Reducing Your Inventory Investment, ONLINE TRAINING, Instructor-led (09 - 18 September 2024)

Reducing Your Inventory Investment, ONLINE TRAINING, Instructor-led,  (09 - 18 September 2024)

Most companies are very interested in Inventory Reduction because they want to reduce their assets frozen in inventory and use that money to invest in other areas like new technologies, improved manufacturing processes, or new facilities. When they can convert the inventory investment into other investments or profit, they improve their attractiveness to customers by providing other services or products with high levels of on time delivery.

In this One-day seminar we will study how Lean techniques, better planning, changes in purchasing strategies, and other strategies and tactics that will help reduce your company’s inventory in the short term, intermediate term, and long term. 

Dates, format, and schedule:

Four (4) sessions, total 8 hours:

On 9, 11, 16, 18^th of September 2024 – 2-hour sessions from 15:00-17:00 EEST.

Method of Delivery: Virtual Classroom. During the sessions, you will see the instructor share his screen and show the course presentation while he talks. You will be able to ask questions, solve cases, and interact with the other people. You need to have a good Internet connection and a microphone.

Certificate: Symix APICS Premier Training Partner issues a certificate for successful completion of the training

Type of training: Non-certification virtual instructor-led class: attendees do not take an exam to become APICS-certified.

Instructor: Chester Frame

Main topics

• How much inventory do you need
• The Impact of Lean Concepts on Inventory
• Safety Stock
• Negotiating for lower inventories and faster replenishment cycles
• Using Inventory Quality Ratio to reduce your excess

Who should attend:

• Materials Managers who want to have less inventory
• Planners, Buyers, and Purchasing Managers who are responsible for Inventory levels
• Lean Team members who want to know more about inventory reduction techniques to improve the results of their work

Benefits from attending this course:

• Inventory Reduction Tools that work
• Strategies and tactics to move your company in the right direction
• Understanding what can be reduced and what cannot
• Learn the interaction between Time, Demand, and Supply
• Learn the difference between aggregate planning and discrete planning
• You will understand the terminology and use of these tools
• You will be able to make improvements at once

Course price:      

• Save 20 Euro with Early Bird registration, paid until 16^th of August 2024 - 220 Euro +VAT, when applicable.
• Regular registration – 240 Euro +VAT after August 16^th, 2024.
• Registration and payment deadline – September 5^th, 2024
• Register 4 participants from one organization and pay for 3!
• FOR GROUP REGISTRATIONS AND DISCOUNTS CONTACT INFO@SYMIX.BG

Working Language

English