2 Days Workshop on Inventory Management

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Event Details

2 Days Workshop on Inventory Management - Aug 22, 2017

Introduction :

With the implementation of the most significant tax reform introduced in the history of Indian fiscal evolution, the Goods and Service Tax (GST) has finally become a reality. From Supply Chain perspective, the new tax regime eliminates the need to have distribution points in every state for tax optimization and credit purposes.  It will make the supply chain operations more efficient basis actual demand and supply situations, rather than tax considerations. Under the new tax regime, shrinking the length of the Supply Chain in terms of Warehouse consolidation, will put more emphasis than ever, on maintaining optimal Inventory level, to strike a balance between two conflicting objectives of maintaining high serviceability and maintaining minimum inventory level. 

 

Considering the impact  of Working Capital on an organization's top-line and bottom-line and aligned with BCCI’s vision of, “Contributing effectively towards overall development of commerce and trade by addressing core issues and be responsive to the needs of business”, SynCore Consulting in association with BCCI is organizing a two day seminar on Inventory Management.

Day 1 : Inventory Management- Basics 

 

Objectives
Key Takeaways
  • To understand the Goal of an organization

  • To understand how Supply Chain can help in achieving the Goal

  • Overview of the top 25 Supply Chains of the world

  • Managing the Supply Chain

  • To understand  basics of Inventory Management

  • To understand Current Inventory management Processes

  • To list down all Undesirable Effects in Inventory Management faced by the team (which affects Operational Performance)

  • To understand the industry-wide and cross- industry. Inventory Management practices

  • Clear understanding of the Goal of an organization

  • Understanding of the internal and external factors affecting the Supply Chain and what is an efficient and effective Supply Chain

  • Understanding basics of Inventory Management

  • Identification of Core problems

  • Current Reality Tree for identifying Core problems

  • Understanding of the inventory wide and cross-industry. Inventory management practices


Day 2 :  Inventory Management - Advanced Level 

 

Objectives
Key Takeaways
  • Inventory Management through Theory of Constraints

  • To understand frameworks, tools and templates required for Inventory Management

  • To understand how to develop Management Information System (MIS) for reporting to top management

  • To understand Metrics/KRAs/KPIs required for measuring the success of Inventory Management

  • To understand the significance of Standard Operating Procedures (SOPs) for key inventory management processes and the art of writing them

  • To understand key impediments faced in implementation of SOP’s

  • To understand Change Management techniques

  • Understanding of Theory of Constraints and how it can help in Inventory Management

  • Understanding of the frameworks, tools and templates

  • Understanding of how to develop and implement MIS

  • Understanding of the key measurements

  • Understanding the significance of SOPs

  • Overcoming Six layers of resistance to change

 

Javin Bhinde
Managing Director & CEO - SynCore Consulting

Javin, who is a Management Graduate from NMIMS, Mumbai found himself quickly engaged in the depths of corporate India working for many industries in projects encompassing nearly all business functions. But the idea of being a “Corporate Doctor” - someone who offers real and practical remedies to business issues through rigorous application of knowledge and people management - held much greater appeal to him.

Javin initially specialized in organizational transformation through operational excellence but has developed a repertoire of skills spanning the entire gamut of corporate management. SynCore under Javin’s leadership has been able to deliver superior results to clients in supply chain management, manufacturing, sales management, new product development, project management as well as strategy and tactics. Javin who is a strong believer in the paradigm of managing by performance and the Theory of Constraints, has also mentored several budding businesses to triple and even quadruple their size in less than 4 years. His projects have taken hum beyond the shores of India, having executed projects in India, CIS, Africa and South East Asia. He has co- authored ‘The Path’, an amazon.com best-seller, which focuses on operational excellence for pharmaceutical companies. Javin has been an eminent and inspiring speaker in various industry events. He has also been a speaker at TEDx, Mumbai. He has been an advisor to many industry associations such as OPPI, IDMA, FICCI, PPMAI, PMI, ACMA. He has been invited at various conferences as a speaker.

Bombay Chamber, Mackinnon Mackenzie Bldg, 3rd Floor, Ballard Estate (Near Green Gate) Fort, Mumbai – 400001

Ashwini Ghogare
Tel - 022 61200238, 9004100768

Lysha Lewis
Tel -022 61200234, 9819748882

Revati Khare
Tel -22 6120 0231 (M): 91 9892029473
Participation Fee Applicable :
 

Bank Details for NEFT

Beneficiary Account No.

10996680930

IFSC CODE

SBIN0000300

Bank Name

State Bank of India

Branch Address

Mumbai Main Branch, Mumbai Samachar Marg, Mumbai- 400 001

MICR Code   

40000 2010

Cheque /Demand Draft should be drawn in favor of “BOMBAY CHAMBER OF COMMERCE AND INDUSTRY”.

 

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