=0A Inventory and Stock Management=0A=0A - Effective Inventory manage=
ment plays a crucial role in the smooth and efficient running of any=0A =
organisation=2E Reducing excess inventory and investing in the right in=
ventories leads to better=0A customer service, better inventory turnov=
er, and a helthier bottom line=2E =0A=0A =BB OVERVIEW :=0A Reconcile co=
nflicting goals of various departments within the company with regard=0A =
to stock management; =0A Optimize inventory management by aiming for co=
st-reduction while minimizing risk =0A of shortages; =0A Removing exces=
s or out-of-date stock to free up storage space; =0A Assessing your comp=
any's inventory management performance=2E=0A=0A=0A =BB TARGET AUDIENCE :=
=0A Inventory Managers, Shipping Staff, Warehouse Managers, Production D=
irectors, Buyers, =0A Operation Directors, Distributors and Manufacturin=
g Companies=2E=0A=0A =BB Employee Training:=0A Handing out a written pro=
cedure does not constitute employee training=2E=A0It is important=0A to =
set a training schedule to go through all of the procedures with groups o=
f employees=2E=A0=0A=0A Take whatever time is necessary to ensure they h=
ave a thorough understanding of the procedures=2E=0A Make it clear that =
the procedure document is the only way to perform the task=2E=A0If you di=
d your=0A job correctly in defining the processes and documenting the pr=
ocedures you shouldn't run into =0A many surprises during the training=2E=
=A0=0A=0A =BB CONTENT :=0A=0A 1=2E Introduction: Types of inventory and =
their functions =0A 2=2E The Supply Chain : =0A Conflicts between comp=
any departments re: functions =0A Global Optimization versus Local Opt=
imization =0A Conflicts involving stock management =0A Conflict res=
olution=0A 3=2E Inventory Management Models : =0A Product Classificati=
on - Pareto Law, ABC =0A The Fixed-Interval Purchasing Model =0A =
The Continuous Purchasing Model : =0A Bulk ordering =0A Immediate =
receiving =0A Staggered receiving =0A Order Cycles =0A Rebates base=
d on quantity =0A Min-max =0A Random Demand Model =0A Safety Stocks,=
Shortages =0A Single-use Model (perishable goods and articles with shor=
t or fleeting life-cycle) =0A Ordering Stations =0A Dealing with overst=
ock and out-of-date stock=0A 4=2E The run-down on Just-In-Time=0A 5=2E In=
ventory Costs : =0A Purchasing costs =0A Storage and holding costs =0A =
Order entry costs =0A Shortage costs=0A 6=2E Inventory Storage : =0A T=
echniques: positioning stock, storage equipment =0A Labeling: bar codes,=
RFID =0A Addressing =0A Handling =0A Manual counts=0A 7=2E Assessing =
Inventory Management Methods =0A Assessment Criteria =0A Benchmarking, =
Best Practices, Performance Indicators, Score Cards=0A=0A=0A WHEN AND WHE=
RE:=0A Toronto Metropolitain:=0A The 17th-18th of June, 2008=0A Park P=
laza Hotel 33, Carlson Court, Toronto, Ontario=0A=0A To sign up or for f=
urther information, please contact us at 1-800-861-6618=0A Expert in Bus=
iness Management and Advanced Technologies=2E=0A=0A
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