|
Inventory Management Techniques: Planning, Replenishment and Activities Control
USD 6,000 |
Venue: Rwanda
These inventory management techniques will improve your inventory turnover ratio and transform frozen assets into cash. This workshop will teach participants on how to explore the latest inventory management methods for saving money, satisfying customers and speeding up the flow of inventory.
Content
The Strategic role of Inventory Management
- Inventory Management
- Inventory Cycle/Supply Chain
- Inventory Management Strategy
- Measurements for Inventory and other associated costs
Front-End Optimizing of Inventory levels
- Optimum Inventory levels
- Forecast Demand for Inventory
- Calculate Demands from forecasting models
- Calculate safety stock
Just-in-Time and Inventory Process Improvement
- JIT System
- Benefit of a JIT System approach
- Reducing Inventory carrying costs
Systems for Inventory Planning and Replenishment
- Various types of replenishment techniques
- Average Inventory level
- Lead time on Inventory level
- Surplus/Obsolescent Inventory
- Material Requirement Planning (MRP) method
Inventory Accuracy and Audits
- Inventory Control and Accuracy
- Physical Inventory vs. Cycle counting
- Work-in-process Inventory Audit
- Using A.B.C. Analysis
For Whom:
Stores Purchasing and Logistics Personnel in the Public and Private Sectors
Training Methodology
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
Rwanda | Jul 22 - 26 Jul, 2024 |
USD 6,000.00 | (The Workshop fee is $6000 (Six Thousand USDollars) only per participant to cover workshop literature and materials, executive bag, tea/coffee, lunch, photograph and certificate.) |
Chris Onwuasigwe, FCA – 08033045484 08033045484
Tags: |
Inventory Management Techniques: Planning Replenishment and Activities Control Nigeria Ghana Rwanda UK USA 2024 |