Workshop on Inventory Management
This workshop aims to provide a comprehensive understanding of inventory management, operational efficiency, cost optimization, and supply chain integration.
Through case studies, problem-solving techniques, and hands-on applications, the participants will gain practical insights into managing inventory and improving operational performance as well as improving financial performance.
Workshop Objectives
This two-day workshop aims to provide a comprehensive understanding of inventory management, operational efficiency, cost optimization, and supply chain integration. Through case studies, problem-solving techniques, and hands-on applications, participants will gain practical insights into managing inventory and improving operational performance as well as improving financial performance.
Workshop Course Outline
Day 1: Inventory Management & Optimization Techniques
Session 1: Ice-Breaking
Session 2: Introduction to Inventory Management for Operational Excellence
Session 3: Operations Research techniques for Inventory Optimization
Session 4: Industrial Problem Solving
Day 2: Inventory Management by Cost Optimization
Session 5: Inventory Control Methods – a practical approach
Session 6: Inventory Management with Outbound & Inbound Supply Chain
Session 7: Performance Auditing for Decision-Making
Session 8: MIS Reporting Automation
To Register, click here: https://forms.gle/nTE3MUriKPFjhVT76
Expected Outcomes
By the end of the workshop, participants will:
Understand inventory classification, optimization, and cost control techniques
Learn to apply OR techniques & JIT principles to streamline inventory
Develop financial strategies for reducing working capital constraints
Gain insights into practical shop floor applications for inventory control
Formulate an actionable plan for implementation in their respective industries
This structured approach ensures theory, application, and problem-solving
