Contact MERC Training Center
Join MERC Training Center on FacebookTwitter with MERC Training CenterConnect with MERC Training Center on LinkedIn

Inventory Management Best Practices & Improving Work Processes

Locations & Dates:

Date: 20 Aug - 14 Sep 2017
Ref: P9447
Location: UK (London)
Fees: 15900 

MERC Training Center reserves the right to alter dates, content, venue and trainer with a reasonable notice time.
One extra free place for every 2 paid nominees

Program Overview

In this program you will learn about...

  • Understand the Inventory Processes
  • Understand the Good Practices
  • Understand the Methodology to Improve the Inventory Processes
  • Improve Customer Service (Internal External Customers of Inventory Department)
  • Reduce Inventory Investment (cost)
  • Increase Productivity
  • Measure, Analyze and Improve Inventory Performance
  • Provide participant practical implementation and operational knowledge of the Best Inventory Practices today
  • Spot Inventory related problems and mis-reporting in businesses
  • Use Modeling of Inventory System Changes before Change Implementation
  • Conduct Logistics Analysis Audit.

Program Content

  • The objective of the program is to empower the participant to understand inventory management functions  and gain capability to make significant qualitative and quantitative improvements in his job and department by a thorough understanding of all aspects of Inventory Management and Improvement Methodologies.
  • This program also covers Inventory Management related aspects of Best Business Practices, International Management Standards, E-Inventory, E-Procurement and Just-in-Time.
  • On attending the program the participant will be competent to take leadership role in his department's Coordination and Improvement Teams.
  • Program follows a Business Process Understanding and Improvement Approach.
  • Introduction
  • Organizations must have methods and procedures that offer flexibility to meet unusual and sometimes unreasonable demands on their resources - personnel, equipment and facilities.
  • Inventory Management is the practice of planning, directing and controlling inventory so that it contributes to the businesses' profitability.
  • On attending the program the participant will be well groomed in all aspects of Inventory management and should be competent to take leadership role in Improvement Teams, TQM  or BPR implementation groups Program covers.