Brief Overview:

Everyone is keen to improve the productivity and profitability of an organization by focussing on the areas they are comfortable with and familiar with. To be successful, one must identify which areas when focussed will give the maximum results with minimum strain. Many MSMEs and even large Corporates fail to realize that the Supply Chain area gives the opportunity to make or mar any company since the major spend even to the extent of 70% is from the SCM arena. Any successful organization, therefore, has started focussing on this key area of SCM. Stores Management is one of the key areas of SCM and time and energy spent on properly identifying and Managing the Inventory in the Stores, WIP, and FG Ware Houses are the key to quick success. This workshop will cover various vital practical ways to identify the importance of maintaining the right Inventory levels in Stores and Organising the Stores function in a better way. Also effectively managing the Stores will help in improving customer satisfaction and help in taking the Organisational growth into a higher trajectory.

Session content:

• • Stores Objectives alignment to Organisational Objectives
  • Stores Management Systems
  • Effective Material Codification
  • Effective Material Indenting
  • Material Requirement Planning (MRP)
  • Just In Time ( JIT) Concepts
  • Production Planning & Control in JIT

For Whom:

• Heads of Department, Managers, Purchasing, Stores and SCM Executives, Consultants from all functional areas.

Key Takeaways:

• Importance of Stores Function in any Organization.
• To apply Management techniques for effective control of the right mix of Inventories to be maintained in the Stores.
• Various Stores Management systems and their uses.
• To play a crucial role in budgeting and planning.

Facilitator profile:

Mr. N Swayambhu, SCM Consultant, has experience of over three decades in all SCM functions in Corporate Manufacturing Industries and has trained many SCM Professionals to effectively Manage and optimize their Vendor Base.

He is a Mechanical Engineer from Guindy Engineering and has done Post Graduate Diploma in Materials Management. Has been a guide to several students of SCM Courses and also supported Doctoral research in SCM. Has hands-on experience in working with Corporates and MSMEs to identify their weak areas and help in bridging the same for overall improvement.

He is the former Chairman of the Indian Institute of Materials Management and has conducted several workshops for Management forums like IIMM, MMA, CII, etc.,

Fee Details:

• Fee Details
• Member amount : Rs 799.00- (Including 18%GST)
• Non Member amount : Rs 949.00- (Including 18%GST)
• Total Member count : 100