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

Domain Specific Job Skills

Updated to Leverage the Best of Digital Transformation, Data Analytics and Artificial Intelligence AI
Audio version brochure

AIM801-1

1 Week Training Program

Leveraging Data Analytics & AI for Inventory Management Performance Excellence

Building Skills in

  1. Process by Process Application

  2. Better and Data Based Proactive Decisions

  3. Automated and Semi-Automated Inventory Decisions

  4. Cost Reduction and Increasing Stakeholder Satisfaction

www.eurotraining.com/bro/aim801-1.php

1 Week Training Programs

9-13 Sept 2024
New Delhi
30 Sept-4 Oct 2024
Dubai
7-11 Oct 2024
Kualalumpur
29 Oct- 2 Nov 2024
New Delhi
18-22 Nov 2024
London
18-22 Nov 2024
New York
2-6 Dec 2024
Seattle, USA
16-20 Dec 2024
London
30 Dec 2024- 3 Jan 2025
Dubai
6-10 Jan 2025
Kualalumpur
20-24 Jan 2025
Dubai
3-7 Feb 2025
London
17-21 Feb 2025
New York
2-6 March 2025
Seattle, USA
16-20 March 2025
Istanbul
30 March-3 April 2025
New York
13-17 April 2025
Dubai
27 April-1 May 2025
Kualalumpur
11-15 May 2025
London
25-29 May 2025

Useful Links


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What is Covered in this Program

  1. Inventory Data Analytics and Artificial Intelligence Methods are Important Present and Future Tools for Meeting Strategic Objectives and Performance Excellence through the use of Timely Actionable Performance and Opportunity Insight. This program provides the Data Analysis Certification participant the essential Understanding, Competencies, Skills, Process Knowledge and Management Guidance to perform his Data Analyst Professional Assignment in an effective, efficient, customer focused manner, always targeting for Helping Meet the Operational & Strategic Objectives. This is a comprehensive program. Program Topics mentioned will be discussed in great detail during the 4 weeks, to ensure the participants gains a full Multi-Discipline Multi-Stakeholder Latest-Technology Equipped Understanding of the Domain Processes he will be required to Understand, Collect Data, Plan, Prepare the Data, Build Decision Models, Perform the Analysis, and Provide Domain Managers Timely Insight for Decision Making.
  2. This program is designed to use Data Analytics & AI Methods to help your Inventory Unit make Better Decisions, Faster Decisions, Proactive Decisions, Real Time Decisions and Automated Decision.

Using Inventory Internal and External Data this Programs's Methods can help Participant Utilize Emerging Business Opportunities, Reduce Costs, Improve Customer Experience, Increase Customer Satisfaction, Exceed Customer Expectations and help your business utilize every opportunity to move towards your Strategic Objectives. Use of these Suggested Globally Benchmarked Data Analytics & AI Methods Participant will Improve the Probability of Making the Right Decision Under the Usual Environment of Uncertainty and Risk. Participant will get early and timely information on Product and Service Improvement and Emerging Opportunities.

  1. Program will discuss skills for Inventory Data preparation, data visualization, data analysis, data interpretation, machine learning algorithms and building models for solving real-world problems. Information on which if Participant take timely decisions Participant could get the first-mover advantages in your business.
  2. This program will provide the participant Process Knowledge of available Inventory Internal and External Data useful for Analysis to gather Decision Support Insights discussed above. This is not a software development program, no coding or use of the software tools during the program. Relevant tools to perform the various processes will be discussed during the program. Data covered will include Internal Generated Data, Data Mined from your Operational Data and Communications, External Product or Service Data, External Customer Data, External Innovation Data, External Marketing Data, External Data to provide a better Understanding of the Changing Market and Customer Needs, and, also available useful third party data. This program will provide the participant understanding and skills for necessary Tools, Statistical Tools, Methods, Sources, and Software Packages that will be used by the Data Analytics Professionals.

