Date: Tue, 15 Apr 2008 12:00:40 -0600 From: "Institut CF" <activite@formationint.com> To: "freebsd-docs@freebsd.org" <freebsd-docs@freebsd.org> Subject: Vice President Message-ID: <HEIMDALL4ac8f587c3de4267a83c5d2800c175ba@HEIMDALL>
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Inventory and Stock Management - Effective Inventory management plays a crucial role in the smooth and efficient running of any organisation. Reducing excess inventory and investing in the right inventories leads to better customer service, better inventory turnover, and a helthier bottom line. » OVERVIEW : Reconcile conflicting goals of various departments within the company with regard to stock management; Optimize inventory management by aiming for cost-reduction while minimizing risk of shortages; Removing excess or out-of-date stock to free up storage space; Assessing your company's inventory management performance. » TARGET AUDIENCE : Inventory Managers, Shipping Staff, Warehouse Managers, Production Directors, Buyers, Operation Directors, Distributors and Manufacturing Companies. » Employee Training: Handing out a written procedure does not constitute employee training. It is important to set a training schedule to go through all of the procedures with groups of employees. Take whatever time is necessary to ensure they have a thorough understanding of the procedures. Make it clear that the procedure document is the only way to perform the task. If you did your job correctly in defining the processes and documenting the procedures you shouldn't run into many surprises during the training. » CONTENT : 1. Introduction: Types of inventory and their functions 2. The Supply Chain : Conflicts between company departments re: functions Global Optimization versus Local Optimization Conflicts involving stock management Conflict resolution 3. Inventory Management Models : Product Classification - Pareto Law, ABC The Fixed-Interval Purchasing Model The Continuous Purchasing Model : Bulk ordering Immediate receiving Staggered receiving Order Cycles Rebates based on quantity Min-max Random Demand Model Safety Stocks, Shortages Single-use Model (perishable goods and articles with short or fleeting life-cycle) Ordering Stations Dealing with overstock and out-of-date stock 4. The run-down on Just-In-Time 5. Inventory Costs : Purchasing costs Storage and holding costs Order entry costs Shortage costs 6. Inventory Storage : Techniques: positioning stock, storage equipment Labeling: bar codes, RFID Addressing Handling Manual counts 7. Assessing Inventory Management Methods Assessment Criteria Benchmarking, Best Practices, Performance Indicators, Score Cards WHEN AND WHERE: Toronto Metropolitain: The 17th-18th of June, 2008 Park Plaza Hotel 33, Carlson Court, Toronto, Ontario To sign up or for further information, please contact us at 1-800-861-6618 Expert in Business Management and Advanced Technologies.
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