Warehousing and Procurement

Designing Empty-Shelf Inventory Management Strategies

An applied course in empty-shelf inventory management built around the decisions practitioners actually face.

  • 5training days
  • 4modules
  • 8sessions
  • 32topics
Designing Empty-Shelf Inventory Management Strategies
5days

About the programme

Course Overview

Warehouse performance on empty-shelf inventory management is decided by layout and discipline long before technology. Most procurement disputes about this strand of procurement and supply operations originate in a specification written too quickly. It is designed for mixed groups, so that the procurement and supply operations discipline is examined from more than one functional angle. The course gives participants a defensible structure for empty-shelf inventory management and the judgement to adapt it. They leave able to brief senior management on the procurement and supply operations capability in terms that support a decision. Field experience suggests that the barrier to better the wider procurement and supply operations agenda is rarely technical. Sessions alternate between guided analysis of empty-shelf inventory management and supervised application. Teams frequently over-invest in documenting this aspect of procurement and supply operations and under-invest in testing it. The course ends by identifying what the participant will stop doing to make the practice within procurement and supply operations sustainable.

Expected Learning Outcomes

  • Apply the correct customs, international delivery terms and documentation treatment to empty-shelf inventory management.

  • Prepare a short, evidence-based briefing on empty-shelf inventory management for senior management.

  • Design contract terms for empty-shelf inventory management that make performance measurable and enforceable.

  • Assess continuity risk in empty-shelf inventory management and build a proportionate mitigation.

  • Distinguish the parts of empty-shelf inventory management that must be standardised from those that require judgement.

  • Build a concise sourcing procedure for empty-shelf inventory management that colleagues can follow without further explanation.

  • Integrate empty-shelf inventory management with demand forecasting and production planning.

Who Should Attend

  • Quality staff inspecting incoming material in empty-shelf inventory management.

  • Managers of multi-site operations seeking consistency in empty-shelf inventory management.

  • Engineering and maintenance staff specifying requirements for empty-shelf inventory management.

  • Supplier relationship managers developing partners in empty-shelf inventory management.

  • Inventory controllers managing stock within empty-shelf inventory management.

  • Consultants and advisers supporting clients on empty-shelf inventory management.

Course Modules

Open any module to see its sessions and topics.

01

Empty-shelf inventory management: inventory policy and working capital

2 sessions · 8 points

Session 1Laying out the warehouse around how empty-shelf inventory management actually moves

  • Evaluate empty-shelf inventory management on total cost of ownership across the full life.
  • Segment spend on empty-shelf inventory management by value and supply risk before choosing an approach.
  • Confirm that contractual obligations around empty-shelf inventory management are understood.
  • Agree the smallest change to empty-shelf inventory management that would be visibly useful.

Session 2Making supplier performance on empty-shelf inventory management mean something

  • Set the stock count cycle for empty-shelf inventory management and act on discrepancies.
  • Assign responsibility for keeping documentation of empty-shelf inventory management current.
  • Check the delivery terms and customs classification applied to empty-shelf inventory management.
  • Negotiate payment terms on empty-shelf inventory management without pushing suppliers into distress.
02

Empty-shelf inventory management: supplier evaluation, award and contract terms

2 sessions · 8 points

Session 1Comparing empty-shelf inventory management with recognised practice

  • Close out actions on empty-shelf inventory management rather than leaving them open indefinitely.
  • Define acceptance criteria for empty-shelf inventory management in advance.
  • Define the trigger that would require empty-shelf inventory management to be redesigned.
  • Map the physical flow of empty-shelf inventory management through receiving, storage and dispatch.

Session 2Proving the savings claimed on empty-shelf inventory management were real

  • Build the competence framework that supports empty-shelf inventory management.
  • Calculate reorder point and safety stock for each item in empty-shelf inventory management.
  • Confirm traceability from supplier to point of use for empty-shelf inventory management.
  • Review the audit trail for the last three award decisions on empty-shelf inventory management.
03

Empty-shelf inventory management: warehouse layout, flow and handling

2 sessions · 8 points

Session 1Documentation and customs treatment for empty-shelf inventory management

  • Record what was learned when empty-shelf inventory management did not go as planned.
  • Validate claimed savings on empty-shelf inventory management against actual invoiced spend.
  • Verify six months later that changes to empty-shelf inventory management have held.
  • Identify single-source dependencies in empty-shelf inventory management and cost the alternatives.

Session 2Moving empty-shelf inventory management from approval to execution

  • Assess supplier financial health for critical elements of empty-shelf inventory management.
  • Apply ethical and environmental criteria to supplier selection in empty-shelf inventory management.
  • Verify segregation between requisition, approval and receipt in empty-shelf inventory management.
  • Identify where judgement in empty-shelf inventory management is legitimate and where it is not.
04

Empty-shelf inventory management: controls, segregation and fraud prevention

2 sessions · 8 points

Session 1Choosing the right sourcing approach for empty-shelf inventory management

  • Benchmark the organisation's empty-shelf inventory management against comparable operations.
  • Identify slow-moving and obsolete stock inside empty-shelf inventory management and decide its fate.
  • Check that empty-shelf inventory management still works when volumes rise unexpectedly.
  • Review whether inventory policy on empty-shelf inventory management still matches actual demand.

Session 2Building lasting competence in empty-shelf inventory management

  • Anticipate the objections empty-shelf inventory management will raise and prepare the answers.
  • Establish what evidence demonstrates empty-shelf inventory management is under control.
  • Plan the sequence in which improvements to empty-shelf inventory management will be introduced.
  • Decide what will be stopped to create capacity for empty-shelf inventory management.

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

We will contact you within one business day to confirm.

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