SCM1709 | Supply Chain Inventory & Stock Control Management

Start End Duration Venue Fees
26 Jan 2020 06 Feb 2020 2 Weeks Abu Dhabi $6,900 Register
16 Feb 2020 27 Feb 2020 2 Weeks Alexandria $6,400 Register
16 Mar 2020 27 Mar 2020 2 Weeks Bali $8,000 Register
20 Apr 2020 01 May 2020 2 Weeks Barcelona $7,900 Register
18 May 2020 29 May 2020 2 Weeks Bangkok $7,500 Register
21 Jun 2020 02 Jul 2020 2 Weeks Dubai $6,900 Register
06 Jul 2020 17 Jul 2020 2 Weeks Kuala Lumpur $7,300 Register
17 Aug 2020 28 Aug 2020 2 Weeks Singapore $8,000 Register
27 Sep 2020 08 Oct 2020 2 Weeks Cairo $6,400 Register
11 Oct 2020 22 Oct 2020 2 Weeks Sharm Sheikh $6,800 Register
09 Nov 2020 20 Nov 2020 2 Weeks Istanbul $7,300 Register
07 Dec 2020 18 Dec 2020 2 Weeks Cape Town $9,000 Register


PROGRAM'S BACKGROUND


This program offers a comprehensive coverage of the storage and supply of materials from elementary principles and methods to the most sophisticated automated operations. It aims at providing real solutions to all the problems encountered by most stores staff and will assist those who wish to build a successful career in an integrated materials management function. The program is for those who want to understand and implement the essential tools for managing Inventory in the supply chain. Participants are shown how to evaluate procedures and make needed changes to methods to improve customer service whilst achieving reductions in inventory; eliminate wasteful costs; avoid internal problems that limit performance; obtain added value for money.

PROGRAM'S OBJECTIVES


This Program’s Attendees Will Be More Able To:

›       Explain the nature of the inventory and management job

›       Describe the steps and procedures in inventory management

›       Identify types of warehouses

›       List different management information systems

PROGRAM'S ATTENDEES


›       Inventory, Stock, Supply Chain, Logistics, Warehouse and Distribution

›       Supervisors and Managers

›       Owners, Operators and Directors of companies who hold sock and inventory

›       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

PROGRAM'S OUTLINE


THE SUPPLY CHAIN DEFINITIONS, HISTORY & KEY ASPECTS

›       Definitions

›       History and development

›       Key aspects

›       Befits of supply chain approach

RELATIONSHIPS & MATERIAL FLOWS IN THE CHAIN

›       Integrating the supply chain

›       Lead-times

›       Customer service

›       Adding value

›       Tradeoffs

›       Power of information

›       Sharing and collaboration in the supply chain

PRODUCT CLASSIFICATION

›       Supply /demand variables

›       Dependent and independent demand

›       Patterns of demand

›       ABC Analysis or the 80/20 rule

›       Product coding

INVENTORY COSTS & SERVICE

›       Why hold stock?

›       Inventory costs

›       Service levels from inventory

›       Cost/service trade offs

›       Understanding Lead time

›       Lead time variability and uncertainty

›       Inventory and statistics

HOW MUCH STOCK SHOULD BE HELD?

›       Stock time curve

›       Determining the Reorder level

›       Determining the Reorder point

›       Carrying safety stock

›       Fixed and variable time periods

›       Fixed and variable order quantities

REPLENISHMENT METHODS FOR INDEPENDENT DEMAND

›       When to order

›       How much to order

›       Economic order quantities

›       Two bin methods

›       Minimum - maximum methods

›       Comparing continuous review and periodic review methods

OTHER REPLENISHMENT METHODS

›       When to order for dependent demand

›       How much to order for dependent demand

›       Materials planning (MRP and MRPII)

›       For spare parts

DEMAND FORECASTING

›       Sales forecasts

›       Statistical forecasts

›       When forecasting is easier

›       When forecasting is harder

STOCK CODING

›       Different methods

›       Understanding of all involved

›       Checklists to help on deciding the best option

STOCK RECORDING

›       Separation of powers

›       Legal issues

›       How do we get inaccuracies?

STOCK CHECKING

›       Roles and responsibility

›       Requirements

›       Job Descriptions

›       Authority levels

›       Tolerances and approvals

›       The program

›       Options

›       Reconciliations / discrepancies

MODEL FOR PLANNING INVENTORY

›       Managing inventory by value and by volume

›       Questions to ask about inventory

›       Model for inventory planning

ADDITIONAL DETAILS




Pioneers is a registered trademark © 2008-2018
Material published by Pioneers shown here is copyrighted.
All rights reserved. Any unauthorized copying, distribution, use, dissemination; downloading, storing in any medium, transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.
P.O. Box 11111,
Ibn Al-Hakam Square, Helmyat El-Zaytoon, Cairo, Egypt
Tel: 002 01117866099 | 01117864455, Email: info@pioneerscenter.com
 

Benefits to Organization

1. The candidates will become competent, effective and productive on their jobs. This training program is useful for:
        · Competency building where existing employee is promoted or planned to be promoted.
        · Technical knowledge, skills and competencies.
        · Needs and expectations of the stakeholders/ customers both internal and external.
        · Opportunities to exceed stakeholder/ customer expectations.
2. Create a pool of trained manpower that can cost-effectively spread the knowledge to large number of employees inside the organization.
3. Our facilitators often act as mentors for your trained employees and thus provide a most effective way to ensure effective competency development and application by your motivated staff.
4. We adopted a one-to-one approach that can provide more room for your employees to work at their own pace and address individual needs more freely.

Benefits to the Individuals

1. The candidates will gain a multi-discipline understanding of the subject matter.
2. Have an individual action plan to take away that will help the candidates make a difference in their organizations. This will add value to the expertise and experience of the candidates’.
3. Be more able to enhance job satisfaction and reduce wasted time and effort.
4. Ensure that the candidates will know and appreciate the strategic imperatives that drive the organization's efforts in their relevant job area.
5. Be more able to align your roles and job requirements with the organization’s mission and vision.
6. Be more able to meet your deadlines and tasks and successfully complete any scorecard in a timely fashion.

Additional Benefits

1. Good & best industry practices.
2. Checklist approach for ease of understanding and practical application.
3. Latest technologies including information technology, quality assurance and methodology.
4. Quality assurance and quality improvement incorporated in each program.
5. One-to-one approach and small groups will lead to learner-centered environment.
6. Experienced and qualified instructors both academically and in practice.
7. Customized programs to meet and suit individual training needs.
8. Letters of recommendation for the exceptional performers.

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