Management

Training Course: Quality Control Management


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MA1095

6 - 10 Apr 2025

Dubai (UAE)

Cost : 4150 € Euro

Introduction

Knowledge of Inventory Management is critical for the effective management of procurement and the supply chain, however Inventory it is commonly not understood. Therefore too high levels of inventory are held with attendant increases to costs, product obsolescence, etc.

The purpose of this seminar is to:

  • Enable delegates to evaluate current procedures
  • Examine how lead time builds up
  • Change methods of managing inventory.
  • It provides practical skills to eliminate wasteful costs.
  • Avoid those internal problems that limit performance.
  • Understand and implement the "world-class" tools for managing inventory in the supply chain.

Course Objectives of Quality Control Management

 

This course will help you learn how to:

  • Appreciate that time is cash
  • See that movement to the customer is all that adds value
  • Work with all of the supply chain players pays
  • Look “outside of the box”
  • Use the appropriate methods
  • Apply the 8 Rules for Effective Supply Chain Management

Course  Methodology of Quality Control Management

 

  • Delegate discussion and involvement
  • Case studies
  • Exercises
  • Best practice examples
  • Supportive comprehensive course manual enabling practical application and reinforcement

Organizational Impact of Quality Control Management

 

  • Examine the link of inventory in the company supply chain operations and activities
  • Analyze the key areas of operation
  • Identify and understand key performance indicators
  • Succeed in improving the operation
  • Apply the right cost and service balance
  • Gain a competitive advantage

Personal Impact of Quality Control Management

 

  • How to analyze stock and inventory
  • How to make productivity improvements
  • Understand the role of inventory in the supply chain
  • Balancing cost and service requirements
  • A framework for continual improvement
  • Best in class practices

Who Should Attend?

 

  • Those new to managing inventory
  • Those non-inventory people who need to gain an awareness of the issues and key drivers of stock control operations
  • Inventory, Stock, Supply Chain, Logistics, Warehouse, and Distribution Professionals

Course Outlines of Quality Control Management

 

Day 1: Inventory and the Supply Chain

  • Inventory management definition
  • Types of stock
  • Demand amplifications
  • Demand replenishment in networks
  • Managing the flows
  • Type I and II supply chains
  • The Supply Chain Rules
  • Inventory and statistics
  • Concept of service level

Key Component: Demand Analysis

  • Key Component: Demand Forecasting
  • Key Component: Supply Lead Time
  • Key Component: Cost & Benefits
  • Inventory benefits
  • Inventory policies
  • Inventory in organizations

 Day 2: Inventory Replenishment Methods and Systems

  • Basic mechanics of inventory systems
  • The stock time curve
  • Stock components
  • Stock investment
  • Free stock calculation
  • Simple replenishment methods, for example, Min/Max
  • Accurate replenishment methods, for example, Reorder Point and Reorder Level (ROP/ROL)
  • Requirements planning systems, for example, Materials/Manufacturing Resource/Requirements Planning (MRP / MRPII)

 Stock Control-Coding

  • Different coding methods
  • Importance of inventory receipts
  • Identifying surplus and obsolescent stock
  • Checklists to help on deciding the best option

Day 3: Stock Control-Recording

  • Separation of powers
  • Legal issues
  • How do we get inaccuracies?

Stock Control-Checking

  • Roles and responsibility
  • Requirements
  • Job Descriptions
  • Authority levels
  • Tolerances and approvals
  • The stock check program
  • Options for stock checking methods
  • Reconciliations / discrepancies

Day 4: Inventory Performance

  • Inventory Performance
  • Assessing the stock level
  • Models for implementing inventory control
  • Determining stock targets
  • Inventory questions
  • Inventory KPI's in warehouses/stores

Inventory Strategies

  • Push/pull
  • Quick response (QR)
  • Efficient consumer response (ECR)
  • Collaborative planning forecasting and replenishment (CPFR)
  • Lean and agile approaches
  • Quality Management
  • Postponement
  • Cross Docking
  • Consolidation
  • Vendor Managed Inventory (VMI)
  • Consignment stocking
  • Co-Managed Inventory (CMI)
  • Direct product profitability (DPP)
  • Economic value added (EVA)
  • Collaborative supply chains

Day 5: Inventory Improvements

  • Using the Supply Chain
  • Using the Theory of Constraints
  • Practical inventory improvements
  • Call offs and Telemetry
  • EDI and ICT
  • Keys to reducing stock levels
  • The 7 Rules for planning inventory
  • Model for planning inventory

Management

Training Course: Quality Control Management


Register Now
Quick Inquiry
Discount Group Download Brochure (36)

MA1095

6 - 10 Apr 2025

Dubai (UAE) -

Cost: 4150 € Euro


  About Dubai

Dubai, located on the Persian Gulf, is one of the seven United Arab Emirates and one of the most popular tourist destinations in the world. The discovery of oil in the region has made Dubai extremely wealthy, allowing it to build the glittering skyscrapers that it is now famous for. That wealth is strongly in evidence in Dubai and visitors will see luxurious buildings and supercars aplenty. Perfect beaches and endless shopping opportunities are to key to Dubai's attractions. Flights to Dubai open up the city's cultural attractions to tourists, with beautiful mosques, museums and art galleries scattered throughout this ultra-modern metropolis.


  Things to do and places to visit in Dubai

Dubai's wealth has made it famous for building ever taller buildings and creating artificial islands off its shores. The city's hotels are luxurious and shoppers will love its extensive shopping malls which showcase all the world's top brands. Dubai's attractions don't end there. Dubai also caters to adventure lovers, who can jump in a 4x4 or on a board to speed over dunes outside the city. Local culture mustn't be forgotten either, and visitors have wonderful mosques to visit and old districts to explore. All that combined means that a flight to Dubai is sure to lead to an unforgettable holiday.

When visiting Dubai, be sure to:

  • Go to the observation deck of the Burj Khalifa, the tallest building in the world.
  • Admire the intricately beautiful Grand Mosque, which has the tallest minaret in the city.
  • Understand the local history and culture with a visit to the Dubai Museum.
  • Discover objects from the 6th century at Jumeirah Archaeological Site.
  • Go skiing – That's not a joke, the Mall of the Emirates houses a snowdome.
  • Go shopping at the Mall of the Emirates or the Dubai Mall.
  • Explore the desert surrounding the city – either by 4x4 or atop a camel.
  • Eat fantastic seafood at Dubai Marina.
  • Cool off at the Wild Wadi Waterpark.
  • Marvel at gorgeous Arabic calligraphy at Jumeirah Mosque, the biggest in the city.
  • Take a yacht tour around the artificial islands of Palm Jumeirah.
  • Haggle for souvenirs in one of the city's souks.
  • Wander around the traditional building in Bastakiya District.
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