Stock Optimization and Stock Management Training

Aim

Reducing inventory costs without reducing the service level in the value chain is a key element of competitiveness. Inventory planning and stock management elements gain great importance in order to reduce inventory costs. An inventory management system integrated with Sales and Operations Planning (S & OP) processes, in which we determine strategies according to the structure of demand, greatly affects companies' current KPIs such as OTIF and profitability.

Scope

• Inventory Planning Process and Stock Management Concept
• Stock types according to demand structure and functions
• ABC Analysis
• Order Management – Order Quantity and Timing Management
• Order Quantity Calculation
• Safety Stock Concept
• Stock Control Systems – Dynamic Stock Management
• JIT – Kanban – Pull Systems
• Calculating Stock Costs
• Design of the Stock Management Process

Achievements

With this training, participants will learn practically the systems, tools and concepts regarding stock optimization and management, and will have the opportunity to see system examples designed according to different demand structures.