Over the two day session delegates will follow a fictitious case study company, completing exercises aimed at addressing the problems evident within the case company.

The training will encompass classical views and non-classical views of the inventory management function, interweaving a selection of modern concepts with an emphasis of getting the basic building blocks right to maximise returns. A selection of case studies will be included which focus on not only companies who got things right, but also some who got things wrong – past attendees have been particularly interested in such ‘pitfalls to avoid’ to increase their knowledge.

The training offers an interesting mix of theory, real-life examples, basic concepts, and modern approaches. The trainer aims to keep it real rather than overdoing formulas and academic theory, but at all times making sure we have the knowledge to back up key inventory decisions.

KEY TOPICS

− Highlighting and managing issues facing the Demand Planning & Inventory Management function

− Using the S&OP process to drive our master demand plan

− Prioritising the inevitable need for Demand Forecasting within our supply chains

− Maximising ROI by capitalising on Consignment and Vendor Managed Inventory (VMI) – Your instant route to profitability

− Zooming into the big trade-off: Inventory vs Service Level

− Utilising our suppliers’ expertise in the management of our inventory

KEY BENEFITS for delegates attending this event

− Determining which inventory management / replenishment strategy is most appropriate for your organisation in the current market scenario

− Gathering valuable information and utilising it to enhance the performance of your forecasting processes

− Reviewing slow-moving and dead stock from a whole new perspective which will help accelerate your decision on their disposal

− Re-visiting data during the products’ life cycle to determine if settings and parameters are still appropriate

− Working at the optimum inventory level allowing maximised customer service whilst controlling costs to maximise ROI and competitive advantage

Testimonials:

“An excellent course and a very good trainer. I'd give it a VSAT! (Very Satisfied). Make that another VSAT! Money well spent as far as I was concerned"

Escalation Engineer

Microsoft Dynamics, UK

“I have really enjoyed the 2 days training. Lindsay gives examples of what happened at different companies for almost all of the topics being discussed”

SCM Analyst

Philip Morris Singapore Pte Ltd

"Very good knowledge and practical experience. Thanks for the useful key learnings, I will share it with my team. I really enjoyed and appreciated the knowledge transferred during this training”

Senior Supply Manager

Boots Retail (Thailand) Ltd

“I gained a lot of knowledge from this session. The trainer's approach of sharing real-life mistakes of inventory key learning points is very effective and interesting"

Supply Chain Executive

Sarawak Shell Berhad (Malaysia)

"It was a great presentation and learning experience, and it made me think a lot to transform and continue to improve China HP service part supply chain operation."

Manager of Field Logistics & Materials (Global Delivery, TSG Services)

Hewlett-Packard, China