| Programme Detail |
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Time: 9.30 A.M to 5:30 P.M
Introduction:-In second half of year 2008, majority Industries in India have seen effect of Slow down and many leading Industries had planned Block Closures. As an effect of this, Supplier Industries to these leading industries also were affected in their day to day business. It's expected that Indian Economy is coming out of this situation soon. In today's Competitive Market Scenario all organizations are focusing their efforts on Inventory Reduction and Lean Management practices to achieve Cost Reduction & better Financial Management. It is always essential to control stocks at various locations in an organization at optimum level. Proper Inventory Control is possible only with the support of efficient Stores Management. In fact, Stores Operations are spread from Receiving Stores, Raw Materials & Bought out Components Stores, Semi-finished Component Stores, Spares Part Stores, General Stores, Tools Stores, Tool Crib, Finished Product Stores, within the organization where as out side the organization it has connectivity from Vendor Managed Inventory to Distribution Centers near Customers through logistics Providers.
This Two Days Executive Development Programme is designed to cater needs of Industry in today's economic situation for Stores & Inventory Management and supporting their initiatives of making organization more competitive by way of releasing Capital blocked in Inventories, achieving Cost Reduction, reducing Response time to Customers & improving Customer Satisfaction.
Participant Profile:- This Executive Development Programme For all Executives and Managers from all functions of Stores, Materials, Purchase, and Supply Chain Management across the organization, Logistics Partners, Internal Audit and Finance Department.
Course Contents-
* Overview of Materials Management, Integrated Materials Management, Basic Principles of Storekeeping. Stores Organizations, Interfacing with other functions, Role of Stores Management for Corporate Performance. Codification, Classification, Rationalization / Standardization and Variety Reduction, Objectives of Inventory Control, Analyzing Inventory control process,
* Inventory Carrying Cost, Procurement Cost, Set Up Cost, Stock out costs, Economic Order Quantity, Modification of Economic Quantity w.r.t. practical considerations, Selective Inventory control, ABC Analysis, VED Analysis, XYZ Analysis, Replenishment Systems, Safety Stocks, Role of Stores in Inventory Management,
* Modern Storage and Warehousing Practices, Layouts of Stores, Storage Equipments, Automated Storage and Retrieval Systems (ASRS), Physical Stock Verification (Cycle Counting Systems), Inventory Valuation, FIFO, LIFO, Weighted Average, Standard Costing of Inventories,
* Material Handling & Logistics, Principles of Material Handling, Classification of Material Handling Equipments, Safety Aspects in Stores Management, Basics of Logistics Management, 3PL, 4 PL, Vehicle Tracking Systems, Milk Run, Warehousing & Transportation Cost Structure, Transporter Performance Measurement, Scrap, Surplus and Obsolete stores disposal
* Inventory Planning & Control, How to reduce Inventory without Shortage & Stock out- Indirect Material, Maintenance Spares Part Inventory, W.I.P., Project Inventory,
* Lean Management Concepts & Practices, Lean Tools, Learning from Toyota Production Systems, Push & Pull Concept of Material Flow, Just In Time Inventory, Kanban, Role of Stores in JIT. Vendor Managed Inventory, Consignment Stocks,
* Computerization in Stores and Inventory Control, ERP Support to Stores Management, Stores Processes on ERP, Materials Identification Systems, Automated Identification Coding Systems, Bar Coding & RFID,
* Role of Stores & Inventory management in Supply Chain Management, Performance Measurement of Stores & Inventory Management. Indian Benchmarks for Inventory Management, Stores Management Awards,
Open House Discussion & Summing up
Certificates Distribution
Delegate Fees & Registration-
The fee per participant is Rs.7000/- plus Service Tax @ 10% plus Education Cess @ 3% on Service Tax = Rs.7721/-. It covers Course Material, Programme Folder, Lunch, Tea/Coffee during the programme. Fee is payable by Cheque (Participants from Companies outside Pune to pay by a DD, At Par Cheques or their Local Cheques with Rs. 50/- towards Bank Charges) in the name of 'Excellence Learning Center'. We also accept online payments, we request you to please contact us for Bank Details.
Our Service Tax Registration No.-AANPN7430LST001
PAN No.- AANPN7430L |
| About Faculty |
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Arvind Navadikar,CSCP, APICS USA.
Director, Excellence Learning Center
Former Head, Supplier's Supply Chain Development, SKF India Ltd,Former National President, Indian Institute of Materials Management,Recipient of National Award 2003-2004 of IIMM National Council Member, Indian Society for Training & Development (ISTD), Pune Chapter.
International Faculty Member of Global Programmes,He has rich experience more than 30 years in various leading companies i.e. Kirloskar Pneumatics Ltd, Mahindra Owen Ltd, SKF Bearings India Ltd. He has worked in Production Planning, Purchase, Stores, and off late in Supply Chain Development. At present he is founder Director of training organization 'Excellence Learning Center' an ISO 9001:2008 Organization. He is well-known speaker and he has devised, conducted several Programmes on SCM, VMI, Lean Management, Toyota Production System etc. He is widely traveled and visited various countries on Business Tours like, Japan, Hong Kong, Singapore, Malaysia, Switzerland, U.K. , U.A.E. ,Sri Lanka, and China. |
