Stores & Inventory Management

Easy Stores

stores-inventory-management

Stores & inventory management is a key factor to customer satisfaction. Materials team is the first contact between organisations (vendor & company, company & customer). Response to internal & external customers greatly depends on how the material supply functions are organised.

Objectives

  • An overview of stores & inventory management
  • Understanding & practice of analytical methods used in stores & inventory management

Contents

  • Concept & Methodology
  • Fundamentals
    • FSN analysis, VED analysis, ABC analysis, FIFO
  • Effective material management system
    • Ordering calendar, Reviewing calendar, Consumable quota cards
  • Effective control systems for:
    • Costly items, Hazardous items, Customer supplied items, Long lead-time items, Development items
  • Effective storage of
    • Volatile items, Shelf life items, Poisonous items, Heavy items, Light items, Volumetric items
    • Items with special environment requirements
  • Stores manual

Take Away

On attending this training workshop, the participants will understand the concepts & techniques of stores & inventory management with a view to participate in implementation at workplace as a team member.

Who should attend?

  • Operating Level
  • Middle Level

Methodology

  • Multimedia Presentation
  • Concept explaination
  • Facilitated Discussion
  • Group exercise
  • Individual exercise
  • Study material
  • Q&A

Interaction Language

  • English
  • Hindi
  • Hindi/ English

What is the programme duration?

  • 1 day
  • 2 days
  • 3 days
  • 3 1/2 days
What is the right duration for me?

Want to customise the programme to your requirements?