Program on Inventory Management for Profit Maximisation

• What Inventory is and why we carry it?


• The Primary tasks involved in Inventory Management


• What are the Different forecasting techniques?


• What is EOQ (Economic Order Quantity) and how to implement it


• EOQ for various price bands


• How to calculate Total Material Cost and its use for negotiations


• How to Determine various stock levels
  
  
  
  • Determination of reorder level
  
  
  • Determination minimum stock
  
  
  • Determination maximum stock
  
  
  
  


• What is ABC (Class of materials) analysis and how to use it?


• How to improve productivity through ABC analysis?


• What is the concept of 5S and how to utilise it for warehouse management?


• Scientific method of vendor assessment


• FIFO principle for inventory/warehouse management


• KPI (Key Performance Indicators) for:
  
  
  
  • Measuring the performance of inventory
  
  
  • Measuring the performance of warehouse/stores
  
  
  
  

Participation Level :

In general, this program will be useful for personnel involved in inventory management, stores management, warehouse management, materials management, purchasing, procurement, supply chain management. It will also be useful for personnel involved in increasing operational efficiency and internal audit.

Registration Fee :

Rs. 4,900/- plus service tax @ 10.3% totalling to Rs. 5,405/- per participant which includes refreshments, vegetarian lunch & reference material. Cheque/Demand draft should be drawn in favour of “SATVAM Consulting Private Limited” payable at Mumbai. Our Income Tax PAN is AAICS5300G & Service Tax Assessee code is AAICS5300GST001

Cancellation policy: Fee once paid is non-refundable or non-adjustable in any manner under any circumstances. However, replacement of the participant is allowed.

Nomination :

Send nomination along with the cheque and name/contact numbers/ email ids of the participants at
SATVAM Consulting Private Limited – Corporate Training Section
61, Whispering Palms Shopping Centre, Near Oriental Bank of Commerce,
Lokhandwala Township, Akurli Road, Kandivali (East), Mumbai – 400101
Telephone nos.: 022 – 6698 1100 (6 Lines)/ 022- 3256 1496 Fax: 022- 6698 1105
Email: seminar@satvamindia.com/ seminar@satvam.com Website: www.satvam.com
Nomination will be confirmed on first come first serve basis on receipt of cheque/DD.


Faculty profile :



In-house Training Program : br />
If you have more than 8 employees to whom this program is relevant, we will conduct customised training programme for your company’s staff. Please contact to work out further details.

Our forthcoming programs : br />

• October 8 – Day to Day Labour Laws for managers
• October 9 – HR & legal issues relating to Disciplinary proceedings & employees misconduct
• October 15 – Employee Tax & perquisite rules
• October 16 – Exempted PF Trust – Legal & Tax aspects
• October 22 – Practical issues in Tax Deduction at Source (TDS)
• October 22 – Effective Interviewing Skills for HR & functional managers
• October 23 – Effective Time Management for organisational success
For complete training calendar, visit our website www.satvam.com