Managing Inventory for Improving Business Performance
Date: 05/09/2014 Ramee Grand, Pune
Overview It is of interest to enterprises to examine the operational and strategic issues of inventories and the role of inventory management in improving the competitiveness of an enterprise. Your managers should be able to explain & bring about a change in the most important practical aspects associated with inventory management by evaluating inventory practices and building an inventory management plan of action.
Efficient management of inventory, wherever it accumulates, is an essential part of the reduction of an enterprises working capital requirements.
Learning Objectives Describe what inventory management is and the reasons why it is important to manage its inventory Describe the impact of inventory on the financial health Describe the main issues and approaches to reducing inventory levels Critically review a companys inventory management operations and formulate an action plan for its improvement based on key performance measures Workshop Outline
Module 1 Module 2 Module 3 Module 4 Essentials of Inventory Management Inventory Operations Inventory Planning Inventory Control Why is inventory management important Financial implications of holding inventory Demand Forecasting Lead time management Importance of variety reduction
Service Level & its impact on inventory Inventory Classification systems Inventory Management Plan Systems of Inventory Replenishment How much to order & when to order
The workshop is designed and delivered in highly interactive sessions which will - make participants to think through discussions and brainstorming - participants will work on individual/group simulations and exercises
Programme Facilitator: Mr. Pinak Kulkarni
Pinak, a Gold Medalist in Operations Management, is a Purchasing & Supply Chain focused Business Performance Improvement practitioner of multiple improvement philosophies, tools and techniques.
He has a long, extensive & global experience in Manufacturing Industry, Supply Chain & Technology Consulting and Training.
He works in the domains of Supply Chain Management, Supply Management, Inventory Management, Supply Strategy, Lean Manufacturing, Risk Management, New Product Introductions, and Project Management etc.
In the past, Pinak has delivered training programmes on - Supply Chain Management, Supply / Materials Management, Lean, Inventory, Project Management, Supply Strategy, New Product Development, Risk Management etc.
Some of the companies who have attended the programmes are
Programme Investment:
Participation Fees Company Sponsored Individual Attendees 8000.00 * 7000.00 * The fee is inclusive of taxes, training material, lunch, tea/coffee etc.
For Registration, early bird discount, group discounts and more details Write to us at info@enablersbss.com or call on 9987545180