Savings claimed on inventory classification and monitoring at signature are frequently lost during execution. A supply chain is only as reliable as the least visible link inside classification and monitoring. Participants gain a clear basis for measuring what the practice within procurement and supply operations has actually achieved. It establishes a shared vocabulary for inventory classification and monitoring so that teams can disagree productively about it. The programme works equally well for those formalising this aspect of procurement and supply operations for the first time and those improving an existing approach. Practitioner evidence points the same way: classification and monitoring improves fastest where responsibility for it is named and owned. The version of inventory classification and monitoring described in the manual and the version practised on the floor tend to diverge over time. Discussion is anchored to worked examples of classification and monitoring rather than to abstract argument. The final session converts the week's work on the practice within procurement and supply operations into commitments with owners and dates.
Expected Learning Outcomes
✓
Design receiving, storage and picking flows supporting inventory classification and monitoring.
✓
Estimate what classification and monitoring costs to run properly, and what is lost when it is not.
✓
Apply the correct customs, international delivery terms and documentation treatment to inventory classification and monitoring.
✓
Establish what evidence would demonstrate that classification and monitoring is under control.
✓
Plan the handover of inventory classification and monitoring so that capability is not lost when key staff move on.
✓
Apply sustainability and ethical sourcing criteria to classification and monitoring.
✓
Segment spend on inventory classification and monitoring and apply a sourcing strategy proportionate to risk and value.
Who Should Attend
✓
Finance staff reviewing spend and working capital in inventory classification and monitoring.
✓
Contract managers administering agreements covering classification and monitoring.
✓
Managers of multi-site operations seeking consistency in inventory classification and monitoring.
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Internal auditors examining controls over classification and monitoring.
✓
Public sector officials applying inventory classification and monitoring within a regulated framework.
✓
Inventory controllers managing stock within classification and monitoring.
Course Modules
Open any module to see its sessions and topics.
01
Inventory classification and monitoring: customs, documentation and cross-border movement
2 sessions · 8 points
Session 1Contract terms on inventory classification and monitoring that survive execution
Set the stock count cycle for inventory classification and monitoring and act on discrepancies.
Prepare the summary of classification and monitoring that senior management will read.
Write the specification for inventory classification and monitoring so two suppliers would price it the same way.
Rehearse the briefing on classification and monitoring that would follow an incident.
Session 2Building the method for classification and monitoring step by step
Check the delivery terms and customs classification applied to inventory classification and monitoring.
Confirm that contractual obligations around classification and monitoring are understood.
Agree the escalation route when supply of inventory classification and monitoring is disrupted.
Collect evidence on the present handling of classification and monitoring before proposing changes.
02
Classification and monitoring: measurement, savings validation and reporting
2 sessions · 8 points
Session 1Laying out the warehouse around how classification and monitoring actually moves
Review whether inventory classification and monitoring is aligned with the objectives of the supply function.
Review the audit trail for the last three award decisions on classification and monitoring.
Define measurable service levels in the contract covering inventory classification and monitoring.
Verify segregation between requisition, approval and receipt in classification and monitoring.
Session 2The approval control on classification and monitoring that prevents fraud
Negotiate payment terms on inventory classification and monitoring without pushing suppliers into distress.
Identify single-source dependencies in classification and monitoring and cost the alternatives.
Build the internal briefing that explains inventory classification and monitoring to those affected.
Calculate reorder point and safety stock for each item in classification and monitoring.
03
Classification and monitoring: sourcing strategy and market approach
2 sessions · 8 points
Session 1Writing a specification for classification and monitoring suppliers can price accurately
Verify six months later that changes to inventory classification and monitoring have held.
Set the review interval for classification and monitoring and who attends.
Set the consequence for failing service levels on inventory classification and monitoring, and apply it.
Map the physical flow of classification and monitoring through receiving, storage and dispatch.
Session 2Proving the savings claimed on inventory classification and monitoring were real
Distinguish symptoms from causes when inventory classification and monitoring underperforms.
Review whether inventory policy on classification and monitoring still matches actual demand.
Draft the minimum viable sourcing procedure for inventory classification and monitoring.
Establish the boundary of classification and monitoring and record what sits outside it.
04
Classification and monitoring: supplier evaluation, award and contract terms
2 sessions · 8 points
Session 1The decisions in classification and monitoring that cannot be delegated
Assess supplier financial health for critical elements of inventory classification and monitoring.
Check that records of classification and monitoring answer the questions likely to be asked.
Identify single points of dependency in inventory classification and monitoring and reduce them.
Map the handovers in classification and monitoring between functions and secure them.
Session 2Moving classification and monitoring from approval to execution
Test the procedure for inventory classification and monitoring against a realistic scenario.
Confirm traceability from supplier to point of use for classification and monitoring.
Establish what evidence demonstrates inventory classification and monitoring is under control.
Evaluate classification and monitoring on total cost of ownership across the full life.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
Workshop or Program Participation
Airport Transfers
Customized Badge
Expert Mentorship (Private Sessions)
Supervision & Secretarial Services
Accredited Certificate of Participation
Complete Training Kit
Coffee Break
Closing Ceremony
Gold Package
At least 3 people
USD1,850
5-night stay in a 5-star hotel
Workshop or Program Participation
Airport Transfers
Customized Badge
Expert Mentorship (Private Sessions)
Supervision & Secretarial Services
Accredited Certificate of Participation
Complete Training Kit
Coffee Break
Closing Ceremony
Complete your registration
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