nventory are the veins of supply chains, having efficient inventory policies and control mechanisms leads to increase in the bottom line profitability for companies.
Enterprises have a lot of product offerings in their supply chains, shelf life can be an issue to stocking before selling. That is why companies employ different inventory policies and service levels to different kinds of products.
Companies face overstocking of certain products who are not demanded as much, eventually those products are subject to sold at discount or become obsolete.
While other products frequently have more demand than stock resulting to no satisfaction of customer and also the possibility of losing customers to competitors.
In this Masterclass, analytical tools will be presented and practiced in the workshop to define and employ the best policy for each product. The aim is to satisfy customer’s orders, have enough stock, not too much and reduce backlogs from orders. The Master class is very analytical (100% analytics with practice), please expect to work a lot on Microsoft excel in this workshop.
Who Should Attend:
* Supply chain managers
* Order Managers
* Inventory controllers
* Warehouse officers
* Logistics officers
* Procurement Managers
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Mr. Omar is a Microsoft certified instructor in Big data and data analytics, certified as well from MIT in supply chain analytics, Dynamics, fundamentals and design. He Holds a master’s degree in supply chain management. he is currently teaching courses in supply chain management, technology and information systems, Procurement and ERP systems. He combines both industry experience in procurement and supply chain, supply chain..