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Inventory and warehouse management affect a business on a number of le=
vels. Excessive inventories tie up money, take up valuable space and are=
prone to damage and shrinkage. Too little inventory reduces service lev=
el and loses customers. Disorganised and untidy warehouses increase oper=
ational costs and reduce customer service levels. A poorly run warehouse=
makes a company less competitive, which may cause it to go out of busin=
ess or fail to dominate its marketplace. This workshop will enable =
participants to understand how apply the four key aspects of inventory a=
nd warehouse management, namely:
Optimising inventory levels
Buildin=
g an inventory management plan
Designing and managing warehouse operatio=
ns
Traditional vs smart warehouse
I'm pleased to inform you that we'v=
e been granted permission by SkillsFuture Singapore to resume classroom-=
based training since June 2020. Strict safe distancing measures will be =
in place at our workshops. Although we're allowed to hold classes for up=
to 50 participants, we'll be keeping our class sizes small (capped at u=
nder 50% capacity) to make the learning environment safe for our partici=
pants, trainers and employees at the site. Participants will be seated a=
t their own table, and there will be ample safe distancing of at least 1=
m between tables. Participants will also receive their meals as individu=
ally packed bentos to be consumed in the room to avoid inter-mingling wi=
th other groups.
Key topics:
Introduction
What is inventory manage=
ment=3F
Efficient inventory management position in the working capital c=
ycle
Why keep inventory=3F
Financial implications of holding inventory
=
The role of the Inventory Manager
An IoT solution for retai=
l industry
Case study
Warehouse and Inventory Operations
Mon=
itoring movements
Inventory as money
Inventory operations: issue and re=
ceipt of inventory, key performance indicators
Main types of inventory r=
eplenishment systems
Case study
Managing and Forecasting Inventor=
y
Pull vs push system
Demand forecasting
Sensing demand
Lead-time=
management
Collaboration unlocks improvements for all involved
Automat=
ic ordering system
Case study
Inventory Planning
Categorisin=
g inventory using ABC analysis
Inventory management action plan
W=
arehouse Planning
Objectives of warehouse management
Warehouse desi=
gn
Warehouse layout
Cross-docking distribution centres
Materials handl=
ing and equipment
Warehouse technology investments
Traditional vs smart=
warehouse
IoT-enabled smart warehouse – virtual warehouse - overv=
iew
5S
Video
Who Should Attend
Warehouse executives, st=
orekeepers, stock-takers, inventory control planner, purchaser, producti=
on planner, expeditors, freight forwarders, shipping executives, buyers,=
supervisory executives in production control stores, materials, stores,=
inventory, e-commerce, omnichannel, warehouse and distribution fu=
nction
Trainer: Mr Michael Ong (click here for profile)
Date : T=
hursday, 29 July 2021
Venue : Carlton Hotel, 76 Bras Basah Road
Time : =
9:00am to 5:00pm (Registration starts at 8:45am)
Fee : $398 per pa=
rticipant (inclusive of Course Materials, Stationery, Lunch and 2 x Tea-B=
reaks)
To sign up for the workshop, please register online&nbs=
p;so that we may reserve a seat for you. Once we have received your reg=
istration details, we will send you a confirmation email along with an i=
nvoice to facilitate your payment.
