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(33) HOW TO DESIGN, SET-UP & IMPLEMENTAN INVENTORY MANAGEMENT &CONTROL SYSTEM
KUALA LUMPUR l 26-27 November 2007 (new date)
Effective
inventory management plays a crucial role in the smooth and
efficient running of any organization. Reducing excess inventory and
investing in the right inventories leads to better customer service,
better inventory turnover—and a healthier bottom line.
This course will equip you with the fundamental tools and techniques you need to analyze and control inventory— from cost-cutting techniques to day-to-day management and the latest developments in inventory handling.
KEY
BENEFITS OF ATTENDING
WHO MUST ATTEND Purchasing Managers, Executives & Officers, Store Managers & Supervisors, Sales & Marketing Executives, Material & inventory Controllers, Warehousing / Logistics/ Distribution Managers, Account Executives, and others who are interested to improve the inventory control system in their companies.
COURSE OUTLINE Inventory
Planning Techniques ·
Management goals, policies and objectives ·
Control mechanism ·
Recording, monitoring, feedback and adjustment ·
Inventory system and organization ·
Understanding the types of inventory Inventory
Control Techniques ·
Reorder points, min/max applications ·
EOQ application ·
Sales order plan and BOM application ·
Types of inventory costs
Safety
Stock ·
How to determine safety stock level ·
Customer service level ·
Leas time calculations ·
Demand accuracy Inventory
Forecasting
·
Forecasting methods ·
Use of forecasting tools to management inventory ·
Forecasting responsibility and adjustment Inventory
Stock Taking ·
Inventory record accuracy ·
Inventory audit ·
Cycle counting method
Treatment
of Delinquent Stocks ·
Obsolescence and write-off ·
Slow moving inventory Inventory
Performance Measurement ·
Inventory turns ·
Setting targets ·
Monitoring and update (includes inventory tracking for
outstanding and goods in transit) How
to Install an Inventory System ·
Use of software ·
Evaluation and selection · Reporting system
YOUR EXPERT COURSE LEADER
Allan Ang is a senior trainer and consultant specializing in Purchasing, Warehousing, Inventory Management, Logistics & Operation Management and Supply Chain
Management.
He has more than 25 years of working experience in manufacturing, store, logistics, supply chain and material management with several multi-national companies. He conducts regular workshops and in-house programs relating to Production and Inventory Control, Store, Warehousing, Supply Chain Management for companies in Singapore, Malaysia, Indonesia, Thailand and China. He is also a seasoned resource speaker at regional conference and international meetings.
Allan has been involved with international purchasing, multi million dollar negotiations, contracts, cost reduction exercises, inventory planning and controlling, warehousing and distribution functions.
Organizations which have benefited from Allan’s training expertise include Jusco Jaya Sdn Bhd, Singapore Manufacturer’s Federation, Maruwa Sdn Bhd, Matsushita Electric Asia Pte Ltd, PT Total Mega Inovatif Progress, Purchasing & Supply Chain Management Association of
Thailand, Mac
Works Sdn Bhd and First Silicon Sdn Bhd.
Allan currently serves as President for the Institute of Industrial Engineers Singapore and the Institute of Engineering Technologists. He is also a fellow of the Institute of Logistics and
Transportation (UK).
COURSE FEES RM1,495 per person
TEAM DISCOUNT (For organisations sending 3 or more participants) RM1,295 per person
REGISTRATION DEADLINE 1 week before each scheduled date. |
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75 High Street #05-01, Singapore 179435 236-2nd Floor, Campbell Shopping Complex,
Jalan Dang Wangi, 50100 Kuala Lumpur |
© APIMD 2007. All Rights Reserved.