Inventory and Supply Chain Management

Course Info

Length: 1 Week

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • May-20-2024

    Kuala Lumpur

  • June-17-2024

    Kuala Lumpur

  • July-15-2024

    Kuala Lumpur

  • Aug-19-2024

    Kuala Lumpur

  • Sep-16-2024

    Kuala Lumpur

  • Oct-21-2024

    Kuala Lumpur

  • Nov-18-2024

    Kuala Lumpur

  • Dec-16-2024

    Kuala Lumpur

Dates in Other Venues

  • Apr-22-2024

    Barcelona

  • Apr-22-2024

    Singapore

  • Apr-29-2024

    Dubai

  • Apr-29-2024

    Paris

  • May-06-2024

    Dubai

  • May-06-2024

    Barcelona

  • May-13-2024

    London

  • May-13-2024

    Amsterdam

  • May-20-2024

    Istanbul

  • May-27-2024

    Singapore

  • May-27-2024

    Paris

  • June-03-2024

    Barcelona

  • June-03-2024

    Dubai

  • June-10-2024

    Amsterdam

  • June-10-2024

    London

  • June-17-2024

    Istanbul

  • June-24-2024

    Paris

  • June-24-2024

    Singapore

  • July-01-2024

    Barcelona

  • July-01-2024

    Dubai

  • July-08-2024

    London

  • July-08-2024

    Amsterdam

  • July-15-2024

    Istanbul

  • July-22-2024

    Barcelona

  • July-22-2024

    Singapore

  • July-29-2024

    Dubai

  • July-29-2024

    Paris

  • Aug-05-2024

    Barcelona

  • Aug-05-2024

    Dubai

  • Aug-12-2024

    London

  • Aug-12-2024

    Amsterdam

  • Aug-19-2024

    Istanbul

  • Aug-26-2024

    Paris

  • Aug-26-2024

    Singapore

  • Sep-02-2024

    Barcelona

  • Sep-02-2024

    Dubai

  • Sep-09-2024

    Amsterdam

  • Sep-09-2024

    London

  • Sep-16-2024

    Istanbul

  • Sep-23-2024

    Singapore

  • Sep-30-2024

    Paris

  • Sep-30-2024

    Dubai

  • Oct-07-2024

    Barcelona

  • Oct-07-2024

    Dubai

  • Oct-14-2024

    Amsterdam

  • Oct-14-2024

    London

  • Oct-21-2024

    Istanbul

  • Oct-28-2024

    Singapore

  • Oct-28-2024

    Paris

  • Nov-04-2024

    Dubai

  • Nov-04-2024

    Barcelona

  • Nov-11-2024

    London

  • Nov-11-2024

    Amsterdam

  • Nov-18-2024

    Istanbul

  • Nov-25-2024

    Paris

  • Nov-25-2024

    Singapore

  • Dec-02-2024

    Barcelona

  • Dec-02-2024

    Dubai

  • Dec-09-2024

    Amsterdam

  • Dec-09-2024

    London

  • Dec-16-2024

    Istanbul

  • Dec-23-2024

    Singapore

  • Dec-23-2024

    Barcelona

  • Dec-30-2024

    Paris

  • Dec-30-2024

    Dubai

Course Details

Course Outline

5 days course

Understanding Inventory and Supply Chain Management

 

  • Introduction to Supply Chain Management: Key Components and Importance.
  • Role of Inventory Management within the Supply Chain.
  • Types of Inventory: Raw Materials, Work-in-Progress, Finished Goods.
  • Cost Implications of Inventory: Holding Costs, Ordering Costs, and Stockout Costs.

Inventory Control Strategies

 

  • Economic Order Quantity (EOQ) and Its Application.
  • Safety Stock and Reorder Point Calculations.
  • Periodic Review and Continuous Review Systems.
  • Just-in-Time (JIT) and Vendor Managed Inventory (VMI).

Demand Forecasting and Planning

 

  • Importance of Demand Forecasting in Inventory Management.
  • Qualitative and Quantitative Forecasting Techniques.
  • Role of Safety Stock in Demand Variability.
  • Sales and Operations Planning (S&OP) Process.

Role of Technology in Supply Chain and Inventory Management

 

  • Introduction to Supply Chain Information Systems.
  • Role of ERP Systems in Inventory Management.
  • Impact of IoT, AI and Blockchain on Supply Chain Management.
  • Case Study: Successful Technology Implementation in Supply Chain.

Comprehensive Supply Chain Strategy

 

  • Aligning Supply Chain Strategy with Business Strategy.
  • Incorporating Efficient Inventory Management into Supply Chain Strategy.
  • Measuring and Improving Supply Chain Performance.
  • Future Trends in Supply Chain and Inventory Management.