Seminar «Search, selection and evaluation of suppliers»

Modular training program by direction «Supply and management of the supply chain»

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Seminar «Search, selection and evaluation of suppliers»

Participants receive answers to the following questions in the field of inventory management:

• How to organize effective inventory management in your supply chain?
• How to reduce the level of inventories, but at the same time reduce deficits and out-of-stock current positions?
• How to optimize inventory levels through better demand planning and forecasting?
• How to reduce the burden on working capital through better planning in the supply chain?
• How do replenishment planning decisions (batch size, minimum and maximum level, etc.) affect the configuration of the replenishment system (MRP)?
• How to determine the optimal batch size and quantity of goods to order?
• What inventory classification best supports the company's strategy?
• What KPIs simplify and support inventory management solutions?

The audience:

• Heads and managers of the procurement and supply department
• Logistics directors and managers
• Warehouse heads and managers
• Supply Chain Managers
• Operations directors and heads of operational efficiency departments
• Financial controllers and all those who are really interested in increasing the company's profits and working capital through inventory management.

Format:

• 2 days, 10:00 - 18:00

• Group not less than 12 people

• Individual approach

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Price : upon request

• 5% - 2 participants from one company;
• 10% - 3-5 participants from one company;
• 12% - students and graduates of BSK programs.

The price includes:

• copyright handouts;
• personal certificates of participation;
• coffee breaks.

Module Topics:

• Basic concepts and tasks of inventory management
• Inventory value: components of the cost of inventories and ways to reduce their value
• Types of stocks: planned and insurance stocks
• Sales management and category management
• Inventory support strategies depending on the category and life cycle of the product
• MRP - System of automatic scheduling of replenishment of materials
• Determining the size of the optimal batch of replenishment and frequency of replenishment
• Inventory nomenclature analysis: ABC and XYZ analysis
• Calculation of standard deviation and its use in inventory management
• Statistical tools for controlling deviations of the planned level of stocks
• Calculation of the optimal level of stocks: the minimum and maximum level of stocks by nomenclature and variability of the level of stocks
• Procurement planning and execution cycle
• Quality criteria for planning and analyzing the implementation of the procurement plan
• Dependence of the size and value of stocks depending on the efficiency of warehousing
• Key inventory management performance indicators (KPIs)

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