Accurate and Balanced Inventory | July | VIC

9:00am Tuesday, 11 July 2017
5:00pm Tuesday, 11 July 2017
Short Courses/Workshops
Enviorstore 43B Nathan Drive
Campbellfield, Victoria 3061

Achieving Accurate and Balanced Inventory

This one day workship will teach you how to implement a quick and easy approach to balancing inventories using a simulation approach adjusting safety stock “triggers” and batch sizes.


Learning outcomes

·         Learn how much inventory is needed in your organisation

·         How much it will cost

·         How accurate it is and how you can keep it accurate

Course content

·         Assuring record accuracy

·         Designing the inventory process

·         Cycle Counting

·         Recording accuracy utilising a four step methodology used by thousands of organisations

·         Measuring accuracy

·         Rebalancing safety stocks and batch sizes with spreadsheets

Who should attend

Managers and financial personnel involved in ERP/MRPII/IBM/S&OP Projects and Teams who need accurate inventories for a computer based management system to be of use to the company; plus stores, logistics, purchasing, supply chain, inventory managers and planning personnel.


How it works

Students register and receive a confirmation letter two weeks prior to course start date confirming venue and timings. All materials are made available to students at the venue.


About the facilitator

Phil Heenan has been a member of APICS since 1978 and a past President of apicsAU Victoria. As Group Logistics Manager and Full Time MRPII/DRP Project Manager for The Beatrice Confectionery Group (a division of Cadbury) he was one of the first in Victoria (1988) to achieve class A in MRPII/DRP/S&OP.

He is a leader in many APICS courses, conducting public and in- house courses to all levels of management in leading Australian companies across the Asia-Pacific region.

Phil‘s qualifications include: CPIM, CFPIM, CSCP, Diploma in Business Operations Management, Diploma of Purchasing and a Graduate Diploma in Logistics Management.

Date: Tuesday 11th of July

9 am to 5pm


Sold Out

Additional Information

Date: Tuesday 11th of June

Timings: 9 am to 5pm EDST

Fees: apicsAU Member:  $999

apicsAU Non-Member:  $1099*

(GST inc)

* Please note you will be deemed a member for the purpose of this course only. For more information about joining as a member, visit here