Professional Documents
Culture Documents
Approved by the Knowledge & Human Resource Development Authority (Govt of Dubai)
INTRODUCTION
Inventory management is all about having the right inventory at the right quantity, in the right place, at the right time, and at the right cost. Inventory management is
the practice overseeing and controlling of the ordering, storage and use of components that a company uses in the production of the items it sells. Inventory
management is also the practice of overseeing and controlling of quantities of finished products for sale and end users.
It starts and ends with supply chain management because many of the opportunities to improve efficiencies start with shortening order to receipt time without
incurring additional cost. Such concepts as safety stock, economic ordering quantity, cost of goods, inventory turnover, customer managed inventory and a vendor
managed inventory, whole spectrum of underlying inventory management tools play a critical role in what is inventory management.
BENEFITS OF CERTIFICATION
These certification programs are important to people in supply chain management sector for a number of valid reasons.
Business management recognizes the growing complexity and heavy demands of the supply chain operation. Executives need the assurance that their inventory
and supply chain managers are adequately trained, reliable, and dedicated to their professions.
There is a growing realization in the business world that only professionals can get the job done in a professional manner. The certification provides general
management a high degree of confidence in the ability and integrity of the people who have been or will be selected to do the job.
Other facts supporting the need for certification of purchasing and supply chain people include a marked degree of improvement in personal confidence,
satisfaction, and pride, which results from certification and it is manifested by improved performance on the part of the certified individual. A nationwide survey
conducted indicated that those who earned a approved and valid certification in their chosen field of work earned an average of 23.4% more than other inventory
and supply chain professionals.
INTENDED AUDIENCE
Intended for Finance, procurement, and supply chain professionals looking for ways to become more effective and efficient by improving their inventory
management methodologies. Warehouse managers and warehouse employees..
Those involved in inventory (materials) planning and stock control at the operational and supervisory as well as managerial levels. Also, those working in
other functions of materials management (purchasing, stores, and distribution) who need to understand the processes & methods of inventory planning
and stock control.
COURSE METHODOLOGY
TEL: +60 3 20274751 FAX: +60 3 7865 1533 EMAIL: WASEEM@MAWAEVENTS.COM WEB: WWW.MAWAEVENTS.COM
THIS INTERACTIVE TRAINING COURSE SHALL ENABLE THE PARTICIPANTS TO
Set and Implement the key objectives of inventory management and its impact on process costs and customer service.
Perform proper classification of inventory and use best practices for item specification/cataloging.
Use forecasting techniques for timely replenishment and better manage lead times.
Identify the economic ordering quantity and determine safety stocks and reorder points.
Conduct cycle counts, improve inventory record accuracy, and find ways to reduce inventories.
Apply Key Performance Indicators (KPIs) to measure and improve inventory performance.
From Planning a Warehouse, Storage Guidelines and the Operating Costs of a Warehouse to the Warehouse Management activities, processes
(inbound and outbound), the Process Flows and Safety Operations Procedures.
From International Commercial Terms (INCOTERMS) to Safety in Warehouses, From the types of hazards to managing risks, the Japanese House
Keeping Concepts and Materials Resources Planning.
From the Warehouse Inventory Management, Purpose & Objectives of the Inventory Control Function, The Types of Inventory and controls, Perpetual
and Periodic Systems, Minimizing Quantities, Cycle Counts and Counting Methods, The Key Performance Indicators How to determine KPIs and the
KPIs for Receiving, Put-away, Storage, Pick-n-pack, Shipping to Manual Storage Types and General Warehouse Practices & Visual Display
You are expected to learn about a wide variety of segments and topics in relation to the Inventory Management, not just how to store, check and
order for goods.
WHO IS ELIGIBLE?
Certification candidacy is open to all persons in Inventory, Materials management or in an Executive position.
Applicants for certification are first evaluated on their ethical standards and maturity as demonstrated by their reputation, financial responsibility
record, and their ability to communicate.
An examination is normally required and must be passed.
When the preparation for Certified Inventory Manager (CIM) course is completed and the examination successfully passed a candidates file is reviewed
for final approval. Upon completion of the program a candidate is awarded the Certified Inventory Manager (CIM) designation and receives a certificate
indicating the achievement.
