Planning and Management of Inventories

Program Overview

In today’s fast-paced business environment, poor inventory management can lead to lost sales, increased costs, and dissatisfied customers. This masterclass addresses these challenges by equipping your team with essential skills for effective inventory planning and management. Through interactive discussions and practical insights, you’ll learn to tackle common pitfalls such as stockouts, overstocking, and inefficient supply chains. Engage with experienced professionals and peers to share solutions and enhance your ability to meet customer demand while maximizing profitability.

Learning Objectives

• • Understand the essentials of inventory planning, including strategies to balance demand and supply for optimal inventory levels.
  • Identify key issues and frameworks in inventory management, emphasizing the importance of accurate forecasting and demand planning.
  • Recognize different types of inventory (resale, production, MRO) and develop tailored strategies for managing them effectively.
  • Learn to prioritize products based on activity, cost, and profitability, taking into account lead times and storage needs.
  • Implement effective inventory control measures to address challenges to processes at each stage of the inventory management cycle.
  • Develop a framework for setting targets and metrics that monitor inventory performance and risks, including obsolescence and theft.

 

Course Content

• Overview of warehouse functions specific.
• Types of inventory: resale, production, and MRO.
• Ranking products by key financial metrics for reviews.

• Differences between dependent and independent demand.
• Key areas and challenges of effective inventory management.

• Importance of inventory control and process stages.

• Strategies for managing resale and MRO inventory effectively while optimizing stock levels.

• Leveraging data analytics to enhance efficiency and reduce costs during the inventory period.

• Recognizing inventory risk challenges and strategies to mitigate them.

• Designing and implementing robust inventory tracking systems

• Developing key performance indicators (KPIs) for inventory management

• Review of advanced optimization techniques, including simulation modeling and artificial intelligence

 

 

 

Resource Speaker

Prof. Ricky De Vera, MBA, CSP, CMP
Certified Business Consultant – Japan / Singapore

Click here for his profile.

 

 

Training Investment

REGULAR RATE
Php 1,899.00 + VAT

EARLY BIRD RATE
Php 1,499.00 + VAT until July 22, 2025

GROUP RATE
Php 1,399.00 + VAT per pax for 5 – 14 pax

SUPER GROUP RATE
Php 999.00 + VAT per pax for 15 or more pax

BIRTHDAY MONTH PROMO – FREE SEAT
Register within Your Birthday Month with at least 2 Paid Pax @Php1,899.00+ VAT per pax (Must present proof of date of birth)

JOIN NOW PAY LATER PROMO
Pay After 30 Days from the date of the Masterclass @ Php2,099.00+ VAT per pax

Presentation Materials and the Digital Certificate will be provided

 

In-House Training

Looking for customized in-house training in HR, Labor Law, Taxation, Accounting, Supply Chain Management, Soft Skills, or similar areas?

Click here for more information.

 

 

IMPORTANT REMINDERS

REGISTRATION.
You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

CHECK OUT.
When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS.
On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

 

PAYMENT
POWERMAX provides three (3) payment options:
(1) Bank Deposit/Online Bank Transfer
(2) G-Cash
(3) PayPal/Credit or Debit Card Through PayPal 

Bank Deposit or Online Bank Transfer / G-Cash
If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

IMPORTANT:
Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

Payment Through PayPal
If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

Masterclass access links.
Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead. 

Terms and Conditions.
By registering you agree to our Terms and Conditions and acknowledge our Privacy Policy.

 

Thank you and enjoy!

Keep safe and God Bless!