This is a disruption technology of Industry 4.0 that is increasing Inventory Management Effectiveness, Efficiency, and Goal Achievement through Real-Time, Near-Real Time and Proactive Performance Data and Opportunity Insights for possible Management Interventions.

Who Should Attend


  1. This is new emerging competency prerequisite for all Inventory Management and Logistics Professionals.
  2. All Data Scientists and Inventory Management Analysts with responsibility for Inventory Management and Logistics Inventory Management Units. These Data Scientists & Analysts will gain Valuable Inventory Process and Other Knowledge which will help them better appreciate stakeholder needs and implement an Effective Data Analytic/BI/AI solution.
  3. Program Content & Modules
  4. Leveraging Data Analytics & AI for Inventory Management Performance Excellence
  5. Data Analytics Success Stories
  6. Artificial Intelligence Success Stories
  7. Understanding the Business Environment
  8. Understanding the Stakeholders and their Needs & Expectations
  9. Understanding Your Business Processes
  10. Understanding the Useful Decision Support Data and Insights that can Help Improve Operational and Strategic Performance
  11. Identify Possible Emerging and Transitional Business Opportunities
  12. Insights to take First Mover Advantage type decisions
  13. Faster, Real Time & Proactive Decisions before Opportunity Disappears or Diminishes
  14. Better Customer Focused, Cost Reduction, Strategic and other Decisions based on Facts & Data
  15. Automated or Semi-Automated Decisions
  16. Emerging Technologies and Methods in Data Analytics and Artificial Intelligence (AI)
  17. IT based Process Data Collection
  18. Data Collection using Sensors, IoT and IIoT Devices
  19. Emerging Trends & Case Studies of using Artificial Intelligence Insights for Decision Making
  20. Value Engineering using Data Analytics for your Business Unit
  21. Legal, Contractual & Privacy Aspects of Data Analytics & AI
  22. Understanding Participant Business Decision Data & Insight Needs
  23. Building the Initial Business Decision Models
  24. Identifying the Data Needs
  25. Collecting the Required Data from Internal and External Sources
  26. Processing the Raw Data
  27. Analyzing the Data for the Decision Support Insights
  28. Leveraging Ready Built Algorithams to Provide Data Insights
  29. Adding Complexity & Useful Features to the Data Analysis Models
  30. Business Model Testing & Refinement
  31. Determining Opportunities for Automated Decision Making
  32. Proactively Consider otherwise Hidden Relationships
  33. Proactively Consider Early Warning Signs of Risks Emerging
  34. Future world of Intelligent, Smart and Productive Decision Making
  35. Providing the Decision Support Data/Information to the Decision makers
  36. AI Deep Learning
  37. Strategy Options and Solution for Data Analytics & AI Application
  38. Future Needs and Emerging Trends in Data Analytics for Your Business
  39. Competencies to Understanding Data and Data Analytics Insights
  40. Competencies to Specify the Data Analytics Insight Requirements
  41. Competencies to Provide Informed Domain Guidance to Data Analytic System Developers
  42. Competencies to Participate in Business Data Analytic System Design Team Processes
  43. Competencies to Manage Business Data Analytic Solution Implementation IT Contractors
  44. Competencies to Apply the Data Analytics Insights to your Business Unit Decision Making
  45. Competencies to Contribute to building your Business Decision Models
  46. Competencies to Help Collect and Suggest Business Unit Data and Data Types
  47. Competencies that Help Becoming a Productive participant in Data Analysis and Improvement Teams

