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Best Practices in Stock Management

Best Practices in Stock Management

LOGISTICS, PURCHAISNG AND SUPPL


Best Practices in Stock Management, Demand Planning and Forecasting

Introduction :

This course is introduced to you by the International Academy of Human Resources Development (IAHRD). Our courses are specially designed to meet your needs, explained to you by experts with a long experience in the field.

Demand management and forecasting have now reached the point where collaborative approaches within an organization and with customers and suppliers mean that it is possible to dramatically increase service levels from procurement to the organization and from the organization to its customers. This can now be done at a reduced cost, with reduced inventories.This course takes a practical view of what leading companies are doing in this area.

Objectives :

After attending this course, participants will be able to:

  1. Understand the basics in stock management, demand planning and forecasting.
  2. Take a practical view on what leading companies are doing.
  3. Work efficiently by reducing cost with reduced inventory.
  4. Understand the nature of stock management and its importance.
  5. Have an updated insight in the most effective best practices in demand planning, forecasting, and stock management.
  6. Better understand their firms to identify the opportunities that will enable its growth.

Content:

Module 1:

  1. Introduction in stock management.
  2. Introduction in demand planning and forecasting.
  3. The difference between demand planning and forecasting.
  4. Approaches for managing inventory levels.

Module 2:

  1. Understanding the demand of your own product/service.
  2. Stock segmentation approaches.
  3. Software packages and tools.
  4. Sales and operations planning (S&OP) processes.

 

Module 3:

  1. Demand management approaches.
  2. Variability for demand through cyclical trends
  3. Sources of forecast error.

 

Module 4:

  1. Alternative approaches to forecasting.
  2. Fitting forecasting into the process.
  3. Statistical tools and software packages.
  4. Understanding the Forrester or Bullwhip Effect.
  5. Internal collaboration rules, roles and responsibilities.

 

Who Should Attend?

  1. Directors, Managers and Business Analysts responsible for supply chain management, demand planning and management, S&OP processes, forecasting and inventory management.
  2. Suppliers who are being asked to work on new approaches to managing supply and who need to understand how to work with such approaches to reap more benefits.
  3. Organizations in manufacturing, retail and those from other industries who need a general understanding of the power of these tools.
  4. Interested candidates.

 

Istanbul

# Price ($) From
d-m-Y
To Action
1 3,250 24-02-2019 28-02-2019 Enquire
Course Code:3976
2 3,250 28-04-2019 02-05-2019 Enquire
Course Code:3977
3 3,250 30-06-2019 04-07-2019 Enquire
Course Code:3978
4 3,250 25-08-2019 29-08-2019 Enquire
Course Code:3979
5 3,250 27-10-2019 31-10-2019 Enquire
Course Code:3980
6 3,250 29-12-2019 02-01-2020 Enquire
Course Code:3981

Kuala Lumpur

# Price ($) From
d-m-Y
To Action
1 2,950 25-02-2019 01-03-2019 Enquire
Course Code:5266
2 2,950 22-04-2019 26-04-2019 Enquire
Course Code:5267
3 2,950 24-06-2019 28-06-2019 Enquire
Course Code:5268
4 2,950 19-08-2019 23-08-2019 Enquire
Course Code:5269
5 2,950 21-10-2019 25-10-2019 Enquire
Course Code:5270
6 2,950 23-12-2019 27-12-2019 Enquire
Course Code:5271

London

# Price ($) From
d-m-Y
To Action
1 4,500 18-02-2019 22-02-2019 Enquire
Course Code:6351
2 4,500 15-04-2019 19-04-2019 Enquire
Course Code:6352
3 4,500 17-06-2019 21-06-2019 Enquire
Course Code:6353
4 4,500 12-08-2019 16-08-2019 Enquire
Course Code:6354
5 4,500 14-10-2019 18-10-2019 Enquire
Course Code:6355
6 4,500 16-12-2019 20-12-2019 Enquire
Course Code:6356

Amsterdam

# Price ($) From
d-m-Y
To Action
1 4,500 04-03-2019 08-03-2019 Enquire
Course Code:3043
2 4,500 01-07-2019 05-07-2019 Enquire
Course Code:3044
3 4,500 28-10-2019 01-11-2019 Enquire
Course Code:3045

Athens

# Price ($) From
d-m-Y
To Action
1 4,500 25-02-2019 01-03-2019 Enquire
Course Code:7416
2 4,500 24-06-2019 28-06-2019 Enquire
Course Code:7417
3 4,500 21-10-2019 25-10-2019 Enquire
Course Code:7418

Barcelona

# Price ($) From
d-m-Y
To Action
1 4,500 18-02-2019 22-02-2019 Enquire
Course Code:8124
2 4,500 17-06-2019 21-06-2019 Enquire
Course Code:8125
3 4,500 14-10-2019 18-10-2019 Enquire
Course Code:8126

Copenhagen

# Price ($) From
d-m-Y
To Action
1 4,500 11-02-2019 15-02-2019 Enquire
Course Code:8832
2 4,500 10-06-2019 14-06-2019 Enquire
Course Code:8833
3 4,500 07-10-2019 11-10-2019 Enquire
Course Code:8834

Frankfurt

# Price ($) From
d-m-Y
To Action
1 4,500 04-02-2019 08-02-2019 Enquire
Course Code:9540
2 4,500 03-06-2019 07-06-2019 Enquire
Course Code:9541
3 4,500 30-09-2019 04-10-2019 Enquire
Course Code:9542

Madrid

# Price ($) From
d-m-Y
To Action
1 3,000 28-01-2019 01-02-2019 Enquire
Course Code:13212
2 3,000 27-05-2019 31-05-2019 Enquire
Course Code:13213
3 3,000 23-09-2019 27-09-2019 Enquire
Course Code:13214

Milan

# Price ($) From
d-m-Y
To Action
1 3,000 21-01-2019 25-01-2019 Enquire
Course Code:13785
2 3,000 20-05-2019 24-05-2019 Enquire
Course Code:13786
3 3,000 16-09-2019 20-09-2019 Enquire
Course Code:13787

Munich

# Price ($) From
d-m-Y
To Action
1 3,000 14-01-2019 18-01-2019 Enquire
Course Code:14493
2 3,000 13-05-2019 17-05-2019 Enquire
Course Code:14494
3 3,000 09-09-2019 13-09-2019 Enquire
Course Code:14495

Paris

# Price ($) From
d-m-Y
To Action
1 4,500 07-01-2019 11-01-2019 Enquire
Course Code:10842
2 4,500 06-05-2019 10-05-2019 Enquire
Course Code:10843
3 4,500 02-09-2019 06-09-2019 Enquire
Course Code:10844

Stockholm

# Price ($) From
d-m-Y
To Action
1 4,500 29-04-2019 03-05-2019 Enquire
Course Code:10134
2 4,500 26-08-2019 30-08-2019 Enquire
Course Code:10135
3 4,500 30-12-2019 03-01-2020 Enquire
Course Code:10136

Vienna

# Price ($) From
d-m-Y
To Action
1 4,500 29-04-2019 03-05-2019 Enquire
Course Code:11550
2 4,500 26-08-2019 30-08-2019 Enquire
Course Code:11551
3 4,500 23-12-2019 27-12-2019 Enquire
Course Code:11552

Zurich

# Price ($) From
d-m-Y
To Action
1 4,500 22-04-2019 26-04-2019 Enquire
Course Code:12258
2 4,500 19-08-2019 23-08-2019 Enquire
Course Code:12259
3 4,500 16-12-2019 20-12-2019 Enquire
Course Code:12260