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Advanced Forecasting And Inventory Management

0 person is attending    0 Views    Supply chain/Logistics    ₦105000   

OBJECTIVE:

Organizations are much more healthy and productive when they have effective warehouse and inventory operations that provide superior customer services and protect availability.  By the end of this workshop participants will be able to:

* Forecast demand an control lead time

* Reduces inventory movement and surplus

* Classify, count, reduce inventory and eliminate wasteful costs.

 

CONTENT:

*Forecast Overview

· Forecasting that works

· New rules for effective inventory control

· Integrating inventory plans with business plan

· Forecast Accuracy measurements

 

*Creating useful Inventory Forecasts

· Projections for capacity and load planning

· Alipining systems settings with inventory projections

· Monitoring inventory flow against the forecast

 

*New Roles for Inventory Control Personnel

· Effective Expediting

· Developing Logical Ordering Strategized

· Reviewing every item, every day in a weekly work plan

 

*Distribution Requirements Planning (DRP)

· Supply chain management

· Impact of warehousing activities

· Benchmarking world class inventory management system

 

*Advanced Inventory Control Strategies

· Evaluation of price breaks

· Automating replenishment orders

 

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 participants will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.



What you'll learn By the end of this workshop participants will be able to forecast demand an control lead time, Reduces inventory movement and surplus.
Seats Remaining 15
Venue Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor) Opposite Adekunle BRT Bus-stop, Yaba - Lagos.
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Starts On 18 Jul 2017
Ends On 21 Jul 2017
Registration Closes 18 Jul 2017



Trainer

Alpha Partners
Member since: 5 months ago
Alpha Partners is a staff training and development company headquartered in Lagos, Nigeria.

Pay ₦105000 for this Training

Training Cost ₦105000
VAT (0%) ₦0
Total Cost ₦105000
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