SUCCESSFUL INVENTORY MANAGEMENT
A 2-day interactive workshop based in Bangkok, Thailand.
"Very valuable and practical 'hands on' training"
Click Here to down load the brochure with application form.
NEW: Third Party Logistics Management Training Course - Bangkok
NEW: Warehouse Design & Operations Course - Bangkok
When: Next Course is 26-27 June 2008
Where: Landmark Hotel , 138 Sukhumvit Road
Bangkok, Thailand
Learning objectives
To help managers associated with the management of inventory understand the principles, the concepts and the techniques involved.
To show delegates how to apply these in a way that is financially beneficial to their companies’ balance sheets.
(Note: All tuition will be conducted in English. Delegates should bring calculators for use during the practical exercises)
Who should attend?
Logistics professionals involved with the management and control of inventory, including:
Inventory Managers
Warehousing Managers
Financial Managers
Procurement Managers
Supply Chain and Logistics Managers
Supply Chain Analysts
Successful Inventory Management Training - Workshop Outline - Bangkok Thailand
Module 1: Introduction to Total Supply Chain Management.
Delegates will be introduced to the concept of total supply chain management and part played by inventory management:
The Supply Objectives (The six “rights”)
Functions and responsibilities within the Supply Chain
Inventory Accounting
Inter-functional Co-operation
Impact of Functions and Sub-functions on Total Cost
Communication
Module 2: The Fundamentals of Stock Control.
Effective stock control depends on the application of certain fundamental principles. These are identified to delegates.
Factors affecting Stock Control
The Nature of Demand
The Pattern of Demand
The Predictability of Demand
Stock Levels and Stock-outs
Warehousing Support
Module 3: Differential Stock Control.
Differential stock control is a technique whereby scarce management resources can be prioritised to optimise their effectiveness.
Applying Pareto Analysis to Inventory Management
ABC Categorisation
Module 4: Stocktaking & Stock Checks.
Stocktaking and stock checks are an essential procedure for ensuring that the inventory and logistics functions are being managed and operated correctly, but they are frequently incorrectly executed.
Types of Stock-take
Stock Record Updating
Discrepancy Investigation Checklist.
Principles of Stocktaking
Conduct of the Count
Module 5: Classification and Coding.
An inventory should be classified and coded to ensure that it can be managed effectively. Delegates are exposed to the advantages and disadvantages the different methods. :
Categorisation of Materials and Supplies
Methods of Coding
Digital Significance Coding System Development
Stores Catalogue Maintenance
Module 6: Provisioning and Forecasting Demand:
Establishing the depth and range of an inventory depends on objective calculation tempered by subjective assessment. Delegates are shown how to increase their chances of meeting operational requirements:
The Stockholding Conflict
Provisioning
Range and Depth of Stockholding
Calculating the Requirement
Economic Order Quantity
Operational Costs
Forecasting the Requirement
Module 7: Determining Safety Stock Levels.
Safety stocks are a necessary financial burden on the business. Delegates are shown how to calculate safety stock levels to ensure that service levels are maintained for a reasonable cost to the business:
Applying Differential Stock Control
Setting the Safety Stock Level
Module 8: Questions and Discussions:
Delegates are invited to discuss issues that have arisen either as a result of their attending the workshop, or from their own experiences in their place of work.
To Book.
For further administrative enquiries and bookings for this training course in Bangkok Thailand, please contact Khun Parichat at:
Tel : +66 2 277 2870
Fax : +66 2 277 2869
Email : parichat
Here are some photos from one of our previous training course held in Bangkok Thailand.
About Your Trainer
COLIN AIRDRIE is Managing Director of Logistics Bureau (Asia) Limited, based in Bangkok Thailand, a subsidiary of Logistics Bureau Pty, the largest management consultancy specialising in Supply Chain in the Asia Pacific Region.
QualificationsPost-Graduate Diploma in Management Sciences UMIST
Fellow, Chartered Institute of Logistics & Transport
Visiting Professor, Tianjin College of Transportation, P.R. China
Supply Chain Experience:
37 years in supply chain and logistics operational and strategic management, training and consultancy.
The above includes 10 years experience at senior management levels in Asia, mainly in Thailand and P.R. China.
Regional business development Asia Pacific
Military supply chain operations and development
Training and career development
Industry Experience
3rd Party FMCG Logistics in UK, S.E. Asia (including Thailand) and China
In-house retail logistics and distribution, development and operations.
Cold chain operational management and development
Consultancy Experience
FMCG DC design and commissioning (P.R. China – 2 major DCs totaling 76,000 sqm)
Materials management electronic components manufacturing.
White goods national distribution
Bulk cement supply chain
Training Course Design and Execution: Inventory Management, Warehouse Design & Operations
Footwear and apparel
Logistics software selection
3PL selection
DC operations & transport network optimisation
Specialist areas of expertise:
Retail Supply Chain strategy development and implementation
Logistics operations in S.E. Asia and P.R. China
Logistics facilities design, construction and implementation.
Logistics network design
Inventory management.
To Book.
For further administrative enquiries and bookings for these training course in Bangkok Thailand, please contact Khun Parichat at:
Tel : +66 2 277 2870
Fax : +66 2 277 2869
Email : parichat
Introduction to Logistics Bureau - Supply Chain & Logistics Consultants
