Managing Inventories for Increase Profitability This two-day course provides a comprehensive overview of inventory management, emphasizing how organizations balance product availability with the need to minimize carrying and handling costs. Participants examine the full scope of inventory considerations—including forecasting, valuation, visibility, replenishment, space constraints, quality, returns, and lead times—to determine optimal inventory levels across a supply network. The content highlights inventory’s role as both an operational necessity and a financial investment.
Key topics include inventory functions, demand planning and forecasting, inventory stratification, service levels and safety stock, performance metrics, cost drivers, and current industry trends. Participants learn the strategic importance of inventory, how forecasting improves supply chain performance, methods for stratifying inventory, approaches for calculating safety stock, and how to apply metrics to effectively manage inventory. Strategic Sourcing and Change Management This two-day course highlights the strategic importance of sourcing and change management in organizational performance. Effective sourcing ensures reliable access to materials and services, controls a major share of company spend, safeguards quality and sustainability standards, and protects corporate reputation. In parallel, the session addresses the critical role of change management, recognizing that organizations must adapt rapidly to remain competitive. Participants explore models and practices that reduce performance gaps and support sustainable organizational change.
Key topics include strategic sourcing, total cost of ownership, global sourcing challenges, supplier collaboration, and supplier evaluation. Participants learn how to manage make-versus-buy decisions, evaluate and monitor supplier performance, measure and manage cost drivers, implement change effectively, prevent performance decline during transitions, and identify essential elements of successful change management.
Transportation and Warehousing Management This two-day workshop explores the strategic and operational importance of transportation and warehousing, two critical components of modern supply chains. Participants examine how these functions connect companies to suppliers and customers, manage logistics costs, and respond to rising customer service expectations and capacity constraints. The course also addresses technological advancements reshaping traditional practices.
Key topics include fundamentals of transportation and warehousing, strategic and operational decision-making, evolving roles, technology impacts, and performance measurement. Participants learn to evaluate costs, measure performance, optimize the interface between transportation and warehousing, apply activity-based management, and make informed decisions that enhance efficiency, customer service, and sustainable outcomes.
Price:
$1,450.00