Inventory Management

By attending the modern 16hr seminar , participants will learn how to optimize inventory levels, evaluate opportunities to reduce holding costs, achieve the desired customer service levels of internal and external customers, minimize errors rates and operate according to international quality and traceability standards

More information

About this course

Seminar Analysis

  • Introduction
  • What is Inventory Management?
  • Why is Inventory Management important?
  •  Why Keep Inventory?
  • How much inventory should we keep?
  • The cost of not keeping enough inventory
  • The Financial effects of keeping stock
  • What type of inventory should we hold and where should we hold it in the Supply Chain
  • The role of the Inventory Manager
  • Warehouse and Stock operations
  • Inventory Movement control
  • The measurement and valuation of the Inventory
  • Receiving and issuing the relevant documents
  • Stock replenishment Systems
  • Order quantity
  • Order time
  • Forecasting & Modelling
  • Lead Time Management
  • ERP Systems and Inventory
  • Inventory Forecasting Techniques
  • Inventory Planning
  • Service Level Policies
  • Inventory Categorization Techniques
  • Traceability and Variety Reduction
  • Inventory Coding Systems
  • Insurance
  • Terms for Debenture and Loan Security
  • The Inventory Management Plan - Inventory Performance Analysis and Reporting
  • Planning for Disaster Recovery and compliance with Insurance and Debenture terms

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More General Description - Monitoring Benefits

This Seminar examines the Operational and Strategic Management of stock and the role of Inventory Management in improving the competitiveness of the business. It explains the most important parameters related to Inventory Management, from warehouse design and operation, demand forecasting and standardization to the evaluation of Inventory Management Practices and finally the creation of the Inventory Management Plan.


This Open Seminar will help Executives to:


  • Forecast Inventory Requirements
  • Plan and manage Warehouse Operations
  • Increase Traceability and Standardization
  • Create the Inventory Management Plan
  • Optimize Stock Levels

Effective Inventory Management  is fundamental to reducing capital tied up in goods and materials. Participants will be able to optimize inventory levels, evaluate opportunities to reduce holding costs and the number of suppliers, understand how to achieve the desired customer service levels of internal and external customers, minimize error rates and to operate according to international quality and traceability standards.

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Conduct

The webinar is conducted via the Zoom platform


The webinar is conducted online, as part of the 33rd study cycle of  Certificate in Supply Management  program



Discounts:


10% for members of the Hellenic Procurement Institute (HPI)


10% for the participation of 2 executives of the same company


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Webinar - Administration & Inventory Management

8, 13, 15  & 20/11 18:00 - 21:15

Online - Zoom meetings

Greek

Participation Cost: €360 VAT

Group Rates - Discounts

ionicons-v5-j

10% Discount => €324+VAT

< 20% Έκπτωση =>€288+VAT

EIP members,

10% Discount

=> €324 VAT

SPEAKER: Antonis Vossos

Technical Director MBM Hellas

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