Download We invite you to attend/ nominate your executives for this important

Excellence Learning Center
An ISO 9001:2008 Organization
We invite you to attend/ nominate your executives for this important seminar on
Effective Stores
&
Inventory Management
On 5’th and 6’th July 2010 (9.30 a.m. to 5.30 p.m.)
at TAJ GATEWAY HOTEL, Residency Road, Bangalore.
Please Reply only to Email : [email protected], or [email protected], or
[email protected],
Introduction: -In second half of year 2008, majority Industries in India have seen effect of Slow down and many leading
Industries had planned Block Closures. As an effect of this, Supplier Industries to these leading industries also were
affected in their day to day business. It’s expected that Indian Economy is coming out of this situation soon. In today’s
Competitive Market Scenario all organizations are focusing their efforts on Inventory Reduction and Lean Management
practices to achieve Cost Reduction & better Financial Management. It is always essential to control stocks at various
locations in an organization at optimum level. Proper Inventory Control is possible only with the support of efficient
Stores Management. In fact, Stores Operations are spread from Receiving Stores, Raw Materials & Bought out
Components Stores, Semi-finished Component Stores, Spares Part Stores, General Stores, Tools Stores, Tool Crib,
Finished Product Stores, within the organization where as out side the organization it has connectivity from Vendor
Managed Inventory to Distribution Centers near Customers through logistics Providers.
This Two Days Executive Development Programme is designed to cater needs of Industry in today’s
economic situation for Stores & Inventory Management and supporting their initiatives of making organization more
competitive by way of releasing Capital blocked in Inventories, achieving Cost Reduction, reducing Response time to
Customers & improving Customer Satisfaction.
Participant Profile :- This Executive Development Programme For all Executives and Managers from all functions of
Stores, Materials, Purchase, and Supply Chain Management across the organization, Logistics Partners, Internal Audit
and Finance Department.
Course Contents1. Overview of Materials Management, Integrated Materials
Management, Basic Principles of Storekeeping. Stores Organizations,
Interfacing with other functions, Role of Stores Management for
Corporate Performance. Codification, Classification, Rationalization /
Standardization and Variety Reduction, Objectives of Inventory
Control, Analyzing Inventory control process,
2.Inventory Carrying Cost, Procurement Cost, Set Up Cost, Stock out
costs, Economic Order Quantity, Modification of Economic Quantity
w.r.t. practical considerations, Selective Inventory control, ABC
Analysis, VED Analysis, XYZ Analysis, Replenishment Systems,
Safety Stocks, Role of Stores in Inventory Management,
3. Modern Storage and Warehousing Practices, Layouts of Stores,
Storage Equipments, Automated Storage and Retrieval Systems
(ASRS), Physical Stock Verification (Cycle Counting Systems),
Inventory Valuation, FIFO, LIFO, Weighted Average, Standard
Costing of Inventories,
4. Material Handling & Logistics, Principles of Material Handling,
Classification of Material Handling Equipments, Safety Aspects in
Stores Management, Basics of Logistics Management, 3PL, 4 PL,
Vehicle Tracking Systems, Milk Run, Warehousing & Transportation
Cost Structure, Transporter Performance Measurement, Scrap, Surplus
and Obsolete stores disposal
5 Inventory Planning & Control, How to reduce Inventory without
Shortage & Stock out- Indirect Material, Maintenance Spares Part
FACULTY
Arvind Navadikar,
CSCP, APICS USA.
Director, Excellence Learning Center
Former Head, Supplier’s Supply Chain
Development, SKF India Ltd,
Former National President, Indian
Institute of Materials Management,
Recipient of National Award 20032004 of IIMM
Chairman, Indian Society for Training
& Development (ISTD), Pune Chapter.
International Faculty Member of
Global Programmes,
He has rich experience more than 30
years in various leading companies i.e.
Kirloskar Pneumatics Ltd, Mahindra
Owen Ltd, SKF Bearings India Ltd. He
has worked in Production Planning,
Purchase, Stores, and off late in Supply
Chain Development. At present he is
founder Director of training
organization ‘Excellence Learning
Center’ an ISO 9001:2008
Organization. He is well-known
Inventory, W.I.P., Project Inventory,
6. Lean Management Concepts & Practices, Lean Tools, Learning from
Toyota Production Systems, Push & Pull Concept of Material Flow,
Just In Time Inventory, Kanban, Role of Stores in JIT. Vendor
Managed Inventory, Consignment Stocks,
7. Computerization in Stores and Inventory Control, ERP Support to
Stores Management, Stores Processes on ERP, Materials Identification
Systems, Automated Identification Coding Systems, Bar Coding &
RFID,
8. Role of Stores & Inventory management in Supply Chain Management,
Performance Measurement of Stores & Inventory Management. Indian
Benchmarks for Inventory Management, Stores Management Awards,
speaker and he has devised, conducted
several Programmes on SCM, VMI,
Lean Management, Toyota Production
System etc. He is widely traveled and
visited various countries on Business
Tours like, Japan, Hong Kong,
Singapore, Malaysia, Switzerland,
U.K. , U.A.E. ,Sri Lanka, and China.
Open House Discussion & Summing up
Certificates Distribution
Delegate Fees & Registration-
The fee per participant is Rs.7000/- plus Service Tax @ 10% plus Education Cess @ 3% on Service Tax
= Rs.7721/-. It covers Course Material, Programme Folder, Lunch, Tea/Coffee during the programme.
Fee is payable by Cheque (Participants from Companies outside Pune to pay by a DD, At Par Cheques or
their Local Cheques with Rs. 50/- towards Bank Charges) in the name of ‘Excellence Learning Center’.
We also accept online payments, we request you to please contact us for Bank Details.
Our Service Tax Registration No. - AANPN7430LST001
PAN No. - AANPN7430L
Kindly send your nomination on your letter head or e-mail indicating Name/s, Designation, Phone No,
Fax No, and e-mail id of the nominees along with Fees 6 days in advance of programme dates to,
Excellence Learning Center
First Floor, Parth Complex, CTS No. 272/1, Sadashiv Peth, Pune 411030,India.
Phone No:-+91 20 24327335/ 32918429/ 65245697 Fax:- +91 20 24339296, Mobile:- +91 9823169803
e-mail:- [email protected], [email protected], [email protected],
website:- www.excellencelearningcenter.com
Excellence Learning Center respects your online privacy, if you don’t wish to receive any such communication from us,
please send a blank mail with word REMOVE in the subject to
[email protected] or [email protected] or [email protected]