Euro Training Limited Training Programs, Workshops and Professional Certifications
...

Now Incorporated in Each 2 Week Training Skills for

Program Specific Job Process Performance, Reviewing Ai Outputs, Trainer of Ai Systems, Interrogating Ai Systems, and Possibly Transforming into a 20 year Experienced Inter-Discipline Domain Expert. Programs Updated to Leverage the Best of Digital Transformation, Data Analytics and Artificial Intelligence Ai.
Each program participant will get 1 year free individual license access to a Program Domain Specific Ai System to Answer his job related queries.
Audio version brochure
AIM205-2
2 Week Job Process Performance & Productivity Skills Training

Inventory Management Benchmarked Best Practice Processes

Building Hands-on Skills & Competencies in

  1. Utilizing best practices and international standards for inventory management.

  2. Driving continual inventory cost reduction through proactive methodologies.

  3. Leveraging data analytics, business intelligence, and AI for informed, proactive inventory decision-making.

  4. Integrating modern inventory systems such as e-inventory, e-procurement, and just-in-time practices.https://www.eurotraining.com/bro/aim205-2.php

www.eurotraining.com/bro/aim205-2.php

2 Week Job Process Good & Best Practices Training

Kualalumpur
20-31 Jan 2025
Dubai
3-14 Feb 2025
London
17-28 Feb 2025
New York
2-13 March 2025
Seattle, USA
16-27 March 2025
Istanbul
30 March-10 April 2025
New York
13-24 April 2025
Dubai
27 April-8 May 2025
Kualalumpur
11-22 May 2025
London
25 May-5 June 2025


Useful Links


PDF Link  |  Center Full List  |  SEND EMAIL

What is Covered in this Job Process Training?

  1. Enable participants to understand and improve inventory management functions with a focus on customer and strategic alignment.
  2. Introduce best practices and international management process standards for inventory management.
  3. Teach participants how to use data analytics, business intelligence, and AI for proactive decision-making in inventory processes.
  4. Empower participants to reduce inventory costs while maintaining optimal efficiency and quality.
  5. Provide insights into modern practices, including e-inventory, e-procurement, and just-in-time methodologies.
  6. Equip participants with tools to implement continual improvement methodologies in their inventory management processes.

Who Should Attend?

  1. All Inventory Management Processes Professionals
  2. Supervisors & Managers who wish to Gain an Insight into what it will take to get Superior Performance”

