Inventory Management Workshops

The way we handle inventory today is more important than ever.  Too often inventory is seen as a liability and not an asset.  Properly handling this important asset is a crucial part of our ability to plan and execute effectively.  We often find ourselves with too little or too much inventory or, worse yet, not having the RIGHT  inventory.

This highly interactive series of five half-day workshops is geared toward helping you to develop and implement valuable techniques for managing this critical asset.  Each workshop includes hands-on exercises and will provide participants with valuable information and tools to improve handling inventory within your organization.  At the conclusion of this  program, you’ll be able to practically apply the strategies and techniques you learned within your own workplace!

WORKSHOPS

Basics of Inventory Management:  Topics include: Inventory Management Systems, Cost Associated with Inventory Systems, Quantitative Methods of Inventory Management, and MRP.

Cycle Counting:  Topics include: What is Cycle Counting, Benefits of Cycle Counting, Requirements, Deciding What to Count and When, Reconciling Differences, and Reporting Results.

Distribution Inventory Management:  Topics include:  The Distribution Network Model, Objectives of Distribution, Distribution Activities, Replenishment Methods, and Just-in-Time/Lean Trends.

MRP and Bills of Material:  Topics include: What is MRP, Benefits of Using MRP, Requirements for MRP to work, Bills of Material, planning factors, assumptions we make, and the MRP Process. 

Physical Inventory:  Topics include:  Preparing for and Conducting a Physical Inventory, Reconciling Differences, Reporting Results, and Physical Inventory Tricks, Traps, Problems, & Solutions.

Check our Training Calendar for courses and dates.