Since 2007, TAKX Solu=
tions has trained more than 14,500 participants from over 6,000 organisa=
tions with our range of GST, tax, finance, risk management and internati=
onal trade documentation workshops. In the coming weeks, Takx Solutions =
will be conducting the following workshops:
=
=
=
=
=
=
=
=
=
=
=
=
Taxation
Withholding Tax on 23=
Jul (Fri)
Mastering the Basic & Intermediate Concepts of GST on 28 =
Jul (Wed)
GST: Zero-Rating for International Services & Exports on 1=
7 Sep (Fri)
How to Complete IR8A & IR21 on 7 Oct (Thu) - conducted b=
y our sister company KC Academy, please visit www.kcacademy.com.sg&n=
bsp;for details
Finance / Accounting =20
Effective Credit C=
ontrol & Debt Recovery on 23 Jul (Fri)
Introduction to Data Analytic=
s for Accountants with Power BI on 27 Jul (Tue)
Introduction to Process =
Automation for Accountants with Power Query on 26 Aug (Thu)
Preparing Un=
audited Financial Statements on 26 Aug (Thu)
International Trade Docum=
entation & Logistics
Understanding Pitfalls in LC Transactions on =
23 Jul (Fri)
The Basics of Import/Export & International Trade on 18=
Aug (Wed)
How to Handle Export LCs & BLs: Understanding the ISBP 74=
5 & Clarifications to UCP 600 on 25 Aug (Wed)
Understanding Incoterm=
s 2020 on 27 Aug (Fri)
Understanding the Essentials of Letters of Credit=
on 24 Sep (Fri)
Understanding Logistics & Supply Chain Management o=
n 15 Oct (Fri)
Finance for Non-Finance
Understanding Financial St=
atements for Non-Finance Personnel on 28 Jul (Wed)
Effective Costing &am=
p; Budgeting Management on 25 Aug (Wed)
Financial Management for Non-Fin=
ance Personnel on 22 Sep (Wed)
Effective Foreign Currency Management on =
10 Sep (Fri)
Effective Cash Flow Management, Budgeting & Analysis on=
6 Oct (Wed)
Webinars
=
For those of you who prefer to learn in the safety and comfort of you=
r home/office, we'll continue to offer selected webinars and will be con=
ducting the following in the coming weeks:
Understanding Incoter=
ms 2020 on 20 Aug (Fri)
Understanding the Essentials of GST on 8-9 Sep (=
Wed-Thu)
=
=
=
=
=
=
=
=
=
=
=
To find out more about these workshops=
and to download the registration forms, please visit www.takx.com.s=
g
In the mean time, if you have any enquiries, I'll be glad to ans=
wer them on tel: 6293 9068.
Looking forward to your participation =
in our workshop!
Jay Goh TAKX Solutions Pte LtdTel: 6293 90=
68We've moved! We're now located at: 960 Dunearn Road #06-25Singapor=
e 589486WEBSITE: http://www.takx.com.sg
Note: To un=
subscribe from this mailing list, please reply to this message and indica=
te UNSUBSCRIBE in the subject header.
--=_9TeYKsJq2QgleVfOybXHKdh23HFSRwDVk-tTdSmwXfQf-e1y
Content-Type: text/html; charset=iso-8859-15
Content-Transfer-Encoding: quoted-printable
<div lang=3D"x-western">
<p><span style=3D"font-size: small;">Inventory =
and warehouse management affect a business on a number of levels. Excess=
ive inventories tie up money, take up valuable space and are prone to da=
mage and shrinkage. Too little inventory reduces service level and loses=
customers. Disorganised and untidy warehouses increase operational cost=
s and reduce customer service levels. A poorly run warehouse makes a co=
mpany less competitive, which may cause it to go out of business or fail=
to dominate its marketplace. This workshop will enable participants=
to understand how apply the four key aspects of inventory and warehouse=
management, namely:</span></p>
<ul>
<li><span style=3D"font-size: sma=
ll;">Optimising inventory levels</span></li>
<li><span style=3D"font-siz=
e: small;">Building an inventory management plan</span></li>
<li><span s=
tyle=3D"font-size: small;">Designing and managing warehouse operations</s=
pan></li>
<li><span style=3D"font-size: small;">Traditional vs smart war=
ehouse</span></li>
</ul>
<p><span style=3D"font-size: small;">I'm pleas=
