Inventory Management

Course Introduction:
Many organizations seem to underestimate the importance of Training Co-coordinators &
Administrators. In truth, both roles are links ensuring training and or development activities.
solve the performance gap in effectively and cost-effectively manner. With that in mind, this Enhancing
the Skills of Training Coordinators & Administrators training course has been specifically designed to
present the key attributes, skills, and knowledge to develop a competent approach to the role.

Our Course has been designed to cover the following:
• How to develop the Training Coordinators’ & Administrators’ competence
• How to influence management in allowing new skills to be practiced
• The changing needs of business and illustrating /demonstrating results
• The most appropriate learning styles for individuals
• Training needs analysis, design, validation, and evaluation techniques
• The training and development cycle
Course Objectives:
Upon completion of this course, the participants will be well-known for the following items:
• Analyze how Training & Development contribute to business performance
• Reposition Training & Development by adopting a measured approach
• Examine administration systems and techniques
• Develop a profile for the Training Coordinator & Administrators role
• Apply a new 4-quadrant analysis model for individual performance issues
• Be able to apply the 10 steps in the training cycle
• Consider action planning for your return to work including training requirements

Who Should Attend?
This course is designed for:
• Technical professionals wishing to revalidate their knowledge and understanding
when conducting training
• Training Administrators, who are in regular contact with individuals or line
managers involving performance improvement
• Professionals who wish to assess new approaches for Training Coordinators and
Administrators.

Course duration: 20 hours

Course Outline:
Introduction
• warehouse & supply chain
• warehouse fundamental
• Physical product flow
• inbound & outbound concept
• Managing many levels of tiers in product flow
• Main definition in supply chain
• Levels of planning
• Objective of strategy plan in procurement
• Bullwhip effect
• Main challenge in supply chain and warehouse
• Relation between responsive & cost
• Product life cycle
Case study
Inventory control
• What are Inventories?
• Reasons for Inventories
• Inventory Management Philosophies
• Classification of Inventories
• How to classify inventory
• ABC classification
• Different kinds of classification
Workshop & case study
Inventory cost
• Ordering cost
• Carrying cost
• Landed cost
• Storage cost
• Cost of capital
• Other cost
Inventory turns
• Turnover & efficiency
• Days to supply
• Economic order quantity
Case study
Demand ordering system
• Demond levels
• Component of demand
• Order point
• Stock levels
• Safety stock
• Relation between customer service level & safety stock
• Target level
• Inventory kPI’s
• Material requirement planning (MRP)
Workshop & case study
Course Methodology:
A variety of methodologies will be used during the course including:
• (30%) Based on Case Studies
• (30%) Techniques
• (30%) Role Play
• (10%) Concepts
• Lectures
• Case Studies and Self Questionnaires
• Group Work
• Discussion
• Presentation