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We invite you to Register for 1-Day Practical Workshops
at New Delhi, Bangalore or Mumbai

Inventory Control Techniques

- Cut Costs & Improve Profits by Systematic Inventory Management

On 14th March'15 at Hotel Jaypee Vasant Continental, Vasant Vihar, New Delhi
On 18th March'15 at Hotel Chancery, Lavelle Road, Bangalore 
On 21st March'15 at Hotel Ramada Plaza Palm Grove, Juhu Beach, Mumbai
(9.30 am to 5.00 pm)

Register early and get benefit of Lower Early Bird Fee
Please reply to registrations@indianacademy.org or call 022- 3040 3400


Managers/ Executives from Stores and Warehouses, Production/ Manufacturing, Stock Controllers, Material Controllers, Inventory Control Officers, Auditors, Finance Officers & others interested in managing inventories.
What is inventory ?: Types of Inventory.

Costs associated with inventories: R-Factor, K-Factor, Over-stocking/ Under-stocking Costs

Inventory Control & Management: Concepts & Techniques: ABC/ HML/ SDE/ GOLF/ SOS/ VED/ XYZ / FSN Analysis

Cost - Criticality Analysis, Movement Analysis, MUSIC-3D.

Contemporary Practices: Zero Inventory, JIT Inventory System, Push/ Pull Inventory, Vendor Managed Inventory (VMI), Co-managed Inventory

Inventory Ordering Systems: P System, Q System, Min-Max Levels, Re-Order Levels

Modern Storage and Inventory Practices: Automated Storage & Retrieval Systems (ASRS), Vertical Lift Modules & Carousal Types

Equipment for Inventory Management: Automated Identification Systems/ Bar Coding, RFID, Electronic Article Surveillance, Automated Guided Vehicles

Financial Aspects of Inventory Management: Accounting Systems & Valuation of Inventories/ Stocks

Why do Inventory System Dysfunction ? & How to Prevent ?

Physical Verification of Inventory: Techniques, Cycle Counting Systems.

Measures of Inventory Performance: Dash board for Inventory Metrics


Mr Ashok Sharma, B Tech, MBA, FIMA

He held the position of the World President, IFPMM - International Federation of Purchasing & Materials Management, Austria (an international body of 40 countries accredited to the UN and its specialized agencies like UNCTAD, International Trade Centre, Geneva, & UN Economic & Social Council).

A UN trained expert in training and development, Mr. Sharma has conducted more than 1500 executive development programmes and addressed several conferences - both national and international during last 30 years. He has been a visiting faculty at IIM, Ahmedabad & Indore, NITIE, ASCI, IIT, Mumbai, Tata Institute of Social Sciences, etc.

He has 35 years' experience in the corporate world - as Vice President, Blue Star Limited., Director, Mather & Platt Ltd., Chief Operating Officer, TechNova Imaging Systems Limited, and President, Pidilite Industries Limited, Mumbai.

He has been the President of the prestigious Bombay Management Association & National President, Indian Institute of Materials Management (IIMM). He co-authored a book on Supply
Chain Management published by Tata McGraw Hill.

He has won several awards- including a national award presented at the hands of Mr Pranab Mukherjee. He also won "Garner Themoin Medal" for world-class contribution to Purchasing, Materials Management & Supply Chain Management at international level.



Early Bird Fee Rs 8,500/- plus service tax @12% plus educational cess @3% = Rs 9,550/-
per participant, if the fee is received 10 days before the seminar dates, Fee covers Lunch, Tea/ coffee & Course material.

After that, normal fee of Rs. 9,550 + 12.36% plus service tax @ 12% plus educational cess @  3% = Rs. 10,730/- will apply. The seminar is non-residential. Fee can be paid by cheque/ NEFT (please ask us for bank details).

To register your nominations please
send an E-mail to registrations@indianacademy.org with
Your nominee's Name/s and Contact details or
Call 022- 3040 3400 or 8692 980 980/ 9820225512/ 8652340793
or by visiting our website
& send fee by cheque to the following address.
(If you want to remit by NEFT, please ask us for our Bank details)

Indian Academy of Management
331, Kaliandas Udyog Bhavan, Birla Century Lane , Worli, Mumbai - 400 025

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