ed to inform you that we've been granted permission by SkillsFuture Sing=
apore to resume classroom-based training since June 2020. Strict safe di=
stancing measures will be in place at our workshops. Although we're allo=
wed to hold classes for up to 50 participants, we'll be keeping our clas=
s sizes small (capped at under 50% capacity) to make the learning enviro=
nment safe for our participants, trainers and employees at the site. Par=
ticipants will be seated at their own table, and there will be ample saf=
e distancing of at least 1m between tables. Participants will also recei=
ve their meals as individually packed bentos to be consumed in the room =
to avoid inter-mingling with other groups.</span></p>
<p><strong><span s=
tyle=3D"font-size: small;">Key topics:</span></strong></p>
<p><span styl=
e=3D"font-size: small;"><strong>Introduction</strong></span></p>
<div>
=
<ul>
<li><span style=3D"font-size: small;">What is inventory management=3F=
</span></li>
<li><span style=3D"font-size: small;">Efficient inventory m=
anagement position in the working capital cycle</span></li>
<li><span st=
yle=3D"font-size: small;">Why keep inventory=3F</span></li>
<li><span st=
yle=3D"font-size: small;">Financial implications of holding inventory</sp=
an></li>
<li><span style=3D"font-size: small;">The role of the Inventory=
Manager </span></li>
<li><span style=3D"font-size: small;">A=
n IoT solution for retail industry</span></li>
<li><span style=3D"font-s=
ize: small;">Case study</span></li>
</ul>
</div>
<div>
<p><span style=
=3D"font-size: small;"><strong>Warehouse and Inventory Operations</strong=
></span></p>
<div>
<ul>
<li><span style=3D"font-size: small;">Monitori=
ng movements</span></li>
<li><span style=3D"font-size: small;">Inventory=
as money</span></li>
<li><span style=3D"font-size: small;">Inventory op=
erations: issue and receipt of inventory, key performance indicators</spa=
n></li>
<li><span style=3D"font-size: small;">Main types of inventory re=
plenishment systems</span></li>
<li><span style=3D"font-size: small;">Ca=
se study</span></li>
</ul>
</div>
<div>
<p><span style=3D"font-size: =
small;"><strong>Managing and Forecasting Inventory</strong></span></p>
<=
div>
<ul>
<li><span style=3D"font-size: small;">Pull vs push system</sp=
an></li>
<li><span style=3D"font-size: small;">Demand forecasting</span>=
</li>
<li><span style=3D"font-size: small;">Sensing demand</span></li>
=
<li><span style=3D"font-size: small;">Lead-time management</span></li>
<=
li><span style=3D"font-size: small;">Collaboration unlocks improvements f=
or all involved</span></li>
<li><span style=3D"font-size: small;">Automa=
tic ordering system</span></li>
<li><span style=3D"font-size: small;">Ca=
se study</span></li>
</ul>
</div>
<div>
<p><span style=3D"font-size: =
small;"><strong>Inventory Planning</strong></span></p>
<div>
<ul>
<li>=
<span style=3D"font-size: small;">Categorising inventory using ABC analys=
is</span></li>
<li><span style=3D"font-size: small;">Inventory managemen=
t action plan</span></li>
</ul>
</div>
<div>
<p><span style=3D"font-s=
ize: small;"><strong>Warehouse Planning</strong></span></p>
<div>
<ul>
=
<li><span style=3D"font-size: small;">Objectives of warehouse management=
</span></li>
<li><span style=3D"font-size: small;">Warehouse design</spa=
n></li>
<li><span style=3D"font-size: small;">Warehouse layout</span></l=
i>
<li><span style=3D"font-size: small;">Cross-docking distribution cent=
res</span></li>
<li><span style=3D"font-size: small;">Materials handling=
and equipment</span></li>
<li><span style=3D"font-size: small;">Warehou=
se technology investments</span></li>
<li><span style=3D"font-size: smal=
l;">Traditional vs smart warehouse</span></li>
<li><span style=3D"font-s=
ize: small;">IoT-enabled smart warehouse – virtual warehouse - over=
view</span></li>
<li><span style=3D"font-size: small;">5S</span></li>
<=
li><span style=3D"font-size: small;">Video</span></li>
