Inventory Record Integrity
One of the fundamental requirements of any
manufacturing / distribution company is the reliability of inventory
information. This course
provides a focused forum for team groups to fully understand what is
required to achieve accurate inventory records. It is presented in the initial
stages of a business improvement process or prior to implementing new
manufacturing software to insure that less than the best inventory
integrity never becomes an issue.
Accurate records are the foundation of
effective communication for planning and control of your manufacturing /
distribution company. This
workshop describes how MRP II and Lean Manufacturing both depend on
accurate inventory records.
The session establishes why inventories exist and the planning aspects
that determine levels of inventory.
Until an organization knows exactly what it has on hand, it is
very difficult to deal with reducing the overall quantity on hand. The rule is Integrity comes
An 8-step methodology for achieving accurate
inventory records is presented such that the attendees will be able to
quickly develop their own action plan specific to their own company and
know how to implement the plan as soon as the workshop is over. Cycle counting is introduced and
discussed, not as a end all to fix the inventory, but rather as a way to
verify that all the inventory transaction processes are working
correctly every day, every time.
Each participant will gain a clear understanding of exactly how
and when to implement a cycle counting program and how to insure you get
your money’s worth from the effort.
This is not a course on inventory theory. The two-day workshop presents a
practical and hands-on way to get your inventory integrity up to the
levels that are required by any and all formal planning and scheduling
methodologies. This session
provides your inventory team the methodology to fix the inventory
quickly and permanently.
The objective is 98% integrity in 90 to 120 days.
As a result of
this course, you will be able to:
Eliminate obsolete inventory
Reduce late shipments
Do away with premium shipping costs
Stop doing those expensive physical
Match-up actual quantities with what
the computer says
Have complete accountability for
Eliminate wasted time looking for
Reduce total inventory levels
Who Should Attend: This
course is for the project team members directly involved with the
issues surrounding inventory integrity. This includes people from
engineering, planning, stockroom, shipping/receiving, finance,
information systems, materials, inspection and manufacturing.
Website Presenting This Workshop in Detail