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  Short term “Certificate” Program on 

  Inventory Accuracy Management

Trainer: Mr. Pattabhi Raman 


• Inventory remains an important part of our manufacturing, distribution, and retail infrastructure.

• And yet, no one wants to talk much about it.

• Managing this critical resource starts with creating and maintaining accurate inventory records.

• But inventory and inventory record accuracy are not subjects that demand profound reflection in our business.

• However, when this investment goes afoul, it is often the subject of board meetings, executive councils, financial crises, and marketing strategy meetings.

• It seems inventory and inventory record accuracy only become important when they aren’t working properly, much like our critical bodily functions

• Too many times, we have visited companies that didn’t understand the purpose of inventory or how to track it.

• It was simply something that was “out there” in manufacturing, distribution, and in the stores—a necessary evil.

• But the fact remains that manufacturing must have inventory, distribution must have inventory, and retailing must have inventory.

• The notion of zero inventory will never be achieved as long as products are made, distributed, and sold.

• Even in the best cases of lean manufacturing, some inventory exists in the manufacturing conversion process; it must be tracked one way or another.

• Thus, inventory in manufacturing, distribution, and retailing is as necessary an evil as money.

• That is, you must have it to do business. More isn’t always better, nor is less.

• However, knowing how much you have and need to operate your business is always better.

• Knowing what you have is what this book is all about. It is as basic to business as marketing, sales, manufacturing, purchasing, and accounting.

• Doing it right is a joy. Doing it wrong is unacceptable

Inventory Accuracy Management
     Register for upcoming batch
For Whom?

• Must for Junior and Mid-level executive to formally learn the processes

• Will serve as refresher to senior level executives

• Those freshers & students, who want to take up career in Supply Chain Domain

• Useful for APICS and other related Certification exam

• Improve the prospects of getting a new job

Program Details

Date: Coming Soon

Time: Between 9.00 am and 5.00pm 

Mode: Online, Live and Inter-active 

Platform: GoToMeeting

Topics Covered

• The Company Bank

• Tolerances and Measures of Accuracy

• The Three-Phase Approach to Inventory

• Record Accuracy

• Phase I—Design and Preparation: Getting the System Right

• Phase I—Design and Preparation: The Physical Stockroom

• Phase II: Establishing Initial Balances

• Phase III: Cycle Counting

• Inventory Record Accuracy in a Lean Environment

• Accountability

• Looking Back and Looking Forward

Certificate: “Participation certificate” will be provided to all participants. The e-certificates are provided from “Exxpert SCM” (an unit of “Thoughtware Training Pvt Ltd”).

Trainer: Mr. Pattabhi Raman 

Training Materials: 

Please note the following for this economic edition

# Recorded video link/ login id will be provided to those participants, who request for the same. # Recommended books will be suggested once you enrol for the session.

# Slides PPT/PDF is not available

Exxpert SCM, 

An unit of 

Thoughtware Training Pvt Ltd

Supply Chain Management education and consultancy. A team of supply chain experts offering quality, affordable certification training

Certification Education

#130 Nehru Main Road
St. Thomas Town Post
Bangalore – 560084, India



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