Training Inventory Management Techniques

Pelatihan / Training Inventory Management Techniques

Course objectives

To develop understanding of current best practice in inventory management.

Who should attend?

Delegates from inventory rich environments with responsibility for managing inventory and for setting up stores operations.

Course Outline

Module 1

Definitions of inventory The purposes of inventory Why manufacturers, asset builders, retailers and distributors hold inventory

The cost of holding inventory Where does inventory lie in the supply chain? Demand amplification in the supply chain and its effect on inventory cost Models for evaluating the true cost of inventory in a manufacturing business

Using ABC analysis to understand inventory holdings Undertaking ABC analysis of different types of inventory

The theory of dependent and independent demand The use of fixed lot ordering systems to manage independent demand items Defining Reorder point control Setting the reorder quantity, reorder level, and safety level and service level The economic order quantity theory How fixed lot ordering systems are deployed in practice

Module 2

Using Manufacturing resource and requirement planning (MRPI & II) to manage dependent demand requirements in the batch-building environment. How MRPI works Stock records Bills of materials Order set up mechanisms Setting up the master schedule How to implement MRP successfully Common difficulties for implementers Contract costing approaches Configuration control Dealing with reject and quarantine materials

How MRPII works How to implement it successfully Common mistakes made by implementers

The development of ERP as an adjunct to MRP JIT in the batch-building environment Contemporary approaches to driving inventory out of the supply chain Lean Supply Mass customisation, JIT, KanBan, Supply Chain Integration



  • Certificate, Quality Training Kit (Pencil case: Erase, Bolpoint, Pencil, Tipe X, Stabillo, Flash Disk 8 GB.
  • Bag (Public Training)
  • Training Material (Hand Out & Soft Copy)
  • Convenient training facilities in stars hotel (Public Training)
  • Lunch 1x and Coffee Break 2x / Day (Public Training)
  • Souvenir.
  • Gratis antar Jemput dari Bandara/Stasiun ( Khusus Yogyakarta )

General Notes

  • All our courses can be facilitated as Customized In-House Training course.
  • Course duration is flexible and the contents can be modified to fit any number of days.
  • As for Open Enrolment Courses, we offer our clients the flexibility to chose the location, date, and time and our team of experts who are spread around the globe will assist in facilitating the course.
  • The course fee includes facilitation, training materials, 2 coffee breaks, buffet lunch and a Certificate of successful completion of Training.
  • FREE Consultation and Coaching provid_pelatihaned during and after the course.