Efficient Management Pioneer Taiichi Ohno said: “Not knowing the Problem is The Problem!” Traditionally various Departments in Manufacturing & Service Organizations have been working as “Islands of Excellence” consequently it is found that they have worked in Stand Alone Manner. Flow of Process, Measures of Excellence, Optimized Utilization of Man, Method, Material & Machine were not identified fully. Consequently Value Creation for Organization was lacking. Offering a Product or Service is not considered End to End. 9 Hidden Wastes & Losses have continued to adversely impact Productivity.
Vital Concepts of Efficient Stocks Management are:
Systematic & Continual Elimination of “Non Value Adding” activities. & find: What + Why + When + Where is it hidden?
Cost Optimization with focus on improving Return on Investment (RoI)”,
Arranging Un-interrupted ‘Flow from Raw Material to Finished Goods’,
Achieving Standardized Work Methods,
Encouraging Talents & Respect for People.
Adopting Efficient Management requires: Organizing Vertically Integrated & Cross Functional Teams to ensure: Cost Conscious Inventory Control, Win – Win Stocks Management, Market to Procurement to Inventory to Operations Integration, Prompt Needs Driven Inventory System, Seamless Supply Chain Processing, Alert Ordering, Quality Assurance & System Maintenance for achieving Business Growth+ Efficiency Improvement + Stabilized Profits + High Morale among Staff & Supplier’s Preference.
Understand: “Value Creation thru Kanban in Each Management Process Listed Above”
Use structured problems solving methods + do continual evaluation of operations
Educate & Train All Process Team Members for sustaining improved Stocking
Transparently share Failures & Successes for learning among All Stake Holders
Continual pursuit of What is “ Better than Before” in all activities,
Record & Display Efficient Inventory Management Tools + Efforts + Results
Study with Focus in the Operations & Inventory Process :
What is measurable becomes meaningful!
Material Requisition to Delivery to Stocking to Processing, Understand & Implement 5 ‘R’s’ of Inventory, Define the Procurement & Inv. Control System, How to Integrate Entire Process End to End
Define “Kanban” & It’s Use
Calculate the Value Adding Ratio:
Traditional v/s MRP v/s Visual Kanban System
Define Fixed Time & Variable Quantity + Variable Time & Fixed Quantity
Locate causes of “Hold Ups + Diversions + Waiting in the total Purchase & Supply Process. Integrate with Kanban System for: No Excess & No Famine.
Understand how to Set Up & calculate: Push to Pull System for Improved Efficiency:
What is the Formula for calculation of Optimum Inventory
What is Economic Order Quantity
How to Calculate: Safety Stock + Reorder Level + Maximum Stocks
Find Why + What + When + Where + How to Manage Inventory for Just In Time (JIT) Operations & Benefits thereof!
PDCA & SDCA: ( Plan Do Check Act & Standardize Do Check Act)
Understand how to implement PDCA & SDCA Tools: Devised by Dr. Deming in Inventory Management
How to use the Japanese Kanban System
How does SDCA help in the Purchase + Inventory + Supply Chain Arrangement & Roles of All Stake Holders
Train Team Members through Actual Business Processes for using PDCA & SDCA in the Purchase + Inventory Control + Supply Process.
Efficient Stocks Management Techniques:
What is & how to use on: Purchase + Procurement + Inventory Control + Supply Processes at All the 4 tiers from Sourcing to Supplying
Understand “Pull System v/s Push System” for Processing Material & Data
Understand Value Adding Help by arranging “Kanban Triggered Processing” in Purchase + Inventory + Internal & External Supply Processes.
Efficient Management works on “Excess or Shortage Gaps & Improving Capability of Purchase & Storage Processes”
Audit the Inventory Matrix for efficiency
How to do Cost Calculation of: Material + Methods of Work
Attain & Sustain Standardized Work for Predictability.
IITD Sr. Expert Faculty:
Highly experienced faculty from Indian Institute of Training & Development will conduct this training. The training sessions will provide participants an opportunity to discuss specific problems with the expert faculty.
Medium: English/ Hindi/ Marathi
Fees and Registration:
Rs. 3,000 + GST 18% per person.
Rs. 2,800 + GST 18% per person for a group of Three to Four participants.
Rs. 2,600 + GST 18% per person for a group of Five or more participants.
Kindly provide details for registration to Email: firstname.lastname@example.org & email@example.com; Name of the Program, name of the participants, company name, GST no., contact details.
Digital Certificate of Participation will be provided to all the participants.