Specialized Program Content

Processes & Modules

Inventory Management Benchmarked Best Practice Processes


  1. Fundamentals of Inventory Management: Objectives, Scope, and Challenges.
  2. Importance of Customer-focused and Strategic-focused Inventory Management.
  3. Overview of Best Practices, International Standards, and Modern Inventory Trends.
  4. Strategy Processes
  5. Developing a Strategic Inventory Management Plan Aligned with Business Goals.
  6. Aligning Inventory Processes with Market Trends and Customer Needs.
  7. Benchmarking Inventory Processes Against Industry Standards and Best Practices.
  8. Planning Processes
  9. Demand Forecasting and Supply Planning.
  10. Implementing Inventory Classification Systems (ABC, XYZ, etc.).
  11. Planning for Just-in-Time Inventory Systems and Lean Operations.
  12. Operational Processes
  13. Managing Inventory Levels to Balance Availability and Cost.
  14. Streamlining Procurement Processes, Including E-Procurement Integration.
  15. Ensuring Optimal Stock Replenishment Based on Real-time Data.
  16. Performance Evaluation Processes
  17. Establishing and Monitoring Inventory KPIs (e.g., Inventory Turnover, Fill Rate).
  18. Conducting Regular Inventory Audits for Accuracy and Compliance.
  19. Evaluating Supplier Performance and Contribution to Inventory Goals.
  20. Data Analytics Processes
  21. Utilizing Predictive Analytics for Demand Planning and Inventory Optimization.
  22. Leveraging Business Intelligence Tools to Identify Trends and Opportunities.
  23. Employing AI for Inventory Tracking, Restocking, and Proactive Decision-making.
  24. Risk Management Processes
  25. Identifying and Mitigating Risks in Inventory Operations (e.g., Stockouts, Overstocks).
  26. Developing Contingency Plans for Supply Chain Disruptions.
  27. Ensuring Compliance with Quality Standards and Safety Regulations.
  28. Quality Assurance Processes
  29. Implementing Standards and Procedures to Maintain Inventory Accuracy.
  30. Ensuring Quality Checks for Incoming and Outgoing Inventory.
  31. Aligning Inventory Operations with ISO and International Standards.
  32. Cost Reduction Processes
  33. Identifying Cost Drivers in Inventory Management.
  34. Applying Lean Inventory Practices to Minimize Wastage.
  35. Implementing Continuous Improvement Processes to Achieve Cost Reductions.
  36. Contingency Management Processes
  37. Planning for Emergency Stock Replenishment.
  38. Managing Inventory During Market Volatility or Sudden Demand Changes.
  39. Establishing Redundancies in Critical Inventory Categories.
  40. Improvement and Lessons Learned Processes
  41. Conducting Post-process Reviews to Identify Improvement Areas.
  42. Documenting and Sharing Lessons Learned Across Departments.
  43. Training Teams on Updated Inventory Best Practices and Technologies.
  44. Building Process Knowledge and Updating SOPs
  45. Regularly Updating SOPs to Reflect Industry Advances and New Tools.
  46. Capturing Knowledge from Past Inventory Operations for Future Use.
  47. Providing Training and Support for Staff on Revised Procedures.
  48. Reporting Processes
  49. Producing Reports on Inventory Metrics for Internal and External Stakeholders.
  50. Providing Transparency Through Regular Updates on Inventory Performance.
  51. Using Reports to Align Inventory Processes with Broader Organizational Goals.
  52. Artificial Intelligence Leveraging Processes
  53. Implementing AI for Automated Inventory Monitoring and Replenishment.
  54. Using AI-powered Demand Forecasting Tools to Improve Accuracy.
  55. Employing Machine Learning to Identify Patterns and Reduce Inventory Costs.
  56. Human Resource Development Processes
  57. Training Staff on Advanced Inventory Tools and Processes.
  58. Encouraging Collaboration Across Teams for Better Inventory Management.
  59. Recognizing and Rewarding Contributions to Inventory Process Improvements.
  60. Inventory Management Benchmarking Use Cases

2 Week Job Process Skills Training

Outcomes & Takeaways

Job Process Good & Best Practices Workshop Outcomes and Takeaways
  1. The Work Process Approach to Learning is a methodology that emphasizes learning through understanding the actual work processes.
  2. A work process refers to a set of activities or tasks that are carried out to achieve a specific outcome or result. These processes can be core to the business, such as manufacturing, service delivery, or customer support, or they can be supportive, like HR processes, IT services, or administrative workflows.
  3. The Goal is to closely align training content and methods with the specific processes, tasks, and challenges found in that domain real-world work environments.
  4. What the training achieves is building skills and competencies essential for actual work processes performance. Enabling quick and seamlessly understanding how to perform their processes effectively, efficiently and avoiding the usual mistakes and risks.
This 2 Week Training Workshop participant will typically take away...
  1. Program related Process knowhow, skills, competencies and process knowledge to perform the job work processes
  2. Training that will empower the participant to identify, support and implement work process improvements in his unit, team, section, department, and organization.

Benefits to the Organization Sponsoring Participants to this program

(Benefits made possible by Euro Training's above mentioned Planned Outcomes and Takeaways)

  • This Euro Training programs is different. It develops practical Job Process Skills.

