Virtual Inventory Planning And Stock Control
Conference and Workshop

As authorities the world over lift economy-crippling movement restrictions aimed at curbing coronavirus infections, the fear on everyone’s minds can be expressed in two words: second wave. The concern is that, once quelled, the pandemic will resurface with renewed strength, causing a repeat of rising infections, swamped health systems and orders for lockdowns. Rashes of new cases in pockets of Asia and the U.S. have added to the fears.

A recent rise in Covid-19 cases in Gauteng and Cape Town, including several emerging hot spots are still technically part of the “first wave” of the pandemic, but that doesn’t mean a second wave isn’t coming. The next wave of Covid-19 is unpredictable, because there’s still a lot about the virus that we don’t know. A second wave could lead to a massive wave of declines for the economy, corporate earnings and the stock market.

The first wave of COVID-19 has seen businesses temporarily closed or paused trading since the start of the outbreak. Alongside that, falling stock prices, disrupted supply chains and a world in lockdown has left many of those still standing in significantly weakened positions where they are even more vulnerable to risk. Business impacted by COVID-19 must act swiftly to secure their Future

Looking ahead to a second pandemic wave: why acting now to strengthen your INVENTORY PLANNING & STOCK CONTROL is the key to building future resilience

Harvard Business Review:

"Coronavirus Is a Wake-Up Call for Supply Chain Management" — "As procurement teams struggle to cope with the Covid-19 global pandemic, most have been trying to keep up with the news about global response measures and have been working diligently to secure raw materials and components and protect supply lines. However, vital information is often not available or accessible across their global teams. As a result, their response to the disruption has been reactive and uncoordinated, and the impact of the crisis is hitting many of their companies full force."

Our aim was to bring together the most important experts in Supply Chin in order to stimulate healthy discussions and potential solutions amid the current crisis. The most agile webinar software will be use to handle more than 45 anticipated participants online.

In a world filled with human error ... lost and misplaced overstock and unrealistic demands from customers, co-workers, management, vendors and suppliers, you need real-world answers about HOW you can organize, build and maintain the smoothest-running inventory management system possible. The ability to effectively manage has a major impact on supply chain performance and the resultant cost to serve profile. Poor inventory decisions will result in costs being increased or customers being let down. Getting the balance right requires skilful application of inventory management techniques. Any business with an inventory must ensure they never order too many or too few materials, and that they never place an order too early or too late. Making these inventory management mistakes can result in running out of products, or overspending on holding and ordering costs, both of which are bad for business. This workshop & Conference will show you the best inventory models available during this COVID-19 pandemic, to ensure your goods and services flow to your customers without delay.

This 3-day comprehensive Workshop & Conference is designed for participants working in the supply chain environment. Participants will be taught to understand the good management of inventory that enables their company in improving their customer service, cash flow and profitability. At the end of the programme, participants will be able to implement inventory planning and control.

After attending this course, participants will be able to:

▢ Examine the link of inventory in the company supply chain operations and activities
▢ Analyse the key areas of operation
▢ Identify and understand key performance indicators
▢ Succeed in improving operation
▢ Apply the right cost and service balance
▢ Gain a competitive advantage
▢ How to analyse stock and inventory
▢ How to make productivity improvements
▢ Understand the role of inventory in the supply chain
▢ Balancing cost and service requirements

Those non-inventory people who need to gain an awareness of the issues and key drivers of stock control operations, those new to managing inventory, Stock, Supply Chain, Logistics, Warehouse.

