Inventory Management Training: 2 Days

Inventory Management Training Course Inventory Management Training
By Peak Success Abundance
Inventory Management:

Managing Material and Inventory Performance

“Designed to deliver knowledge and techniques of managing material and inventory to support supply chain activities.”

By Peak Success Abundance


HRDF Registered Training Provider
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Contact Customer Service +603-4270-3064
+6016-5488-336
Email Customer Service [email protected]
Course Title:
Managing Material and Inventory Performance
Training Category:
Business Management
Duration:
2 Days
Target Audience:
Purchasing Team Members, Managers, Executives
For In-house Training
Request for Quotation Request for Quotation
For Other Inquiries
Contact Peak Success Abundance
Contact customer service +603-4270-3064
+6016-5488-336
Email customer service [email protected]
Delivery Methods
  • Language: English
  • PowerPoint Presentation
  • Workshop
  • Group Discussion
  • Presentation Handouts
  • Reading Materials
  • Participant Presentation
  • Video Presentation
  • Lecture
  • Case Studies
  • Certificate of Participation
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*Terms & Conditions

Course Introduction ›

Effective material management can only occur with the parallel support of effective inventory management. Inventory invested should give the maximum contribution to all company business operation and this can happen with excellent inventory management system.

This is a two-day training program, is designed to deliver knowledge and techniques of managing material and inventory to support supply chain activities in a business organization.

Course Objectives ›

At the end of the course, participants will be able to:

  • Distinguish the types of inventory in business
  • Understand the concept of perpetual inventory and periodic inventory
  • Learn and apply the 10 Key Performance Indices to help monitor inventory performances
  • Identify and Grasp the key process of material management
  • Appraise the current inventory and material management system in place and apply learning to improve condition

Course Outline ›

DAY 1

INTRODUCTION TO INVENTORY

  • Type of inventory
  • Periodic Inventory
  • Perpetual Inventory
  • Impact of Inventory to Businesses

INVENTORY MANAGEMENT SYSTEM

  • Key principal of inventory management
  • ABC Analysis
  • Conducting cycle count and stock audit

KEY PERFORMANCE INDICES (KPI)

  • Function of Inventory KPI
  • The 10 type of KPI for inventory
  • Method of calculating the key performing indices
  • Stock valuation techniques
DAY 2

INTRODUCTION TO MATERIAL MANAGEMENT

  • Goal of material management
  • Objective of material management

PROCESS OF MATERIAL MANAGEMENT

  • Basic element of material management
  • Key functional area

MATERIAL MANAGEMENT STRATEGIES

  • Performance management
  • Vendor managed inventory
  • Cost saving and reduction techniques
  • Managing Risk and identify the risks in material management

BRAIN STORMING SESSION AND CASE STUDIES

  • Case study on inventory management
  • Case study on Material management
  • Brain storming session on issues

Contact us now ›

  • Course content customization
  • In-house training request
  • Available public program
  • Consultation services
  • Other inquiries
Contact Customer ServiceCall : +603-4270-3064, +6016-5488-336
Email Customer Service E-mail : [email protected]

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