</ul>
</div>
</=
div>
</div>
</div>
</div>
<div>
<p><span style=3D"font-size: small;"=
><strong>Who Should Attend</strong></span></p>
<p><span style=3D"font-si=
ze: small;">Warehouse executives, storekeepers, stock-takers, inventory =
control planner, purchaser, production planner, expeditors, freight forw=
arders, shipping executives, buyers, supervisory executives in productio=
n control stores, materials, stores, inventory, e-commerce, omnich=
annel, warehouse and distribution function</span></p>
</div>
<p><strong=
><span style=3D"font-size: small;">Trainer: <a href=3D"https://www.t=
akx.com.sg/trainers/michael-ong.html">Mr Michael Ong (click here for prof=
ile)</a><br /></span></strong></p>
<p><strong><span style=3D"font-size: =
small;">Date : Thursday, 29 July 2021<br /></span></strong></p>
<p><span=
style=3D"font-size: small;"><strong>Venue : Carlton Hotel, 76 Bras Basah=
Road</strong><strong><br /></strong></span></p>
<p><span style=3D"font-=
size: small;"><strong>Time : 9:00am to 5:00pm (Registration starts at 8:4=
5am)</strong><strong> </strong></span></p>
<p><span style=3D"font-s=
ize: small;"><strong>Fee : $398 per participant (</strong><strong>inclusi=
ve of Course Materials, Stationery, Lunch and 2 x Tea-Breaks)</strong></s=
pan></p>
<p><span style=3D"font-size: small;">To sign up for the worksho=
p, <strong>please </strong><strong><a href=3D"https://www.takx.com.s=
g/components/workshops/understanding-logistics-and-supply-chain-managemen=
t.html" target=3D"_blank">register online</a> </strong>so that=
we may reserve a seat for you. Once we have received your registration =
details, we will send you a confirmation email along with an invoice to =
facilitate your payment. </span></p>
<div lang=3D"x-western">
<div=
lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-western">
=
<div lang=3D"x-western">
<p><span style=3D"font-size: small;">Since 200=
7, TAKX Solutions has trained more than 14,500 participants from over 6,=
000 organisations with our range of GST, tax, finance, risk management a=
nd international trade documentation workshops. In the coming weeks, Tak=
x Solutions will be conducting the following workshops:</span></p>
<div=
lang=3D"x-western">
<div lang=3D"x-western">
<div lang=3D"x-western">
=
<div lang=3D"x-western">
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<div lang=3D"x-weste=
rn">
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western">
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<div lang=3D"=
x-western">
<div lang=3D"x-western">
<p><strong><span style=3D"font-siz=
e: small;">Taxation </span></strong></p>
<ul>
<li><span style=3D"f=
ont-size: small;">Withholding Tax on 23 Jul (Fri)</span></li>
<li><span =
style=3D"font-size: small;">Mastering the Basic & Intermediate Concep=
ts of GST on 28 Jul (Wed)</span></li>
<li><span style=3D"font-size: smal=
l;">GST: Zero-Rating for International Services & Exports on 17 Sep (=
Fri)</span></li>
<li><span style=3D"font-size: small;">How to Complete I=
R8A & IR21 on 7 Oct (Thu) - conducted by our sister company KC Academ=
y, please visit <a href=3D"https://www.kcacademy.com.sg/">www.kcacad=
emy.com.sg</a> for details</span></li>
</ul>
</div>
<div lang=3D"=
x-western"><span style=3D"font-size: small;"><strong>Finance / Accounting=
</strong><br /> </span>=20
<ul>
<li><span style=3D"font-size: sma=
ll;">Effective Credit Control & Debt Recovery on 23 Jul (Fri)</span><=
/li>
<li><span style=3D"font-size: small;">Introduction to Data Analytic=
s for Accountants with Power BI on 27 Jul (Tue)</span></li>
<li><span st=
yle=3D"font-size: small;">Introduction to Process Automation for Accounta=
nts with Power Query on 26 Aug (Thu)</span></li>
<li><span style=3D"font=
-size: small;">Preparing Unaudited Financial Statements on 26 Aug (Thu)</=
span></li>
</ul>
<p><strong><span style=3D"font-size: small;">Internati=
onal Trade Documentation & Logistics</span></strong></p>