COURSE CONTENTS
COURSE CONTENTS
MODULE 1: MODULE 4:
Tel: +60 3 20274751 Fax: +60 3 7865 1533 Email: waseem@mawaevents.com web: www.mawaevents.com
ABOUT YOUR COURSE FACILITATOR:
MR. JOHN R. ROCKY
Accredited Master Trainer & Principal Consultant: Procurement & Supply Chain Management
SUPPLY CHAIN MANAGEMENT PROFESSIONAL | PROCUREMENT MANAGEMENT | CUSTOMER SERVICES | BUSINESS CONSULTING
Dynamic, articulate, and highly dedicated Supply Chain Management Professional with 25+ years of professional experience as a material management, business
consultant, divisional manager, and supply chain manager. He has earned the degrees of B. Sc., LL.B., MA (International Relations) and MA (P) (Economics), is
presently working for a UK based international business management consulting company.
He is also a member of American Society for Quality (USA), and Institute of Quality Assurance (UK), besides being a Certified Lead Assessor & IRCA (UK)
Registered Auditor and facilitator for the ISO 9001, ISO 14001 OHSAS 18001 and Business Excellence Model. He is a Senior Assessor for Dubai Quality Awards,
Dubai Service Excellence Scheme, and Sheikh Khalifa Excellence Award (Abu Dhabi Government). He also provides his expertise evaluations for the prestigious
awards like Emirates Business Women Award.
He is a graduate and Corporate Member of the Chartered Institute of Purchasing & Supply (England), Member of Institute of Management ( UK ) and Chartered
Member of Institute of Logistics & Transport ( UK ). He possesses 18 years versatile professional consulting / training / facilitation experience (which includes his
logistics operations leadership experience, a Naval L/Commander, with United Nations Naval Task Force. He regularly speaks at the global professional
conferences and has designed dozens of professional training courses / seminars / workshops, during his career. During his naval career he has remained
instrumental in the strategic procurement and supply chain support, and Quality Assurance Systems needed for Strategic & Tactical Naval Operations.
He is experienced in providing business consulting & training services to public sector organizations, oil sector companies, financial institutions & banks, trading &
retail, telecommunications industry and educational institutions etc. across the Middle East. He is a popular speaker at the regional professional conferences &
forums.
He is also tutoring for the Chartered Institute of Purchasing & Supply (CIPS, UK) prescribed qualification courses on behalf of a UK based training & consulting
firm. His professional excellence and competence standards have been recognized by Dubai Government & the Business Community.
Fellow - Chartered Institute of Purchasing and Supply (FCIPS) ( UK ) (Conducting CIPS Courses since 1999)
Diploma(Distinction) & Master Trainer- International Purchasing & Supply Chain Management
(Accredited by: ITC-World Trade Organisation / UNCTAD), Geneva - Switzerland) (Conducting Certification Courses since 2005)
Chief Instructor Sales & Marketing ( Institute of Sales & Marketing Management, UK )
Lead Six Sigma Trainer & Consultant Six Sigma Programs
Lead Assessor ISO Management Systems ( IRCA , UK ) (9001, 14001, OH SA S 18001, BS 7799 )
Certified Six Sigma Black Belt (Harrington Institute, U SA )
Business Excellence Model : Senior Assessor ( for Dubai Quality Awards - Dubai Government )
And (Sheikh Khalifa Excellence Awards Abu Dhabi Government)
Assessor Dubai Service Excellence Scheme (Government of Dubai)
Judge - Emirates Business Women Award
Service Excellence Award Emirates Bank Group (EBG) (Twice in 1999 & 2000)
Ideas in Action Champion (for Creative Ideas & Continual Improvement) (EBG)
Selected & Listed in USAs Marquis Whos Who (Science & Engineering)
Selected & Listed in USAs International Whos Who (Professionals)
Kellys Award (CIPS, UK) - Purchasing & Supply Excellence (Finalist)
Chartered Member - Institute of Logistics and Transport (CM ILT)( UK )
Member - Institute of Management (M I Mgmt) (UK)
Senior Member American Society for Quality (SMASQ) (USA)
Member Institute of Quality Assurance (MIQA) (UK)
Former Secretary General - Dubai Quality Group
NOW TO AVOID ANY DISAPPOINTMENTS!!!
Executive Board Committee Member (SCLG) Dubai Chamber of Commerce & Industry
Tel: +60 3 20274751 Fax: +60 3 7865 1533 Email: waseem@mawaevents.com web: www.mawaevents.com