Inventory Management and Control Workshop

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)
ASCM is an unbiased partner, connecting companies around the world with industry experts, frameworks and global standards to transform supply chains.