Inventory management is one of the key pillars in storage and distribution processes within all companies, especially when dealing with damaged and slow-moving items. These items significantly impact the financial and operational performance of a company, leading to unnecessary costs, storage space shortages, and reduced logistics efficiency.

The British Academy for Training and Development offers a training course in Damaged Items (Defective), Stagnant and Slow-Moving Inventory in Warehouses, aiming to equip participants with practical skills and effective tools to handle these items in a scientific and organized manner.

The course aims to enhance warehouse professionals' capabilities in applying innovative strategies to minimize the impact of damaged and slow-moving items, maximizing storage space utilization. It will also cover various topics, including inspection and classification techniques, strategies for disposing of defective items, and inventory flow optimization methods to reduce the accumulation of slow-moving stock.

Who Should Attend?

• Warehouse and storage managers.
• Inventory and stock department staff.
• Logistics and supply chain management specialists.
• Inventory analysts and technical monitors.
• Procurement and supply department staff.
• Manufacturing and distribution workers.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Enhance skills in classifying damaged and slow-moving items.
• Improve the ability to apply effective strategies for managing defective and damaged inventory.
• Develop knowledge of inventory assessment methods and techniques to reduce slow-moving stock.
• Empower participants to adopt effective policies for the safe and efficient disposal of damaged items.
• Provide tools to improve inventory flow and increase storage operation efficiency.

• The Importance of Inventory Management in Enhancing Operational Efficiency
  • The strategic role of inventory management in organizational success
  • The financial impact of defective inventory on budget and cash flow
  • Effective inventory management foundations and methods
• Identifying Damaged and Defective Items
  • How to identify damaged items in inventory
  • The difference between damaged and slow-moving items
  • Identifying the root causes of damage
• Negative Effects of Damaged Items on Storage Operations
  • The impact of damaged items on storage space
  • How defective items affect production schedules
  • The cost of damaged and slow-moving items on profits
• Inventory Classification Methods for Defective Stock
  • Establishing criteria for identifying damaged and questionable inventory
  • Classifying items based on their degree of deterioration and damage
  • Classification standards for slow-moving and obsolete items
• Analyzing the Product Life Cycle
  • Studying product life cycles and periods of stagnation
  • Using data to classify items based on movement speed
  • Methods for identifying slow-moving items
• Continuous Monitoring and Analysis of Inventory
  • Using software to analyze movement and stagnation
  • How to determine key performance indicators for inventory
  • Using graphical analysis to monitor defective items
• Causes of Damage and Prevention Methods
  • Identifying root causes of inventory damage
  • Strategies to prevent future damage
  • Developing internal systems to reduce defective items
• Methods for Disposing of Defective Items
  • Safe disposal methods for defective items
  • Handling defective products according to legal standards
  • Phased strategies for disposing of defective items
• Improving Disposal Efficiency Through Technology
  • Using inventory management systems to enhance disposal processes
  • Applying technology in evaluating damage and identifying weaknesses
  • Managing defective items through electronic operations
• Methods for Improving Inventory Flow
  • Continuous improvement strategies for inventory movement
  • Managing inventory by controlling supply levels
  • The role of technology in enhancing inventory flow
• Reducing Slow-Moving and Obsolete Stock
  • Strategies to encourage faster movement of slow-moving items
  • How to reduce stagnation periods for inventory
  • Improving item flow through sales and distribution systems
• The Role of Demand and Supply in Effective Inventory Management
  • Forecasting demand to prevent accumulation of slow-moving stock
  • Smart supply strategies to avoid excess inventory
  • The importance of inter-department coordination for ensuring inventory flow
• Regular Inventory Evaluation Methods
  • Using methods like periodic audits and stock value assessments
  • Analyzing inventory movement to identify slow-moving items
  • Evaluating the effectiveness of inventory processes through accurate reports
• Tools for Measuring Inventory Management Effectiveness
  • Key performance indicators (KPIs) in inventory evaluation
  • Techniques for measuring damage and slow-moving items
  • Using software to generate accurate inventory reports
• Periodic Inventory Policy Review
  • The need for regular evaluation of inventory strategies to ensure proper distribution
  • Reviewing current systems in light of economic changes
  • Improving storage policies to reduce losses
• Setting Appropriate Policies for Defective Inventory Management
  • Building internal policies for managing damaged items
  • Establishing protocols for assessing and classifying stored items
  • Defining systems for managing defective item disposal
• Technological Tools Used in Inventory Management
  • The role of software in managing inventory and improving performance
  • Using data management systems to analyze inventory data
  • How analysis tools can predict slow-moving items
• Developing an Action Plan for Managing Slow-Moving Items
  • Creating a plan to accelerate the movement of slow-moving items
  • Policies to reduce losses from slow-moving inventory
  • Marketing and distribution strategies to eliminate stagnant stock
• Strategies for Dealing with Slow-Moving Products
  • Techniques for increasing the turnover of slow-moving items
  • Reclassifying and using slow-moving stock in innovative ways
  • Developing plans for liquidating discontinued products
• Redistributing Inventory Based on Need
  • How to effectively transfer slow-moving inventory to other locations
  • Coordination between logistics teams for proper distribution
  • Strategies for quickly liquidating slow-moving stock
• Enhancing Interdepartmental Communication for Improved Efficiency
  • The importance of coordination between sales and storage departments for better inventory flow
  • The role of effective communication in reducing stagnant stock
  • The importance of teamwork in making storage decisions
• Reviewing Adopted Policies and Procedures
  • Evaluating the effectiveness of policies applied to defective and slow-moving stock
  • Analyzing the long-term impact of these policies on inventory
  • Proposing improvements to current policies
• Final Inventory Evaluation and Identifying Improvement Priorities
  • Analyzing the data collected throughout the course
  • Identifying areas for improvement to focus on
  • Developing a comprehensive plan for continuous improvement in inventory management