Introduction
An organization's inventory can appear a mixed blessing since it counts as an asset on the balance sheet, but it also ties up money that could serve other purposes and requires additional expense for its protection. Besides, enterprises sometimes make store or warehouse without doing proper analysis and thus some portion of that store or warehouse remains unutilized. Effective Inventory and Store Management is inevitable for today’s competitive business world. Please keep in mind, “It is easy to turn Cash into Inventory, but the challenge is to turn Inventory into Cash”.
Contents
- Overview of Inventory Management,
- Types and Stages of Inventory,
- Inventory in Working Capital Cycle,
- Inventory Replenishing System,
- Lead-time Management,
- Inventory Categorization,
- Inventory Valuation System,
- Inventory Checking, Inventory Coding System,
- Inventory Turnover, Safety Stock, and Inventory Operations;
- Overview of Store Management,
- Warehousing and Layout of a Storehouse,
- Storage System, Storekeeping,
- Material Handling, Safety and Security of Stores,
- Record Management of the Store,
- Question & Answer Session.
Facilitators
The facilitator of this training is Mr. Shankar Kumar Roy, Executive Director, Bangladesh Cement Manufacturers Association (BCMA) and KPMG Advisory Services Ltd. He was employed as an Advisor (Research and Planning) at M.I. Cement Factory Ltd. (Crown Cement Group) till 30th June 2020. Before joining at Crown Cement Group, he had served at Holcim Cement (Bangladesh) Ltd for more than 16 years, holding the post of General Manager-Business Development. As a professional corporate trainer, he provides practical, interactive, and fun-filled activity-based training. He has conducted numerous training and has 15+ years of experience in training. His area of specialization in training includes Supply Chain Management, Procurement, Marketing & Sales, and various Soft Skills, etc. He was awarded as the ‘Trainer of the Year 2018’ recognition by International Trade Center, Geneva, Switzerland at a gala event in Beijing, China on 1st November 2018.
Fee
Tk. 3,000/- payable in favour of ‘Dhaka Chamber of Commerce & Industry’ by BEFTN/ Pay Order/ Cheque. It could also be paid through bKash merchant number 01766018659 (payment) with bKash charge Tk. 50/-. Course fee includes refreshments, lunch, stationery, learning materials and excludes VAT and Tax.
Discount
10% for (one option applicable): (i) DCCI Members; (ii) Women participants; (iii) Students (pursuing his/her undergraduation & postgraduation); (iv) Ex-Trainees of DBI; (v) Three (3) or more participants from one organization for same course; and 15% corporate discount for 10 (ten) or more participants from the same organization to one programme.
Procedures
The intending candidates may collect Registration Form from DBI Office for submitting to DBI after filling up duly or log on to https://forms.office.com/r/CkFLx5i3Bq for registration.
Certificate
Certificate will be awarded.