Executive Education - Managerial Programme
Effective Inventory Management
– Optimize Your Stock for Greater Efficiency and Cost Savings!
Effective Inventory Management
2-Day Programme
This programme on Effective Inventory Management equips participants with knowledge and techniques on cost-price analysis techniques and the ability to develop a cost-savings strategy.
Programme Information
Participants will understand the need for an effective inventory planning system, the various inventory models for industry uses, the type of inventory classification and strategies, as well as the key success factors of effective inventory management.
Programme Outline
This programme is facilitated by an expert Trainer who has acquired substantive experiences in cost control and effective cost management. The training session is expected to be lively and interactive, interspersed with relevant exercises on cost-savings strategy.
At the end of this programme, each participant will attain a Certificate of Competency.
- Programme Scope:
- Inventory Control and Cash Flow Management
- Periodic and Perpetual Inventory System
- MPS, MRP & BOM for Manufacturing Inventory
- JIT and Economic Order Quantity Model
- ABC Analysis and Kraljic Inventory Models
- VED and FSN Inventory Classification
- Supplier Managed Inventory Model
- Inventory Dropship Strategy
- Inventory Cycle Count and Audit
- Key Success Factors of Effective Inventory Management
- Practical Exercises on Inventory Planning and Control
Training Commitment
2-Day
Mode of Delivery
Classroom
Duration
9.30am - 5.30pm (UTC/GMT +8)
Programme Dates
Request for Brochure
Contact us at SIPMM Qualification if you want to know more!
Minimum 21 Years Old
$880
(PUBLIC)
$790
(MEMBERS)
Where is the venue?
This programme will be held at SIPMM, located on Level 2 of the Trade Association (TA) Hub.
