OXCEL Special Training: INVENTORY MANAGEMENT SKILLS _29- 30 October 2011

SPECIAL TRAINING SEMINAR
“ INVENTORY MANAGEMENT SKILLS ”

Course Title Language of Instruction Venue Duration Date Time Admission Fee Free Group booking

: INVENTORY MANAGEMENT SKILLS : Khmer : Hotel : 2 Days (16 Hours) : 29TH & 30TH October 2011 : 08:30 – 17:30 : USD169.00 booking before 24th Oct 2011(after that   the investment cost will be $199 per participant).   : Coffee Breaks, Lunch, Training Materials and     Certificate of Attendance from OXCEL. : 5 persons will get one free.      20% discount for OXCEL Members.

Please notice that seats are limited and book your seats now!.

For more information/ registration, please feel free to contact us.
OXCEL (CAMBODIA) CO., LTD
No. 74, Street No.360, Sangkat Boeung Keng Kang III, Khan Chamkarmorn, Phnom Penh, Kingdom of Cambodia| Cell Phone:010-666697/015-959595 / 012-225252 | Tel: 023-216313 | 023-987545| Fax: 023-993876 | E-mail: info@oxcelcambodia.com | Website: www.oxcelcambodia.com / F:www.facebook.com/oxcelcambodia

INVENTORY MANAGEMENT COURSE OUTLINE.

2 Days Program

Inventory Management Skill

Inventory is an idle resource which is usable and has value.
It may be men, money, materials, plant acquisition, spares and other stocked to meet future demand.
Inventory control is necessary to ensure.
(a) Uninterrupted supply of materials.
(b) Optimal stock. (Not too much, not too little)
(c) Adequate controls over materials un-used, used

Inventory Management

To avoid the shortage of inventory in the company, manager/controller must well prepare in planning, they have to understand about the way they need to control and order plan, the demand in the market to fit the purchase order.

Who should attend?

This program is particularly beneficial for participants who would like to develop a control inventory skills. It is a high-level, intensive and dynamic program that will progress rapidly.

This program will be beneficial for people who have responsibilities for ensuring that a business unit / department / team operate efficiently and effectively.

• Warehouse controller
• Inventory Accountant
• Ware house manager
• Related Inventory Manager (Purchasing department)
• Non finance manager

Learning Objectives

At the end of program, the participants will know how to:

• Type of inventory
• Inventory and Quality Management
• Economic Order Quantity (EOQ)
• Reorder point
• Fixing Stock levels
• Inventory Cost Flows
• Inventory Methods
• Inventory cost calculation
• Purchase discount
• Inventory Cost Flow Methods (SPC, AVG, LiFO, FiFO)
• Ratio related to Inventory

 

Inventory Management Skill
Duration	2 days
The need for it	Inventory is an idle resource which is usable and has value. It may be men, money, materials, plant acquisition, spares and other stocked to meet future demand. Inventory control is necessary to ensure. (a) Uninterrupted supply of materials. (b) Optimal stock. (Not too much, not too little) (c) Adequate controls over materials un-used, used
Learning Objectives	At the end of program, the participants will know how to: Type of inventory Inventory and Quality Management Economic Order Quantity (EOQ) Reorder point Fixing Stock levels Inventory Cost Flows Inventory Methods Inventory cost calculation Purchase discount Inventory Cost Flow Methods (SPC, AVG, LiFO, FiFO) Ratio related to Inventory
Day 1
08:00 - 08:30	Registration
08:30 - 08:45	Self introduction
08:45 - 10:15	What is inventory? Type of inventory Inventory and Quality Management Inventory cost Important of inventory control Objective of inventory control Factor affecting level of inventory Economic Order Quantity (EOQ) Reorder point Fixing Stock levels -Maximum level -Minimum level -Re-order level -Average stock level
10:15 - 10:30	Coffee break
10:30 - 12:00	Question of fixing stock level ABC ANALYSIS (ABC = Always Better Control) VED Analysis Other Analysis
12:00 – 13:00	Lunch
13:15 – 15:00	Inventory Cost Flows Inventory Methods Perpetual Inventory System Periodic Inventory System Comparison of Inventory Systems
15:00 – 15:15	Coffee break
15:15 – 17:00	What is Included in Inventory? Expenditures Included in Inventory Purchase Discounts Net Method Using Perpetual and Periodic Inventory Cost Flow Methods Specific Cost Identification Average Cost Method
Day 2
08: 30 – 10:00	Average Cost Method -Periodic average cost       -Perpetual System
10:00 – 10:15	Coffee break
10-15 – 12:00	First-In, First-Out (FiFo) Periodic average cost Perpetual System Last-In, First-Out (LiFo) -Periodic average cost             -Perpetual System
12:00 – 13:00	Lunch
13:00 – 15:00	Comparison of Cost Flow Methods Discuss the factors affecting a company’s choice of inventory method. Understand supplemental LIFO disclosures and the effect of LIFO liquidations on net income.
15:00 – 15-15	Coffee Break
15:15 – 17:00	Calculate the key ratios used by analysts to monitor a company’s investment in inventories. Exercise
17:00	Close

Kea Bora, MBA

Mr. Bora Kea is a Master’s degree holder in the field of Business Management and Bachelor’s degree in accounting.

He is currently Head of Marketing Planning and Corporate strategy at Hello Axiata Company limited since January 2009.

Prior to join Hello Axiata, Bora has more than eight-year managerial experience in Accounting and Finance in several service companies such Garment factory, Travel agency, Telco and Real Estate.

Bora’s area of specialization is in the area of Strategic Thinking & Planning, Management & Business Development. With the previous experience in the Accounting and Finance field, he has developed his career to join the marketing section to transform the Channel Distribution and lead the Customer Lifecycle Management.

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How to register? Contact below info:
OXCEL (CAMBODIA) CO., LTD
No. 74, Street No.360, Sangkat Boeung Keng Kang III, Khan Chamkarmorn, Phnom Penh, Kingdom of Cambodia| Cell Phone: 010-666697/015-959595 / 012-225252 | Tel: 023-216313 | 023-987545| Fax: 023-993876|E-mail:info@oxcelcambodia.com|Website:www.oxcelcambodia.com / F:www.facebook.com/oxcelcambodia