Executive Program in Inventory Management (With MS Excel)



Optimizing supply chain strategically through Microsoft Excel based inventory management & planning.


What you will learn

Deep understanding of the Inventory management function..

Activities involved in Inventory Management function

Understanding Inventory Costs: A Comprehensive Overview

Need of best inventory management today – From Burden to Opportunity : Unleashing the Hidden Value of Inventory Management

Benefits of well managed inventory – From Chaos to Control Unleashing the Potential of well managed inventory

What is meaning of Selective Inventory Control Methods

9 Selective Inventory Control Methods – Categorization logic & uses (ABC, XYZ, FSN, HML, SDE, VED, S-OS, GOLF, PQR)

Overview & Excel Calculation for ABC, XYZ, HML, FSN, S-OS, VED, SDE, PQR, GOLF Analysis.

Categorizing Selective Inventory Control Methods in Microsoft Excel – Ready sheets for analysis in minutes.

Inventory Replenishment planning methods

Four Inventory replenishment Methods

What is Safety Stock, Why it is needed?

Calculation of Safety Stock in Excel & Ready excel sheet for quick calculation

Calculation of Reorder Point (ROP) in Excel & Ready excel sheet for quick calculation

Calculation of Economic Order Quantity (EOQ) in Excel & Ready excel sheet for quick calculation

Calculation of Min Max levels in Excel & Ready excel sheet for quick calculation

Planning strategies in Business environments – All about MTO, MTS ATO & ETO.

Vendor Managed Inventory, VMI Vs traditional methods, Process Flow, Benefits of VMI, Top Companies using VMI

VMI Case study of big retail giant Wal-Mart (Unlocking Efficiency & Profits)

Inventory Performance Management through Metrics

Overview of Average inventory – Meaning, Calculation & Example

Overview of Cost of Goods Sold (COGS) – Meaning, Calculation & Example, Exclusion & Inclusions in COGS costs.

Overview of Inventory turnover ratio (ITR)– Meaning, Calculation & Example

Overview of Days on Hand (DOH)– Meaning, Calculation & Example

Overview of Inventory Accuracy – Meaning, Calculation & Example

Overview of Gross Margin return on inventory investment (GMROII)– Meaning, Calculation & Example.

Overview of Days of Sales (DOS)– Meaning, Calculation & Example.

Overview of Excess & Obsolete Inventory (E&O) – Meaning, Calculation & Example.

Overview of on time delivery (OTD) – Meaning, Calculation & Example.

Overview of on time in full (OTIF) – Meaning, Calculation & Example.

Excel calculation & ready template for calculation of average inventory, ITR, DOH, DOS, GMROII, E&O, OTD & OTIF

Bonus Module: Supply Chain Planning processes that deals with Inventory Control

Master Production Schedule (MPS), Interlink with demand plan , Inputs & Outputs to MPS, BOM

Materials Requirement Planning (MRP), Interlink with MPS, Inputs & Outputs of MRP, Example & Calculation of MRP with examples

MPS Vs MRP

Why take this course?

在您提供的课程大纲中,我可以帮助您理解每个模块的主要内容和目标。以下是对每个模块的详细说明:

Module 1 – Inventory Management Fundamentals

这个模块介绍了库存管理的基本概念,包括库存的类型(如直接与间接物料)、库存管理的重要性、以及好的库存管理如何帮助企业从混乱中恢复控制。它还讨论了成本优化、现金流管理、提高客户满意度、提升供应链效率以及利润最大化等方面的好处。

Module 2 – Selective Inventory control methods & Analysis in Excel

在这个模块中,您将了解选择性库存控制的概念,包括为什么它是必要的以及它带来的益处。此外,您将学习不同的库存分析方法(如ABC分析、XYZ分析等),并使用Excel进行计算和自动化处理这些分析。

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Module 3 – Inventory Replenishment planning methods

这个模块介绍了四种库存补充方法:安全库存(Safety Stock)、最小生产量(Economic Order Quantity,EOQ)、最小平均库存水平(Min-Max)和可变订单量(MOQ)。它还讨论了企业环境中的计划策略(如MTO、MTS、ATO和ETO)以及供应商管理的库存(VMI),包括其工作流程、差异和优势。

Module 4 – Inventory Performance Management through Metrics

在这个模块中,您将学习如何使用关键绩效指标(KPIs)来评估库存表现,包括平均库存、成本货币销售额(COGS)、库存周转率(ITR)、天数库存(DOH)、库存准确性等。您将使用Excel进行计算并获得预先制作的模板,以简化这些计算。

Module 5 – Bonus Module: Supply Chain Planning processes that deals with Inventory Control

最后一个奖励模块介绍了掌控生产计划(Master Production Schedule,MPS)和材料需求规划(Materials Requirement Planning,MRP)的过程,这些过程在库存控制中起着关键作用。您将学习MPS与需求计划之间的关系、如何运行MPS以及MRP的目标和输出。此外,您将了解MPS与MRP之间的区别,包括依赖性需求与独立要求的差异。
总结:这个课程旨在库存管理的全面理解和实施,涉到库存控制的基础知识、分析方法、计划策略以及关键绩效指标(KPIs)。它还包括了一套供应链(Supply Chain)的规划工具,这些都是现代企业在全球化背景下管理库存和生产计划的必经之。通过学习这些模块,您将能够更有效率地处理和优化库存和供应链的运作。

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