Training and development is one of the most important
aspects of human resource management. Nowadays, the concept has been termed as
learning and development, but the importance of the concept remains intact
nonetheless. Training and development is that field of human resource
management that is concerned with enhancing individual performance so that it
may benefit the organization as a whole. It focuses on any and all
organizational activity that can be used to better individual performance as
well as performance of groups in organizational settings so that the
productivity of the workforce experiences an increase which benefits the
organization as well. Training and development, as well as career management,
if used correctly by the organization, can yield very beneficial results for
the organization as well as giving employees a boost in their individual skills
for future use. One area of Whole Foods Market that will require employees to
be trained is inventory management.
Inventory management is the practice of specifying the
details of the goods stocked in inventory. These details include the like of
the size and placement of the goods stocked in inventory, etc. The subject also
focuses on inventory costs, lead times, price forecasting, space management,
asset management, demand forecasting, returned goods, inventory valuation, etc.
If these levels are managed correctly, it brings the company to one optimal
inventory level which is fulfills demand as well as being low in cost. With
regard to the Whole Foods Market, inventory management will require special
focus on ordering costs, shipping costs, handling costs, demand forecasting,
price forecasting, inventory valuation and related topics.
The best method of
inventory management training at Whole Foods Market would be classroom training
session, followed by slight on the job training to get the employee into
practice. Classroom training, here, can be a combination of several methods,
including straight lectures and practical exercises. Straight lectures can be
used to convey the basic concept of inventory management to the trainees. Since
inventory management is an area that requires at least basic knowledge of some
management topics such as supply chain management and accounting, therefore the
start of the training should be in lecture form. Practical exercises can be
utilized during the lectures, such as computing cost and optimizing the cost
and level of inventory, so that trainees get hands on knowledge of the concepts
they are studying.
Later, some on the
job training can be given by using the Job Instruction Technique method. This
method starts with planning the work to be done, which is a written breakdown
which makes clear what areas still need to be covered with the trainee. Second
is the presentation step, where the trainer gives the trainee a synopsis of the
job. This step also includes actual demonstration of the job by the trainee.
The trial step involves performance of the job followed by immediate feedback
by the trainer. Last is follow up, where the trainer keeps a check on the
trainees performance and monitors progress. The lecture method is beneficial
because it can effectively cover theoretical concepts where other methods
cannot, and can convey the trainers’ ideas more effectively. But it is said to
be time consuming and slow, as it requires trainees to be absent from the
workplace for longer periods of time. On job training gives employees hands on
experience, but if a mistake is made by the trainee, in the real workplace it
can have manifold effects on the whole organization
The best way to evaluate the effectiveness of the training
method would be through measurement of productivity before and after the
training. This method is chosen because of its ease and practicability of
results. If an employee’s productivity is measured before certain training,
then the training is provided and productivity measured afterward, it gives a
clear picture of how effective the training has been in enhancing employee
productivity and results. Training and development is an integral and vital
part of human resource management. It keeps organizations and their employees
up to date with the latest business practices and keeps their skills updated in
order to excel in the market. However, it is important to know what type of
training is appropriate when and for what, so that the training sessions have
optimal effects on the employee as well as organizational productivity.
To get more knowledge about this topic visit ourwww.videoexplainerz.com