Trainings
We are excited to introduce 3 live webinars on Inventory Management where you will find out about the process and its importance as well as many technicalities that will help you to better manage this complicated and costly process. Check the list of courses below and drop us a message if you are interested. We will come back with the dates available.
Course 1. Inventory management process for wholesale/retail operations.
Coming soon.
The course is dedicated to the senior level management of wholesale/retail companies. It explains what is the inventory management process, what influence it has on the company’s results, how to properly assign responsibilities, how to set and measure KPI’s and how to use them for motivation.
- Inventory management – what it is and what it solves?
- Influence on financial results
- lost sales
- frozen capital
- work resources
- Responsibilities in organization
- purchase vs sale – how to solve the conflict?
- who’s responsible – procurement or logistics?
- why is inventory management not warehouse management?
- data importance for the process – IT participation and influence
- inventory management and assortment management – what’s the difference?
- Measurement and evaluation
- Key performance indicators
- Economic and procedural assessment
- Lost sales measurement
- Frozen capital valuation
- Turnaround
- Determination of the economic feasibility of specific purchases
- Use of indicators for employee’s motivation
Duration: 90+ min.
Price: 99 €, training material included.
Date: to be announced soon.
Course 2. Ordering factors and specifics.
Coming soon.
This 1,5 hours course is dedicated to inventory managers and senior/mid-level management of wholesale/retail companies. It explains the key parameters of successful ordering, including market influences, supply quality, and other important factors.
- Inventory management object – item, product group, supplier or warehouse?
- Management specifics in the central warehouse, branches, and shops
- Lead time and ordering period
- Key ordering factors
- 5. Determination of economic order size
- Impact, measurement, and evaluation of supply quality
Duration: 90+ min.
Price: 99 €, training material included.
Date: to be announced soon.
Course 3. Methods, techniques and sales patterns.
Coming soon.
This 1,5 hours course is dedicated to inventory managers. It explains inventory management techniques and methods used for demand evaluation and successful ordering. It also teaches to recognize sales patterns and adjust chosen methods appropriately.
- Techniques
- Sales forecast
- Behavioral modeling
- Methods and usage specifics
- Human forecast
- Mathematical forecast
- Min-Max
- Dynamic buffers
- Floating buffers / behavioral modeling
- Sales patterns
- Stable sales
- Growing/falling sales trend
- Irregular sales
- Peak sale types and their management
- Project/peak sales
- Occasional sales
- Seasonal sales
- Promotional sales
Duration: 90+ min.
Price: 99 €, training material included.
Date: to be announced soon.