Advanced Inventory and Warehouse Management
- Achieve total inventory control and always have the right item and amount at the right location to maximise productivity, customer service and profitability
- Explore patterns of usage and critical factors for accurate forecast and demand
- Determine what effective warehouse procedures and technology will be cost-effective for your organization
- Develop and set effective benchmarks and KPIs to manage employees and 3PLs’ performance
- Master and implement a sound demand planning program and effective replenishment strategies
- Attain lean and sustainable inventory investment strategies through elimination of dead, excess and slow-moving inventories
- Organize warehouse effectively to minimise lead time, cost of filing and stock shrinkage
- Increase awareness within employees on the true, full cost of inventory and effects of bad practices to motivate them in protecting inventory investments
- Understand and implement essential tools for managing warehouses and inventories in the supply chain
It’s tough to be in business today. Most organizations face more competition than ever before. They have fewer profit dollars to invest in people, facilities, equipment and inventory. At the same time, customers are more demanding. They require better product availability, want lower prices and often request additional value-added services.
It is imperative for organizations to maximize the productivity and profitability in their investment in stock inventory. In addition, they must learn how to best cooperate and coordinate with other members of their supply chain to ensure that customers’ expectations are met (or hopefully exceeded) while maximizing all of the partners’ net profits.
Salvo Global’s 3-day comprehensive Master class on “Advanced Inventory and Warehouse management”is designed for you to assess your current inventory planning and warehousing operations, identify opportunities for improvement, and develop an action plan to implement a complete set of best practices.During the workshop, we will demonstrate “best practice” techniques using spreadsheet tools that you will receive to use after the session with your own data. You will also create a policies and procedures guide that will allow your organization to not only achieve your immediate goals, but ensure that you continue to maximize the productivity and efficiency of inventory-related operations.
For this master class, we will utilize the database from actual EIM clients, as well as forecasting and analysis spreadsheets developed by EIM to conduct “what-if” scenarios to illustrate the concepts and principles presented. As a bonus, delegates will receive a set of the spreadsheets used in the seminar along with detailed instructions so they can perform this analysis on their own inventory data. Best of all, as we proceed through the session,you will be able to develop step-by-step instructions necessary to develop and maintain an effective inventory program for your company.
This master class is targeted at Directors, General Managers, Heads, Superintendents, Supervisors, Senior Controllers, Managers and Team Leaders of business units such as:
- Inventory Planning/ Management/ Control
- Demand Planning
- Supply Chain Management
- Logistics & Distribution
- Materials Planning/ Management
- Maintenance, Repair & Operations
- Spare Parts Management
- Procurement/ Sourcing
- Stock Control
- Sales & Marketing
- Finance & Accounting
The trainer is the President of Effective Inventory Management Inc., a firm dedicated to helping manufacturers, distributors, large retailers and service organizations get the most out of their investment in stock inventory. He grew up managing inventory in a family-owned industrial distribution company. After receiving a degree in economics, he went to work as a consultant for two major computer software companies specializing in inventory management. In 1996, he founded Effective Inventory Management, Inc., where clients range from small distributors to Fortune 100 companies.
Over the past 32 years, the trainer has helped over two thousand firms improve their productivity and profitability through better inventory and warehouse management. He is the author of numerous articles and a series of books on effective inventory management including the recently published Achieving Effective Inventory Management – Fifth Edition and the National Association of Wholesale Distributor’s Guess Right – Best Practices in Demand Forecasting for Distributors. In addition, he designed and developed the inventory-related features for many of the popular ERP systems marketed throughout the world such as Microsoft (NAV, GP, SOL, AX), SAGE, Epicor, and Rockysoft.
The trainer was awarded the title “Subject Matter Expert” in inventory management by the American Productivity and Quality Center. He is a featured speaker at seminars and conventions throughout North America, Latin America, Europe, Asia, and the Pacific Rim. He has also conducted over 400 successful seminars and workshops covering all aspects of effective inventory management for associations including APICS (The Association for Operations Management), MSCI (Metals Service Centre Institute), NAPTA (National Power Transmission Association), National Chemical Distributors Association, Purdue University, University of Industrial Distribution and Aviation Suppliers Association.
The Trainer has helped many notable organisations achieve improved performance through training and consulting advice. These include:
- General Electric
- Exxon Mobil
- Johnson & Johnson
- Calvin Klein
- Dragon Air
- Continental Tires
- Drake Cable
- Bell Canada
- Federal Mogul
- Ingersoll Rand
- Intrepid Nationwide Maintenance
- Avista Power
- Olympic Steel
The benefits generated by streamlining the supply chain and reducing inventory and carrying costs dwarf the benefits produced by any other type of improvement."
