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Each program participant will get 1 year free individual license access to a Program Domain Specific AI System to Answer his job related queries

INV860-1D

1 Week Online Instructor Lead Training Program

Inventory & Warehousing Performance Evaluation & Audit Leveraging Ai

Building Skills in

  1. Methodology for Operational & Customer Focused Performance Evaluation

  2. Methodology for Inventory & Warehousing Strategic Alignment Performance Evaluation

  3. Preparing & Implementing Balanced Scorecard

  4. Evaluating Inventory & Warehousing Technology Adoption & Leadership

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What is Covered in this Program?

  1. The participant will learn how to Evaluate & Audit the Inventory & Warehousing Operational and Strategic Management Arrangements and Performance towards achievement of Operational Targets, Strategic Objectives, Organizational SOPs and Logistics-wide Leadership.
  2. This program will introduce New Data Analytics and Artificial Intelligence Methods for Real Time and Proactive Performance Evaluation & Reporting.
  3. This program will also discuss the methodology for setting-up an Inventory & Warehousing Balanced Scorecard to develop a 360-degree Performance Evaluation Scorecard and Identify Required Improvements.
  4. This program will also help answer the following questions: How successful are we in meeting our Inventory & Warehousing Operational Targets? Are we working adequately towards our Inventory & Warehousing and Organizational Strategies? How is our Inventory & Warehousing Leadership working at various Levels? Are we a Learning Organization? Are we Improvement Oriented? Do we have the required Work Culture to meet our Business Objectives? Are we Customer-Focused?
  5. This program will build the Process-by-Process Knowhow for Identifying, Planning, Measuring & Reporting based on: Applicable & Subscribed Standards, Commitments, Stakeholder Needs & Expectations, Operational Targets, Strategic Plans, Innovation Opportunities and Leadership. This program will discuss Inventory & Warehousing Functional Audits and Special Audits. Participant will learn about the Good and Best Practices for the Operational Audit Processes.
  6. Participants will also gain understanding of Inventory & Warehousing Data Analytic and Artificial Intelligence Systems that can provide the Decision Makers adequate timely and proactive Performance, Intervention, and Improvement Insights.

Who should Attend?

  1. This program is intended for Inventory & Warehousing (I&W) Performance Evaluation and Operational Audit Professionals, Managers and Auditors.
  2. This program will also be useful for Inventory & Warehousing Planners, Developers, Consultants, Professionals and Teams assigned responsibility for Identifying and Implementing Improvements on Existing Processes to incorporate New Technologies, Motivation and Leadership Systems, Data Analytic and Artificial Intelligence.

PROGRAM CONTENT
(Ai & Data Analytics Leveraged)

Inventory & Warehousing Performance Evaluation & Audit Leveraging Ai


  1. Business Aspects of Inventory & Warehousing (I&W) Operations
  2. Strategic Aspects of Inventory & Warehousing
  3. Inventory & Warehousing Technologies and Trends
  4. Good and Best Practices
  5. Meaningful Inventory & Warehousing Performance Measures
  6. Understanding Performance KPIs for Inventory & Warehousing Key Processes (or Process of Concern)

