Principles of Inventory Management

This one-day Executive Development Program on Principles of Inventory Management will enable the participants to develop a sound understanding about the various aspects of inventory management. The key components of the program includes fundamentals of inventory, inventory types, inventory functions, inventory nature, S&OP, MPS, MRP, KPIs & Metrics, nature of forecasting, forecasting types, forecasting techniques, inventory valuation, inventory auditing, inventory policy etc.

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Principles of Inventory Management

Course Pack

This program uses IISCM customised Course Pack from Harvard Business Publishing which contains both pre-reading and in-class discussion case studies. It is mandatory to purchase this course pack to get the full benefits of this program. Participants are advised to create their own logins using the below link.

Course Pack

UpComing Batches

Saturday, 08-Feb-2020 - 9:00 AM to 5:00 PM  
Fhyzics Business Consultants Private Limited,
Madipakkam, Chennai 

Who Should Attend?

Officers/Executives/Managers/Directors/Consultants from Supply Chain, Inventory Management, Demand Planning, Demand Scheduling, Production, Warehousing etc.

Learning Outcome

The Participants of Principles of Inventory Management program will be able to

  • Achieve a mastery in inventory management principles and practices
  • Imbibe the best practices from around the globe in inventory management
  • Apply the learnings to transform the inventory practices of their organisation
  • Reinvent and Restructure their activities with core focus on inventory management
  • Realise significant cost savings for the organisation by right sizing the inventory level

Program Highlights

  • Complete coverage of inventory concepts, principles and calculations
  • Course Pack from Harvard Business Publishing
  • Taught by experienced SCM consultants from IISCM
  • Program benchmarked with international standards

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SCM Consultant

Venkadesh Narayanan in the Principal Consultant at Fhyzics and leads the supply chain consulting initiatives and EDPs. He has over 25 years of experience in end-to-end supply chain and also an APICS Recognised Instructor in India. Please click below for his complete profile.

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IISCM’s Executive Development Programs are specifically designed to impart a sound understanding in the supply chain concepts and to positively impact the functioning of your supply chain. The length of these EDP’s range between one and three days and are typically conducted at the client facility. The teaching methodology is composed of classroom presentation, case studies, simulation games and role plays. These programs are delivered by Venkadesh Narayanan, Recognised Instructor of APICS, USA.