Advanced Certificate in Strategic Inventory Management (ACSIM™) (5 days)
Course Overview
Effective Inventory Management is a vital element of Supply Chain management and effectively underpins both financial revenue streams for the organisation as well as ensuring that projects are completed on time. Additionally, effective inventory management determines organisational cash flow. Too much or ob-solete inventory consumes cash resources that could be put to better use by the organisation operationally or to fund strategic initiatives. Too little and project delays and customer service levels suffer.
This advanced course leads delegates through the key methodologies to ensure that inventory levels are optimised both financially and operationally. The course expands to incorporate safety stock level system management, the management of slow moving and obsolete inventory and provides delegates with a soft copy inventory management model to enable delegates to swiftly and confidently implement their learn-ing upon their return to the workplace.
ACSIM™ provides the understanding, framework, tools, and principles that allow organisations to build, embed and develop world class Inventory Management.
On completion of this five day training course you will receive your certificate which is certified, through independent assessment and accreditation, by the International Federation of Purchasing and Supply Management (IFPSM) PAS Standard.
Course Contents
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DAY 1
DAY 2
Identifying & Managing “Drag” Inventory
DAY 3
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Business Simulation
DAY 4
Key Performance Indicators (KPI’s) and Service Levels
DAY 5
The programme will include a series of group exercises, a business simulation and case studies with a high level of delegate interaction. ACSIM™ Examination * * Only those who successfully complete the examination and participate effectively in the course case studies will receive the Advanced Certificate in Strategic Inventory Managementt (ACSIM™) |
Benefits of Attending
- Gain an accredited Certificate approved by a recognised UK awarding body - Advanced Certificate in Strategic Inventory Managemen (ACSIM™)
- Use ACSIM™ on your business card and on your resume
- The ACSIM™ certificate will be received approximately one month following the close of the training course and will be issued jointly by Qualifi and BMTG.
Who should attend?
- Procurement Directors
- Business Owners / Managing Directors
- Inventory Managers
- Supplier Managers
- Supply Chain Managers
- Buyers / Senior Buyers
- Operations Managers & Directors
- Finance Managers
- Project Managers
- Executive Directors
- General Managers
- Divisional Heads
- Project Directors
- Project Engineers
- Administration Managers
- Project Leaders
- Team Leaders
- Supervisors
PLUS anyone who is responsible for / involved in Inventory Management & Control, or anticipates be-ing involved with Inventory Management & Control in the future
Trainers
Meet your training course director: Andrew Neilson F.C.I.P.S. (Chartered) F.C.I.L.T.
Andrew is a professionally qualified and award-winning procurement and supply chain executive. He has led and developed procurement and supply chain functions within leading UK based, globally reaching organisations including in country management across the Americas and the Far East. He was elected as a Fellow of the Chartered Institute of Purchasing and Supply in 2016 followed closely by becoming a Fellow of the Chartered Institute of Logistics and Transport in 2017.
Andrew has now taken all of his experience into providing expertise to clients / businesses of any size with end to end procurement, supply chain and logistics training / consultancy services on a global basis. Training is delivered to all types of organisations both publicly and on-site/in-house on Supplier Relationship Management, Category Management, Negotiation, Contract Development, Operations Management, Customer Relationship Management and Inventory Management plus anything you need within an end to end Supply Chain.
- Achieved Chartered status of the Chartered Institute of Procurement and Supply 2019
- Elected as a Fellow of the Chartered Institute of Logistics and Transport 2017
- Elected as a Fellow of the Chartered Institute of Procurement and Supply 2016
- Nominated for National Travel Buyer of the Year 2012
- Winner of Chartered Institute of Procurement and Supply – Best Purchasing Initiative 2008
- Finalist - European Supply Chain Excellence Awards – Individual Contribution to Supply Chain within the EU 2008
- Finalist - European Supply Chain Excellence Awards - Sourcing & Procurement 2008
MEET YOUR TRAINING COURSE DIRECTOR:
Patrick Woods
BSc, CPSM, CPSD, C.P.M., CPIM
Patrick is an international training consultant and adjunct professor, specializing in Business Administration, Project Management, Management Development, Supply Chain, Logistics and Procurement.
He brings 36 years of experience working in Senior Management positions for Fortune 100 corporations and based on his leadership of a multi-national team for Emerson Worldwide, a global technology and manufacturing company, was recognized by the CEO as the: “team of the year”. For the past 20 years, as the Founder of Supply Chain Education, Patrick has worked with over 300 firms based in 30 countries located primarily in the USA, the Middle East, Africa and Central America.
In collaboration with Missouri State University, USA, Patrick has delivered training which includes: leadership fundamentals, how to move from a tactical cost function to a strategic profit function and risk/cost management. His delivery style is: “Edutainment” where he blends best practices with a gentle dab of humor and as a result, he has won outstanding evaluations from major manufacturing to service to government organizations, including to NGOs in warn-torn countries. He divides his time between the USA (Texas) and Central America (Costa Rica).
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