    Benefits you may see in participant post program behavior...
    • Inclination to Recognize his Processes Customers and Stakeholders, and their Needs & Expectations.
    • Higher level of Relevant Multi-discipline Job Process Skills
    • Taking Initiative to Propose and help implement Process Improvements in his Work Responsibility Area.
  • How your Participant will Change after attending the program?...
    • Increased Work Process Performance Knowledge
    • Awareness to the Need to align process performance to the Needs and Expectations of Stakeholders and Customers (internal & external)
    • Awareness of the Need to Align Process Performance to Organizational Operational and Strategic Objectives.
    • Implement Good Management Practices during Process Performance, and, Gain Awareness to meet Requirements and Recommendations of the any Applicable Industry and Professional Standards.
    • Skill Sets for possible implementation the Program Discussed Action Plan for Process Improvements.
  • Type of improvements the participant will be trained to analyze and implement include (as relevant)

          (a) Productivity Improvements

          (b) Product and Service Differentiation

          (c) Exceeding Stakeholder & Customer Expectations.
  • Euro Training Instructors often act as mentors for participants (solely subject to instructor approval). Your participants can utilize this free service to ensure effective post program reinforcement and help when apply the ideas and skills acquired during the training.

Participant Individual Career Benefits
Job Satisfaction & Advancement

  1. First, and most important benefit, is the positive self-esteem that will come from being able to do your work processes right first time and meet internal and external customer expectations.
  2. Second, the Program developed Job Process Understanding & Skills will help participant successfully present his professional skills at Job Interviews and Internal Performance Evaluation Reviews.
  3. Participant gains clear direction and insight for analyzing, proposing and implementing improvements in his work processes.
  4. Post program when you take decisions related to your work processes you will automatically consider Multi-discipline aspects     (as applicable):

    Internal & External Customer Needs and Expectations, Technology Options, Data Analytics and Artificial Intelligence Opportunities, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increase Productivity, Consider Legal & Contractual Aspects, Consider Intellectual Property Aspects, Pay attention to Safety and Security, Consider future Audit, Weigh Cost Benefit between options, Be Mindful of Key Performance Indicators (KPIs), Consider how Performance will be evaluated, and, Consider need for and Opportunity to Develop a Decision Support Knowledge Base, .... (and, possibly more aspects).

Registration Form

Fields marked with * are mandatory

Optional Fields

Registration & Fee Information (2 Week Workshops)

  1. Fee information is also available at:   PROGRAM-FEE-PAGE   Special Discounts May be Available Please email scholarships@eurotraining.com.
  2. To register please send us an official letter confirming registration (on organizational letterhead), or, send us a completed registration form above. GET MSWORD REGISTRATION FORM .
  3. Fees are Payable by Bank Transfer or Bank Draft.
    • 2 week (60 hrs) Training Workshop:
      Classroom Training at Dubai, Kuwait, New Delhi, Qatar £6,990 (USD $8,900) per participant.
      Classroom Training at London, US Locations, Europe, Malaysia, Singapore £7,689 (USD $9,790) per participant.
      Online eTraining Fee £3,500 (USD $4,375) per participant.
    Fee includes Course Materials, Certificate, Refreshments and Lunch (classroom programs).
  4. Accommodation is not included in Program fee. Special rates may be available at venue hotel for participants.
  5. A Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
  6. Cancellation & Date Change: No Fee Refund if participant cancels his registration less than 3 weeks before start of the program. Alternate nominations may be allowed if requested atleast 2 weeks before program start. In case of exceptional hardship or emergency participant may be allowed to attend same program at another location or date on payment of 10% of fee.
  7. All participants are required to fill in Participant Information Form and Program Related Questionnaire - on first day of the program.
  8. Each program Undergoes Customization to Better Meet Participant Present and Future Job and Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
  9. It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
  10. Provisional Registration : You can make a provisional registration request by sending us an email using an official email account. Provisionsl registration request, when confirmed by Euro Training, will reserve a seat for you for 14 days. After our Confirmation you have 2 weeks to send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Registration Confirmation if registration is not reconfirmed from your side (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way.

CLICK FOR REGISTRATION INFORMATION AND FORM

CLICK FOR PROGRAM OUTCOMES

Click to Forward this webpage to a Colleague by Email