    (1) Planning

    (2) Coordination with Stakeholders

    (3) SLAs & Contractual Commitments

    (4) Inventory Materials Issue

    (5) Inventory System Monitoring & Alerts

    (6) Warehousing Planning

    (7) Materials Reciept & Acceptance

    (8) Stocking

    (9) Inventory Reporting

    (10) Reordering Alerts or Initiations

    (11) Expediting

    (12) Inventory Integrity Maintenance

    (13) Processes for Developing Logistics Human Resources

    (14) Logistics Knowledge System

    (15) Delivery Management Process
  7. Understanding the Inventory & Warehousing Stakeholders
  8. Needs and Expectations of Inventory & Warehousing Customers and Stakeholders
  9. Initial Performance Evaluation & Audit Assessment and Planning
  10. Define Objectives Process
  11. Performance Evaluation & Audit Assessment Scope Determination Process
  12. Resource Allocation Process
  13. Performance Evaluation & Audit Assessment Data Collection Processes
  14. Historical Data Review Process
  15. Inventory Records Process
  16. Interviews and Surveys Processes
  17. On-site Inspections Processes
  18. Performance Metrics and Key Performance Indicators (KPIs) Processes
  19. Define Inventory KPIs Process
  20. Benchmarking for KPIs Process
  21. Inventory Accuracy and Reconciliation Processes
  22. Evaluating Cycle Counting Process
  23. Inventory Discrepancy Analysis Process
  24. Evaluating Inventory Reconciliation Process
  25. Inventory Storage and Layout Optimization Processes
  26. Evaluating Space Utilization Process
  27. Evaluating Storage Methods Process
  28. Inventory Workflow Analysis Process
  29. Order Fulfillment and Processing
  30. Evaluating Order Accuracy Process
  31. Inventory Processing Time Process
  32. Order Fulfillment Rate Process
  33. Inventory Turnover and Stock Management
  34. Evaluating Turnover Analysis Process
  35. Stock Levels Process
  36. Demand Forecasting Process
  37. Compliance and Safety
  38. Regulatory Compliance Process
  39. Safety Practices Process
  40. Technology and Systems Evaluation
  41. Inventory Management Systems (IMS) Process
  42. Inventory Automation Processes
  43. System Integration Process
  44. Inventory Audit Reporting
  45. Program Recommendations
  46. Detailed Personalized Inventory & Warehousing (I&W) Operational Audit & Performance Evaluation Improvement Outline Action Plan

1 Week Training Program

Outcomes & Takeaways

Outcomes and Takeaways Overview
  1. Knowhow and Technology Transfer to the Participants. Building relevant Understanding, Skills & Process Knowledge.
  2. Multi-discipline understanding of Program Topics.
    Means that post program when participant takes decisions, related to his work, participant will automatically and subconsciously consider and take into account (as applicable) Internal & External Customer Needs and Expectations, Operational & Strategic Objectives, Regulatory Aspects, Industry Standards, Technology Options, Understand Helpful Modern Tools and Methods, Understand Risks, Actions for Increasing Productivity, Legal & Contractual Aspects, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities, Key Performance Indicators, Meaningful Performance Evaluation System, and, Data Analytic Opportunities.
    This type of understanding and habit otherwise develops after years of rich and diverse work experience. (in reality few employees get this opportunity)
  3. Knowledge Framework outline which will enable the participant to understand and learn the right lessons when reflecting on his own past, present and future on-the-job experience.
  4. Training that will empower the participant to identify, support and implement improvements in his work area, team, section, department, and organization.
This 1 Week Training Program participant will typically take away...
  1. Program related knowhow, skills, competencies and process knowledge.
    This program will use case studies and benchmarked Good and Best Practices to enhance participants program related work and decisions understanding, knowledge and analytical skills.
  2. Domain Knowledge and process knowledge.
    The participant will become empowered and should become more Productive, Effective, Efficient, Customer Focused and Strategic Focused.
    At the end of the program, the Participant will prepare a Customized Outline Action Plan which will serve as the roadmap and competency and to suggest some improvements in his work area.

Benefits to the Organization Sponsoring Participants to this program

(Benefits made possible by Euro Training's unique, multidiscipline, customer focused, strategic focused, easy to understand and apply training methodology that relies on Industry Good and Best Benchmarked Practices)

