Confederation of Indian Industry
CII – L M Thapar Centre for Competitiveness for SMEs is organising
Training Programme on Effective Inventory Management. Friday, 24 April 2009.
Venue : Confederation of Indian Industry, 249 F, Sector- 18,Udyog Vihar, Phase- IV, Gurgaon
Effective Inventory Management and Competitiveness
Inventory is one of the largest wastes. It devours capital, becomes obsolescent and consumes space and manpower while just sitting. Inventory also hides other waste. Almost every imperfection or problem creates a need for inventory. Inventory is, thus, an effect as well as a reflection of overall manufacturing effectiveness. Inventory is probably one of the two biggest assets on your company’s balance sheet. It is an important determinant of Return On Assets (ROA) and other measures of financial performance. Carrying stock is expensive, usually 20%-40% of the average value per year. It’s easy to turn cash into inventory…the challenge is to turn inventory back into cash.
As committed to enhance the global competitiveness of Indian Industry, CII – L M Thapar Centre for Competitiveness has initiated a special drive to popularize Effective Inventory Management among organisations, in view of international standards.
Against this backdrop, CII – L M Thapar Centre for Competitiveness is organizing one-day training programme on ‘Effective Inventory Management’ on Friday, 24th April 2009from 0900 hrs to 1700 hrs at Confederation of Indian Industry, 249 F, Sector- 18, Udyog Vihar, Phase- IV, Gurgaon.
Registration Form is available at GSIA Office.
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