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Intensive Inventory Management
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Intensive Inventory Management

Transform your company data to meaningful, actionable results, using inventory management best practices over this four day journey.

2016-09-27 to 2016-09-30
When: Tuesday, September 27, 2016
8:30 AM
Where: Thomas and Joan Read Center, Texas A&M University
College Station, Texas  77840
United States
Presenter: Barry Lawrence, Pradip Krishnadevarajan, Senthil Gunasekaran
Contact: Steve Apps

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Course Overview

This program will help you transform your company data to meaningful, actionable results using inventory management best practices. This program deals with STOCK processes such as inventory stratification, forecasting and replenishment. Inventory stratification is the process of classifying items into a certain number of categories so that managing them day-to-day does not become unwieldy. The stratification process is usually not well-defined or given due importance, and it often gets over-simplified. When appropriately used, it can play a pivotal role in defining policies and procedures for other inventory management processes such as forecasting and replenishment. You will get hands on experience performing inventory stratification, analyzing demand patterns, applying various forecasting methods, evaluating forecast error to choose the best method, and deciding ‘what to order?’ and ‘how much to order?’. After this program, you will be able to use the tool that you develop during this course to implement best practices right away.



Date: September 27-30, 2016

Location: Texas A&M University

Who should attend:

  • Inventory planners/Buyers
  • Purchasing Professionals
  • Supplier Relationship Manager
  • Anybody who manages inventory in your firm


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