11 Dec 2019 Wednesday 8:00 AM - 3:00 PM
18 J. Abad Santos St.
Quezon City, Philippines
This Effective Inventory Management Seminar will teach you the proven techniques of how to effectively plan and manage your inventory. After all, inventory is simply money in another form and we all know how difficult it is to manage money and make it grow.
If you order too much and your inventory just sits in the warehouse, then it is in danger of depreciating and losing its value. It is possible that you may have invested all your financial resources on non-moving stocks and you will end up losing your shirt.
On the other hand, if run out of stocks, you are likely to lose the customers you have worked so hard to get.
Either situation is bad and must be avoided. What you want to have is the right amount of stocks that will turn a profit and at the same time keep your customers coming back for more. Developing your business to get to this ideal situation requires a working knowledge of the techniques of inventory analysis.
Effective inventory planning and management allows you to meet or exceed your customers' expectations of product availability while carrying the quantity that will maximize your net profits.
Effective Inventory Management Seminar Topics
- Understanding your Inventory Demand Forecast
- Level Demand
- Trending Demand
- Seasonal Demand
- The Ideal Inventory Cycle
- Key Inventory Indicators
- Using Lead Times to calculate when to Order Stocks
- Calculating Safety Stocks
- Economic Order Quantity Analysis
- Calculating Ordering Costs
- Calculating Holding Costs
- Identifying fast, slow and non-moving items
- Identifying profitable product lines
- Counting your Inventory
- Pareto Principle
- ABC Inventory Control and Cycle Counting
- The principles of Just in Time (JIT) Inventory Management
Who should attend this Effective Inventory Management Seminar?
- Inventory Planners
- Warehouse Staff
- Purchasing Staff
- Business Owners
Bring a Laptop
Many of the Lessons to be presented require calculations using MS Excel. It is recommended that you bring your LAPTOP COMPUTER to be able to follow the analysis being demonstrated. A Maximum of 2 participants per laptop may share for optimum learning. Your computer should have MS Excel or equivalent software installed.
Instructor Marco Rafael Z. Pefianco was under the mentorship of 'RMP' the late Engineer Rafael M. Pefianco, since 2017, learning advanced engineering techniques in Warehouse Management, Lean and Six Sigma, Purchasing and Operations Management.
Under the tutelage of RMP Consultancy, he has gained vast amounts of experience, teaching and coaching in plants and companies like EPSON, MAN Trucks and Buses, MERALCO MSERV, among others. He has also had chances to do research projects internationally, most recently in Ho Chi Minh University in Vietnam. Marco is also a Freelance Writer and vocalist, with sideline projects in Creative Writing and Choral Music, respectively.
Php 7,000.00 + 12% VAT per person
Payment must be made 5 working days prior the seminar date.
You can deposit your payment to any BPI (Bank of the Philippine Islands) branch.
Account Name: RMP Consultancy
Account# 3150 0022 05
For Expanded Withholding Tax - Please provide BIR FORM 2307
PLEASE BE INFORMED THERE WILL BE AN ADDITIONAL PHP 300 TO COVER BANK CHARGES AND OTHER FEES.
For Zero Vat Rated Enterprises (LOCAL - Philippines)
Kindly provide us with a copy of your Zero Rated Vat Registration.
Cancellation of Attendance must be made 3 days prior the seminar date. Strict NO REFUND/RESCHEDULE Policy after this period. 50% Cancellation penalty applies.
Included in the Course Fee
- Certificate of Attendance
- AM and PM Snacks
- Free flowing Coffee
- Comprehensive Training Manual
Register for the Seminar
Please Contact Claire or Marco
Landlines: Tel (632) 8697-0767, Tel (632) 8372-4563
Mobile (Globe) 0917-882-5578, Mobile (Smart) 0918-937-3455
Or you can write an email to us and send it to: