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REGISTER NOW !!! Scheduled Planned Maintenance And Predictive Maintenance (6 & 7 August 2025)
Eco-Friendly Dyes Tailored for Your Industry
Inventory Management - Supply Chain, Demand Forecasting And Production Planning Strategies (8 & 9 Sept 2025)
Please call 012-588 2728
email to pearl-otc@outlook.com
HYBRID PUBLIC PROGRAM
INVENTORY MANAGEMENT - SUPPLY CHAIN, DEMAND
FORECASTING AND PRODUCTION PLANNING STRATEGIES
(** Choose either Zoom OR Physical Session)
Remote Online Training (Via Zoom) &
Dorsett Grand Subang Hotel, Selangor (Physical)
(SBL Khas / HRD Corp Claimable Course)
Date : 8 Sept 2025 (Mon) | 9am – 5pm By SH Yeo
9 Sept 2025 (Tue) | 9am – 5pm . .
INTRODUCTION
Inventory if managed efficiently is a very important asset for any business operation, whilst on the other hand if not well managed, will become a company financial nightmare.
This program aimed to bring knowledge and awareness to participant on the key strategies and techniques to manage inventory efficiently to help company achieves desirable financial stability.
LEARNING OBJECTIVES
By the end of the session, participants will able to:-
- Develop understanding on supply chain strategies and integration
- Develop understanding on fundamental and principle of inventory management
- Acquired knowledge on various method of forecasting and forecasting best practices
- Acquired the understanding of the push and pull inventory system strategies
- Acquired knowledge in key principles of production planning and cont
- Acquired knowledge on BCP and taking action to prevent disruption and recovery from disruption
TARGET AUDIENCE
Key participants who are encouraged to attend this program will be everyone involved in the supply chain operation, warehousing, procurement, production, planning, sales team members and middle and senior executives and managers who are involved directly or indirectly in managing the efficiency of the company inventory operation.
MODE OF LEARNING AND DURATION
a) Power point presentation and notes will be provided
b) Case studies to stimulate better learning
c) Post test to gauge learning toward the end of the program
OUTLINE OF WORKSHOP
Module 1 – Supply Chain Integration and Inventory Strategies ü Definition and Goals of Supply Chain ü Fundamental of Supply Chain ü Key types of Supply Chain Business Model ü Integration Strategies ü Push and Pull consideration ü Consignment and VMI stocking policy ü Reorder level and Safety stock ü Kanban system ü Economic order quantity calculation ü Holding cost calculation ü Inventory to sales calculation ü Turnover and days ratio and calculation ü SLOB management ü Expediting strategy
Module 2 – Demand Forecasting ü Qualitative Forecasting – Delphi system ü Quantitative Forecasting – Historic system ü Quantitative Forecasting – Simple Moving Average ü Quantitative Forecasting – Simple Exponential Smoothing ü MAPE calculation ü MAE calculation ü Forecast common error ü Forecast best practices ü Customer and Suppliers Integration
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Module 3 – Stock and Inventory Physical management system ü Inventory versus Stock ü Storage and Putaway strategies ü Picking strategies ü Cycle counting ü Cross docking
Module 4– Strategies to Reduce Inventory and Stock Disruption ü Suppliers segmentation and management ü Managing beyond the 1st tiers supplies ü BCP strategies
Module 5 – Planning for Production with Integration strategy ü Production Planning ü Production Control ü Integration for planning excellence
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** Certificate of attendance will be awarded for those who completed the course
ABOUT THE FACILITATOR
MR. SH YEO
Academic & Professional Qualifications
Certified HRDF Trainer (TTT certificate number 4669)
Certified Professional Trainer and Facilitator (University Malaya, Malaysia)
· Diploma in Human Resource Management (UK)
· Diploma in Production Management (USA)
· MBA in Supply Chain Management (USA)
· 33 year of management experience in supply chain and operation
· Trainer & consultant since 2008
Mr. Yeo is a very experienced supply chain and operational manager. During his working career, spanning over 33 years, he has held various positions as following:-
1987 - with International Paint (later known as Akzo Nobel International Paint) as a Storekeeper
1989 to 1992 @ Warehouse Executive
1992 to 1993 @ Warehouse Manager
1993 to 1998 @ Production Manager
1998 to 1999 @ join Melandas as a Logistics and Purchasing Manager.
1999 to 2004 @ join Dian Creative as a Material Manager
2004 to 2006 @ join Joubert SA Malaysia as Purchasing Manager
2006 to 2008 @ Procurement Manager
2008 to 2019 @ Supply Chain Manager and Company Director
His major achievements include the following:-
a) Increase productivity in the production department by providing intrinsic and extrinsic motivation to the employees from 1993 to 1998.
b) Making major decision to advise a MNC company to drop LMW warehousing scheme and adopting MITI PC1 and 2 exemption system to help company to be more competitive in the local and oversea market in 1998.
c) Co coordinating Kastam licensing and reporting to solve company reporting and licensing issue with Kastam
d) Establishing control and procedure and bringing awareness to employee on important of supply chain control in 2004 until 2019 and achieving 100% shipment performances to customers
e) Involve in negotiating with a major customer from Europe to secure new contract and beside visiting overseas suppliers for performances improvement and selection of new suppliers
f) Carry out new product development by working with engineering and design team and suppliers, including spending on site at supplier premise to solve new product design issue
g) Introduced new procedures in warehouse and operation for better control of operation and reporting system
h) Managing and conducting cost reduction management program from 2008 to 2013 and reduce cost for the company by up to RM6.5 mil.
i) Involve in managing suppliers contract and involving in proposing and drafting new contract and contract renewal for suppliers from 2008 until 2019 (early retirement) by working with suppliers and internal stakeholders with guidance from legal expert.
j) Managing Non Disclosure Agreement with suppliers to protect company intellectual property.
He has been conducting training since 2008 and recently retired as a fulltime supply chain manager and company director to concentrate on full time training and coaching.
(SBL Khas / HRD Corp Claimable Course)
TRAINING FEE | |
14 hours Remote Online Training (Via Zoom) RM 1,296.00/pax (excluded 8% SST) |
2 days Face-to-Face Training (Physical Training at Hotel) RM 2,250.00/pax (excluded 8% SST) |
Group
Registration: Register
3 participants from the same organization, the 4th participant is FREE.
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We hope you find it informative and interesting and we look forward to seeing you soon.
Please act fast to grab your favorite training program! Please call 012-588 2728
or email to pearl-otc@outlook.com
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Thanks
Regards
Pearl
by "sump@otcsb.com.my" <sump@otcsb.com.my> - 12:36 - 5 Jul 2025