Designing Strategies to Reduce the Holding Cost of Excess Inventory

An applied course in excess inventory holding cost built around the decisions practitioners actually face.

📍 Tripoli🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points

Course Overview

Warehouse performance on excess inventory holding cost is decided by layout and discipline long before technology. A supply chain is only as reliable as the least visible link inside holding cost. It suits anyone whose decisions touch the procurement and supply operations capability, in large organisations and small ones alike. The result is the confidence to make and defend decisions about excess inventory holding cost under scrutiny. The difficulty is not agreeing that the procurement and supply operations discipline matters — it is deciding what to stop doing to make room for it. The course gives participants a defensible structure for holding cost and the judgement to adapt it. Across sectors, teams that rehearse excess inventory holding cost outperform teams that only plan it. The programme uses small-group work so that each participant's treatment of holding cost is examined, not just described. It closes by agreeing the smallest change to this part of procurement and supply operations that would make a visible difference.

Expected Learning Outcomes

01

Negotiate payment terms on excess inventory holding cost that improve cash without damaging supply.

02

Handle the trade-offs in holding cost between speed, cost and assurance explicitly rather than implicitly.

03

Prepare the audit trail for every award decision under excess inventory holding cost.

04

Apply the correct customs, international delivery terms and documentation treatment to holding cost.

05

Establish traceability from supplier through storage to point of use for excess inventory holding cost.

06

Prepare a short, evidence-based briefing on holding cost for senior management.

07

Compare the organisation's handling of excess inventory holding cost with recognised practice, and close the material gaps.

Who Should Attend

01

Internal auditors examining controls over excess inventory holding cost.

02

Risk managers assessing the exposure created by holding cost.

03

Supply chain planners forecasting demand for excess inventory holding cost.

04

Inventory controllers managing stock within holding cost.

05

Quality staff inspecting incoming material in excess inventory holding cost.

06

Planning staff whose forecasts and budgets are affected by holding cost.

Course Modules

01

Excess inventory holding cost: continuity, risk and single points of failure

2 sessions · 8 points

Session 1The hard cases in excess inventory holding cost and how to reason about them

  • Confirm traceability from supplier to point of use for excess inventory holding cost.
  • Assess supplier financial health for critical elements of holding cost.
  • Close out actions on excess inventory holding cost rather than leaving them open indefinitely.
  • Set escalation thresholds for holding cost that work out of hours.

Session 2Laying out the warehouse around how holding cost actually moves

  • Identify single points of dependency in excess inventory holding cost and reduce them.
  • Evaluate holding cost on total cost of ownership across the full life.
  • Review the audit trail for the last three award decisions on excess inventory holding cost.
  • Rank the weaknesses in holding cost by consequence rather than by ease of fixing.
02

Holding cost: supplier performance and relationship management

2 sessions · 8 points

Session 1Building the method for holding cost step by step

  • Segment spend on excess inventory holding cost by value and supply risk before choosing an approach.
  • Identify the data already collected that bears on holding cost.
  • Distinguish symptoms from causes when excess inventory holding cost underperforms.
  • Remove steps in holding cost that add effort without adding assurance.

Session 2Choosing the right sourcing approach for holding cost

  • Write the specification for excess inventory holding cost so two suppliers would price it the same way.
  • Identify slow-moving and obsolete stock inside holding cost and decide its fate.
  • Compare the cost of excess inventory holding cost with the cost of its absence.
  • Set the consequence for failing service levels on holding cost, and apply it.
03

Holding cost: measurement, savings validation and reporting

2 sessions · 8 points

Session 1Keeping holding cost alive after the initial push

  • Estimate the resource excess inventory holding cost requires to run as designed.
  • Assign responsibility for keeping documentation of holding cost current.
  • Negotiate payment terms on excess inventory holding cost without pushing suppliers into distress.
  • Agree the escalation route when supply of holding cost is disrupted.

Session 2Evaluating suppliers on excess inventory holding cost beyond the lowest number

  • Map the handovers in excess inventory holding cost between functions and secure them.
  • Apply ethical and environmental criteria to supplier selection in holding cost.
  • Review whether inventory policy on excess inventory holding cost still matches actual demand.
  • Verify six months later that changes to holding cost have held.
04

Holding cost: controls, segregation and fraud prevention

2 sessions · 8 points

Session 1Documentation and customs treatment for holding cost

  • Record what was learned when excess inventory holding cost did not go as planned.
  • Confirm that those complying with holding cost understand why it exists.
  • Identify where judgement in excess inventory holding cost is legitimate and where it is not.
  • Check that records of holding cost answer the questions likely to be asked.

Session 2Contract terms on holding cost that survive execution

  • Verify segregation between requisition, approval and receipt in excess inventory holding cost.
  • Identify single-source dependencies in holding cost and cost the alternatives.
  • Define measurable service levels in the contract covering excess inventory holding cost.
  • Calculate reorder point and safety stock for each item in holding cost.

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.