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Essentials of Modern Storekeeping

Theme

One sees frequent waste of executive time and labor due to delays in retrieval of stocks, deterioration of stocks, mismatches in quantities, damage during handling or storage, poor planning of replenishment, etc. Storekeeping is a custodian’s job, but in many organizations it lacks in efficiency because the concerned personnel lack knowledge of the processes and their importance.

The stores executive has to be proficient and knowledgeable in materials accounting, physical storage and handling, transport and related procedures, relevant tax and duties, and aware of computerized working of stores. Only sound and accurate materials account can allow reliable planning of purchase or production. Prompt issues of required materials to production, maintenance or projects depend on organized stowage and accurate identification of the stocks and right type of handling equipment. Stores function would often interface with transporters or operate transport contracts, so they should be aware of the processes, practices and market conditions in the transport trade. In receipt and dispatch documentation it is vital that the stores executive has fundamental knowledge of taxation and related requirements. Lastly, in computer age knowledge of how the computerized system works cannot miss the storesman. The program caters to this need by covering the transaction cycle for stores with stage by stage function of the computerized system.

According to industry, type of operation or type of stock item special situations are faced by stores executive. The program specifically deals with them which would widen perspective of the participants. It also has an additional input on basic know-how of replenishment planning for regular stock items.
 

Program Schedule: Day 1: 9-00AM to 5-15PM+

Introduction

Participants and faculty introduce themselves and issues of participants interest are listed

 Warehousing as an essential support function

Need of storekeeping, stores activities, types of stores, warehouses, transshipments, distribution centers, godowns, yards, automated stores, point of use stores, changing scope of stores with lean manufacturing practices, organization of stores.
 

Stock accounting and basic documentation

Types of transactions, how they add up and account, types of stock discrepancies and adjustments, systems of codification for items and transaction for accounting, cycle counting systems, basics of excise, local taxes, octroi
 

Basics of transportation

Modes of transport, basics of road, rail, water and air transport, transport packaging, loading and unloading, modern systems, concept of staging, nature of basic transport contract, full load and parcel services, couriers, transit insurance and related precaution in receipt, modern systems of tracking and tracing
 

Physical store keeping

Basics of space utilization, layout for better utilization of space as well as labor, importance of location and identification tagging, various means of visual identification, Barcodes and RFID tags, preservation of certain materials, safety precautions
 

Q & A

Discussions on specific queries raised by participants
 

Program Schedule: Day 2: 9-00AM to 5-15 PM+

Special storekeeping situations

Managing expiry of product, bulk receipt and discrepancy in quantity, loss of materials in storage, precious or high value stocks, bulk handing systems, stocks of repaired products, storage and disposal of scrap, bonded stores, project stores, insurance spares, cold storage, dark rooms, Kit storage
 

Replenishment planning

Exercise of planning followed by basics of commonly used systems of replenishment planning for common items like production raw materials and components, consumables, general stores, finished product, engineering items
 

Materials handling and storage system

A slide show to give participants a total perspective of variety of systems used on different scales across the world to develop a perspective Stories of improvement in warehouse efficiency by application of technology, better inventory and service management, value added services with discussions
 

 Computerized stores

Demonstration of computerized working of the stores transactions and accounting, prospects of automation and interfaces with the stores system, Put-to-light & Pick-to-light systems, operations of unmanned stores
 

Q & A

Discussions on specific queries raised by participants
 

 

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Supply Chain Management for Top Managers | Supply Chain Management – Concepts and Application | Best Practice Inventory Management |
Toolkit of a Purchasing Executive | Materials Management - In Senior Manager's Perspective | Cost Management in Supply Chain – techniques & strategies | Essentials of Modern Storekeeping Management | Technology Management – the basics workshop | Scientific Spare Parts Management for maintenance |
Science & Art of Negotiations for Industrial Buyers & Sellers | Competent Industrial Purchasing - How to build and run the purchasing function |
Calculated Price Negotiations | International Logistics for Import and Export | Basics of Law and Indirect Taxes        

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