Physical Inventory and Cycle Counting Workshop

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  • Start Date

    21 Jul, 2020

  • End Date

    24 Jul, 2020

  • Price

    ₦175,000

  • WiFi

    Free wifi available

Event Details

In this Inventory Control and Cycle Counting Workshop, you learn to maintain inventory counts that increase purchasing and production efficiency. We have designed this training to help you organize, regulate and tighten inventory control to overcome your toughest inventory warehousing challenges.

 

CONTENT

  • Recognize Why Inventory Record Accuracy is Important
  • Identify Advantages of Having an Accurate Inventory System
  • Recognize How to Reduce Forecasting Errors
  • Evaluate Your Inventory System Strengths and Weaknesses
  • Identify Ways to Calculate Inventory Accuracy
  • Recall Areas that Create the Biggest Problem in a Physical Count
  • Discover How to Establish an Inventory Planning & Preparation
  • Timetable
  • Design a Simple and Consistent Location System
  • Determine How to Increase Count Efficiency
  • Identify Problems with Annual Physical Inventories and
  • How to Avoid Them
  • Determine How to Motivate Your Counters and Workers
  • Explore Using Count Teams for Speed and Accuracy
  • Propose Coping with Ongoing Transactions
  • Recognize How to Conduct an ABC Analysis of Your Inventory
  • Distinguish Phases to Implementing Cycle Counting
  • Determine How to Analyze Inventory and Cycle Counting Results and Set Realistic Goals
  • Determine How to Tighten Record-Keeping Procedures and Ensure Other
  • Departments Use Them
  • Organize Tracking Corrective Action Activities

 

FOR WHOM:

Storeroom and Warehouse Workers, Inventory Personnel and anyone who is responsible for or takes part in the taking of physical inventories.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

 

Date:

1ST BATCH                        28th - 31st January, 2020                                                         

2ND BATCH                       21st –24th July, 2020             

Other Dates

Start Date End Date
21 Jul, 2020 24 Jul, 2020
Start Date End Date
28 Jan, 2020 31 Jan, 2020
  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

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