Training Inventory and Stock Control Management

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Training Inventory and Stock Control Management

Training Goals :

The purpose of this seminar is to:

  • Enable delegates to evaluate current procedures
  • Examine how lead time builds up
  • Change methods of managing inventory.
  • Provides those practical skills that will eliminate wasteful costs, whilst, improving service / availability.
  • Avoid those internal problems that limit performance.
  • Understand and implement the “world class” tools for managing inventory in the supply chain.

Objectives

This seminar will help you learn how to:

  • Appreciate that time is cash
  • See that movement to the customer is all that adds value
  • Work with all of the supply chain players pays
  • Look “outside of the box”
  • Use the appropriate Inventory methods
  • Apply the 8 Rules for Effective Supply Chain Management
  • Apply the 9 box Matrix for Effective Inventory

Training Methodology

  • Delegate discussion and involvement
  • Case studies
  • Exercises
  • Best practice examples
  • Supportive comprehensive course manual enabling practical application and reinforcement

Organisational Impact

  • Examine the link of inventory in the company supply chain operations and activities
  • Analyse the key areas of operation
  • Identify and understand key performance indicators
  • Succeed in improving operations
  • Apply the right cost and service balance
  • Gain a competitive advantage

Personal Impact

  • How to analyse stock and inventory
  • How to make productivity improvements
  • Understand the role of inventory in the supply chain
  • Balancing cost and service requirements
  • A framework for continual improvement
  • Best in class practices

Who Should Attend?

  • Those new to managing inventory
  • Those non inventory people who need to gain an awareness of the issues and key drivers of stock control operations
  • Inventory, Stock, Supply Chain, Logistics, Warehouse and Distribution Professionals

Programme Outline

1 – Inventory and the Supply Chain

  • Inventory definitions and importance
  • Inventory in the Supply Chain
  • The Supply Chain Rules
  • Supply Chain and Inventory dynamics
  • Inventory and Finance
  • Inventory and Statistics
  • Truths on Inventory

2 – Inventory Key Concepts

  • Key Component: Demand Analysis
  • Key Component: Demand Forecasting
  • Key Component: Supply Lead Time
  • Key Component: Cost & Benefits
  • Inventory polices
  • Inventory in organizations

3 – Inventory Replenishment Methods and Systems

  • Basic mechanics of inventory systems
  • The stock time curve
  • Order Quantity
  • Free stock
  • Simple replenishment methods, for example, Min/Max
  • Accurate replenishment methods, for example, Reorder Point and Reorder Level (ROP/ROL)
  • Truths on Replenishment
  • Requirements planning systems, for example, Materials/Manufacturing Resource/Requirements Planning (MRP / MRPII)

4 – Stock Control and Inventory Performance

  • Stock Checking
  • Stock accuracy
  • Stock tolerances and approvals
  • Stock reconciliations / discrepancies
  • Surplus and obsolescent stock
  • Preservation options
  • Storage conditions
  • Stock coding
  • Variety reductions

Evaluating Inventory Performance

  • Inventory Assessment
  • Assessing the stock level
  • Models for implementing inventory control
  • Determining stock targets
  • Inventory questions
  • Inventory KPI’s in warehouses/stores

5 – Inventory Strategies

  • Inventory Policy
  • Stock Committee
  • Critical stock
  • Use of squirrel stores
  • Forecast or order driven?
  • Collaborative planning forecasting and replenishment (CPFR)
  • Collaborative supply chains
  • Incoterms
  • Vendor Managed Inventory (VMI)
  • Consignment stocking
  • Co Managed Inventory (CMI)
  • Call offs
  • Telemetry
  • ICT
  • Outsourcing

Inventory Improvements

  • Using the Supply Chain
  • Using the Theory of Constraints
  • Practical inventory improvements
  • Keys to reducing stock levels
  • The 7 Rules for planning inventory
  • Model for planning inventory

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Kami memberikan alternatif Fasilitas atas Investasi anda dalam Program ini, diantaranya :

  1. Sertifikat, Peralatan Training, USB, Souvenir, Lunch, Coffe Break, City Tour
  2. Running minimal 2 Orang (Semarang, Jogja, Solo), Running minimal 3 Orang (Bandung, Jakarta), Running 4 Orang diperuntukan untuk daerah (Bali, Lombok, Manado, Balikpapan)
  3. Kami menyediakan transportasi antar Jemput dari Stasiun/Bandara ke Tempat Pelatihan(Hotel) bagi perusahaan yang Running minim 2 Orang
  4. Harga dilampirkan di Brosur Penawaran

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Tambahan Informasi :

1. Silahkan tanyakan ketersediaan Tanggal dan Waktu dari jadwal training terbaru apabila anda tidak menemukan waktu yang sesuai dengan jadwal anda.

2. Training dapat disesuaikan dengan kebutuhan perusahaan jika dalam bentuk In-House Training. Silahkan baca ketentuan In-House Training diwebsite kami atau hubungi kami di Nomer Mobile untuk mendapatkan Fast Respon.

3. Silahkan mengisi Form Request Training di website kami untuk mendapatkan informasi tambahan yang belum ada, atau jika anda ingin menanyakan usulan materi sesuai kebutuhan perusahaan. Hubungi kami lewat email yang tertera atau Register disini!

4. Apabila telah menerima Silabus Training, Customer dapat Request Waktu Training yang diinginkan.

5. Informasi dan Data yang jelas akan memudahkan kami untuk segera merespon permintaan anda.

Customer Dapat Request Tempat, Waktu, serta Fasilitas Training. Silahkan Hubungi kami untuk Menerima Brosur Penawaran.

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