The trainer was very passionate, used great examples and qualified himself as an expert in the field."
Great course, very practical with fast-hitting ideas that can be implemented quickly.Very nice materials."
The event was excellent. I really enjoyed it especially more concept of measuring, monitoring &Improvinginventory performance."
It was worth the money paid, learnt lots of skills that I can implement in my organization."
Excellent content & presentation, usable & implementable."
This is an excellent workshop, and I have raised my knowledge in inventorymanagement to a higher level that will beneﬁt my organization."
Great information. I will be able to use this to add a lot of value to my organization."
We deﬁnitely gained knowledge and will be implementing several ideas."
Fantastic seminar. This has given me great clarity on a number of critical topics
in our business
I first attended one of his seminars at an ISA conference. We then hired him to work with our company on improving our inventory management. His visit was very detailed analyzing our inventory strengths and weaknesses. I really enjoyed our engagement. His business model inspired me to start a second company for B2B Consulting several years later."
The trainer is one of the top professionals in the field of inventory management. ROI is what it’s all about and if you own inventory, he will save you money. He will help you provide better customer service by showing how to have the right inventory at the right place at the right time. Many consultants tell you what you should do and then leave. He shows you why you should do it and then helps you get there!"
All information regarding the event will be listed on our event brochures. It contains all the necessary information such as the Investment Fee, Full Course Agenda, Top Learning Objectives, Trainer’s Profile, and more. You may request for an event brochure by:
a. Signing up on the Request for Brochure form located at the Event Page
b. Leaving a message to Sally via Salvo’s Support Message Box.
c. Sending an e-mail to email@example.com
You will be required to provide details such as your Name, Organisation, Corporate E-mail Address, Contact Number, and Country of Origin.
The exact hotel location will be made known to all delegates privately approximately 1 month prior to the commencement date. We do have preferential corporate rates at the event hotels. Interested parties may inquire at firstname.lastname@example.org or request for the event brochure. Delegates who have confirmed their participation with us will be contacted by our team as soon as a venue is finalised. Usually, we hold all our events in 5 star hotels based in the city centre.
Salvo typically provides a 10% discount from the original investment fee per delegate should a company send 3 or more delegates to attend the course. Specific discounts may differ for respective programs so please email email@example.com for further confirmation on the exact discount.
Aside from the group discount mentioned above, Salvo offers a special Early Bird Discount once a new event is released. However, delegates must register as soon as possible since the special rate will only be available for a limited time.
The Investment Fee will cover all the course documents and materials that will be used during the training, as well as luncheons and coffee breaks during the training program. The Investment Fee does not cover the travel and accommodation expenses of the delegates, however, we can assist you by providing details on the estimated cost for both. The Investment Fee is also exclusive of tax. Taxes are to be borne by the delegate’s organisation.
Once you receive a copy of the event brochure, complete the registration form which is located on the last page and send it back to us. Upon receipt of the completed registration form with authorization, we will proceed to block the seat(s) on our system for your organization. Thereafter, the invoice will be sent out by our Finance team for processing of payment.
Your payment can be made via Telegraphic Transfer or via Credit Cards through American Express, MasterCard, Visa or Diners. Bank charges and local withholding tax are to be borne by the registrant.
Full payment should be made within TEN (10) WORKING DAYS upon receipt of invoice.
Aside from the knowledge that our expert trainers are imparting, a Certificate of Completion will be issued to all delegates completing a minimum of 90% of the total hours of the course. Some of our events offer takeaways and free consultation after the course. It varies from programs to programs.
You will receive a pre-course questionnaire upon successful registration. Kindly state your specific concerns and issues on this questionnaire and send it back to us, as this will be consolidated and forwarded to the trainer during the formulation of the course agenda. Alternatively, you can also email us at firstname.lastname@example.org regarding your concern so we can be in touch to ensure that your concerns is addressed asap.
The registration form carries at least a 50% cancellation liability 6 weeks prior to the commencement date of the event after a signed sales resignation contract has been received by Salvo. If we are notified less than 2 weeks prior to the commencement date of the event, full cancellation fees is applicable.
With that said, we do understand that last minute changes do occur in organizations due to last minute change in schedule, job requirements etc. As such, please contact us soonest at email@example.com so we can assist in the best way forward for any changes.