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Achieving Excellence in Inventory Management

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Duration:1 day
Timings:10 AM – 5.30 PM
Dates:July 19, 2023
Programme Director:Prof. Rajesh Sikka
Fees: Online : Rs 6,000 + GST@18%
Offline: Rs 8,000 + GST@18%
Residential : Rs 13,000 + GST@18%

Programme Introduction:

Current Business Environment amidst global challenges has compelled all organisations to review their costs to remain competitive. Such cost pressures are much more in the case of manufacturing companies, especially companies that are suppliers to OEMs. Inventory being one of the main cost contributors in total costs, analysis of inventory and related factors can enable organizations manage inventory costs effectively.

Programme objectives:

The main objective of this program is to equip participants with skills and tools for analysing inventory, and developing effective inventory management strategies for meeting customer requirements.

Programme Content:

  • Importance of Inventory Management
  • Inventory Management Models
  • Lean Inventory Management
  • Forecasting & Inventory Management
  • Inventory Management and production planning & scheduling

Programme Methodology:

The programme would be instructor led with interactive sessions in each module. Discussions would involve active participation by all. Case Studies would be discussed during the program.

Target Organizations:

Manufacturing companies, especially OEM suppliers in Automobile Sector

Target Participants:

Participants can be senior management, middle management executives in Operations, Production, Supply Chain Management and Finance functions.

Programme Director:

Prof. Rajesh Sikka: has extensive industry-wide experience working in leading global companies. He is Ph.D. (Management) from Faculty of Management Studies, University of Delhi, Masters in International Business from Indian Institute of Foreign Trade (IIFT), Delhi, B.E. from Delhi College of Engineering, Fellow member of The Institute of Cost Accountants of India. Dr Rajesh Sikka is a practitioner of Operations Management, Supply Chain Management and Strategic operations across Automobile, ICT, Hi-Tech and Outsourcing/ Offshoring industries. He has successfully driven Digital Transformations, increased profitability and efficiency by optimizing and improving Operations and Supply Chain, strategic acquisitions. After his industry experience, Rajesh has been a visiting Faculty with Management Institutes bringing his expertise and wealth of industry experience into academia. He has been teaching Operations Management, Supply Chain Management and Strategy, and has also conducted several Management Development Programs for professionals. He also mentors and coaches Start-ups & budding Entrepreneurs, and provides advise on Intellectual Property related matters.

Corporate Group Discount:

One complimentary nomination for every group of three nominations from the same organization, i.e., 3+1 participants for the fee of 3 participants.

For registration/enquiries , please mail to or call at/+ 91 9166085159/+91 9810875278/+91-11-46485562 /41242477

Executive Education/MDPs

FORE School of Management has been designing, developing and conducting innovative Executive Education (EE)/ Management Development Programmes (MDPs) for working executives in India for over three decades.