Inventory Management and Control Workshop

 

January 19, 2021
10:30 AM - 1:30 PM
Add to Calendar

 

Live-Virtual Webinar

Raleigh, NC
Directions

 

APICS Triangle's Inventory Management and Control workshop will cover the below topics conducted in 2 sessions spread over 2 weeks, each session of 3 hours duration.  Class sessions are 10:30a - 1:30p, 1/19, and 1/26. 

Levels of inventory Management 
Characteristics of Inventory in the Supply Chain
Strategic Inventory Management Process
Strategic Inventory Management Issues
Balancing Demand and Supply Objectives
Inventory – Conflicting Objectives
Inventory Trade-Off Decisions
Inventory Demand Flows
Supply Chain Inventory and Demand FlowsInventory DynamicsDefining Cycle Inventory, Safety Inventory , Seasonal Inventory
Inventory Costs (Unit, order, carrying costs etc)Cost of stock outs
ICapacity-Related Costs .
Inventory Valuation
Surplus/Obsolete Inventory
Transportation Cost 
Measuring Inventory Performance 
Cost-Benefit Trade-OffComponents of Inventory Management
Replenishment Review Interval 
Continuous Versus Periodic Review
Inventory Replenishment Principles
Replenishment Ordering Techniques
Visual Review Technique 
Two Bin System Technique 
Periodic Review System Technique
Order Point Technique
Calculating the Safety Stock 
Determining the Order Quantity 
Order and Inventory Carrying Cost Components 
Determining the Economic Order Quantity 
Replenishment Planning Process 

Additional Inventory Replenishment Techniques 
Supplier Lead Time Uncertainty 
Time-Phased Order Point (TPOP)
Replenishment by Item Class 
Inventory Performance Measurement
Financial Statements and Inventory
Inventory Values, Turns, and Ratios
Inventory Performance 
ABC Inventory Control 
Impact of Inventory Inaccuracy and Inventory Accuracy Tool Kit
Three P’s of Inventory Control
Transaction Management
Periodic and Perpetual Inventory Review

Tickets

$159.00 Member price (2 sessions of 3 hours each session)

$179.00 Non-Member price (2 sessions of 3 hours each session)