  • Euro Training programs are different. They develop practical Job Skills.
    This program is designed to make the participant aware of the domain processes, multi-discipline skills and competencies related to his job responsibilities.
    Each program is customized and made useful for the particular participant group, our target is 90%+ topics directly applicable to the work today or in future.
    Benefits you may see in participant post program behavior...
    • Inclination to Recognize his stakeholders, and their needs & expectations. He will also get understanding of how to analyze to find ways to exceed customer expectations and delight the customers.
    • Higher level of relevant Job skills
    • Taking Initiative to Propose Improvements in Work Responsibility Area.
  • Further, and as mentioned before, this program will Build Multi-Discipline Understanding, Knowledge and Skills including (as relevant)...
    • Increased Technical and Process Knowhow
    • Awareness to the Need to align performance to the Needs and Expectations of Stakeholders/ Customers (internal & external)
    • Awareness of the Need to Align performance to Organizational Operational and Strategic Objectives.
    • Understanding Domain Good Management Practices, and, Awareness to meet Requirements and Recommendations of the Relevant Industry and Professional Standards.
    • Awareness to consider for possible application the Program Discussed Best Benchmarked Domain Practices that can assist making Dramatic Process Improvements.
  • Type of improvements the participant will be trained to analyze and implement include (as relevant) Productivity Improvements, Product and Service Differentiation and Exceeding Stakeholder & Customer Expectations.
  • Euro Training Instructors often act as mentors for participants (solely subject to instructor approval). Your participants can utilize this free service to ensure effective post program reinforcement and help when applying the ideas, skills and competencies acquired during the training.

Participant Individual Career Benefits

  1. First, and most important benefit, is the positive self-esteem that will come from being able to do your work right first time and meet internal and external customer expectations.
  2. Second, the Program developed Understanding, Skills & Competencies will help you successfully present your professional and Team skills at Job Interviews and Internal Performance Evaluation Reviews.
  3. You gain a clear direction for analyzing, proposing and implementing improvements in your work area.
    The outline action plan you prepare and take away after the program will help you take improvement initiatives and make a positive difference in your performance on the job, team, business unit or organization. This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job.
  4. Post program when you take decisions related to your work processes you will automatically consider (as applicable): Internal & External Customer Needs and Expectations, Technology Options, Data Analytics and Artificial Intelligence Opportunities, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increase Productivity, Consider Legal & Contractual Aspects, Consider Intellectual Property Aspects, Pay attention to Safety and Security, Consider future Audit, Weigh Cost Benefit between options, Be Mindful of Key Performance Indicators (KPIs), Consider how Performance will be evaluated, and, Consider need for, and Opportunity to Develop, a Decision Support Knowledge Base, .... (and, possibly more multi-discipline aspects).

Registration Form

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Registration & Fee Information

  1. Fee information is also available at:   PROGRAM-FEE-PAGE   Special Discounts May be Available Please email scholarships@eurotraining.com.
  2. To register please send us an official letter confirming registration (on organizational letterhead or company email), or, send us a completed registration form above. GET MSWORD REGISTRATION FORM .
  3. Fees are Payable by Bank Transfer or Bank Draft.
    • Online Instructor Lead Program Fee for 1 Week (5 day/40 hrs) online Training Program is: $2500.
    Fee includes 1 year Free Access to Program Related Ai System.
  4. A Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
  5. Cancellation & Date Change: No Fee Refund if participant cancels his registration less than 3 weeks before start of the program. Alternate nominations may be allowed if requested atleast 2 weeks before program start. In case of exceptional hardship or emergency participant may be allowed to attend same program at another location or date on payment of 10% of fee.
  6. All participants are required to fill in Participant Information Form and Program Related Questionnaire - on first day of the program.
  7. Each program Undergoes Customization to Better Meet Participant Present and Future Job and Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
  8. It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
  9. Provisional Registration : You can make a provisional registration request by sending us an email using an official email account. Provisionsl registration request, when confirmed by Ai Knowledge Systems, will reserve a seat for you for 14 days. After our Confirmation you have 2 weeks to send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Registration Confirmation if registration is not reconfirmed from your side (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way.
  10. Please note All provisional registrations automatically cancel 2 weeks before program start unless confirmed otherwise by us.

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