Description

Zero stock or zero missing? False debate! All companies that have too much stock have a lot of shortages! Inventory management is a real job. This training provides you with the tools and methods to master the basic rules to practice your profession successfully.

Who is this training for ?

For whom ?

Inventory manager, supplier. Logistician responsible for inventory management. Buyer, distributor responsible for supply.

Prerequisites

None.

Training objectives

Identify the problem areas of its stocks (risk of stock shortages, dormant and/or excess stocks).

Contribute to reducing the cost of stock.

Determine the safety stock according to the service rate to be obtained.

Ensure the steering of inventory management.

Adapt the inventory level according to the customer service rate.

Training program

• Before the face-to-face
  • A self-diagnosis.
• Identify the challenges of inventory management
  • The definition, role and impact of inventories for the company.
  • Stock valuation methods.
  • Stock inventory procedures .
• Carry out inventory analysis
  • The ABC classification.
  • Identification and reduction of overstocks and stock shortage risks.
  • Scenario: Application based on concrete cases .
• Master procurement methods
  • The link between the cost of inventory management and the economic order quantity.
  • Optimization of safety stock.
  • Choose the appropriate method by type of article to develop the supply plan.
  • Scenario: Implementation based on concrete cases.
• Build an action plan to optimize your stocks
  • The definition of your objectives.
  • The choice of relevant indicators (service rate, turnover rate, etc.).
  • Construction of your action plan.