Inventory is a critical component of supply chain management. Flow of goods need to be managed in an effective manner from manufacturer to the point of sale, in some cases via warehouses. Stock accounting plays a pivotal role in inventory management.
Who is it for?
Any manufacturing or service organization can implement it.
What will you get?
Reduction in processing cost
Precise future predictions
Minimize the material shortage isuues
Proper Utilization of space area
On time and improved ordering system
Reduced lead times
Improved delivery performance
Better warehouse management
Inventory cost reduction opportunities
How to Achieve it?
Diagnostic Assessment of current practices w.r.t. best practices
Form a cross-functional team (CFT)
Inventory management tools and techniques implementation
Analysis of Data
Brainstorm the strategy
Assess Risks of the strategy
Draw Improvement Action Plans
Capacity Building of people & process in manufacturing
Audits and up gradation of implementation
Review of performance of Lean Initiative
Why Choose PMG?
Sharing of best practices in the industry
Strategies for effectiveness
On Time completion of assignments
Engage high end experts at the most economic cost. We charge and deliver results.
Highly engaging training sessions
Organization gets, in depth learning but just not an understanding