

• Warehouse functions – Receipt, Inspection, Storage and Retrieval

• Warehouse Design and Layout

• Packaging and Shipping

• Safety and Security in Warehousing

• Legal and Regulatory Compliance

• Scrap Disposal

Module 3 – Materials Handling

• Principles of Material Handling

• Material Handling Equipment

• Unitization and Palletization

• Automation in Warehousing-Pick-to-light, Put-to-light, Use of Robots

• Modern storage systems

Module 4 – Inventory Management

• Types of Inventory

• Costs Associated with Inventory

• Economic Order Quantity (EOQ)

• Limitations of the EOQ Approach

• Selective Inventory Control Techniques like ABC, VED, FSN etc.

• Vendor Managed Inventories

Module 5 – Managing Uncertainties

• Uncertainties associated with Inventory

• Lead time – internal and external

• Service level

• Re-order level

• Buffer stock

• Replenishment systems

Module 6 – Managing Inventory Records

• Inventory Record Keeping

• Stock Counting methods

• Managing Discrepancies and Surplus

• Managing Obsolescence

• Inventory Valuation – FIFO, LIFO, Weighted Average etc.

Module 7 – Managing Warehouse Performance

• Measuring Warehouse Performance – Key Metrics

• Managing Outsourced Warehouses

• Warehouse Management System

• Warehouse Communications

• UPC

• RFID

• Risk Management in Warehousing

Module 8 – Sustainability in Warehousing

• Sustainability – The Triple Bottom line

• Sustainable Warehouse Practices

• Health, Safety and Environment

• Energy Efficiency

• Reverse logistics