Course Objectives
- Understanding the supply chain concept
- Learning how to increase the amount of information and at the same time reduce inventory costs and run operations
- Understanding a comprehensive concept for logistics
- Learning how to reduce the complexity of the business as far as possible
- Becoming truly responsive to your customers’ real needs
- Determine your exact material status and inventory dollar burden
- This course covers the inventory management techniques which will improve your inventory turnover ratio and transform frozen assets into cash.
- The course will explore the latest inventory management methods for saving money, satisfying customers and speeding up the flow of inventory.
Who Should Attend?
- Managers
- Superintendents
- Sales, operations and strategic planning Staff
- Whoever can benefit from enhancing their skills in the inventory management techniques and supply chain concept
Course Content
Day 1
- Importance of the Value Chain
- Supply Management
- Importance of Supply Management
- Problems Addressed
- Tax Efficient Supply Chain Management
- Reverse Supply Chain
- Supply Management Strategic
- Systems and Value
Day 2
- Supply Risk Management
- Supply Management Tools and Techniques
- Supply Management Future
- The Strategic Role of Inventory Management Techniques
- Inventory Planning
- Inventory Replenishment
Day 3
- Inventory Accuracy
- Warehousing Operations
- Inventory Management
- Inventory Measurement
- Inventory Reporting
- Inventory Audits
Day 4
- Demand Management
- Lead-time Analysis
- Rig and Camp Load Lists
- Order of Rig Move
- Distance and Road Conditions
- Issues of Concern If Power Line or Bridges
- Time Frames
Day 5
- Pre-tour Safety Meeting
- Pre-job Safety Meeting
- Check of Lifting Equipment
- Wearing of Personal Protective Equipment
- Securing of Loads
- Sequence of Loads
- Team Operations
