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Home > Management Programmes - Certificate Courses

Inventory Management for Working Capital Optimization

Objective

To design a Forecasting & Planning system for optimizing inventory

Learning Outcome
  1. Product classification analysis
  2. DDMRP principles & methods
  3. Raw material planning design based on Forecasting & Planning
  4. Production scheduling design based on Forecasting & Planning
  5. Finished goods stocking design based on Forecasting & Planning
  6. Change management methods
Course Outline
  1. Traditional planning methods & its disadvantages.
  2. DDMRP design principles
  3. Runner – Repeater – Stranger concept
  4. Lean, Forecasting & Planning alignment
  5. MTS / MTO classification methods.
  6. Design of RM Forecasting & Planning planner
  7. Design of Mfg Forecasting & Planning planner
  8. Design of FG Forecasting & Planning planner
  9. Implementation strategy & action plan.
Who Should Attend?
  • CxOs, Business Owners, SCM Head and Direct Reportees, People at the Tactical level, supervisros, quality personal, delivery incharge
  • Key decision makers from the following functions: Marketing, SCM, Operations, Manufacturing, Quality assurance, Stores and Distributions

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