<ul>
<li><=
span style=3D"font-size: small;">Understanding Pitfalls in LC Transaction=
s on 23 Jul (Fri)</span></li>
<li><span style=3D"font-size: small;">The =
Basics of Import/Export & International Trade on 18 Aug (Wed)</span><=
/li>
<li><span style=3D"font-size: small;">How to Handle Export LCs &=
; BLs: Understanding the ISBP 745 & Clarifications to UCP 600 on 25 A=
ug (Wed)</span></li>
<li><span style=3D"font-size: small;">Understanding=
Incoterms 2020 on 27 Aug (Fri)</span></li>
<li><span style=3D"font-size=
: small;">Understanding the Essentials of Letters of Credit on 24 Sep (Fr=
i)</span></li>
<li><span style=3D"font-size: small;">Understanding Logis=
tics & Supply Chain Management on 15 Oct (Fri)</span></li>
</ul>
</=
div>
<p><strong><span style=3D"font-size: small;">Finance for Non-Financ=
e</span></strong></p>
<ul>
<li><span style=3D"font-size: small;">Unders=
tanding Financial Statements for Non-Finance Personnel on 28 Jul (Wed)</s=
pan></li>
<li><span style=3D"font-size: small;">Effective Costing & =
Budgeting Management on 25 Aug (Wed)</span></li>
<li><span style=3D"font=
-size: small;">Financial Management for Non-Finance Personnel on 22 Sep (=
Wed)</span></li>
<li><span style=3D"font-size: small;">Effective Foreign=
Currency Management on 10 Sep (Fri)</span></li>
<li><span style=3D"font=
-size: small;">Effective Cash Flow Management, Budgeting & Analysis o=
n 6 Oct (Wed)</span></li>
</ul>
</div>
</div>
</div>
</div>
</div>
=
</div>
</div>
</div>
</div>
</div>
</div>
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</div>
</div>
</div>
</div>
<div lang=
=3D"x-western">
<div lang=3D"x-western"><strong><span style=3D"font-size=
: small;">Webinars</span></strong></div>
<div lang=3D"x-western">
<div =
lang=3D"x-western">
<p><span style=3D"font-size: small;">For those of yo=
u who prefer to learn in the safety and comfort of your home/office, we'=
ll continue to offer selected webinars and will be conducting the follow=
ing in the coming weeks: </span></p>
<ul>
<li><span style=3D"font-=
size: small;">Understanding Incoterms 2020 on 20 Aug (Fri)</span></li>
<=
li><span style=3D"font-size: small;">Understanding the Essentials of GST =
on 8-9 Sep (Wed-Thu)</span></li>
</ul>
</div>
</div>
</div>
</div>
=
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<p><span style=3D"font-size: small;">To find out more about these wo=
rkshops and to download the registration forms, please visit <a href=
=3D"http://www.takx.com.sg/" target=3D"_blank">www.takx.com.sg</a> <=
/span></p>
<p><span style=3D"font-size: small;">In the mean time, if you=
have any enquiries, I'll be glad to answer them on tel: 6293 9068. =
</span></p>
<p><span style=3D"font-size: small;">Looking forward to your=
participation in our workshop!</span></p>
<p><span style=3D"font-size: =
small;"> </span></p>
<address><span style=3D"font-size: small;">Jay=
Goh</span></address><address><span style=3D"font-size: small;"> </s=
pan></address><address><span style=3D"font-size: small;">TAKX Solutions P=
te Ltd</span></address><address><span style=3D"font-size: small;">Tel: 62=
93 9068</span></address><address><strong><span style=3D"font-size: small;=
">We've moved! We're now located at: </span></strong></address><addr=
ess><span style=3D"font-size: small;">960 Dunearn Road #06-25</span></add=
ress><address><span style=3D"font-size: small;">Singapore 589486</span></=
address><address><span style=3D"font-size: small;">WEBSITE: <a href=3D=
"http://www.takx.com.sg/" target=3D"_blank">http://www.takx.com.sg</a>&nb=
sp;</span></address></div>
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<div lang=3D"=
x-western">
<p><strong><span style=3D"font-size: small;">Note: To unsubs=
cribe from this mailing list, please reply to this message and indicate U=
NSUBSCRIBE in the subject header.</span></strong></p>
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