Measuring Warehousing Costs: Reengineering the Process & Realigning Strategies

MEASURING WAREHOUSING COST: Reengineering the Process & Realigning Strategies 16 & 17 JANUARY 2012, GRAND MILLENNIUM HOTEL, KUALA LUMPUR INTRODUCTION Warehousing is an important link in the total supply chain efficiency. While its importance is understood, many are still in the dark on how to measure its efficiency, specifically, cost efficiencies. Costs will be incurred in operating a warehouse. In most cases these costs are quite obvious like; rental, labor, energy, insurance, etc., but there are costs that are not that clear to many. These are costs that are hidden from most financial analysis and subsequently the effectiveness of it. Costs are very different between a manual process and a computerized system. Traditionally, many warehouses are very manual process oriented. While this is changing to computerized systems, it is done at a very slow pace. A Warehouse Management System, not only provide the impetus to cost efficiencies, it also provides benefits to process improvements, supply chain efficiencies and improve overall management of inventories. WMS may sound rosy, but the costs will have to be looked at. Does it justify investment in such a system? This and various other cost elements are addressed in this program PROGRAM BENEFITS Upon completion of the training program, participants are expected to achieve the following benefits: • Understand the functions, processes and operating fundamentals of a warehouse • Develop complete and comparable warehouse costs • Better understanding of warehouse costs • A standardized costing methodology • Justify cost elements and benefits of investment in computerized systems PROGRAM OBJECTIVES The program is designed to address all cost issues relating to the management of a warehouse, be it a small family run outfit or sophisticated 3PLs. It imparts knowledge on cost elements and measurement methods that need to be looked at. A major objective is to show how the process costs may be changed with investment in technology and process reengineering, while objectively keeping an 'eagle's eye' on cost of such a change. Besides, the program enables a company to assemble the full costs of their warehouse by following a warehouse costing model PROGRAM OUTLINE DAY 1 FUNCTIONS OF A WAREHOUSE • Incoming materials receipt • Identification, tagging, coding • Storage, layout and location systems • Materials Handling • Picking & Packing • Staging • Traffic and distribution • Inventory Management & Control • Stocktaking WAREHOUSE COSTS • Direct Handling Costs - Costs associated with warehouse labor - Costs associated with handling equipment - Other handling expenses • Direct Storage Expense - Facility - Storage Equipment - Facility Modification - Utilities - Other expenses • Operating Administrative Expense - Labor related - Office related - Systems - Losses, damages, shortages, errors - Others DAY 2 • General Administrative Expense - Salaries - Office - Operations • Handling Expense - Calculating handling expense per man-hour • Storage Expense - Calculate storage expense • Process Costs - Calculating process costs • Total Warehousing Costs - Cost ratios - Warehouse Activity Based costing - Productivity improvement through equipment cost measures • Technology in the warehouse - Warehouse Management Systems TRAINER PROFILE Mano Haaran has immense experience and knowledge in the Supply Chain and Training environment. He brings along 21 years of direct managerial logistics & supply chain working experience, ranging from a large multi-million dollar organization to small and medium sized companies, and more then 18 years of training experience in these areas. He holds Masters in Business Administration (MBA) USA, an Advanced Diploma in Business Administration, UK, and various certificates in logistics and supply chain management. Currently, he is pursuing his Ph D.  He acquired substantial, practical and invaluable work experience in challenging situations, in the warehouse, purchasing, inventory management, stock auditing, materials part numbering & coding, project management, etc. Initially, he worked for a large organization and later for a number of small entrepreneurial organizations acquiring sufficient knowledge and exposure of the total logistics and supply chain management. These exposure and experience prompted him to start his own consulting, training and! systems development company that specialized in the logistics and supply chain management.  Haaran, has been an entrepreneur, strategist, speaker and consultant. His consultation includes supply chain and logistics efficiency, productivity improvement, total cost management, warehousing, inventory management, materials coding, standards and process documentation, systems development, purchasing negotiation, to improve and troubleshoot situation at workplace. His landmark consulting experience was designing of materials part numbering and coding systems, preparation of standards, policies and procedures for a large rail network. In the course of his work assignments he is constantly faced with crisis and disaster situations that have never been addressed by companies. He works with these organi! nations to address critical issues, resolve disruptive and sometimes life threatening situations and advice on business continuity plans. WHO SHOULD ATTEND Executives and managers from Warehouse, Operations, Distribution, Finance, Costing, Marketing, Accounts, Logistics & Supply Chain   2 Days training @ RM1200 per delegate Early bird discount (valid till 11 of January 2012) RM1150 per delegate 10% discount for 3rd and subsequent registration Online Registration REGISTRATION FORM •  2 days event @ RM1200.00 per delegate   (HRDF CLAIMABLE) •  Early bird discount (valid till 11 of January 2012)    RM1150.00 per delegate •  10% discount for 3rd and subsequent registration Method of payment: Crossed Cheque / bankdraft to be made payable to "Supervisory Management And Resource Training" and courier to B-13-5 Megan Avenue II, 12 Jln Yap Kwan Seng, 50450 Kula Lumpur. Cancellations & Substitutions: All cancellations of registrations must be made in writing. If cancellations received one week before the event i.e. 12 January 2012 you will be entitled to a 50% refund. Due to contractual commitments no refund. will be made after 12 January 2012, however a complete set of documentation will be sent to you. Substitution are welcomed at anytime. Note: It may be necessary for reasons beyond control, to change the content and timing of the event, speaker(s) or venue, every effort will be made to inform the participants of the change. * Please note that payment must be received within 5 working days upon issuance of invoice. Fax in your registration before Wednesday, 11 January 2012 to enjoy the early bird discount. Registration closes on Friday, 13 January 2012. Fax No : 603 21665621/ E-mail : kalai@smart-my.com (Measuring Warehousing Costs: Reengineering the Process & Realigning Strategies) Company: _________________________________________ Address: _________________________________________ Tel / Fax: _________________________________________ Email: _________________________________________ Contact Person: _________________________________________ Designation: _________________________________________ Participant 1: _________________________________________ Designation & Email: _________________________________________ Participant 2: _________________________________________ Designation & Email: _________________________________________ Participant 3: _________________________________________ Designation & Email: _________________________________________ The Invoice Should be Directed to Mr / Ms (Dept): Name: _________________________________________ Nature of Business: _________________________________________ Name of Authorising Manager: _________________________________________ Title: _________________________________________ Department: _________________________________________ ________________________________________________ Signature & Company Stamp Supervisory Management And Resource Training B-13-5, Megan Avenue II, Jalan Yap Kwan Seng, 50470 Kuala Lumpur. Tel: 603 2166 4587 Fax: 603 2166 5621 Website: www.smart-my.com Subscribe to our FREE Newsletter & Event Alert - Sign Up now! Unsubscribe from mailing list