1 Week Training Program

Outcomes & Takeaways

Outcomes and Takeaways Overview
  1. Knowhow and Technology Transfer to the Participants. Building relevant Understanding, Competencies & Process Knowledge.
  2. Multi-discipline understanding of Program Topics.
    Means that post program when participant takes decisions, related to his work, participant will automatically and subconsciously consider and take into account (as applicable) Internal & External Customer Needs and Expectations, Operational & Strategic Objectives, Regulatory Aspects, Industry Standards, Technology Options, Understand Helpful Modern Tools and Methods, Understand Risks, Actions for Increasing Productivity, Legal & Contractual Aspects, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities, Key Performance Indicators, Meaningful Performance Evaluation System, and, Data Analytic Opportunities.
    This type of understanding and habit otherwise develops after years of rich and diverse work experience. (few get this opportunity)
  3. Knowledge Framework outline which will enable the participant to understand and learn the right lessons from his own past, present and future on-the-job experience.
  4. Training that will empower the participant to identify, support and implement improvements in his work area, team, section, department, and organization.
This 1 Week Training Program participant will typically take away...
  1. Program related knowhow, skills, competencies and process knowledge.
    This program will use case studies and benchmarked Good and Best Practices to enhance participant understanding and competencies.
  2. Domain Knowledge and process knowledge.
    The participant will become empowered and should become more Productive, Effective, Efficient, Customer Focused and Strategic Focused.
    At the end of the program, the Participant will prepare a Customized Outline Action Plan which will serve as the roadmap to implement some key improvements in his work area.

Benefits to the Organization Sponsoring Participants to this program

(Benefits made possible by Euro Training's unique, multidiscipline, customer focused, strategic focused, easy to understand and apply training methodology that relies on Industry Good and Best Benchmarked Practices)

  • Euro Training programs are different. They develop practical Job Skills.
    This program is designed to make the participant aware of the domain processes, multi-discipline skills and competencies related to his job responsibilities.
    Each program is customized and made useful for the particular participant group, our target is 90%+ topics directly applicable to the work today or in future.
    Benefits you may see in participant post program...
    • Inclination to Recognize his stakeholders, and their needs & expectations. He will also get understanding of how to analyze to find ways to exceed customer expectations and delight the customers.
    • High level Job skills & competencies
    • Taking Initiative to Propose Improvements in Work Responsibility Area.
  • Further, this program will Build Multi-Discipline Understanding, Skills and Competencies including (as relevant)...
    • Increased Technical and Process Knowhow
    • Awareness to the Need to align performance to the Needs and Expectations of Stakeholders/ Customers (internal & external)
    • Awareness of the Need to Align performance to Organizational Operational and Strategic Objectives.
    • Understanding Domain Good Management Practices, and, Awareness to meet Requirements and Recommendations of the Relevant Industry and Professional Standards.
    • Awareness to consider for possible application the Best Benchmarked Domain Practices that can assist making Dramatic Process Improvements.
  • Type of improvements the participant will be trained to analyze and implement include (as relevant) Productivity Improvements, Product and Service Differentiation and 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 applying the ideas, skills and competencies acquired during the training.

Participant Individual Career Benefits

  1. First, and most important benefit, is the positive self-esteem that will come from being able to do your work right first time and meet internal and external customer expectations.
  2. Second, the Program developed Understanding, Skills & Competencies will help you successfully present your professional and Team skills at Job Interviews and Internal Performance Evaluation Reviews.
  3. You gain a clear direction for analyzing, proposing and implementing improvements in his work area.
    The outline action plan you prepare and take away after the program will help you take improvement initiatives and make a positive difference in your performance on the job, team, business unit or organization. This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job.
  4. Post program when you take decisions related to your work processes you will automatically consider (as applicable): Internal & External Customer Needs and Expectations, Technology Options, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increasing 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 multi-discipline aspects).

Registration Form

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Registration & Fee Information

  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.
    • Program Fee for 1 Week (5 day/30 hrs) Training Program is:

      (1) At Dubai, Kuwait, New Delhi, Qatar £4,315 (USD $5,500) per participant.

      (2) At London, US Locations, Europe, Malaysia, Singapore £4,747 (USD $6,050) per participant.

      (3) If Attending Online Training Fee is £2,000 (USD $2,500) 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.

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