Physical Inventory and Cycle Counting Workshop
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.
Outline
- 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.
Speaker/s
Special Offer
Schedules
Tue, Wed, Thu, Fri | 10:00 AM — 04:00 PM |
No. of Days: | 4 |
Alpha Partners is a reputable firm of Training and Management Consultants with many years of corporate training experience in Finance, Accounting, Auditing, Banking, Management, Information Technology, Oil and Gas Sector, Security, Engineering, Public Relations, Secretarial Studies, Leadership, Marketing and other fields of human endeavour.
We are one of the leading players in the profession. Our firm, a multi-disciplinary one with highly talented, experienced and dedicated partners and staff who have experiences in different facets of working life was established in 1996 and has branches in Lagos, Enugu and Awka.
We offer a wide range of professional services, which covers audits, accounting, finance, taxation, ICT, security, engineering, insurance, human resources management, secretarial and consultancy services in all ramifications.
Our numerous clients attest to the high quality services we offer which contribute in no small measure in ensuring sound and efficient management of their resources.