▢ Sourcing Analysts, Supervisors, Managers, Clerks, Representatives, Agents, & Leads
▢ Procurement Analysts, Supervisors, Managers, Agents, Clerks, & Leads.
▢ Contract Development Specialists, Agents, Clerks, & Leads.
▢ Buyers, Senior Buyers and Planners
▢ Purchasing Analysts, Representatives, Supervisors, Managers, Agents, Clerks & Leads
▢ Supply Chain and Logistics Managers, Analysts, Consultants, Supervisors, Technologists, Planners and Engineers
▢ Business and Systems Analysts
▢ Supply Chain Education and Human Resource Management personnel
▢ Order Management Supervisors, Managers, & Analysts
▢ Demand Planners, Supply Planners, Forecast Analysts & Forecasting Managers
▢ Inventory Planners, Inventory Managers, Inventory Clerks, & Inventory Analysts
▢ Transportation Planners, Transportation Clerks, Transportation Analysts, Transportation Managers and Distribution Professionals

Workshop Topics 25th of November 2020

• 08:30 Registration
  
• 09:00 Strategic Supply Chain Management
  ▢ Supply chain management definition
  ▢ Supply chain definition
  ▢ Supply chain strategy
  ▢ Supply chain metrics
• 10:00 Inventory and the Supply Chain
  ▢ Inventory management definition
  ▢ Types of stock
  ▢ Demand replenishment in networks
  ▢ Managing the flows
  ▢ The Supply Chain Rules
  ▢ Defining Service level
• 11:00 Inventory Key Concepts
  ▢ Key Component: Demand Analysis
  ▢ Key Component: Demand Forecasting
  ▢ Key Component: Supply Lead Time
  ▢ Key Component: Cost & Benefits
  ▢ Inventory benefits
  ▢ Inventory policies

12:00 Lunch

• 13:00 Replenishment Methods and Systems
  ▢ Basic mechanics of inventory systems
  ▢ Stock components
  ▢ Stock investment
  ▢ Fixed order quantity systems
  ▢ Fixed order time cycle systems
  ▢ Requirement planning systems
  ▢ Supply chain control towers
• 14:00 Inventory Performance
  ▢ Inventory Assessment
  ▢ Assessing the stock level
  ▢ Models for implementing inventory control
  ▢ Determining stock targets
  ▢ Inventory KPI's in warehouses/stores
  ▢ Inventories role in fulfilling supply chain strategies
• 15:00 Inventory Strategies
  ▢ Push/pull
  ▢ Quick response (QR)
  ▢ Efficient consumer response (ECR)
  ▢ Collaborative planning forecasting and replenishment (CPFR
  ▢ Lean and agile approaches
  ▢ Quality Management
  ▢ Postponement
  ▢ Cross Docking
  ▢ Consolidation
  ▢ Vendor Managed Inventory (VMI)
  ▢ Consignment stocking
  ▢ Co-Managed Inventory (CMI)
  ▢ Direct product profitability (DPP)
  ▢ Economic value added (EVA)
  ▢ Collaborative supply chains
• 16:00 End of workshop



CONFERENCE TOPICS 26TH NOVEMBER 2020

08:30 Registration

• 09:00 Risk Management in Global Supply Chains
• 10:00 Role of Artificial Intelligence in smoothing the COVID-19 second wave impact on the industrial world
• 11:00 Roles of inventories in agile and resilient supply chains

12:00 Lunch

• 13:00 Next Generation Resilient Supply Chain Design and Operations
• 14:00 COVID's Impact on the Supply Chain
• 15:00 Supply Chain Risk Evaluation and Management (SCREAM): Impact of the Pandemic on Inventory Management
• 15:30 The COVID-19 impact on global supply chain planning in the Industry 4.0 era: a comparison of industries
• 16:30 End of Conference

08:30 Registration

• 09:00 Supply Chain Big Data Analytics: Future Research Opportunities
• 10:00 Coalition formation and inventory management
• 11:00 Inventory Classification in the Age of Coronavirus

12:00 Lunch

• 13:00 Clinically integrated supply chain as a strategy to transform healthcare
• 14:00 Digital supply networks and inventory management
• 15:00 Inventory Management for Disaster Relief Operations
• 15:30 Humanitarian logistics and supply chain management – another lesson for the South African government from COVID-19
• 16:30 End of Conference